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Committee approves $70 million UNH residence-hall capital projects
Summary
The Capital Budget and Capital Project Overview Committee approved $70 million in bonding authority for two University of New Hampshire residence-hall renovation projects, with university officials saying the work will address aging 1970-era systems and take roughly four years to complete.
The Capital Budget and Capital Project Overview Committee voted to approve capital projects from the University System of New Hampshire that the system described as two major residence-hall renovation projects totaling $70,000,000.
Catherine Provencher, chancellor of the state university system, told the committee that the system may issue debt only for self-supporting projects and that such debt is issued through the Health and Education Facilities Authority. “The state is not at all liable, even…
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