BankShot
The Kleuh Level
Back to my original thread...
http://www.tribstar.com/news/isu-tr...cle_65e5309e-8e4b-11e7-8180-f73d8bdac687.html
http://www.tribstar.com/news/isu-tr...cle_65e5309e-8e4b-11e7-8180-f73d8bdac687.html
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If they can pull it off that sounds good to me... 50 million would go a long way in the HC...Something is fishy here though....As i stated earlier and is in the article local gov. (city,county,etc) were willing to pony up 26 mil of the 75 mil to get this done....So by my math with the 37.5 mil from the state that leaves roughly 12.5 mil to cover on ISU's end....
Now in the article ISU claims they will get from 37.5 mil to 50 mil through donations,cash, and probably some debt..So by my math that is about 12.5 mil to cover on ISU's end...
The only possible things I can see going on here is the local gov. is full of shit on the 26 mil figure (don't think so, but could be possible i guess), the realtionship between ISU's board members and the city/county members was fractured to the point ISU said screw it (hope not because Gibson is a bigggg part of ISU's present and future growth), or what I think is most likely is ISU wants to have full control of the building and does not want to rent in the future to use it... In that scenario they are probably saying "if we are going to have to raise 12.5 mil to get this thing done then why would we then pay a yearly fee to use it??" They probably don't see much value in the convention center from their angle and believe more money will be going directly to the HC now by going this route.
Still don't see it that way but that's okay...
At the end of the day Bradley wanted control and he drew a line in the sand. It worked out the way it worked out. Pawning it off on the city & county finances the way he did was the easy way out. Everyone would bite on that story line because it's not a lie - the city and the country are struggling. However, the funds for this project had already been committed and it's my belief all parties were ready to proceed with this project - if I'm wrong about that then so-be-it.
Had Bradley just come out and said - hey look we'ere going to commit some additional University $$ to this project and we want to have control of the facility. At the end of the day I might have been more accepting to what went down. I didn't like the idea of piling on the city/county all while throwing THCVB in on it - don't believe that made for very good press for anyone involved.
If you disagree with me (and many of you apparently do) then that's just the way it goes. I'm not going to change your mind and your not going to change mine. I'm glad they are going to renovate the HC, I hate the way it played out. The chest pounding in this thread about being right is hilarious - the only thing anyone was right about is Indiana State & Bradley wanting control over the contractor/the plans and about everything else. They wanted the city/county/thcvb money but they wanted them to stay out of the way...
Not in your or my lifetime. There are major administrative/govt issues at play in TH/Vigo that simply won't disappear at the wave of a wand." They've existed for multi-decades and are indigenous to stable economic progress. Going to be very difficult to bring investment $$$ into the Wabash Valley with these issues of political instability & trust.
One example is the recent selection of the I-70 area "Riverscape" for construction of a prison-sized Vigo County Jail. How does this even come close to the "vision & planning" undertaken for the Wabash River area which so many have worked hard to create? But that's what you get when you elect a 20-yr. "school bus driver" as Pres. of the Vigo County Commissioners. Get my point?
Here's a recent article surrounding up & coming political leader, Brendan Kearns, a wonderful well-balanced LEADER for the TH/Vigo future. Can you believe this "smoke filled pool room"-type politics? This is a SYSTEMIC problem which crosses generational boundaries.
http://www.tribstar.com/news/local_...cle_7ae1e4c9-d4a5-52ca-a45c-7cda6bf6ee98.html
But will the next local election displace this cronyism? Come on, take an EDUCATED guess...
boy, are you guys trying to get Illinois to annex you? It's like you are in the minor leagues but performing amazing.
There's some amazing historical parallels between Chicago & TH over the past 100+ yrs...
That's not necessarily something the TH Chamber of Commerce would promote. Well, we re talking about the Haute--maybe they would???
Just a short note: Woz and I cornered Dan Bradley last night at the President's Fall Tour and asked him straight up about the situation with the Hulman Center and the $37.5 mil from the state for HC improvements. Although it is not a done deal, we should know if ISU can go on it's own with official approval, hopefully, on October 20th. (could be a nice Homecoming announcement although that is not Dan's thought but mine). He was cautious that nothing is a sure thing with the legislature but this decision is being made by a five-man committee. He did say they were hopeful that it would be approved and construction would begin immediately after the basketball season. We made no reference to the remaining funds but it felt to me that he had answers in the back of his mind. As I have said before, I truly felt that they knew last year that we were going on our own and that in the long run, it will be what is best for Indiana State. He also discussed some about football and where we stand there long-term as well as stadium-wise but I think we will save that for another day. Woz, any thoughts or disagreements on what I said?
Just a short note: Woz and I cornered Dan Bradley last night at the President's Fall Tour and asked him straight up about the situation with the Hulman Center and the $37.5 mil from the state for HC improvements. Although it is not a done deal, we should know if ISU can go on it's own with official approval, hopefully, on October 20th. (could be a nice Homecoming announcement although that is not Dan's thought but mine). He was cautious that nothing is a sure thing with the legislature but this decision is being made by a five-man committee. He did say they were hopeful that it would be approved and construction would begin immediately after the basketball season. We made no reference to the remaining funds but it felt to me that he had answers in the back of his mind. As I have said before, I truly felt that they knew last year that we were going on our own and that in the long run, it will be what is best for Indiana State. He also discussed some about football and where we stand there long-term as well as stadium-wise but I think we will save that for another day. Woz, any thoughts or disagreements on what I said?