 | Board of Visitors minutes April 23, 2003 |  |
6378
APPROVAL OF INCREASE IN FACULTY AND STAFF HOUSING
RATES FOR
2003-04
RESOLVED that the faculty and staff housing rates be approved as indicated, effective July 1, 2003. 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 |
2002-2003 Per Month |
Amount Increase |
Percent Increase |
2003-2004 Per Month |
Paid By Occupant |
| Piedmont Estates | ||||||
| 1 Bedroom Apt. (7)(F) | WS,E,G,C,T | $532 | $26 | 4.89% | $558 | |
| 2 Bedroom Apt. (16) | WS,E,G,C,T | $648 | $27 | 4.17% | $675 | |
| 3 Bedroom Houses (16)(E) | WS,C,T | $917 | $55 | 6.00% | $972 | G,E |
| 3BR Townhouses (5)(E) | WS,C,T | $917 | $55 | 6.00% | $972 | G,E |
| Farmhouse Apt 1 (1BR)(F)1 | WS,E,G,C,T,A,C | $579 | $35 | 6.04% | $614 | |
| Farmhouse Apt 2 (3BR) | WS,E,G,C,T | $498 | $36 | 6.02% | $634 | |
| Farmhouse Apt 3 (1 BR) | WS,E,G,C,T | $498 | $27 | 5.42% | $525 | |
| Farmhouse Apt 4 (2BR)(F)1 | WS,E,G,C,T,A,C | $654 | $40 | 6.12% | $694 | |
| Sundry | ||||||
| Vyssotsky Cottage (3BR) (E) | WS,T,A/C | $739 | $34 | 4.60% | $773 | E,G |
| McGuffey Cottage (Eff) | WS,E,V,T,A/C | $445 | $26 | 5.84% | $471 | |
| Upper Mews (1BR) (F) | WS,E,HP,C,T,A/C | $630 | $38 | 6.03% | $668 | |
| Lower Mews (1BR) (F) | WS,E,HP,C,T,A/C | $534 | $32 | 5.99% | $566 | |
| Monroe Hill Range (1BR)2 | WS,E,HVAC,T,V | $640 | $77 | 12.03% | $717 | |
| Brown College Apts. (2BR) | WS,E,HVAC,T,V | $572 | $48 | 8.39% | $620 | |
| Hereford Coll. Apts. (2BR) | WS,E,HVAC,T,V | $687 | $48 | 6.99% | $735 | |
| Hereford Coll. Principal Residence (3BR) |
WS,E,HVAC,V | $865 | $52 | 6.01% | $917 | |
| 102 Cresap Fac Apt. (1BR) (F) | WS,E,G,T,HVAC,V | $645 | $39 | 6.05% | $684 | |
| Hedge House (2BR) (F) | WS,C,T,A/C | $691 | $38 | 5.50% | $729 | E,G |
| Orchard House (5RMS) (F) | WS,E,G,C,T,A/C | $322 | $29 | 9.01% | $351 | |
| Carriage House (4BR) | WS,C,T | $640 | $56 | 8.75% | $696 | E,G |
| 118 Oakhurst, Upper (2BR) | WS,G,C | $606 | $32 | 5.28% | $638 | E,T |
| 118 Oakhurst, Lower (2BR) | WS,G,C | $606 | $32 | 5.28% | $638 | E,T |
| 409 Valley Rd, (2BR) (F)3 | WS,E,G,C,A/C | $856 | $50 | 5.84% | $906 | T |
| 411 Valley Rd, (2BR) (F) | WS,E,G,C,A/C | $856 | $50 | 5.84% | $906 | T |
| 503 Valley Rd, (1BR) | C | $476 | $33 | 6.93% | $50 | WS,E,G,T |
| 424 MLLH, (1BR) (F) | WS,E,G,C,HVAC,V | $615 | $33 | 5.37% | $648 | |
| 423 MLLH, (2BR) | WS,E,G,C,HVAC,V | $700 | $52 | 7.43% | $752 | |
6379
| Rents | Proposed Rents | Utilities | ||||
| Properties | Utilities Furnished |
2002-2003 Per Month |
Amount Increase |
Percent Increase |
2003-2004 Per Month |
Paid By Occupant |
| Birdwood Properties | ||||||
| Cottage (1BR) (R) | WS,C,T | $495 | $28 | 5.66% | $523 | E |
| Garage (2BR) | WS,C,T | $702 | $38 | 5.41% | $740 | E,G |
| Cash House (3BR) (E) 4 | WS,C,T,A/C | $900 | $50 | 5.56% | $950 | E,G |
| Middleton House (4BR) | WS,C,T,A/C | $1,059 | $64 | 6.04% | $1,123 | E,G |
| Faculty Apartments – Rugby Road | ||||||
| 1 Bedroom Apts. (6) (E) | WS,E,G,C,T | $467 | $0 | 0.0% | $467 | |
| 2 Bedroom Apts. (4) | WS,E,G,C,T | $570 | $0 | 0.0% | $570 | |
| Apt. 21, (Eff) | WS,E,G,C,T | $388 | $0 | 0.0% | $388 | |
| Apt. 22, (1BR) | WS,E,G,C,T | $448 | $0 | 0.0% | $488 | |
| Apt. 23, (Eff) | WS,E,G,C,T | $388 | $0 | 0.0% | $388 | |
| Apt. 24, (1BR) | WS,E,G,C,T | $448 | $0 | 0.0% | $448 | |
| 2 Bedroom Apts. (4) | WS,E,G,C,T | $507 | $0 | 0.0% | $507 | |
| E & G Properties | ||||||
| Montebello, (3 BR/Garage) | WS,E,G,A/C | $683 | $21 | 3.07% | $704 | C,T |
| Big Morea (4 BR) (F) | WS,E,G,A/C,T | $958 | $29 | 3.03% | $987 | C |
| Little Morea (2BR) (F) | WS,E,G,A/C,T | $736 | $23 | 3.13% | $759 | C |
| Sunnyside (4BR) | WS,E,O,A/C | $1,524 | $46 | 3.02% | $1,570 | C |
| Monroe Hill House (4BR) | WS,E,HVAC,T,V | $886 | $46 | 3.02% | $1,570 | C |
| Buckingham Palace (Eff) | WS,E,HP,A/C,T | $327 | $10 | 3.06% | $337 | C |
| Pavilion I (5BR) | WS,E,HVAC,T,V | $808 | $23 | 2.85% | $831 | C |
| Pavilion II (5BR) | WS,HP,T,V | $598 | $16 | 2.68% | $614 | C |
| Pavilion III (5BR) | WS,E,HVAC,T,V | $808 | $23 | 2.85% | $831 | C |
| Pavilion IV (5BR) | WS,HP,T,V | $598 | $16 | 2.68% | $614 | C |
| Pavilion V (5BR) | WS,E,HVAC,T,V | $808 | $23 | 2.85% | $831 | C |
| Pavilion VI (5BR) | WS,E,HVAC,T,V | $808 | $23 | 2.85% | $831 | C |
| Pavilion VIII Upper (3BR) | WS,E,HVAC,T,V | $520 | $14 | 2.69% | $534 | C |
| Pavilion VIII Lower (1BR) | WS,E,HVAC,T,V | $273 | $8 | 2.93% | $281 | C |
| Pavilion IX (5BR) | WS,E,HVAC,T,V | $808 | $23 | 2.85% | $831 | C |
| Pavilion X (5BR) | WS,E,HP,T,V | $598 | $16 | 2.68% | $614 | C |
| Blandy Farm | ||||||
| Curator's House | WS | $0 | $0 | 0.0% | $0 | E,O |
| Curator's House | WS | $65 | $0 | 0.0% | $65 | E,O |
Notes:
- 1The Provost Office took over the assignment of 121-1 and 121-4 Mimosa Dr. in 2002-2003; the rental rate increase coincided with the addition of furniture.
- 2Voice included in rental rate. In addition, major renovations were completed.
- 3Rental rate increase in 2002-2003 coincided with the addition of furniture.
- 4Rental rate brought to market in 2002-2003.
“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 removal).
| Board of Visitors minutes April 23, 2003 | |