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 The Student Association Senate Bill Number XX-XX-XXIntroduced by: GUSA Finance and AppropriationsCo-sponsored by: Senator Sheila Walsh, Senator Bridget Power, Senator Zach Singer,Senator Christopher Chang, Senator Cannon Warren, Senator Lexi Cotcamp, andSenator Colton Malkerson.
 
Georgetown University Student Association
In the school year 2011-2012 
 AN ACT TO Create A Referendum Allocating the Student Activities FeeEndowment and interest account
The following text shall be submitted to the undergraduate student body of Georgetown University for referendum: 
 Whereas the Student Activities Fee Endowment has failed to fulfill its originalpurpose and currently serves no benefit for students, it should be allocated toprojects and initiatives that enrich the undergraduate experience at Georgetown. The GUSA Senate proposes allocating funds from the Student Activities FeeEndowment and interest account to the following three proposals as defined:
**Students may vote on each proposal at the bottom of the page** 
 _________________________________________________________ 
Social Innovation and Public Service (SIPS) Fund, $1,250,000
 This proposal will allocate approximately $100,000 each year to support threedistinct programming areas that focus on: increasing exposure to service andsocial justice on campus, expanding opportunities for individuals to make animpact, and supporting student-led non-profit organizations and social ventures. The SIPS Fund will support these program areas through direct grants,organizational partnerships, and in-kind contributions and co-sponsorships. Any Georgetown student or alumnus (who graduated after 2001), and projects in which they play a principal role, are eligible for funding. A nine-person board comprised of three students, three alumni, and threefaculty members will oversee the SIPS Fund, which will be managed day-to-day by a student director and five-member student committee.
 
 
 _________________________________________________________ 
Georgetown Energy Solar Panels, $250,000
 This proposal will allocate $250,000 to install rooftop solar panels on 43University-owned townhouses. Energy savings from these panels will be directedback to the Georgetown University Student Association for allocation to studentactivities.Funds allocated for this project, but not spent by May 2012, will be placed into aGreen Fund managed by the SIPS Fund. The Green Fund will finance futuresolar panel installations and other sustainable initiatives, which students may propose.In the event that the SIPS Fund is unsuccessful at referendum, GUSA willmanage the future installation of solar panels and other sustainable initiatives onbehalf of the Green Fund.
 
 _________________________________________________________ 
New South Student Center Enhancements, $2,048,412
 This proposal will allocate $2,048,412 to build an outdoor terrace and renovatethe first level of the New South Student Center. The terrace will be located onthe southern side of the Student Center facing the Potomac River. This 4,670square foot terrace will serve as an outdoor lounge, study area, and event space. The first level renovation of the Student Center will add approximately 2,780square feet of additional study and lounge space. The first $206,763 of interest earned on the principal of this allocation to theStudent Center will support the first level renovation of the Student Center. Any interest earned beyond this figure will be allocated to the SIPS Fund. In theevent that the SIPS Fund is unsuccessful at referendum, interest earned beyondthis figure will be placed in the Student Activities Fee Reserve account. _________________________________________________________ I support giving $1,250,000 of student money to the SIPS Fund proposal. YES ___ NO ___ I support giving $250,000 of student money to the Georgetown Energy proposal. YES ___ NO ___ I support giving $2,048,412 of student money to the New South Student Centerproposal. YES ___ NO ___ 
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