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Iowa regents to consider $32 million ISU request
Associated Press
Jul. 30, 2010 1:56 pm
The Iowa Board of Regents will consider a $32 million request from Iowa State University next week.
Iowa State wants the money to complete a chemistry building, renovate a small-animal hospital and buy a virtual-reality system.
ISU is requesting $28 million in academic revenue bonds for the chemistry building and small-animal hospital. It's also seeking $3 million for the virtual-reality system, which simulates ground combat. The Air Force and Army will reimburse the regents for the system.
The University of Iowa will request $4.5 million to buy the Iowa City school district's former central administration building. The property would be used to help relocate businesses scheduled to be displaced by a new music school.