date: Thu, 10 May 2001 15:04:08 +0100 from: Trevor Davies subject: Re: Funding of new buildings to: r.k.turner@uea,n.pidgeon@uea,m.hulme@uea CONFIDENTIAL You might like to start marshalling your arguments - as the 3 prime residents of ICER - concerning this additional tax on programmes/centres funded by Research Councils/Leverhulme. Please DO NOT exercise these arguments in public - I hope this is just the other Groups chancing their arms, but I need to be fully-armed. Trevor Date: Thu, 10 May 2001 14:48:06 +0100 >To: Christine Cook >From: Trevor Davies >Subject: Re: Funding of new buildings >Cc: f.woodhams@uea, a.grant@uea >In-Reply-To: <3.0.6.32.20010510140956.00998470@pop.uea.ac.uk> > >Brian, > >No, I am not aware of this. I did not know that - should we not be successful in fund-raising - we would be expected to pay back the shortfall & 50% of the the costs of a loan. I am not suggesting that this is not a reasonable scheme/incentive, but - surely - this cannot be imposed, retrospectively, out of the blue. ET may have discussed it at great length, but those discussions did not include ENV, & appear to have taken place "after the event". As far as I am aware - unless you can point out when other communication took place - we agreed to do our damndest to raise the shortfall without any indication of a penalty for failure - the original "penalty" of not enjoying future "selective investment" appearing to have been sunk without trace. You will recall lengthy correspondence between me & ET on this matter, which also included my speculation on some of the reasons why we could not persuade JIF to give us more. > >I shall be grateful if you will explain the significance of "not including the MED School". > > >Trevor > >At 14:09 10/05/01 +0100, you wrote: >>On behalf of the Registrar and Secretary >> >>As I know most of you are aware, the Executive Team considers that, at >>least for the current round of new buildings, (not including the MED >>School), any gap funding required from the University should be in the form >>of a loan through one vehicle or another, and the debt charges should be >>shared 50/50 between the users of the space and the University's Selective >>Research Investment Fund. This proposition is going to PRC on Monday. The >>thinking behind this is that it will encourage rigorous rivew of the >>business case for new building and efficiency of procurement, whilst >>providing a contribution from the University as a whole as an encouragement >>to sensible growth. >> >>We are assuming that, once we have crawled over the plan for the BRC, the >>income which the building itself generates will be sufficient to cover debt >>charges of the order of £175,000 p.a. The ICER gap funding is a top >>priority for fund-raising but there might be a gap at the end of the day. >>If this was, say, £1m this would be a call on ENV's annual budget of around >>£43,000. >> >>This matter has been discussed at great length by the Executive Team before >>reaching this conclusion. It appears to me to be a reasonable way forward >>and hopefully, after we have looked at the detail, it will be viable for >>all concerned. However, if you do have any pressing concerns no doubt you >>will consult with me and the relevant PVC. >> >>Brian >> >> >>---------------------------------------------------------------------------- >>------------------------ >>Mrs Christine Cook >>Assistant to the Registrar and Secretary >>University of East Anglia >>NORWICH >>NR4 7TJ >>England >>Tel: [+44] 1603 592771 >>Fax: [+44] 1603 507753 >>Email: c.cook@uea.ac.uk >> ++++++++++++++++++++++++++ Professor Trevor D. Davies Dean, School of Environmental Sciences University of East Anglia Norwich NR4 7TJ United Kingdom Tel. +44 1603 592836 Fax. +44 1603 507719 ++++++++++++++++++++++++++