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the shell of the facility. The center will request additional federal funds for the fit out of the facility. On behalf of the Finance Committee, Mr. Branscum recommended approval of FCR 6. Ms. Patterson seconded the motion, and it carried without dissent. (See FCR 6 at the end of the Minutes.)
O.      Digital Village Building #2 (FCR 7)
Mr. Branscum said that FCR 7 recommends approval of the construction of the Digital Village Building #2; acceptance of a pledge of $6 million from The Marksbury Family Foundation and a gift of $328,125 from James F. McDonald to support the construction; authorization for the president to submit the Marksbury pledge, the McDonald gift, and the previously accepted pledge of $2 million from Trustee James F. Hardymon and other non-state General Funds, if necessary, for match from the Research Capital Match Program when those funds become available; and approval of the use of lease/purchase financing, if necessary, to fund the cash flow of the project.
Mr. Branscum mentioned the press conference held on Monday to announce Digital Village Building #2, which is the second of four buildings in the Digital Village, the Hardymon Building being #1. Building #2 will be a 43,000 gross square foot facility housing the research activities of the Center for Visualization and Virtual Environments and selected research activities in the Departments of Computer Science, Electrical Engineering, and Computer Engineering. This facility is estimated to cost $20 million, the legislatively authorized scope. On behalf of the Finance Committee, Mr. Branscum moved approval of FCR 7. Dr. Sachatello seconded the motion, and it carried without dissent. (See FCR 7 at the end of the Minutes.)
P.      Renovate Wildcat Lodge (FCR 8)
Mr. Branscum said that FCR 8 recommends approval to initiate the renovation of the Wildcat Lodge capital project. The Wildcat Lodge is a 20,000 square foot campus residential facility which houses the men's basketball players and other UK students. The facility, which has been in service since 1978, is in need of general refurbishment of the interior finishes, interior lighting improvements in the common areas, and replacement of several non-functional exterior glass doors. This project is estimated to cost approximately $1.5 million and will be funded with private gifts. The furnishings will be comparable to the new dorms. On behalf of the Finance Committee, he recommended approval of FCR 8.
Ms. Ball noted that the Athletic Association Board of Directors approved this recommendation to go forward to the Board of Trustees at its meeting on Monday. She said that she wanted to make sure everybody understood that this project would be funded from private gifts collected by Athletics.
Mr. Shoop said that the Athletic Association Board had a very detailed presentation about the project and noted that this renovation is very much needed.
Mr. Montell seconded Mr. Branscum's motion, and it carried without dissent. (See FCR 8 at the end of the Minutes.)