TIGUE UPDATE?

[CajunNation]

WOW.

My apologies to Doc.

....and BOP.

[basinbear]

So the hold up is about a 30% increase in budget. Did the contractor say they could do it for 13 million and know want 16-17 million?

No.....it's about money, period for the whole project, period.

[CajunT]

Again, just to clarify, the holdup of this entire project has been over $250,000?!

If the cost of the entire project sits at $16-$17 million right now and RCAF didn't have more then $3 million in actual funds collected, wouldn't that be a problem? I'm not great in math, but that doesn't seem to be 70% of the funds raised?

[BeauCajun]

No.....it's about money, period for the whole project, period.

That is correct per the contractor. And they are not the ones who have an issue with the money.

[CajunEXPRESS]

Not 70% of ten million.

[Rougarou]

If the cost of the entire project sits at $16-$17 million right now and RCAF didn't have more then $3 million in actual funds collected, wouldn't that be a problem? I'm not great in math, but that doesn't seem to be 70% of the funds raised

I understand, but in your previous post you said "the hold up" was regarding the language for this particular donor's $250,000 donation. The post seemed to be regarding an email where Robe was talking about the project and what the hold up is. It didn't mention that there was only 3 million collected.

[CajunT]

I understand, but in your previous post you said "the hold up" was regarding the language for this particular donor's $250,000 donation. The post seemed to be regarding an email where Robe was talking about the project and what the hold up is. It didn't mention that there was only 3 million collected.

He was speaking specifically to the rumored $2 million donation and why its was revoked, not the entire project.

[CajunsWin]

Here is clarification I received from someone involved with the baseball program in an email this afternoon. I won't post the entire email, but the comments are from Coach Robichaux concerning the rumored donor and the cost of the entire project.

"The original budget for the project was $10 million, bricking the outside added an additional $3 million. Now budget looks to be $16-17 million."

" On the donor, gift was never $2 million, it was and is $250,000.The hold up has nothing to do with the separation of the RCAF from the UL Foundation. The hold up is the wording of the agreement. The current agreement calls for the money to go to RCAF if the baseball stadium does not get built. He is asking for, and getting, that it be specified that if the stadium does not get built the money goes to the baseball program. He is giving the money because of Coach Robe, not because of RCAF."


So it's been cleared up for all and the source spoke directly to Coach Robichaux today! As for Scott Farmer's press conference, nothing new on the timing.

Did the "someone involved with the baseball program" have any doubts about the renovations moving forward? I would assume Robe and the donor have doubts if both are pushing for wording in the agreement to be changed, otherwise, should be a non-issue if the stadium will built as we all have been "promised".

[Cajunsmike]

Initial rumor was 2 million being pulled because of lack of separation. Coach Robe is simply clarifying the situation. No. was a lot less than 2 million and separation is not really the issue here.

[Rougarou]

He was speaking specifically to the rumored $2 million donation and why its was revoked, not the entire project.

Got you, the word usage ("hold up") had me confused.

So the actual hold up is the lack of funds collected from pledged donors

[CajunT]

Did the "someone involved with the baseball program" have any doubts about the renovations moving forward? I would assume Robe and the donor have doubts if both are pushing for wording in the agreement to be changed, otherwise, should be a non-issue if the stadium will built as we all have been "promised".

If he did, he didn't share it with me. It's unlikely Coach Robichaux is going to discuss it openly, but I'm still hearing the project will be completed. Of course no time table was shared.

[cajunfan96]

Here is clarification I received from someone involved with the baseball program in an email this afternoon. I won't post the entire email, but the comments are from Coach Robichaux concerning the rumored donor and the cost of the entire project.

"The original budget for the project was $10 million, bricking the outside added an additional $3 million. Now budget looks to be $16-17 million."

" On the donor, gift was never $2 million, it was and is $250,000.The hold up has nothing to do with the separation of the RCAF from the UL Foundation. The hold up is the wording of the agreement. The current agreement calls for the money to go to RCAF if the baseball stadium does not get built. He is asking for, and getting, that it be specified that if the stadium does not get built the money goes to the baseball program. He is giving the money because of Coach Robe, not because of RCAF."


So it's been cleared up for all and the source spoke directly to Coach Robichaux today! As for Scott Farmer's press conference, nothing new on the timing.