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IHE MBOCMI OHIVBtSriy IN CMBD BOMS) GF TMJtnW« Novean±er, 1991 Facilities OonnttLttee Renovaticai of Falaki Hostel Decision Paper Because of serious space pn±)leanjs during the current academic year, the former Falaki Hostel is being used teaiporarily for faculty offices and classroora space. Decisions will be made during early November conoeming long range ooctpancy. However, because of the nature and layout of the building, it will of necessity be used primarily for offices and small clctssrooms. C3ertain renovations can be made during the winter and spring months, with most of the heavy work ta)cing place during the sunmer of 1992. Based an present assumptions, it is estimated that the cost of renovations will be approximately $900,000, including permits, fees, construction, furniture, and a 15% contingency. An application has beai made to AID/cisha for a grant to cover the costs of renovaticn. If that request is denied, raxjvations will have to be financed from University reserves. In 1984, the Finance Committee afproved a transfer of $200,000 into a fund for the air ccnditicning of the Falaki Hostel. That money is still available. Therefore, an additional $700,000 should be ^^iropriated from plant fund reserves if the AID/asha grant is not forthcoming, ^jproval of the Board of Trustees is required. RESOLUTION; The Board of Trustees of the American University in Cairo approves the transfer of $700,000 from plant fund reserves to a new project account within unexpmded plant funds for the raiovation of the Falaki Hostel building, and the reallocation to that account of $200,000 previously set aside for the air conditioning of the building