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OT: Maryland IPF
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[QUOTE="rrlbees, post: 1203663, member: 96"] The Iowa facility may or may not have used any university funds. The $35m which was actually a goal of $40m+ was for naming rights of various parts of the facility. The other $20, or less, was paid by a loan Iowa took out with the hopes of some or most of it being offset by smaller donations, not naming rights. They called these donations, public support. So they took some risk. If they come up $10m short, it's on them. Same if it's $1m short. SU does the same thing. They keep trying to get donations to pay off every penny. The Melo Center still isn't completely funded by donations. Even the $5m lockers, offices etc upgrade was being funded by donations. Su put up the money but the intent was to replace it with donations. Last time I was at manley, they had one of those thermometer looking thing tracking those donations. They were close but still short. [/QUOTE]
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