University of Colorado Student Union

Legislative Council

 

January 27, 2004                                                        62LCR#2 UMC Food Services Expansion

  

Sponsored by:                        Joseph Neguse                                   Tri-executive

                                                Veronica Crespin                               Tri-executive

                                                Garrett Stanton                                  Tri-Executive

                                                Jason Reid                                         Representative At Large

Eugene Pearson                                 Representative, Second Vice President

Authored by:                          Matthew G. Campagnoli                   UCSU Finance Director

                                                Joseph Neguse                                   Tri-executive

 

A RESOLUTION

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RESOLUTION HISTORY

In the summer of 2004 the UCSU Tri-Executives initiated a financial study of UMC Food Services. UCSU Finance Director Matthew Campagnoli carried out this study with the help of Internal Auditing and the UMC Administration, as well as the UMC Food Services Financial Review Committee.  The purpose of the committee was to evaluate and review the financial conditions of UMC Food Services and to provide a greater scope of transparency to UCSU Executive and Legislative branches.  Upon the completion of the financial review, the committee came to the conclusion that the financial structure of UMC Food Services was in sound condition given the inherent constraints placed upon their operation. Having come to this conclusion, the committee also believed that the physical infrastructure of the Alfred Packer Grill was in need of renovation. 

 

In order to fund a renovation of this size, UCSU must explore different revenue sources that would provide sufficient funding for the project, for instance issuing a revenue bond.  In 1986, the UMC issued a bond to renovate UMC Food Services.  After eleven years, in 1997, this bond was reissued at a lower interest rate, and these principle and interest payments of the 1997 series bond will be retired by the end of this fiscal year (2004-2005).

 

Before a renovation of this size and scope is initiated, a feasibility study, program plan and marketing survey must be completed.  These three segments of information will provide the first steps of finalizing the initial outline for the renovation of UMC Food Services.  Furthermore, these studies must be outsourced and will require funding from the SOR account.

RESOLUTION SUMMARY

WHEREAS: The University Memorial Center Food Services has not been renovated in twenty years since the initial issuance of the UMC Food Services Bond in 1986; and

 

WHEREAS: UCSU has engaged in a financial study regarding UMC Food Services to determine the viability of UMC Food Services Operations and transparency within their budgeting; and 

 

WHEREAS:   The Financial study has resulted in numerous findings, including:

Abundance of deferred maintenance and necessity for completion of said maintenance

Necessity for re-development of UMC Food Services, particularly the Alfred Packer Grill, in an effort to better serve the student body and increase generated revenue

Necessity to address quality of price and services within UMC Food Services Operations

Necessity to examine role of West Dining Area, including food and retail services

 

WHEREAS:   UCSU, in the interest of the student body, is dedicated to ensuring quality food services in the University Memorial Center at affordable prices.

THEREFORE BE IT RESOLVED by the Legislative Council of the University of Colorado Student Union, THAT,

 

SECTION 1: The University of Colorado Student Union supports the University Memorial Center Board in its exploration and research of possible expansion and redevelopment of UMC Food Services, including the Alfred Packer Grill, services in the West Dining Area, and UMC Food Service satellite operations.

SECTION 2: The University of Colorado Student Union recommends that the UMC Board and UCSU Food Services Committee pursue funds from Finance Board to finance a market study and survey, feasibility study, and program plan.

SECTION 3: The University of Colorado Student Union recommends that the UMC Board and UCSU Food Services Committee come forward to Legislative Council upon completion of these items to report on their findings and recommendations for further action.

SECTION 4:  The University of Colorado Student Union recommends that the University Memorial Center Board and the University of Colorado Student Union committee utilize student involvement to the highest degree possible through internships, collaboration with academic departments, or through any and all mechanisms which can be employed to increase student participation and enrichment by this research process. 

SECTION 5:  The University of Colorado Student Union recommends that the University Memorial Center Board and the University of Colorado Student Union committee incorporate, as one of the criteria for investigation, pursuing certification of the renovated area at the US Green Building Council’s LEED Platinum rating with a minimum requisite of LEED Gold pursuant to 61LCB#5 Green Building Standard. 

SECTION 6:  This resolution takes effect upon passage by Legislative Council and upon obtaining the signatures of the Council President and Tri-Executives.

1-27-05                                               Passed            as Amended                                                   9-5-0

2-3-05                                                  Passed                                                                                    9-7-1

                                                                                                                                                           

 

 

 

                                                                                                                                                           

Naomi Lopez, Legislative Council President                  Joseph Neguse, UCSU Tri-Executive

 

                                                                                                                                                           

Veronica Crespin, UCSU Tri-Executive                        Garrett Stanton, Tri-Executive