General Assembly |
Governor's Bill No. 840 | ||
January Session, 2013 |
LCO No. 2891 | ||
*02891__________* | |||
Referred to Committee on FINANCE, REVENUE AND BONDING |
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Introduced by: |
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SEN. WILLIAMS, 29th Dist. SEN. LOONEY, 11th Dist. REP. SHARKEY, 88th Dist. REP. ARESIMOWICZ, 30th Dist. |
AN ACT CONCERNING NEXT GENERATION CONNECTICUT.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. Subdivision (10) of subsection (a) of section 10a-109d of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2013):
(10) To borrow money and issue securities to finance the acquisition, construction, reconstruction, improvement or equipping of any one project, or more than one, or any combination of projects, or to refund securities issued after June 7, 1995, or to refund any such refunding securities or for any one, or more than one, or all of those purposes, or any combination of those purposes, and to provide for the security and payment of those securities and for the rights of the holders of them, except that the amount of any such borrowing, the special debt service requirements for which are secured by the state debt service commitment, exclusive of the amount of borrowing to refund securities, or to fund issuance costs or necessary reserves, may not exceed the aggregate principal amount of (A) for the fiscal years ending June 30, 1996, to June 30, 2005, inclusive, one billion thirty million dollars, (B) for the fiscal years ending June 30, 2006, to June 30, [2018] 2024, inclusive, [one billion seven hundred nineteen million nine hundred thousand] three billion two hundred seventy million nine hundred thousand dollars, and (C) such additional amount or amounts: (i) Required from time to time to fund any special capital reserve fund or other debt service reserve fund in accordance with the financing transaction proceedings, and (ii) to pay or provide for the costs of issuance and capitalized interest, if any; the aggregate amounts of subparagraphs (A), (B) and (C) of this subdivision are established as the authorized funding amount, and no borrowing within the authorized funding amount for a project or projects may be effected unless the project or projects are included in accordance with subsection (a) of section 10a-109e;
Sec. 2. Subsection (a) of section 10a-109e of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2013):
(a) The university may administer, manage, schedule, finance, further design and construct UConn 2000, to operate and maintain the components thereof in a prudent and economical manner and to reserve for and make renewals and replacements thereof when appropriate, it being hereby determined and found to be in the best interest of the state and the university to provide this independent authority to the university along with providing assured revenues therefor as the efficient and cost effective course to achieve the objective of avoiding further decline in the physical infrastructure of the university and to renew, modernize, enhance and maintain such infrastructure, the particular project or projects, each being hereby approved as a project of UConn 2000, and the presently estimated cost thereof being as follows:
T1 |
UConn 2000 Project |
Phase I |
Phase II |
Phase III |
T2 |
Fiscal Years |
Fiscal Years |
Fiscal Years | |
T3 |
1996-1999 |
2000-2005 |
[2005-2018] | |
T4 |
2005-2024 | |||
T5 |
||||
T6 |
Academic and Research |
450,000,000 | ||
T7 |
Facilities |
|||
T8 |
||||
T9 |
Agricultural Biotechnology |
|||
T10 |
Facility |
9,400,000 |
||
T11 |
||||
T12 |
Agricultural Biotechnology |
|||
T13 |
Facility Completion |
10,000,000 |
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T14 |
||||
T15 |
Alumni Quadrant |
|||
T16 |
Renovations |
14,338,000 |
||
T17 |
||||
T18 |
Arjona and Monteith |
|||
T19 |
(new classroom buildings) |
66,100,000 | ||
T20 |
||||
T21 |
Avery Point Campus |
|||
T22 |
Undergraduate and |
|||
T23 |
Library Building |
35,000,000 | ||
T24 |
||||
T25 |
Avery Point Marine |
|||
T26 |
Science Research Center – |
|||
T27 |
Phase I |
34,000,000 |
||
T28 |
||||
T29 |
Avery Point Marine |
|||
T30 |
Science Research Center – |
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T31 |
Phase II |
16,682,000 |
||
T32 |
||||
T33 |
Avery Point Renovation |
5,600,000 |
||
T34 |
||||
T35 |
Babbidge Library |
0 |
||
T36 |
||||
T37 |
Balancing Contingency |
5,506,834 |
||
T38 |
||||
T39 |
Beach Hall Renovations |
10,000,000 | ||
T40 |
||||
T41 |
Benton State Art Museum |
|||
T42 |
Addition |
1,400,000 |
3,000,000 | |
T43 |
||||
T44 |
Biobehavioral Complex |
|||
T45 |
Replacement |
4,000,000 | ||
T46 |
||||
T47 |
Bishop Renovation |
8,000,000 | ||
T48 |
||||
T49 |
Budds Building |
|||
T50 |
Renovation |
2,805,000 |
||
T51 |
||||
T52 |
Business School |
|||
T53 |
Renovation |
4,803,000 |
||
T54 |
||||
T55 |
Chemistry Building |
53,700,000 |
||
T56 |
||||
T57 |
Commissary Warehouse |
1,000,000 | ||
T58 |
||||
T59 |
Deferred Maintenance/ |
|||
T60 |
Code/ADA Renovation |
|||
T61 |
Lump Sum |
39,332,000 |
[215,000,000] | |
T62 |
820,000,000 | |||
T63 |
||||
T64 |
Deferred Maintenance & |
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T65 |
Renovation Lump Sum |
|||
T66 |
Balance |
104,668,000 |
||
T67 |
||||
T68 |
East Campus North |
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T69 |
Renovations |
11,820,000 |
||
T70 |
||||
T71 |
Engineering Building |
|||
T72 |
(with Environmental |
|||
T73 |
Research Institute) |
36,700,000 | ||
T74 |
||||
T75 |
Equine Center |
1,000,000 |
||
T76 |
||||
T77 |
Equipment, Library |
|||
T78 |
Collections & |
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T79 |
Telecommunications |
60,500,000 |
[200,000,000] | |
T80 |
470,000,000 | |||
T81 |
||||
T82 |
Equipment, Library |
|||
T83 |
Collections & |
|||
T84 |
Telecommunications |
|||
T85 |
Completion |
182,118,146 |
||
T86 |
||||
T87 |
Family Studies (DRM) |
|||
T88 |
Renovation |
6,500,000 | ||
T89 |
||||
T90 |
Farm Buildings Repairs/ |
|||
T91 |
Replacement |
6,000,000 | ||
T92 |
||||
T93 |
Fine Arts Phase II |
20,000,000 | ||
T94 |
||||
T95 |
Floriculture Greenhouse |
3,000,000 | ||
T96 |
||||
T97 |
Gant Building Renovations |
34,000,000 | ||
T98 |
||||
T99 |
Gant Plaza Deck |
0 |
||
T100 |
||||
T101 |
Gentry Completion |
10,000,000 | ||
T102 |
||||
T103 |
Gentry Renovation |
9,299,000 |
||
T104 |
||||
T105 |
Grad Dorm Renovations |
7,548,000 |
||
T106 |
||||
T107 |
Gulley Hall Renovation |
1,416,000 |
||
T108 |
||||
T109 |
Hartford Relocation |
|||
T110 |
Acquisition/Renovation |
56,762,020 |
70,000,000 | |
T111 |
||||
T112 |
Hartford Relocation Design |
1,500,000 |
||
T113 |
||||
T114 |
Hartford Relocation |
|||
T115 |
Feasibility Study |
500,000 |
||
T116 |
||||
T117 |
Heating Plant Upgrade |
10,000,000 |
||
T118 |
||||
T119 |
Hilltop Dormitory New |
30,000,000 |
||
T120 |
||||
T121 |
Hilltop Dormitory |
|||
T122 |
Renovations |
3,141,000 |
||
T123 |
||||
T124 |
Ice Rink Enclosure |
2,616,000 |
||
T125 |
||||
T126 |
Incubator Facilities |
10,000,000 | ||
T127 |
||||
T128 |
International House |
|||
T129 |
Conversion |
800,000 |
||
T130 |
||||
T131 |
Intramural, Recreational |
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T132 |
and Intercollegiate Facilities |
31,000,000 | ||
T133 |
||||
T134 |
Jorgensen Renovation |
7,200,000 | ||
T135 |
||||
T136 |
Koons Hall Renovation/ |
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T137 |
Addition |
7,000,000 | ||
T138 |
||||
T139 |
Lakeside Renovation |
3,800,000 | ||
T140 |
||||
T141 |
Law School Renovations/ |
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T142 |
Improvements |
15,000,000 | ||
T143 |
||||
T144 |
Library Storage Facility |
5,000,000 | ||
T145 |
||||
T146 |
Litchfield Agricultural |
|||
T147 |
Center – Phase I |
1,000,000 |
||
T148 |
||||
T149 |
Litchfield Agricultural |
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T150 |
Center – Phase II |
700,000 |
||
T151 |
||||
T152 |
Manchester Hall |
|||
T153 |
Renovation |
6,000,000 | ||
T154 |
||||
T155 |
Mansfield Apartments |
|||
T156 |
Renovation |
2,612,000 |
||
T157 |
||||
T158 |
Mansfield Training School |
|||
T159 |
Improvements |
27,614,000 |
29,000,000 | |
T160 |
||||
T161 |
Natural History Museum |
|||
T162 |
Completion |
4,900,000 | ||
T163 |
||||
T164 |
North Campus Renovation |
2,654,000 |
||
T165 |
||||
T166 |
North Campus Renovation |
|||
T167 |
Completion |
21,049,000 |
||
T168 |
||||
T169 |
North Hillside Road |
|||
T170 |
Completion |
11,500,000 | ||
T171 |
||||
T172 |
North Superblock Site |
|||
T173 |
and Utilities |
8,000,000 |
||
T174 |
||||
T175 |
Northwest Quadrant |
|||
T176 |
Renovation |
2,001,000 |
||
T177 |
||||
T178 |
Northwest Quadrant |
|||
T179 |
Renovation |
15,874,000 |
||
T180 |
||||
T181 |
Observatory |
1,000,000 | ||
T182 |
||||
T183 |
Old Central Warehouse |
18,000,000 | ||
T184 |
||||
T185 |
Parking Garage #3 |
[15,000,000] | ||
T186 |
78,000,000 | |||
T187 |
||||
T188 |
Parking Garage – North |
10,000,000 |
||
T189 |
||||
T190 |
Parking Garage – South |
15,000,000 |
||
T191 |
||||
T192 |
Pedestrian Spinepath |
2,556,000 |
||
T193 |
||||
T194 |
Pedestrian Walkways |
3,233,000 |
||
T195 |
||||
T196 |
Psychology Building |
|||
T197 |
Renovation/Addition |
20,000,000 | ||
T198 |
||||
T199 |
Residential Life Facilities |
[90,000,000] | ||
T200 |
162,000,000 | |||
T201 |
Roadways |
10,000,000 |
||
T202 |
||||
T203 |
School of Business |
20,000,000 |
||
T204 |
||||
T205 |
School of Pharmacy/Biology |
3,856,000 |
||
T206 |
||||
T207 |
School of Pharmacy/Biology |
|||
T208 |
Completion |
61,058,000 |
||
T209 |
||||
T210 |
Shippee/Buckley |
|||
T211 |
Renovations |
6,156,000 |
||
T212 |
||||
T213 |
Social Science K Building |
20,964,000 |
||
T214 |
||||
T215 |
South Campus Complex |
13,127,000 |
||
T216 |
||||
T217 |
Stamford Campus |
|||
T218 |
Improvements/Housing |
[3,000,000] | ||
T219 |
13,000,000 | |||
T220 |
||||
T221 |
Stamford Downtown |
|||
T222 |
Relocation – Phase I |
45,659,000 |
||
T223 |
||||
T224 |
Stamford Downtown |
|||
T225 |
Relocation – Phase II |
17,392,000 |
||
T226 |
||||
T227 |
Storrs Hall Addition |
4,300,000 | ||
T228 |
||||
T229 |
Student Health Services |
12,000,000 | ||
T230 |
||||
T231 |
Student Union Addition |
23,000,000 |
||
T232 |
||||
T233 |
Support Facility |
|||
T234 |
(Architectural and |
|||
T235 |
Engineering Services) |
2,000,000 | ||
T236 |
||||
T237 |
Technology Quadrant – |
|||
T238 |
Phase IA |
38,000,000 |
||
T239 |
||||
T240 |
Technology Quadrant – |
|||
T241 |
Phase IB |
16,611,000 |
||
T242 |
||||
T243 |
Technology Quadrant – |
|||
T244 |
Phase II |
72,000,000 |
||
T245 |
||||
T246 |
Technology Quadrant – |
|||
T247 |
Phase III |
15,000,000 |
||
T248 |
||||
T249 |
Torrey Life Science |
|||
T250 |
Renovation |
17,000,000 |
||
T251 |
||||
T252 |
Torrey Renovation |
|||
T253 |
Completion and Biology |
|||
T254 |
Expansion |
42,000,000 | ||
T255 |
||||
T256 |
Torrington Campus |
|||
T257 |
Improvements |
1,000,000 | ||
T258 |
||||
T259 |
Towers Renovation |
17,794,000 |
||
T260 |
||||
T261 |
UConn Products Store |
1,000,000 | ||
T262 |
||||
T263 |
Undergraduate Education |
|||
T264 |
Center |
650,000 |
||
T265 |
||||
T266 |
Undergraduate Education |
|||
T267 |
Center |
7,450,000 |
||
T268 |
||||
T269 |
Underground Steam & |
|||
T270 |
Water Upgrade |
3,500,000 |
||
T271 |
||||
T272 |
Underground Steam & |
|||
T273 |
Water Upgrade |
|||
T274 |
Completion |
9,000,000 |
||
T275 |
||||
T276 |
University Programs |
|||
T277 |
Building – Phase I |
8,750,000 |
||
T278 |
||||
T279 |
University Programs |
|||
T280 |
Building – Phase II |
|||
T281 |
Visitors Center |
300,000 |
||
T282 |
||||
T283 |
Waring Building Conversion |
7,888,000 |
||
T284 |
||||
T285 |
Waterbury Downtown |
|||
T286 |
Campus |
3,000,000 | ||
T287 |
||||
T288 |
Waterbury Property |
|||
T289 |
Purchase |
325,000 |
||
T290 |
||||
T291 |
West Campus Renovations |
14,897,000 |
||
T292 |
||||
T293 |
West Hartford Campus |
|||
T294 |
Renovations/ |
|||
T295 |
Improvements |
25,000,000 | ||
T296 |
||||
T297 |
White Building Renovation |
2,430,000 |
||
T298 |
||||
T299 |
Wilbur Cross Building |
|||
T300 |
Renovation |
3,645,000 |
||
T301 |
||||
T302 |
Young Building Renovation/ |
|||
T303 |
Addition |
17,000,000 | ||
T304 |
||||
T305 |
HEALTH CENTER |
|||
T306 |
||||
T307 |
CLAC Renovation |
|||
T308 |
Biosafety Level 3 Lab |
14,000,000 | ||
T309 |
||||
T310 |
Deferred Maintenance/ |
|||
T311 |
Code/ADA Renovation |
|||
T312 |
Sum – Health Center |
[50,000,000] | ||
T313 |
61,000,000 | |||
T314 |
||||
T315 |
Dental School Renovation |
5,000,000 | ||
T316 |
||||
T317 |
Equipment, Library |
|||
T318 |
Collections and |
|||
T319 |
Telecommunications – |
|||
T320 |
Health Center |
75,000,000 | ||
T321 |
||||
T322 |
Library/Student Computer |
|||
T323 |
Center Renovation |
5,000,000 | ||
T324 |
||||
T325 |
Main Building Renovation |
125,000,000 | ||
T326 |
||||
T327 |
Medical School Academic |
|||
T328 |
Building Renovation |
9,000,000 | ||
T329 |
||||
T330 |
Parking Garage – Health |
|||
T331 |
Center |
8,400,000 | ||
T332 |
||||
T333 |
Research Tower |
60,000,000 | ||
T334 |
||||
T335 |
Support Building Addition/ |
|||
T336 |
Renovation |
4,000,000 | ||
T337 |
||||
T338 |
The University of Connecticut |
|||
T339 |
Health Center |
|||
T340 |
New Construction and |
|||
T341 |
Renovation |
394,900,000 | ||
T342 |
||||
T343 |
Planning and Design Costs |
25,000,000 | ||
T344 |
||||
T345 |
Total – Storrs and Regional |
[1,043,000,000] | ||
T346 |
Campus Project List |
2,583,000,000 | ||
T347 |
||||
T348 |
Total – Health Center |
[775,300,000] | ||
T349 |
Project List |
786,300,000 | ||
T350 |
||||
T351 |
TOTAL |
382,000,000 |
868,000,000 |
[1,818,300,000] |
T352 |
3,369,300,000 |
Sec. 3. Subdivision (1) of subsection (a) of section 10a-109g of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2013):
(a) (1) The university is authorized to provide by resolution, at one time or from time to time, for the issuance and sale of securities, in its own name on behalf of the state, pursuant to section 10a-109f. The board of trustees of the university is hereby authorized by such resolution to delegate to its finance committee such matters as it may determine appropriate other than the authorization and maximum amount of the securities to be issued, the nature of the obligation of the securities as established pursuant to subsection (c) of this section and the projects for which the proceeds are to be used. The finance committee may act on such matters unless and until the board of trustees elects to reassume the same. The amount of securities the special debt service requirements of which are secured by the state debt service commitment that the board of trustees is authorized to provide for the issuance and sale in accordance with this subsection shall be capped in each fiscal year in the following amounts, provided, to the extent the board of trustees does not provide for the issuance of all or a portion of such amount in a fiscal year, all or such portion, as the case may be, may be carried forward to any succeeding fiscal year and provided further, the actual amount for funding, paying or providing for the items described in subparagraph (C) of subdivision (10) of subsection (a) of section 10a-109d may be added to the capped amount in each fiscal year:
T353 |
Fiscal Year |
Amount |
T354 |
1996 |
$112,542,000 |
T355 |
1997 |
112,001,000 |
T356 |
1998 |
93,146,000 |
T357 |
1999 |
64,311,000 |
T358 |
2000 |
130,000,000 |
T359 |
2001 |
100,000,000 |
T360 |
2002 |
100,000,000 |
T361 |
2003 |
100,000,000 |
T362 |
2004 |
100,000,000 |
T363 |
2005 |
100,000,000 |
T364 |
2006 |
79,000,000 |
T365 |
2007 |
89,000,000 |
T366 |
2008 |
115,000,000 |
T367 |
2009 |
140,000,000 |
T368 |
2010 |
0 |
T369 |
2011 |
138,800,000 |
T370 |
2012 |
157,200,000 |
T371 |
2013 |
143,000,000 |
T372 |
2014 |
[198,000,000] 204,400,000 |
T373 |
2015 |
[208,500,000] 315,500,000 |
T374 |
2016 |
[199,500,000] 309,500,000 |
T375 |
2017 |
[160,900,000] 266,400,000 |
T376 |
2018 |
[91,000,000] 269,500,000 |
T377 |
2019 |
251,000,000 |
T378 |
2020 |
269,000,000 |
T379 |
2021 |
191,500,000 |
T380 |
2022 |
144,000,000 |
T381 |
2023 |
112,000,000 |
T382 |
2024 |
73,500,000 |
Sec. 4. Subsection (a) of section 10a-109n of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2013):
(a) For the period from July 1, 2001, to June 30, [2018] 2024, or until completion of the UConn 2000 infrastructure improvement program, whichever is later, the university shall have charge and supervision of the design, planning, acquisition, remodeling, alteration, repair, enlargement or demolition of any real asset or any other project on its campuses.
This act shall take effect as follows and shall amend the following sections: | ||
Section 1 |
July 1, 2013 |
10a-109d(a)(10) |
Sec. 2 |
July 1, 2013 |
10a-109e(a) |
Sec. 3 |
July 1, 2013 |
10a-109g(a)(1) |
Sec. 4 |
July 1, 2013 |
10a-109n(a) |
Statement of Purpose:
To implement the Governor's budget recommendations.
[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]