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POLICY ON LEADERSHIP IN ENERGY AND ENVIRONMENTAL DESIGN (LEED)CERTIFICATION FOR NEW BUILDINGS AND MAJOR RENOVATIONS
 
 
 
 
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7244

POLICY ON LEADERSHIP IN ENERGY AND ENVIRONMENTAL DESIGN (LEED)CERTIFICATION FOR NEW BUILDINGS AND MAJOR RENOVATIONS

(approved by Buildings and Grounds Committee on December 11, 2006, forwarded to and approved by the Finance Committee on January 22, 2007)

WHEREAS, the University has demonstrated leadership in certain environmental areas including energy and water conservation, storm water management, recycling, and public transportation; and

WHEREAS the Buildings and Grounds Committee recommends the following policy to the Finance Committee;

RESOLVED that all major new and renovation building projects that come before the Building and Grounds and Finance Committees of the Board of Visitors after January 1, 2007, shall be designed and constructed consistent with the performance standards of the U.S. Green Building Council LEED rating system and shall achieve, unless circumstances apply and the Buildings and Grounds and Finance Committees approve an exception to this policy, a minimum of a LEED Certified rating upon completion; and

RESOLVED FURTHER that the budgets for such projects will include the 1.5 percent of the construction costs as a reserve to cover the increased costs related to LEED certification, and will carry the expectation of payback in five to ten years.