UH to begin construction on indoor football facility

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UH to begin construction on indoor football facility

If the board of regents had not approved the project by Sept. 1, Herman’s contract could have been reduced 25 percent from $2.5 million to $1.875 million.

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Herman’s contract buyout, not his contract.

So I guess prepare to get donation requests for this and the basketball capital campaign.

It states that ALL of the money is already pledged !

For the FB practice facility.

I didn’t read that. It says all the money will come from private donations, not that they have all the pledges.

You could be right Dustin, but I don’t think they would start on it unless they had the funding already secured.

If you read the BOR material, they have raised about $7.5M of the $20M total. The balance is an “aspirational goal” of future donations. Plus they need to raise $3M more for a maintenance fund.

I watched the BOR meeting today. There was no mention of the fundraising at all.

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only 7.5 mil has been pledged so far for IFPF

I wish I understood the process better. Obviously they feel confident about it and it’s happening.


http://uhcougarpride.com/building-champions/fb-indoor-practice-facility.html

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