October 21, 2003
Remodeling of front of W.S. Scott Auditorium step closer after Board action
Cowley's Board of Trustees approved a resolution Monday night, authorizing Ranson Financial Consultants of Wichita to begin the process of issuing certificates of participation to help finance the remodeling of the front of W.S. Scott Auditorium.
The COPs, in the amount of $750,000, would help pay for the estimated $1 million project, which includes expanded restrooms, concession stand, ticket booth, and Tiger Athletic Hall of Fame room on the south end of the building.
Once the COPs are sold around mid-December, and closed upon in early February, construction would begin once Cowley's basketball seasons have ended. The project is expected to be completed prior to the start of the 2004 volleyball season. About $250,000 in private funds has been raised for the project.
The resolution passed by Cowley's Board of Trustees at its regular monthly meeting included refinancing of some 1998 COPs. If a suitable bid is secured from an investment banking firm, the college could see a savings of about $75,000 on that portion of the package.
John Haas, representing Ranson, told Board members that interest rates have fluctuated in recent months. However, he presented best-guess estimates to the Board Monday night.
The W.S. Scott Auditorium project, plus a new classroom building estimated at $3.3 million, would give the college annual payments of $340,000 over a 14-year period. The classroom building, a 22,000 square-foot structure to be built on the southeast corner of Third Street and Washington Avenue, would include three computer classrooms, five general education classrooms, eight faculty offices, and a faculty resource center. A capital campaign for the building has raised $500,000. Certificates of participation for $2.8 million already have been approved for the project, which is scheduled to begin in spring 2004 and be completed in summer 2005, in time for fall 2005 classes.
The Board also approved another construction project that was included in this year's budget. The college's Recreation Building on West Washington Avenue will have a new interior and ceiling, a resurfaced floor, and new lighting and paint at an estimated cost of $92,000. The project will begin immediately and be finished during Christmas break.
In other matters, the Board:
- Approved the following personnel transactions: A letter of resignation from Becky Mangus, AmeriCorps director, effective Oct. 31; payment of overload contracts to 33 faculty members totaling $77,825; the employment of Clinton Marlow as network administrator on the main campus; Tom Houser as network administrator for the northern campuses; Anne Erhart as receptionist for the Southside Education Center; Jenifer Caroll as student services support clerk at the SSEC; and Renee Hysom as secretary to the northern campus directors.
- Saw Dr. Pat McAtee, president, present plaques to Sarah Pritchard as September Student of the Month and to Rachel Warren as October Student of the Month.
- Heard a report from McAtee on the Oct. 15 Council of Presidents meeting in Topeka. McAtee said the Board of Regents has decided to look at funding all higher education in Kansas. "My view is that they somehow have to expand the revenue, and one way to do that is to get more people in on the taxation statewide," McAtee said. "They also need to study how they can tighten the system."
- Heard reports from several Board members on their attendance at the Association of Community College Trustees annual convention Sept. 17-20 in Denver. Board members Mark Paton and Donna Avery said Cowley was ahead of other community colleges across the nation in a variety of areas. "I'm very proud of Cowley and what it stands for," Avery said.
- Board member Lee Gregg Jr. said he was impressed by Jacksonville Community College's online course offerings to military personnel.
- Viewed updated fall enrollment figures. As of Oct. 16, there were 3,104 full-time students, compared to 2,951 on the same date a year ago.
- Held an executive session to discuss non-elected personnel prior to the personnel transactions portion of the meeting.