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Message: [QUOTE="shandeezy7, post: 467870, member: 720"] Not only does the University most likely have a policy on percentages of capital expenditures that need to be funded by private donors, but also, if SU funds these capital expenditures through a bond issuance (which many private academic institutions do), then there is probably a percentage requirement for actual cash in hand before construction can begin on a project. So if SU needs to cultivate significant donors to this project for "several years/decade," then the likelihood of actual construction on such a facility could be years out. Now I have no knowledge of the University's current fundraising status for this project, so perhaps they are already near or at the base-line amount of funding. Who knows? [/QUOTE]