[Vision2020] UI in Sandpoint could open in 2009
Donovan Arnold
donovanjarnold2005 at yahoo.com
Thu Aug 9 20:08:53 PDT 2007
I think UI needs to focus on the Moscow Campus which is not holding its own. It is important that people also realize that branch campuses don't raise money for the University, it costs the University more money, and in turn costs students in Moscow more money. Students living out of Moscow also costs Moscow potential revenue.
Best,
Donovan
Carl Westberg <carlwestberg846 at hotmail.com> wrote:
UI in Sandpoint could open in 2009....from the Spokesman-Review
Shawn Vestal
Staff writer
August 9, 2007
Sandpoint could be a college town by this time in 2009.
Coldwater Creek founder Dennis Pence, through his foundation, has expanded
the amount hes willing to spend to see that happen from $26 million to at
least $36 million, according to the agreement before the Idaho State Board
of Education.
The board, meeting in Twin Falls, is expected to approve a deal today or
Friday to sell 77 acres owned by the University of Idaho in downtown
Sandpoint to Pences Wild Rose Foundation for $6.25 million. Most of that
money would go into a trust for educational programs at the site, and the
foundation will spend at least $30 million to build the first four
buildings, which would then be turned over to the UI, according to the
agreement.
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This is unique in that were really able to create a whole campus from the
very beginning, said Larry Branen, the UIs associate vice president for
North Idaho.
If all goes as planned, classes would start at the Sandpoint Center in fall
2009. A variety of offerings would be available, with an emphasis on
interdisciplinary programs focusing on the liberal arts, natural resources
and food science, Branen said. Other programs would include the UIs
executive MBA program, already available in Sandpoint, as well as offerings
from North Idaho College.
The scope of the commitment from Wild Rose, as well as the targeted
approach, make it a unique situation for the UI, and one thats rare in
higher education, Branen said. It often takes years for universities to
establish branch campuses, and their growth can be slow. In this case, the
UI will have four new buildings and a campus environment already in place
when classes begin.
And its expected to come at relatively little cost to the UI. Proceeds from
the land sale will create a foundation to provide $500,000 a year for
faculty and programs; the UI expects to spend another $150,000 in the first
couple of years of operation. But the amount of the UIs commitment could
vary, depending on state funding and enrollments at the campus.
Essentially, its a turnkey operation, Branen said. But we have to turn
on the lights and bring people into it.
Attempts to reach Pence today were unsuccessful. He is chairman and CEO of
Coldwater Creek, the Sandpoint-based clothing operation that has seen
booming growth in recent years. Business Week listed it last year as one of
100 Hot Growth Companies.
The nonprofit Wild Rose Foundation was formed in 2005, with Pence, Karen
Pence and Rosalind Holland listed as foundation directors with the Idaho
secretary of states office.
The foundation approached the UI with the proposal, and initially proposed
spending at least $20 million, in addition to buying the land. Branen said
that discussions between Wild Rose and the UI led to a doubling of space for
classes and research, driving up the amount committed by the foundation.
Many in Idaho are wary of big plans for branch campuses, given the difficult
times that arose from the UIs grand plans for a new operation in Boise
several years ago. When those plans began to unravel, in 2002, the UI was
left with a big budget hole and its former financial vice president wound up
convicted of misusing public funds.
A large part of the problem in that case was that UI officials had big
plans, but no solid long-term financing as it began spending millions on
design. In this case, the moneys identified and the UI doesnt have any
liability should Wild Rose fall short on its commitment, Branen said.
I think we all learned a lot from Boise, he said. This is something where
the funding is up front. We know where its coming from.
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