11-1. Properties (Housing)

Co-chairs

ASU Co-Chair – Jessica Henderson, Interim Director of Budget and Financial Analysis, Controller for Foundations
GASOU Co-Chair – Tina Adams, Director of Accounting, Housing/Athletic Foundation

Members

Armstrong State University

Jessica Henderson, Interim Director of Budget and Financial Analysis, Controller for Foundations

Georgia Southern University

Tina Adams, Director of Accounting, Housing & Athletic Foundation
Eddie Mills Assistant VP, Auxiliary Services
Jeff Blythe, Associate Director, Athletics
Mike Head, Director of Facilities, Housing & Auxiliary Services
Amy Ballagh, Assistant VP Student Affairs & Enrollment Management
Matthew Shingler Associate Director, Facilities

Tasks

Address Endowment Restrictions
Identify Cost/Funding Sources for Changes Foundation Must Make on PPVs
Consider Responsibility of 5 Year Facilities Condition Assessments
Consider Essentiality of Each PPV Project
Analyze of PPV Insurance Coverage to Insure Adequate Continuous Coverage
Consider Opportunities for Economy of Scale on PPV Projects
Consider Refinancing to Lower Cost to Students
Discern Any Change to Foundation Impact on Existing PPVs or Financing
Determine Enrollment Projections Impact on PPV Pro Formas
Send Notice to MSRB and Others as Required for PPVs
Coordinate with Rating and Lending Agencies
Understand What Real Property Foundations Own
Reconcile Replacement Reserves Accounts for PPV Capital Improvements Programs
Determine If 8038 Filings Need to Be Amended for PPVs
Understand How Debt Ratios Get Calculated (for PPVs projects)
Provide Required Notice on All PPVs to EMMA and Others
Make Changes to Existing Bonds/Warranties
Identify Restrictions on Real Property Deeds
Identify Any Reversionary Language in Property Deeds
Consider Moving PPV in Athletic Foundation (GASOU) to Properties Foundation

Last updated: 4/25/2017