Listen Beast the University has done a great job over the years bringing the St Johns campus and facilities into the 21 century!. For those alumni who have not been back to visit the campus you owe it to yourself to do so! The campus is magnificent! It is nothing compared to the campus I attended from 1968 to 1972, Now it’s time to devote their resources to their flagship program “College basketball” We need to put up an arena that will allow us to be at least on par with the other programs in the Big East! Did you ever consider that if we put up a state of the art arena that attendance may actually increase significantly because of it? Let’s be honest our arena is a proverbial dump and an embarrassment to our University! I mentioned on this board that if they were to build a arena I would become a season ticket holder even though I live 8 months in my other home in Florida! Maybe just maybe there are numerous alumni who feel the same way. Listen I don’t have all the answers but it doesn’t take a rocket scientist to figure out that something needs to be done!
Why not have a targeted fund drive dedicated solely to developing money for an arena and fund the balance with a bond issue over 20 years! Assuming we can raise 50 million with a targeted fund drive the University would only need to float a 50 million dollar bond issue at now very favorable rates! Then I would bury CA and use that space to to utilize and expand other academic initiatives! Let’s put up an arena that people will want to attend! CA IS NOT IT!
Why not have a targeted fund drive dedicated solely to developing money for an arena and fund the balance with a bond issue over 20 years! Assuming we can raise 50 million with a targeted fund drive the University would only need to float a 50 million dollar bond issue at now very favorable rates! Then I would bury CA and use that space to to utilize and expand other academic initiatives! Let’s put up an arena that people will want to attend! CA IS NOT IT!
