The package would boost borrowing for capital projects, launch a seven-year UConn building initiative and combat poverty and homelessness.
ctmirror.org
State government has been launching major multi-year capital programs for the university since 1995, but for the first time, legislators added a new feature: setting specific fundraising goals for the state’s flagship university.
To remain eligible for the full $625 million, the university’s fundraising efforts must secure at least $100 million in philanthropic commitments over the next eight years.
UConn President Radenka Maric outlined several pressing capital needs to legislators in late March. Most of the new investments would support science, technology, engineering and mathematics programs, including construction of a new science facility and renovations to the Gant Science complex on the main campus in Storrs.
UConn officials also want to launch a $100 million renovation to Gampel Pavilion. The home to the university’s men’s and women’s basketball teams was constructed in 1990.