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May 22, 2009
Skorton signs off on 12 small, but key, construction projects
President David J. Skorton approved several critical capital projects May 21. The 12 small-scale initiatives will keep the university running smoothly while maintaining fiscal equilibrium. All of the projects are critical to maintaining the university's mission or safety and have approved funding. Some are required to comply with health, safety or environmental regulations. Others address critical maintenance or will avoid greater costs that would accrue if further delayed. Several will enable departments to maintain the integrity of their core programs. The price tags range from $500,000 to $5 million, and none of these projects require issuance of new debt. This is the second group of capital initiatives Skorton has approved since instituting a construction pause, Oct. 30, 2008, in effect until June 30, 2009. The pause has enabled administrators to prioritize new building and maintenance and better align funding and proposed uses. Skorton announced the first group of approved projects April 15. The newly approved initiatives are:
See "Budget Resources" at CUinfo (http://www.cuinfo.cornell.edu/) for more information on these and other approved capital initiatives, including each project's scope, justification, funding and status. Or go directly to http://www.fs.cornell.edu/fs/projects/intro.cfm.
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Related Information:
2009 Authorized Capital Projects President Skorton's "Update on Construction Projects" (April 2009) Campus construction now tracked on new Web site (April 2009) Share:
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