Regents to discuss $40M deal for UAF engineering building

    The University of Alaska Board of Regents is set to decide next steps for the partially completed engineering building at the Fairbanks campus.

    FAIRBANKS, Alaska (AP) — The University of Alaska Board of Regents is set to decide next steps for the partially completed engineering building at the Fairbanks campus.

    The Fairbanks Daily News-Miner reports that the board will hold a special meeting Monday to vote on $37.5 million in bonds that will allow the building to be completed. President Jim Johnsen had approved the meeting earlier this month, saying the building is "an opportunity waiting for investment."

    The project had started after the Alaska Legislature approved funding for it as well as an engineering building for the Anchorage campus in 2012. But progress on the UAF project has stalled in recent years amid the state's multi-billion dollar budget deficit.

    The University of Alaska Anchorage engineering building opened for classes last fall.

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