Nola or BCS. After seeing that crappy stadium in Shreveport again I'd never wanna go there. I know it's good to expand our bowl game spots but Nola is just so nice
Nola or BCS. After seeing that crappy stadium in Shreveport again I'd never wanna go there. I know it's good to expand our bowl game spots but Nola is just so nice
J1M, what specifically do you mean by a loan?
And what specifically would you spend the money on?
Just as we did for campus upgrades and renovations, it is time to borrow funds to move our athletic department forward. Note...some of those funds can be had from private donors who will come forward if approached effectively. The rest must be borrowed...to be then paid off on the back of our athletic progress and success.
Does anybody know what the bonding capacity of UL is? My point is, the University has spent a lot of money on capital projects the last few years and I'm pretty sure this was all bOnd money. And i think The new practice facility was funded thru a loan by the Lafayette Public Trust Financing Authority.
I'm not trying to come across as argumentative. But does anybody have an idea of how the mechanism works to fund long term capital projects at the state level?
Im pretty sure state law limits a public entity's debt load. And if the University is at its limit, bonding may not be an option.
I don't disagree with the idea of bonding the money out. But you're gonna have to show a much more stable revenue source. I don't think the bond market is going to think "potential conference realignment" revenues will make for great sales.
But if there all local bankers who are willing to fund capital projects for athletics, why don't they come forward? Doesn't it seem to reason that if a bigger conference saw that a public/private endeavor would show an INCREDIBLE community commitment, they'd think UL was a viable addition.
Are we at that limit, and does a limit exist or are you speculating?
If that's the case then the administration should say so. Then make a plan to get it done anyway. My god, I've never been around a situation with so many people focused on why something can't be done.
I know that a public tax was presented and voted down by the people of Hattisburg for S Miss---Wish we could get a Lafayette funding source for UL----I am very worried about the economy---We have a Socialist in the WH and I think we are headed for a terrible recession and Jimmy Carter type inflation---WE need to establish these interest rates NOW and get the raw materials and the labor costs while they are affordable. Ironically these were the premises that T-Joe so eloquently used against the RED-NECK board members on the Campus dorms construction---Hell who knows---just some thoughts!!!
A slight correction Hammer----they didn't make and we didn't make---we brought in from ticket sales---unfortunately with the new conference split we are screwed even with our commanding performance at the box office---As you pointed out there is no shame that will worry their pointing out that 41K were Monroe fans---now juxtapose the NO Bowl and you know the total to school fan ratio that we would have over them---Gets frustrating at times---Hope you and the crew are having a GREAT holiday season!!!
Memphis all day. Been waiting for a good excuse to go to Memphis.
If the NOLA Bowl is off the table my 2nd choice would be the Meineke in Houston... If we're paying extra money for hotels and higher priced tickets I want perfect conditions. Now if you force me to go outside ____ S-port, I'm going brave the elements in the old Cotton Bowl Stadium or TCU's Amon G. Carter stadium. Cotton Bowl because it's got a ton of nostalgia and Carter because TCU's campus is absolutely beautiful... If we get Liberty I'd be cool with that as well....
Could someone put a white stripe down the center of that helmet?
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