 | Board of Visitors minutes April 16, 2004 |  |
6640
APPROVAL OF INCREASE IN FACULTY AND STAFF HOUSING
RATES FOR
2004-2005
- RESOLVED that the faculty and staff housing rates be approved as indicated, effective July 1, 2004. The Executive Vice President and Chief Operating Officer is authorized to increase the rates to market level when a property is vacated.
| Academic Division | ||||||
| Rents | Proposed Rents | Utilities | ||||
| Properties | Utilities Furnished |
2003-2004 Per Month |
Amount Increase |
Percent Increase |
2004-2005 Per Month |
Paid By Occupant |
| Piedmont Estates | ||||||
| 1 Bedroom Apt. (7)(F) | WS,E,G,C,T | $558 | $35 | 6.27% | $593 | |
| 2 Bedroom Apt. (16) | WS,E,G,C,T | $675 | $43 | 6.37% | $718 | |
| Houses (3BR) (16) (E) | WS,C,T | $972 | $58 | 5.97% | $1,030 | E,G |
| Townhouses (3BR) (5) (E) | WS,C,T | $972 | $58 | 5.97% | $1,030 | E,G |
| Farmhouse Apt. 1 (1BR) (F)1 | WS,E,G,C,T,AC | $614 | $37 | 6.03% | $651 | |
| Farmhouse Apt. 2 (3 BR) | WS,E,G,C,T | $634 | $38 | 5.99% | $672 | |
| Farmhouse Apt. 3 (1 BR) | WS,E,G,C,T | $525 | $35 | 6.67% | $560 | |
| Farmhouse Apt. 4 (2 BR) (F)1 | WS,E,G,C,T,AC | $694 | $42 | 6.05% | $736 | |
| Sundry | ||||||
| Vyssotsky Cottage (3BR) (E) | WS,T,A/C | $773 | $52 | 6.73% | $825 | E,G |
| McGuffey Cottage (Eff) | WS,E,V,T,A/C | $471 | $36 | 7.64% | $507 | |
| Upper Mews (1BR) (F)1 | WS,E,HP,C,T,A/C | $668 | $40 | 5.99% | $708 | |
| Lower Mews (1BR) (F)1 | WS,E,HP,C,T,A/C | $566 | $34 | 6.01% | $600 | |
| Monroe Hill Range (1BR) | WS,E,HVAC,T,V | $717 | $43 | 6.00% | $760 | |
| Brown College Apts. (2BR) | WS,E,HVAC,T,V | $620 | $49 | 7.90% | $669 | |
| Hereford Coll. Apts. (2BR) | WS,E,HVAC,T,V | $735 | $45 | 6.12% | $780 | |
| Hereford Coll. Prin. Res. (3BR)1 | WS,E,HVAC,T,V | $917 | $55 | 6.00% | $972 | |
| 102 Cresap Fac Apt. (1BR) (F)1 | WS,E,G,T,HVAC,V | $684 | $41 | 5.99% | $725 | |
| Hedge House (2BR) (F) | WS,C,T,A/C | $729 | $44 | 6.04% | $773 | E,G |
| Orchard House (5RMS) (F) | WS,E,G,C,T,A/C | $351 | $21 | 5.98% | $372 | |
| 118 Oakhurst, Upper (2BR) | WS,G,C | $638 | $42 | 6.58% | $680 | E,T |
| 118 Oakhurst, Lower (2BR) | WS,G,C | $638 | $42 | 6.58% | $680 | E,T |
| 409 Valley Road, (2BR) (F) | WS,E,G,C,A/C | $906 | $54 | 5.96% | $960 | T |
| 411 Valley Road, (2BR) (F) | WS,E,G,C,A/C | $906 | $54 | 5.96% | $960 | T |
| 503 Valley Road, (1BR) | C | $509 | $35 | 6.88% | $544 | WS,E,G,T |
| 424 MLLH, (1BR) | WS,E,G,C,HVAC,V | $648 | $45 | 6.94% | $693 | |
| 423 MLLH, (2BR) | WS,E,G,C,HVAC,V | $752 | $57 | 7.58% | $809 | |
6641
| Academic Division | ||||||
| Rents | Proposed Rents | Utilities | ||||
| Properties | Utilities Furnished |
2003-2004 Per Month |
Amount Increase |
Percent Increase |
2004-2005 Per Month |
Paid By Occupant |
| Birdwood Properties | ||||||
| Cottage (1BR) | WS,C,T | $523 | $31 | 5.93% | $554 | E |
| Garage Apt.(2BR) | WS,C,T | $740 | $52 | 7.03% | $792 | E,G |
| Cash House (3BR) (E) | WS,C,T,AC | $950 | $63 | 6.63% | $1,013 | E,G |
| Middleton House (4BR) | WS,C,T,AC | $1,123 | $67 | 5.97% | $1,190 | E,G |
| E & G Properties | ||||||
| Montebello, (3 BR/Garage) | WS,E,G,A/C | $704 | $41 | 5.82% | $745 | C,T |
| Big Morea (4 BR) (F) | WS,E,G,A/C,T | $987 | $55 | 5.57% | $1,042 | C |
| Little Morea (2BR) (F) | WS,E,G,A/C,T | $759 | $41 | 5.40% | $800 | C |
| Sunnyside (4BR) | WS,E,O,A/C | $1,570 | $63 | 4.01% | $1,633 | C |
| Monroe Hill House (4BR) | WS,E,HVAC,T,V | $913 | $51 | 5.59% | $964 | C |
| Buckingham Palace (Eff) | WS,E,HP,A/C,T | $337 | $20 | 5.93% | $357 | C |
| Pavilion I (5BR) | WS,E,HVAC,T,V | $831 | $47 | 5.66% | $878 | C |
| Pavilion II (5BR) | WS,HP,T,V | $614 | $36 | 5.86% | $650 | C |
| Pavilion III (5BR) | WS,E,HVAC,T,V | $831 | $47 | 5.66% | $878 | C |
| Pavilion IV (5BR) | WS,HP,T,V | $614 | $36 | 5.86% | $650 | C |
| Pavilion V (5BR) | WS,E,HVAC,T,V | $831 | $47 | 5.66% | $878 | C |
| Pavilion VI (5BR) | WS,E,HVAC,T,V | $831 | $47 | 5.66% | $878 | C |
| Pavilion VIII Upper (3BR) | WS,E,HVAC,T,V | $534 | $32 | 5.99% | $566 | C |
| Pavilion VIII Lower (1BR) | WS,E,HVAC,T,V | $281 | $17 | 6.05% | $298 | C |
| Pavilion IX (5BR) | WS,E,HVAC,T,V | $831 | $47 | 5.66% | $878 | C |
| Pavilion X (5BR) | WS,E,HP,T,V | $614 | $36 | 5.86% | $650 | C |
| Blandy Farm | ||||||
| Curator's House | WS | $0 | $0 | 0.0% | $0 | E,O |
| Green Farm House | WS | $65 | $0 | 0.0% | $65 | E,O |
Notes:
- 1 Units brought to market this year. In total, 6 units were brought to market and 6 remain below market.
- “E” designates enhanced properties; “F” designates furnished properties.
- Utility abbreviations: WS (water, sewer), E (electric), G (gas), O (oil), HP (heating plant), HVAC (heating, venting, and air conditioning system), A/C (window air conditioning), C (cable TV), V (voice and data) and T (trash).
| Board of Visitors minutes April 16, 2004 | |