PROVIDENCE, R.I. — November 3, 2004 — Thanks to the voters of Rhode Island, who voted to approve three bond referendum questions supporting higher education in the state, the University of Rhode Island will soon embark upon several construction and renovation projects on campus.

Voter approval of questions 5, 9 and 13 authorized the issuance of bonds to finance the final stage of residence hall renovations, expansion of the Pell Marine Science Library, and construction of a Center for Biotechnology and Life Sciences.

“We are deeply grateful to the people of Rhode Island for their faith in the University of Rhode Island and its role in Rhode Island’s future,” said URI President Robert L. Carothers. “By definition, education is always about the future, and the voters have ensured that their University will continue to play a leading role in preparing our people for an environment where change is the only constant, generating the workers and the research necessary for the state’s new economy to prosper. Our students will be better housed, our preeminent place in the exploration of the world’s oceans assured, and our role in the vital field of life sciences firmly established.

“Election Day was very good for URI and for Rhode Island,” he added.

Unfortunately, question 10, which would have authorized bonds to finance construction of an athletic performance center adjacent to Keaney Gymnasium, was rejected. It is believed that the large number of bond questions on the ballot and voter concern over the state’s debt load was the reason for the question’s failure to pass.

“While we are disappointed in the defeat of question 10, we are still looking forward to meeting the challenges ahead,” said URI Athletics Director Tom McElroy.

“Thanks to everyone in the URI community who worked tirelessly in support of all four bond referenda,” said Carothers. “Your hard work and commitment are greatly appreciated.”