Would you have to get the entire structure to code all at once? This is something we could be putting money into for a generation. So we would have to all at once redo the home side, and press box, and visitor side. We couldn’t do the home side, then redo the top deck and press box, and then come back and redo the visitor side later on?
Sounds better than slamming 250 million into a new stadium
So the visitor side is still good? Like if we wanted to use the visitor side after we build the home side or would that have to be rebuilt to? We could still use it but be completed at a later date?
For the home side we couldn’t just rebuild the bottom and then come back and redo the top deck, it would all have to be completed ?
Where is Boone Pickens when you need him?
Airport tax was $0.01 and didn't include drugs or food and they were able to raise $32M in 8 months. So round numbers, if you can get it approved is $50M/year.
That is a pretty good starting point as far as funding and being able to borrow against that revenue stream once approved. Getting it approved, that is the tough part.
The first thing you need when building something is a budget. Until we have one we have no idea what we can realistically do. We desperately need new suites (revenue) and a press box. Let’s see from the administration how much this will cost.
I heard when Ray Authement retired he had like over 150 million saved up from the UL Foundation, and that is what we used for new campus construction, rebuilding the dorms etc. when Dr. Savoie took over.
Maybe he knew about the situation and was just going to drop 150 million into a new stadium any takers?
If a stadium tax would ever be put to vote...I would have to delete all social media for the months prior to election date...and months post-passed tax...I wouldn’t be able to take the uneducated, backhanded comments about our beloved university...
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