Tuesday, June 26, 2012

CMU to raise $60 million for bio-sciences building to receive $30 million in state capital outlay


Central Michigan University officials will meet this summer to determine a fundraising plan for the bio-sciences building. On Monday, Gov. Rick Snyder signed into law legislation that grants $300 million to Michigan universities and community colleges, including $30 million to CMU for the bio-sciences building. "We're very pleased. We're very excited to be able to initiate the work we need to do now. It will take some time," said Kathleen Wilbur, vice president of Government Relations and Public Affairs. The $30 million funding is the maximum amount the legislature will award higher education institutions. CMU must raise and spend about $60 million before the state grants the university the funding for the $89.5 million bio-sciences building.


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