Thursday, January 12, 2012

Regents green-light UVU bond sale for student life center

The state Board of Regents on Wednesday authorized Utah Valley University to sell up to $59 million in bonds to finance its proposed Student Life and Wellness Building and a 534-stall parking structure.The UVU bond sale is intended to address a crushing lack of student space at the fast-growing Orem school, according to Val Peterson, UVU vice president for finance and administration. The 170,000-square-foot life and wellness building, which would cost $40 million, will help keep UVU students on campus when they are not in class and promote their extracurricular involvement in school.  Salt Lake Tribune