|
WKU Regents OK Bond Issue August 08, 2003 authorized an $11 million bond issue to expand the existing parking structure. On Friday, the board approved a bond resolution for the sale of $11,125,000 in Consolidated Educational Revenue Buildings Revenue Bonds. In May, the board approved a student parking and transportation fee to repay the bonds. Three new members regent Forrest Roberts of Owensboro; student regent John Bradley of Paducah; staff regent Pat Jordan of Bowling Green -- took the oath of office at the Kentucky Building. The board also re-elected Lois Gray of Elizabethtown as chair and Cornelius Martin of Bowling Green as vice-chair. In other action, the board: *Approved naming the Colonnade as the W.L. "Gander" Terry Colonnade to honor a former football player and coach. Terry, a Marion native, was among the students who worked to convert a rock quarry into a football stadium, where the Colonnade was completed in 1927. *Approved $1,287,500 for submission to the Council on Postsecondary Education for matching funds from the Regional University Excellence Trust Fund. *Heard a report from the Office of Sponsored Programs on growth in research funding. In fiscal year 2003, Western received nearly $30 million, an increase of $11 million over 1999 awards.
|