Regents OK funding for new library
The budget approved Wednesday by the Board of Regents includes $26.6 million for the University’s Special Collections Libraries building, which will hold some of the library’s most prized documents and materials.
The governor and General Assembly have already approved $1.5 million to finalize design of the $45 million building.
The University has raised about $12 million in private contributions toward a goal of $15 million for the building.
About $7.5 million has been pledged for endowments to support programs in the new building, all contingent on actual construction.
- University News Service
