Rock Valley College Board of Trustees met Oct. 17.
Here is the agenda provided by the board:
Presentation Summary – RVC Downtown Update
A. Facilities Renovation and Maintenance History – Vice President of Operations
Rick Jenks
1. History of RVC’s downtown campus commitments.
2. New downtown cost estimate.
3. Savings from leaving buildings.
4. Capital and project expenses past, present, and future.
5. Top priorities of Facilities Master Plan (FMP).
6. Construction cost increases for Classroom Building II, Performing Arts Venue, and downtown.
7. Moving forward. Stenstrom Center sold. Downtown lease ending.
B. Data Trends and Enrollment Projections – Vice President of Institutional Effectiveness and Communications Heather Snider
1. Outcomes of past investments.
2. Labor market demand for downtown programs.
3. Enrollment trends and projections.
4. Community need for RVC presence downtown.
C. Career and Technical Education (CTE) Programs – Vice President of Industry Partnerships and Community Engagement Dr. Hansen Stewart
1. Autobody, Collision Repair trends.
2. Automotive Service, Electric Vehicle, and Diesel Repair trends.
D. Liberal Arts and Adult Education Programs – Vice President of Liberal Arts and Adult Education Dr. Amanda Smith
1. Liberal Arts and Sciences (LAS) programs downtown and their benefits for the community.
2. Community services.
3. Community space to bring in a community sense of belonging.
E. Debt Service Update and Ten-Year Forecast – Vice President of Finance Ellen Olson
1. Current bonding status.
2. Potential options for financing.
3. Potential external funding sources. Rep. West funding demo, other sources will be explored.
4. 10-year forecast assumptions.
https://www.rockvalleycollege.edu/_resources/files/board/2023-2024/2023-10-17-Special%20Meeting-Packet.pdf
