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ESTABLISHING THE GROUNDS IMPROVEMENT FUND
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7249

ESTABLISHING THE GROUNDS IMPROVEMENT FUND

(approved by the Finance Committee on January 22, 2007)

WHEREAS, the University landscape provides the connective tissue that links individual schools and buildings, and provides opportunities for circulation, community gatherings, events and recreation; and

WHEREAS, the quality of the outdoor environment reflects the overall vitality of the institution; and

WHEREAS, public spaces, both internal and external to buildings, can be enhanced by the installation of works of art suitable to the settings;

RESOLVED, the Grounds Improvement Fund is established to ensure that the infrastructure system of the University will be developed as necessary to improve its appearance, functionality, and safety, as well as to promote conservation in land use and resources utilization, and to fund the installation of appropriate works of public art;

RESOLVED FURTHER that all major new building construction, renovation projects in excess of $2 million, and utilities infrastructure projects greater than $1 million planned and executed after January 1, 2007, shall include 1.5 percent of construction costs to be transferred to the Grounds Improvement Fund. These monies are to be allocated to specific projects as approved by the President.