More State Money for Capital Improvements
- Thread starter srru86
- Start date
I thought the list at the end was pretty detailed, but reasonable minds can differ. I note that two R-C buildings are on the list. . One is the Writers House; extra money must be needed to complete the rehab. The other is the Artis Building, a fairly small building that used to house our registrar. I don't know what the plan is for that building, but certainly it shouldn't be sitting vacant.
Some more detail...
Gannett NJ
Rutgers board approves renovation, expansion projects
Star Ledger
$98M could fix 'the bane of Rutgers' existence,' official says
The only potential down side is we are asking for $98.5 million of $180 million pot and I assume others are looking for theirs. Has it already been worked out in Trenton what the split is or is it sharp elbows time?
Maybe I'm missing something but I am not clear if this is new money or another tranche of the 2013 bond money?
Also are we competing with private and religious schools as we were last time around or is the 180m just for the publics?
Gannett NJ
Rutgers board approves renovation, expansion projects
Star Ledger
$98M could fix 'the bane of Rutgers' existence,' official says
The only potential down side is we are asking for $98.5 million of $180 million pot and I assume others are looking for theirs. Has it already been worked out in Trenton what the split is or is it sharp elbows time?
Maybe I'm missing something but I am not clear if this is new money or another tranche of the 2013 bond money?
Also are we competing with private and religious schools as we were last time around or is the 180m just for the publics?
Some more...
Rutgers
Facts About Proposed Facilities Projects Across Rutgers University
This says we are on the hook for 1/3 of the debt service.
Record
Montclair State, Rutgers seeking funds for construction, renovation projects
This seems to suggest it is part of the higher ed bond
Rutgers
Facts About Proposed Facilities Projects Across Rutgers University
This says we are on the hook for 1/3 of the debt service.
Record
Montclair State, Rutgers seeking funds for construction, renovation projects
This seems to suggest it is part of the higher ed bond
I feel like in gneral the state splits this stuff roughly 55% RU/45% everyone else. Thats about what happened with the big bond issuance for example.
I think that's right. It sounds this is left over from the bond issue. Note that almost $100 million doesn't seem to go very far these days.
I'm not sure it does anywhere. For some years, China was bidding up the prices of steel and concrete to a ridiculous extent.
I would say "excellent." The amount proposed is in accord with the share of the bond issue we've gotten so far.
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