What else should I know?
The Student Facilities Advisory Committee (SFAC), including students and staff from both UW Bothell and Cascadia are worked with LMN Architects to develop the design for the building. SFACC is advisory to the campus administrative leaders who reviewed and recommended the project for final approval and financing by the UW Regents and Cascadia Board of Trustees.
The Sports and Recreation Complex was funded entirely by UW Bothell students and administration. Cascadia students can utilize the sports and recreation complex by paying a quarterly fee through UW Bothell. Both UW Bothell and Cascadia students will have full access to the Student Activity Center common areas including lounge areas, food services, game area, and fitness center; office areas would be dedicated to either UW Bothell or Cascadia in proportion to the investment from each institution.
A site specific environmental review has been completed as part of the permitting process for the project; The site is completely outside of the wetlands and wetlands buffer and will be designed and built with a focus on sustainable design features, such as natural ventilation and sustainable building materials.
The fee for Cascadia and UW Bothell students is $100 per quarter per full-time student. UW Bothell students pay a new Student Activity Center fee at $147 per quarter, before the offsetting contributions from Cascadia are included. Cascadia students have already approved a fee of $100/quarter ($300/year) which will generate a minimum of $570,000 per year that will be paid to UW Bothell students to help fund the project. More precise information will be available as we continue to develop the details of the financing agreements.
The Student Activity Center is financed using the University of Washington’s Internal Lending Program (ILP), which is used to fund capital construction projects on the UW’s three campuses. The loan from the ILP will be paid back over 30 years from the UW Bothell ARC fee. CCC will enter into a long term agreement to pay an annual access fee to utilize the facility.
The required loan payment will be set as part of the loan agreement for the project financing. If surplus revenues are generated by the fee due to enrollment growth the students may consider using some of the excess funds to reduce the fee amount, put a “down payment” on Phase 2, or use the excess funds for other needs.