Awaiting approval from Kentucky Council on Postsecondary Education
RICHMOND, Ky. (March 23, 2015) — The Eastern Kentucky University Board of Regents, meeting in special session on Friday, unanimously approved a student fee that will fund two cornerstone features of a proposed Center for Student Life.
EKU’s Student Senate had earlier given its overwhelming approval to a $150-per-semester student fee, which will go into effect this fall and remain in place for the next 20 years, to fund a much larger recreation center and renovated student union. Funds for the fee will be used to serve the agency bond debt incurred by the university for the purpose of improving, renovating and/or constructing student-centric facilities.
The proposed CSL also encompasses other facilities to be built or renovated in the heart of the Richmond campus as well as new landscaping features.
Pending approval by the Kentucky Council on Postsecondary Education (CPE) at its next meeting, April 16-17, initial design work and project cost estimates for the CSL are expected to be completed by October. EKU officials anticipate the final agency bond amount will be submitted to the CPE and Finance Cabinet this December for inclusion in the 2016 budget request and will then seek General Assembly approval next year to begin the project.