The Colorado University is planning to spend around $1.5 million for demolishing its College Inn building. The building contains asbestos in several areas.
The planned tearing down project has been included in a report. The Boulder Campus Planning Commission will review the quarterly report. Since the expense for the project is less than $2 million, it doesn’t require approval from Colorado University’s Regents Board.
The University’s Health and Safety department audited the building in 2008. They discovered asbestos in large amounts in several areas. Eliminating the cancer-causing substance will cost around $750,000, according to the estimate of University’s department of Facilities Management.
The building is vacant now. The demolition has been scheduled for 2013 summer.