The Legislature's Executive Board on Thursday gave its OK to a University of Nebraska revenue bond request that will help pay for renovations of the East Campus Union.
The project costs for improvements at the 40-year-old student union are $26.6 million, and the 30-year bonds would pay for $15.5 million of that. The bonds would not result in an increase in student fees. The renovation also would be paid for with bond surplus funds, an already established student fee of $38 per year per student and a contribution by athletes.
The union provides a gathering place for students and dining operations for students living in East Campus housing, and is a practice site for the Husker bowling team. Up to about 1,700 people are in the building each week day.
Charles Francis, director of the University of Nebraska unions, told the Executive Board the renovation will update many aspects of the building, including making it more amenable to people with disabilities; updating mechanical, electrical and plumbing; moving the dining center to the first floor and improving the bowling area.
Construction would begin in July, with completion in August of 2020.
The board gave unanimous approval for the revenue bonds.