Forget NIL, the Legislature just rammed through the Capital Outlay budget. They added a cool $1,000,000 to renovate the PMAC with $50M more coming from bonds later & another $50M from self-generated funds. All at the last minute with no debate.
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Forget NIL, the Legislature just rammed through the Capital Outlay budget. They added a cool $1,000,000 to renovate the PMAC with $50M more coming from bonds later & another $50M from self-generated funds. All at the last minute with no debate.
Of courseQuote:
Originally Posted by cjr3888
Damn. $101,000,000 renovation budget for PMAC. Must have put free cash ATMs in the budget for their players.Quote:
Originally Posted by cjr3888
Cajundome reno was $20 million. Cajun Field will be $45-$65 million.
I think 65 million was the price tag a few years back. It has to be in the 80 million plus range now.Quote:
Originally Posted by RedTails
And yet, they say they get no money from the state.Quote:
Originally Posted by cjr3888
where are our local state legislators and are they pushing back on this? How can this pass when there are so many other needs in this state? Did the state kick in any money when we did the Cajundome reno? Is the state kicking in any money for the CF reno? This is such crap!!Quote:
Originally Posted by JMV JustMyView
I believe the CajunDome was Fed money from Katrina/Rita as a refugee center.Quote:
Originally Posted by no1cajunfan
Pushed back? That’s laughable. Tanner Magee (Houma) is bragging that he pushed to get it in the budget. Page Cortez (Lafayette) is one of the few who actually knew it was in the budget before it was voted on.Quote:
Originally Posted by no1cajunfan
Y'all prolly roll your eyes at me when I talk about these things, but our delegation getting behind funding for us (or standing in the way of others getting theirs)?
They typically, historically don't do it. Remember, they all get tickets to Refineryville games.
The Sugarena. The Yambaly buidling. The Horse Farm/Moncus Park. The PMAC.
And now the state, potentially could be on the hook for $50 million dollars in bond funding for the PMAC??????? Really???????
(But not a whole lot of effort on I-49...some of which is our fault because cats get herded easier than we do.)
The capital outlay program is a joke.
NONE of these projects should get funded.
Wanna test the waters for our local delegation's commitment?
Ask them to sponsor a special, LOCAL/PARISH district for funding Cajun Field improvements. Tell them we'll pay for it ourselves.
You can bet your azz they'll use the "well, people won't vote for a new tax" excuse, rather than admit they don't want to pizz anybody off in refineryville.
Or maybe, just maybe they're cool with the rest of us funding tigah improvements while we get told "know your place."
FWIW I hear we’re getting 75 million for the performing arts center.
Define we?Quote:
Originally Posted by CajunRebel
Isn’t that a city-parish thing?
Heard 50 mil last Wednesday.Quote:
Originally Posted by CajunRebel
I-49 connector is closer to happening than people think. There’s a 10% match, so it’s time to think ahead.
But our delegation is so darn parochial and reactive and as proactive as a sloth with arthritis. And dey love dem some tiggas.
Go back and see how much federal Covid money Lafayette had allocated. Then see how much has been wizzed away. Plenty to build a PAC a few times over.
https://www.wbrz.com/videos/state-sp...s-lsu-library/
About $101 million for PMAC renovations was also set aside in a last-minute amendment to the budget, though — like the library money — actually getting all of that funding will be contingent on whether the state can pay for its other higher-priority projects. About half of the money will come out of LSU's Athletics' own fees and revenue, and only $1 million from the capital outlay savings fund is likely to be paid out in the near future.
Lol
And companies awarded bids can probably use cost overrun money for nilQuote:
Originally Posted by Million$Mullet
Yes, FEMA money.Quote:
Originally Posted by cajun4life
The university received $75 Million in this round of funding and $15 Million towards an important project.Quote:
Originally Posted by CajunRebel
Pretty sure the FEMA money was used to repair damages after using it as a shelter for about 20000 folks following Katrina. That repair work was about 2.7 million. The last big upgrade of $20 million was about 2016 and was paid for by bonds thru the Ragin Cajun Facilities.
Any coincidence football tweeted season ticket holders are getting priority seat choice in “the improved Venue?”
Does this mean TAF doesn't give back to academics anymore
Please explain. So you are saying UL got 15 million from the state for Cajun Field renovation, and LSU got 101 million from the state for PMAC renovation in this session?Quote:
Originally Posted by CajunT
Let’s compare apples to apples.
I didn’t have time to read the third bill yet with all the pet projects.Quote:
Originally Posted by UL_Cajuns
TSAB got $1M up front. $50M in future bonds and $50M will be self funded.
Ok I see. Can you confirm UL got 15 million for CF renovation?Quote:
Originally Posted by cjr3888
For the most part, our local delegation in Baton Rouge is pretty pathetic!Quote:
Originally Posted by no1cajunfan
UL faired well in this session. Of course, almost everyone else did also. Legislatures were spending one time money like drunken sailors. A lot of funding is in Priority 5 so we'll have to see if makes it through future sessions. Also, HB1/2 may be overspent so bond commission may have something to say. Here is what UL was allocated (apologize for lack of formatting):
HB NO. 2 ENROLLED
1 19/640 UNIVERSITY OF LOUISIANA - LAFAYETTE
2 (464) DeClouet Hall Renovation, Planning and Construction
3 (Lafayette)
4 Payable from General Obligation Bonds
5 Priority 1 $ 500,000
6 Priority 5 $ 5,500,000
7 Total $ 6,000,000
8 (668) Foster Hall Renovation, Planning and Construction
9 (Lafayette)
10 Payable from General Obligation Bonds
11 Priority 1 $ 444,173
12 Priority 5 $ 4,000,000
13 Total $ 4,444,173
14 (669) Madison Hall Renovation, Planning and Construction
15 (Lafayette)
16 Payable from General Obligation Bonds
17 Priority 1 $ 8,000,000
18 Priority 5 $ 14,000,000
19 Total $ 22,000,000
20 (670) Engineering Classroom Building, Planning and
21 Construction
22 (Lafayette)
23 Payable from General Obligation Bonds
24 Priority 1 $ 7,084,465
25 Priority 5 $ 47,866,573
26 Total $ 54,951,038
27 (877) Kinesiology, Hospitality Management, and Athletic
28 Administration Complex, Engineering, Stabilization,
29 Equipment, Planning and Construction
30 (Lafayette)
31 Payable from General Obligation Bonds
32 Priority 1 $ 15,000,000
33 Priority 5 $ 22,000,000
34 Total $ 37,000,000
35 (1079) Health Care Education and Training Facility and
36 UL/LSU Health Science Education Collaboration
37 Building, Planning, and Construction
38 (Lafayette)
39 Payable from General Obligation Bonds
40 Priority 1 $ 13,249,968
41 Priority 5 $ 62,500,000
42 Total $ 75,749,968
43 (1817) Sciences Lab/Classroom Building,
44 Planning and Construction
45 (Lafayette)
46 Payable from General Obligation Bonds
47 Priority 5 $ 47,750,000
48 Payable from the Capital Outlay Savings Fund $ 1,250,000
49 Total $ 49,000,000
Page 43 of 161
HB NO. 2 ENROLLED
1 (1818) Billeaud Hall Renovation,
2 Planning and Construction
3 (Lafayette)
4 Payable from General Obligation Bonds
5 Priority 5 $ 29,500,000
6 Payable from the Capital Outlay Savings Fund $ 500,000
7 Total $ 30,000,000
8 (1819) Montgomery Hall Renovation,
9 Planning and Construction
10 (Lafayette)
11 Payable from General Obligation Bonds
12 Priority 5 $ 21,500,000
13 Payable from the Capital Outlay Savings Fund $ 500,000
14 Total $ 22,000,000
15 (1820) Learning Lab, Planning and Construction
16 (Lafayette)
17 Payable from General Obligation Bonds
18 Priority 5 $ 42,000,000
19 Payable from the Capital Outlay Savings Fund $ 2,000,000
20 Total $ 44,000,000
21 (1821) Property Acquisition
22 (Lafayette)
23 Payable from the Capital Outlay Savings Fund $ 2,000,000
24 (1863) Performing Arts Center Complex, Planning
25 and Construction
26 (Lafayette)
27 Payable from General Obligation Bonds
28 Priority 5 $ 74,000,000
29 Payable from State General Fund (Direct) $ 1,000,000
30 Total $ 75,000,000
and it actually gets better. NIRC is not listed specifically under UL for allocations:
28 (353) NIRC BSL-3 Lab and Animal Housing, Planning and
29 Construction
30 (Iberia)
31 Payable from General Obligation Bonds
32 Priority 1 $ 10,600,000
33 Priority 5 $ 10,000,000
34 Total $ 20,600,000
35 (1169) NIRC Iberia BioInnovation Accelerator GMP CDMO
36 Planning and Construction
37 (Iberia)
38 Payable from General Obligation Bonds
39 Priority 1 $ 14,400,000
40 Priority 5 $ 39,000,000
41 Total $ 53,400,000