HEALTH CENTER
CLAC Renovation Biosafety Level 3 Lab 14,000,000
Deferred Maintenance/Code/ADA Renovation Sum − Health Center 50,000,000
Dental School Renovation 5,000,000
Equipment, Library Collections and Telecommunications - Health Center 75,000,000
Library/Student Computer Center Renovation 5,000,000
Main Building Renovation 75,000,000
Medical School Academic Building Renovation 9,000,000
Parking Garage − Health Center 8,400,000
Research Tower 60,000,000
Support Building Addition/Renovation 4,000,000
Total − Storrs and Regional Campus Project List 1,043,000,000
Total − Health Center Project List 305,400,000
TOTAL382,000,000868,000,0001,348,400,000
(b) The plan of funding UConn 2000 shall be the proceeds of general obligation
bonds of the state in an amount authorized before June 7, 1995, and the proceeds of
securities subject to the authorized funding amount established in subdivision (10)
of subsection (a) of section 10a-109d and the proceeds of the Special External Gift
Fund becoming available to the university pursuant to section 10a-109i.
(c) The amount of the state debt service commitment in each fiscal year shall be
pledged by the university for the punctual payment of special debt service requirements
as the same arise and shall become due and payable. As part of the contract of the
state with the holders of the securities secured by the state debt service commitment
and pursuant to section 10a-109u, appropriation of all amounts of the state debt
service commitment is hereby made out of the resources of the General Fund and
the Treasurer shall pay such amount in each fiscal year, to the paying agent on the
securities secured by the state debt service commitment or otherwise as the Treasurer
shall provide. The university shall be entitled to rely on the amount of the state
debt service commitment and minimum state operating provision as and for assured
revenues in any financing transaction proceeding, provided, to the extent any such
proceeding includes reliance on such state debt service commitment and such minimum
state operating provision, the university commits to a rate covenant and covenants,
in substance, with the state and the holders of its securities to the effect that as long
as any securities thereunder are outstanding that it has established and will charge,
collect and increase, from time to time, and in time tuition fees and charges for
its educational services, its auxiliary enterprises, including dormitory housing, food
services and sale of textbooks and use of the physical university plant and for all
other services and goods provided by the university, the amount of which, together
with other assured revenues or other revenues otherwise available to the university
including proceeds available from the Special External Gift Fund shall in each of its
fiscal years be sufficient to pay when due, the special debt service requirements on
outstanding securities and to permit the university to operate and maintain itself as
an institution dedicated to excellence in higher education and to operate and maintain
the physical university plant in sound operating condition and to otherwise permit
the performance of all covenants included in the financing documents.
(d) With respect to UConn 2000 and within the authorized funding amount, the
university may, from time to time, and shall whenever appropriate or necessary,
revise, delete and add a particular project or projects, provided (1) a formal approving
vote of its board of trustees shall be needed for a material revision, deletion or addition
dictated by a change in university planning as determined by its board of trustees or
otherwise necessary because of reasons beyond the control of the university, (2) any
material revision shall be subject only to such formal approval of the board of trustees
as long as the board finds and determines that such revision is consistent with the
intent or purpose of the original project, (3) a material addition or deletion shall be
conditioned not only upon such formal approval of the board of trustees but also
upon a request by the board of trustees for, and enactment of, a subsequent public
or special act approving such addition or deletion, if such addition is to add a project
not outlined in subsection (a) of this section or the deletion is the deletion of a project
outlined in subsection (a) of this section, and (4) no revision, addition or deletion
shall reduce the amount of any state debt service commitment. Further, with respect
to UConn 2000 and subject to the limitations in the authorized funding amount, the
university may determine the sequencing and timing of such project or projects, revise
estimates of cost and reallocate from any amounts estimated in subdivision (a) of
this section, for one or more projects to one or more other projects then constituting
a component of UConn 2000 as long as, at the time of such reallocation, it has found
that any such project to which a reallocation is made has been revised or added in
accordance with this section and such project from which a reallocation is made either
has been so revised or added and can be completed within the amounts remaining
allocated to it, or has been so deleted. University actions under this section shall be
included in reports to the General Assembly under section 10a-109y.
(P.A. 95-230, S. 5, 45; P.A. 96-244, S. 39, 63; May 9 Sp. Sess. P.A. 02-3, S. 2; P.A. 06-196, S. 72; P.A. 07-108, S. 5;
June Sp. Sess. P.A. 07-7, S. 59.)
History: P.A. 95-230 effective June 7, 1995; P.A. 96-244 amended Subsec. (a) to change the estimated cost of the
Business School renovation from $48,030,000 to $4,803,000, effective July 1, 1996; May 9 Sp. Sess. P.A. 02-3 amended
Subsec. (a) to revise the list of projects and amounts in Phase II and to add the project list and amounts for Phase III,
effective July 1, 2002; P.A. 06-196 made technical changes in Subsecs. (c) and (d), effective June 7, 2006; P.A. 07-108
amended Subsec. (a) to revise list of projects and amounts in Phase III, effective July 1, 2007; June Sp. Sess. P.A. 07-7
amended Subsec. (a) to extend the end year for Phase III from 2015 to 2016, effective November 2, 2007.