LUBBOCK, TX (KCBD) - The Texas Tech Board of Regents met Thursday morning to approve various agenda items during its normally scheduled meeting.
The agenda items approved Thursday will go to a final vote during another board of regents meeting on Friday.
One of the main items voted on was to approve the concept an initial budget for the proposed School of Veterinary Medicine, that -- if approved -- will be built in Amarillo as a part of the Texas Tech University Health Sciences Center.
Tech has set aside a west-facing corner of the Amarillo campus off Research Drive and Evans Street for the school. There will also be an off-site large animal facility off Loop 335.
The item voted on Thursday was to approve the project concept and to set out an initial budget for the proposed facility, Billy Breedlove, newly named vice chancellor for Facilities, Planning & Construction, said. The regents approved the motion, which allows the Tech System to set up a schematic design, project schedule and a statement of probable cost.
The facility is expected to serve around 240 students and 90 academic staff members. The approved budget for planning and design services was set at $1.37 million. The anticipated budget for the entire project could cost nearly $90 million.
Another item approved by the board was the budget approval for the renovation of Weeks Hall on the Tech flagship campus, located off of University Avenue and Broadway. The approval was for abatement and renovation of the three-story building with a budget of around $3.6 million.
The total budget for that project is anticipated to cost about $24.8 million. The hall, which has been boarded up for several years, will house parts of various departments and students, faculty and staff services.
The board also approved a preliminary budget of nearly $600,000 for a new athletic dining facility that will sit west of the Frazier Alumni Pavilion, located off Drive of Champions and Red Raider Avenue. That budget includes gift cash and athletic revenue, according to the FP&C presentation notes.
The 9,000-square-foot facility will seat approximately 220 student athletes and serve around 400 in total, Breedlove said. The number variance is because not all of the students-athletes will use the dining facility at one time.
Currently, Tech's student athletes use the Frazier Pavilion for meals. The new facility will have various dining areas, operational offices and an educational kitchen to help student-athletes learn to cook.
Overall the project is anticipated to cost around $5.5 million.
The board also went into details about the proposed budget for 2019.
Because of an increase in tuition and enrollment, the system operating budget is set at around $2.1 billion, Chelle Hillis, assistant chief financial officer for the Tech System, said. The board was able to approve the budget proposal.
A few more details about from the meeting can be found here: