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UM system to request $190 million in bonds

Wednesday, December 24, 2003 | 12:00 a.m. CST; updated 11:09 p.m. CDT, Thursday, July 17, 2008

JEFFERSON CITY — The University of Missouri system plans to ask lawmakers next year to approve $190 million in bonds to build or renovate buildings at the system’s four campuses.

The bond issue would help fund $75 million for construction of a new health science research center at MU; $52 million for construction of a health sciences building at the University of Missouri-Kansas City; $24 million in renovations to the Benton Stadler science complex at the University of Missouri-St. Louis; $20.9 million in renovations at an engineering building at Columbia; and $18.6 million for renovations to a mechanical engineering building at Rolla.

The bonds would not cover the entire $308 million cost of the projects. The university would raise the balance through federal and private funds.

The new buildings would help Missouri meet the demands of the future by producing a highly skilled workforce qualified for high-paying jobs, the plan said.

House and Senate leadership on Tuesday afternoon said they’d hold news conferences around the state on Monday, with university officials present, to discuss the life sciences research legislation.


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