WHEREAS, the Board of Trustees recognize their fiduciary responsibility to ensure that the University’s budget strikes a balance between actual resources and commitments; and

WHEREAS, the Board of Trustees at Winthrop University examined the projects brought forth by management to be funded with the FY2023 State Capital Allocation based on the recommendations provided by the Facilities and Strategic Committee & the Finance Committee of upcoming projects; and

WHEREAS, the members of the Board recognize that projects may change based on actual project costs and/or emergency projects that arise; and 

WHEREAS, University leadership will provide quarterly updates to the project list and status report to the Board of Trustees; and

THEREFORE, BE IT RESOLVED that the projects on the $6,000,000 list funded by the State Capital Allocation, as presented, are approved by the Board of Trustees.

APPROVED, this the 28th day of April 2023.