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FMU Seeks $8.9 Million in Capital Improvements

 FLORENCE---Francis Marion University officials will make a presentation to the legislature’s Senate Finance Committee at 4 p.m. today (Feb. 10), seeking $8.9 million in capital improvements for the campus. 

FMU President Lee A. Vickers said there are three items on FMU’s request for funding for the 1999-2000 year.  

The first priority is $525,000 for energy upgrade.  The money would be used to replace a 24-year-old 550 ton centrifugal chiller which is at the end of its useful life and uses a type of refrigerant that is no longer manufactured. 

This project is included in the Commission on Higher Education’s budget request to the legislature.  This project was included in FMU’s budget request last year, but was vetoed by the governor.

FMU is requesting $1,475,250 for deferred maintenance, repair and equipment upgrade.  This project will address a substantial deferred maintenance backlog that has been identified as being beyond the financial capability of the university.  

A 1994 study by CHE and the Budget and Control Board found deferred maintenance at FMU in access of $6 million.  The current request includes the repair, renovation and updating of facilities and equipment due to accumulated age and obsolescence, and to address improvements needed for the conservation of energy.

The last item on FMU’s request is $6,917,500 to build a 45,000 square foot addition to the Stanton Academic Computer Center.  This addition will provide classrooms specifically equipped for technology applications, computer laboratories and office and supporting space for the School of Business and the Education Department.

The Senate Finance Committee is holding a hearing today to consider capital requests from state universities that may be financed through bonds.


Last Published: July 1, 2004 6:16 AM
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