Delta Kappa Epsilon - Wesleyan University

Gamma Phi Chapter of Delta Kappa Epsilon Fraternity OUR NEEDS AND OPPORTUNITIES U ntil Gamma Phi is reinstated as approved program housing, we must endow the house to cover basic operating and maintenance costs. Without revenue generating rent from undergraduate brothers due to the abrupt denial of program housing status, the house has no income and little savings. This investment will allow the house to resume operations as a financially self-sustaining venture. We must also commit to maintain the house to attract quality brothers and to also meet the cohabitation mandate. In order to accomplish this, the Kent Literary Club and undergraduate leadership have developed a tactical and strategic approach for our future. Our plan will address not only the short-term needs, but the long-term viability of Gamma Phi at Wesleyan. PROJECT HIGHLIGHTS • Renovate the kitchen to renew the DKE eating club • Update existing bathrooms and hallways to create separate living quarters for men and women • Renovate and refurbish all bedrooms • Replace and rewire for additional lighting to enhance study spaces • Build an endowment to secure Gamma Phi's financial independence and provide funding for the capital maintenance to protect and preserve the chapter house for future members PROJECT COSTS Life Safety Fire alarm – install wired smoke detectors in all bedrooms $10,000 Sprinkler – evaluate cost/benefit re: insurance $5,000 Asbestos – evaluate; abate (remove vinyl composite tile, etc.) $50,000 Security system (installed in March) $10,000 Accessibility ADA – building entrance $5,000 ADA – bathroom (modify ladies ground floor as unisex toilet) $15,000 Third-floor egress – second emergency staircase $30,000 Structural Add custodial closet $5,000 Windows – repair/replace as needed and add new screens $25,000 Doors (exterior) – repair/replace as needed $10,000 Masonry – repair exterior walls as needed $25,000 Renovations (Interior) Bathrooms $50,000 Install three new shared en-suite baths – first and second floor wing doubles $60,000 Upgrade basement, second and third baths $75,000 Flooring – install new in all suites $50,000 Repaint interior $60,000 Doors (50 est.) – install university standard hardware $25,000 Furniture Suite furniture – replace new $75,000 Common area – allowance $25,000 Kitchen and Dining Kitchen renovation (stove, refrigeration, washing, storage) $100,000 Seating (12 tables and 72 chairs) $40,000 Contingency $111,000 Renovations Total $861,000 Endowment $3,000,000 Project Total $3,861,000 Modernization of bathrooms Preliminary project costs are for discussion purposes only.

• Cover