The university is racing against the clock to submit a grant application for state money.
NEW BRUNSWICK -- Rutgers University will hold a special board meeting on Thursday to beat the clock on a deadline for asking the state for $98.5 million, according to a school official.
The university will ask its Board of Governors to approve eight building renovation projects from its long-term master plan, said Antonio Calcado, Rutgers' senior vice president for institutional planning and operations.
Rutgers will then submit an application due on Friday for state grant money, he said.
Approval from the board would be contingent on Rutgers receiving the grant, Calcado said. Otherwise, Rutgers doesn't have funding allocated for the projects.
"We are not able to move on them because we don't have funds to do it," Calcado said.
Rutgers had to act quickly after New Jersey announced in November it will put up $180 million in its latest round of grants for higher education building projects.
The state in 2013 approved more than $1.3 billion in grants to New Jersey colleges to upgrade their buildings, classroom and laboratories. Those grants came after voters authorized borrowing $750 million to upgrade the state's college facilities.
Rutgers is hoping to secure funding for projects on all three campuses, including $35 million to renovate it administrative services building on the Busch campus in Piscataway.
Other buildings that would be renovated include:
John Cotton Dana Library (Rutgers-Newark)
Olson Hall (Rutgers-Newark)
Writers House (Rutgers-Camden)
Artis Building (Rutgers-Camden)
Hickman Hall (Douglass campus, Rutgers-New Brunswick)
Clinical Academic Building (Rutgers-New Brunswick)
Research Tower (Piscataway campus, Rutgers-New Brunswick)
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