EMU Regents approve use and financing statement for Mark Jefferson Science Complex
YPSILANTI — Eastern Michigan University’s Board of Regents approved the use and financing statement for the new Mark Jefferson Science Complex.
The estimated cost of the entire project is $100 million. The plan encompasses $26.7 million for renovation of the 180,802 square foot building and $73.3 million for 151,000 square feet of new construction.
The project will be funded primarily through the sale of bonds. The majority of the repayment of the bonds will be funded from the 4 percent tuition and fee increase approved by the Board for this purpose in fall 2005.
“The scope of this project will rehabilitate Mark Jefferson’s infrastructure and add a mix of laboratory and classroom spaces to support general education/basic studies curriculum, undergraduate and graduate programming, and faculty research,” said Janice M. Stroh, vice president of business and finance at EMU. “With these improvements, EMU will be able to expand its curriculum to meet the needs of today’s scientific educators and to be competitive among universities of comparable size and instructional mission.”
The project will consist of two phases. Phase 1 will include a new addition to the building that will provide biology, chemistry and psychology departments with new laboratories and research space. Renovations to the current building will be Phase 2. The scope of the second phase will focus on infrastructure needs such as mechanical and electrical systems, structural improvements and a new roof.
The University next submits the statement to the Joint Capital Outlay Subcommittee for approval. Any non-state funded project costing in excess of $3 million is required to be submitted to the state for approval.
Eastern Michigan University is a public, comprehensive university that offers programs in the arts, sciences and professions. EMU prepares students with the intellectual skills and practical experiences to succeed in their career and lives, and to be better citizens.
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