“When you’re this close to an area that’s been struck this many times, you have to consider yourself to be vulnerable,” Boren remembered England said.
The legislature has a period of 45 calendar days from the date the information is communicated to put together and pass a concurrent resolution disapproving the proposed $38 million issuance. If the resolution does not receive a majority of votes by the 45th day, the proposed issuance will be approved by the legislature.
Boren said he had the opportunity to talk to some legislatures and they saw no problem with its approval.
The storm shelters would account for $12 million of the proposed $38 million. The rest would be allocated to the following areas:
· Gittinger Hall renovation and improvements, $5 million
· Kaufman Hall renovations and improvements, $5 million
· Campus streets and drives, $4 million
· Library storage facility, $4 million
· Utility system capital projects, $3.5 million
· Real property acquisitions, $1.5 million
· Technology infrastructure, $3 million
The next regular meeting of the OU Board of Regents is scheduled for May 8 and 9 in Norman.
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