You are on page 1of 2

University of Florida students top priority is the Reitz Union and Newell Hall renovations.

These facilities will create more space for them to engage, collaborate and learn. CITF Bonding for $33.3M is requested to support these projects.

Newell Hall Renovation - $13.3M

Built in 1909, Newell Hall is the 3rd oldest building on campus. It was renovated into a research facility for IFAS in the 40s and no longer meets todays building codes and standards for research facilities. Due to deferred maintenance issues, the building has been closed since 2012. Return on Investment (ROI): New central HVAC system New roof, windows, elevator Electrical upgrades Repair of masonry ADA compliance

#2

Studen Priority t

Newell Hall will be renovated to create an environment for study and gathering for both undergraduate and graduate students. The facility will provide a 24/7 secured, hi-technology environment which will include student study rooms/ space, food vending services, library staff office for student services, and outdoor study courtyard with wireless access.

University of Florida students top priority is the Reitz Union and Newell Hall renovations. These facilities will create more space for them to engage, collaborate and learn. CITF Bonding for $33.3M is requested to support these projects.
nt Stude y it r io Pr

Reitz Union Renovation - $20M


This student facility opened in 1967 with 267,000 sq. feet to support 19,000 students. Today, UF serves more than 50,000 students. The project has been seven years in the making, with students campaigning for additional space and renovations to the existing structure in order to support academic and cultural education. Return on Investment (ROI): Renovation of 50,000 sq. ft of outdated space Mechanical, electrical, plumbing and window improvements New central HVAC system Creating a more energy efficient building through use of Energy Services Company contractor (ESCO) Energy savings will offset operating expenses in new addition and will assist in paying the investment of installing new energy systems Revenue Bonds: Florida Statute 1010.62 specifically identifies Capital Improvement Trust Fund (CITF) fees as lawful sources of funding for issuing revenue bonds Bond funding for CITF does note create a new fee nor does it increase the fee that is currently paid by all UF students

#1

You might also like