Daily News

Board approves compensation package, Mactron plan of action and financing for new student residence

A compensation package for members of the management group, a course of action to resolve concerns about Mactron, and the location of and financing for a new student residence were among the items approved by the Board of Governors at its meeting on Thursday, June 15. The Board also approved the 2000-01 operating budget recommended by the Budget Committee and a request from University Advancement for post-campaign financing. Following is a brief summary of each item approved by the Board. Additional details for some items will follow in future postings on the Daily News.

Campus construction projects, 2000-2003

The McMaster campus will be a beehive of construction and renovation activity over the next few years as the University embarks on the most extensive capital improvements work carried out in the last 10 years. Virtually every major building on campus will be affected by the projects, which are being funded through a variety of government programs, such as SuperBuild, the Canada Foundation for Innovation, the Access to Opportunities Program, private donors and the University. The following project summaries provide a brief overview of the construction projects that will transform the face of the University campus over the next few years as McMaster gears up for a projected increase in enrolment in 2003.