Regents hear 2010 capital investment request

The $242 million would find building renovations, new projects.

by Taryn Wobbema

University of Minnesota administrators presented their plan to request $242 million from the state Legislature next session at FridayâÄôs Board of Regents meeting. The University wants $100 million in Higher Education Asset Preservation and Replacement fundingâÄì an amount intended for system-wide renovations of University buildings Other projects include: âÄ¢ Folwell Hall renovations: $36.5 million âÄ¢ New American Indian Learning Resource Center on Duluth campus: $10 million âÄ¢ New physics and nanotechnology building on the Twin CitiesâÄô East Bank campus: $80 million âÄ¢ General laboratory renovations: $10 million âÄ¢ Itasca Biological Station: $5.5 million If the request passes the Board of Regents and the state Legislature, the state will pay all of the HEAPR amount, but only two-thirds of the other projects. The University would pay the remaining third, putting the actual request from the Legislature at $194.7 million. Missing from the request was funding for a new Bell Museum of Natural History, which had been a major University priority at the Capitol the past two years. The board will vote on the proposal at its October meeting. Regent Steven Hunter said he is confident the board will pass the request next month.