Per this exclusive Argus Leader story, an announcement is expected today or tomorrow regarding Sanfords $20,000,000 gift towards the new arena at USD. http://www.argusleader.com/article/2...SD?odyssey=tab
Per this exclusive Argus Leader story, an announcement is expected today or tomorrow regarding Sanfords $20,000,000 gift towards the new arena at USD. http://www.argusleader.com/article/2...SD?odyssey=tab
Very nice start. I would think a $50 million facility will be awesome. Better get started on raising the rest. Our experience is that the LAST money is the hardest to get.
anybody else getting a little tired with this guy putting his name on everything?
Yes, they even had a brief story on the local TV news a few days ago how some people around Sioux Falls are getting tired of it.
Guess NDSU just got a drop in the bucket.......hey Denny can you up your 8 mil donation to 10 mil and make it happen for NDSU? All the guy wants to do is spread his name around. Easy come easy go when you over charge bank customers for services.
FWIW, the $50M price tag includes a number of items besides the arena (including upgrades to the Dakota Dome now that it will be exclusively a FB/track venue).
I'm guessing naming rights were not included in the package because of the significant amount of additional fundraising required. USD probably wants to keep that chip as an enticement for another large donor. And Sanford's name is already on the school of medicine, and Sanford and USD are closely related in Sioux Falls, with the USD school of medicine sitting on Sanford's campus.
I am a bit surprised that USD didn't phase this project, in order to receive incremental approval by the Board of Regents (in SD, 100% of funding must be committed before the board will approve any construction). You'd think that they could do $30M for new BB/sports medicine facility, $15M for dome improvements, $5M for outdoor facilities (including a track and practice fields) or something.
I think it's wonderful in this day and age and under the present state of the overall economy that there are some out there who are giving back to their communities in whatever shape or form. We are all in this together. The more we give to each other, the better the world will be in the long run. Perhaps some tax laws should be adjusted accordingly to reward those who give accordingly. It seems to me there is way too much of a gap between those who have and those who haven't.
LAKESBISON 3/4/2006-4/15/2011 Forever in our heartsStu Whitney @stuwhitney4mSurprised Harvard missed out. MT @AllHailTank: Well I guess I got watt I wonted I will take my talents and higher my education at UND.
Former representative of 3rd Floor Johnson
Current representative of 12 St. N Fargo