West Virginia University and its regional campuses will receive $57.4 million from the sale of bonds approved Monday (Aug. 30) by the state Higher Education Policy Commission.
This will enable the University, in particular the main campus, to proceed with some major improvement and renovation projects,said Gary Rogers, WVU vice president for finance, administration and human resources.
Among the WVU projects to be financed by the system-wide $172 million bond sale include: $25 million for renovation of Brooks Hall; $12.5 million for infrastructure improvements on the downtown campus; $5.5 million for faade work on the Engineering Sciences building; and $4 million for Allen/Percival Hall improvements.
The bond program will be funded by appropriations from excess lottery proceeds, Rogers said.
The WVU Board of Governors will be asked to approve the projects at its next meeting (Sept. 10).