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September - University of Nebraska

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C. FISCAL IMPACT Amount<br />

Operational & Maintenance costs per year $440,000<br />

Additional Programmatic Costs -<br />

Applicable building renewal assessment<br />

charges – 1% <strong>of</strong> project cost<br />

$175,000<br />

X. FUNDING INFORMATION<br />

A. Total funds required is: $17,500,000.<br />

B. Project Funding Sources:<br />

FUNDING SOURCES Amount % Total<br />

State Funds $17,500,000 100%<br />

Cash Funds<br />

Federal Funds<br />

LB309 Funds<br />

Revenue Bonds<br />

Private Donations<br />

Total $17,500,000 100%<br />

C. Fiscal year expenditures<br />

XI. TIMELINE<br />

FISCAL YEAR EXPENDITURES<br />

FY2009-2010 $1,000,000<br />

FY2010-2011 $7,400,000<br />

FY2011-2012 $9,100,000<br />

Program Statement Approval by Board <strong>of</strong> Regents <strong>September</strong> 2008<br />

CCPE Approval October 2008<br />

Legislative Approval <strong>of</strong> Funding July 2009<br />

Architect Selection August 2009<br />

Design Development Complete March 2010<br />

Construction Documents Complete July 2010<br />

Receive Bids <strong>September</strong> 2010<br />

Contract Award/Start Construction October 2010<br />

Mid-Point Construction June 2011<br />

Substantial Completion February 2012

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