Supersonic Posted April 18, 2007 Share Posted April 18, 2007 Quote Link to comment Share on other sites More sharing options...
SluSignGuy Posted April 18, 2007 Share Posted April 18, 2007 Has this amount been counted as "raised" in the figures or is it new money? Quote Link to comment Share on other sites More sharing options...
Box and Won Posted April 18, 2007 Share Posted April 18, 2007 I believe that this is money that SLU was counting on all along. "Neither a spokesman for SLU nor James Stemmler, a private practice attorney representing the Masonic Temple, could not be reached for comment." Damn Stemlers/Stemmlers trying to keep us down! Quote Link to comment Share on other sites More sharing options...
SLURadioBoy Posted April 18, 2007 Share Posted April 18, 2007 I'm pretty sure it's been already counted since they were anticipating getting it. I could be wrong though. "Praises we sing, to you our alma mater, Praise to the white and blue. Our hymn shall ring, in tribute strong to you, We hail Saint Louis U." Official Billikens.com sponsor of Andrew Latimer Quote Link to comment Share on other sites More sharing options...
Grapes of Wrath Posted April 19, 2007 Share Posted April 19, 2007 Box and Won and SLURadioBoy are correct: The TIF financing (bonds to be sold to raise the $8mm) was factored into the initial financing plan. Somebody felt that allowing a TIF to a tax exempt institution wasn't right and filed suit. If the court had ruled against SLU it would have meant finding ANOTHER $8mm: there is nothing "extra" about this. In fact, it is part of the debt being taken on to raise the majority of the money: kind of knocks the notion of lots of big time donors behind the scenes, doesn't it? Quote Link to comment Share on other sites More sharing options...
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