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<P class=MsoNormal><SPAN style="FONT-SIZE: 11pt">While it was a nice attempt at
a jab, Mark. The press release didn't arrive in my email until 2:15 p.m.
yesterday. I would assume it probably the same for everyone else.</SPAN></P>
<P class=MsoNormal><SPAN style="FONT-SIZE: 11pt">You didn't say whether you saw
it online or in print. I would guess you saw it online. </SPAN></P>
<P class=MsoNormal><SPAN style="FONT-SIZE: 11pt">It could be that the two local
dailies are trying to get more info/interviews. It came after deadline for the
afternoon daily, so there's no way it could have made it in
there yesterday.</SPAN></P>
<P class=MsoNormal><SPAN style="FONT-SIZE: 11pt">Also realize this, the
Spokesman has a staff that is much larger than any around here (Trust me on
this, I was employed there at one time, the employee lunch room has one of the
best views in town.) so they can jump on these right away.</SPAN></P>
<P class=MsoNormal><SPAN style="FONT-SIZE: 11pt">If you are going to take a
swipe at local journalists, it least make it an honest swipe.</SPAN></P>
<P class=MsoNormal><B><SPAN style="FONT-SIZE: 11pt"><EM>Donor Requests Delay in
University Development in Sandpoint<?xml:namespace prefix = o ns =
"urn:schemas-microsoft-com:office:office" /><o:p></o:p></EM></SPAN></B></P>
<P class=MsoNormal><B><SPAN
style="FONT-SIZE: 11pt"><o:p><EM></EM></o:p></SPAN></B></P>
<P class=MsoNormal><SPAN style="FONT-SIZE: 11pt"><EM>MOSCOW, Idaho – Development
of a University of Idaho campus in Sandpoint, Idaho, is on hold. The university
has been notified by Wild Rose Foundation, the campus’ financial donor and
developer, that the project will be delayed.<o:p></o:p></EM></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-SIZE: 11pt"><o:p><EM></EM></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-SIZE: 11pt"><EM>“The University of Idaho is
disappointed by the delay in the planned Sandpoint campus,” said President Tim
White. “Dennis Pence’s vision for creating educational opportunities in northern
Idaho resonates with the university’s mission, and we look forward to resuming
the project at the appropriate time. Our faculty and staff have been engaged in
innovative planning and curriculum development for this new campus, and we will
be well positioned when the project continues. ”<o:p></o:p></EM></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-SIZE: 11pt"><o:p><EM></EM></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-SIZE: 11pt"><EM>Pence heads northern
Idaho’s Wild Rose Foundation, a nonprofit charitable
organization.<o:p></o:p></EM></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-SIZE: 11pt"><o:p><EM></EM></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-SIZE: 11pt"><EM>The Sandpoint concept
proposal received approval from the university’s Board of Regents and Idaho’s
State Board of Education in February; the board gave final approval to the
project in early August.<o:p></o:p></EM></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-SIZE: 11pt"><o:p><EM></EM></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-SIZE: 11pt"><EM>The project calls for Wild
Rose Foundation to build educational facilities on approximately one-half of 77
acres included in the development and then gift the land and buildings back to
the university. The University of Idaho has planned several new programmatic
offerings for the campus. <o:p></o:p></EM></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-SIZE: 11pt"><o:p><EM></EM></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-SIZE: 11pt"><EM>The delay does not affect
existing University of Idaho programs in Sandpoint, including an Executive MBA
program, a master’s degree program in educational leadership, horticultural
research programs, and extension, family and youth programs. The university will
continue to seek ways to increase its programming efforts in northern
Idaho.<o:p></o:p></EM></SPAN></P></DIV>
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<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A title=msolomon@moscow.com href="mailto:msolomon@moscow.com">Mark
Solomon</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=vision2020@moscow.com
href="mailto:vision2020@moscow.com">vision2020@moscow.com</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Tuesday, October 23, 2007 6:07
AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> [Vision2020] where are the local
papers?</DIV>
<DIV><BR></DIV>
<DIV>This from the Spokesman, dated yesterday. m.</DIV>
<DIV><BR></DIV>
<DIV><FONT color=#000000>UI Sandpoint campus plan shelved<BR><BR>>From
staff reports<BR>October 22, 2007<BR><BR>The Wild Rose Foundation said late
today that it's putting on hold its proposal to finance a University of Idaho
campus in Sandpoint due to a downturn in the foundation's financial
portfolio.<BR><BR>Timelines for the project have been put on indefinite hold
based on the financial considerations, foundation director and Coldwater Creek
founder Dennis Pence said in a statement.</FONT><BR><FONT
color=#000000></FONT></DIV>
<DIV><FONT color=#000000>"As a large percentage of the assets of the
Foundation reside in equities, and the value of the portfolio has declined
substantially over the last six months, Wild Rose has requested to the
University of Idaho that the planned development be delayed until such time as
the condition of the investment portfolio of the Foundation improves," Pence
said.</FONT></DIV>
<DIV><FONT color=#000000><BR>Tim White, president of the University of Idaho,
said in a statement, "The University of Idaho is disappointed by the delay in
the planned Sandpoint facility. Dennis Pence's vision for creating educational
opportunities in northern Idaho resonates with the university's mission and we
look forward to resuming the project at the appropriate time."<BR><BR>The
delay does not affect existing UI programs in Sandpoint, including the
executive MBA program.<BR><BR>"We look forward to putting the project back on
track as soon as feasible," Pence said, adding that he will continue
"unqualified support" for the learning center. Pence also said the delay was
"personally disappointing," and he praised the university for its support of
the project.<BR><BR>Through his foundation, Pence committed to spend at least
$36 million on the project, according to an agreement approved in August by
the Idaho State Board of Education.<BR><BR>The board at that time backed a
plan to sell 77 acres owned by the UI just north of downtown Sandpoint to the
Wild Rose Foundation for $6.25 million. Most of that money would have gone
into a trust for educational programs at the site, and the foundation agreed
to spend at least $30 million to build the first four buildings, which were to
be given to the UI, according to the agreement.<BR><BR>Classes were
tentatively scheduled to start at the Sandpoint Center in fall 2009. A variety
of offerings would have been available, with an emphasis on interdisciplinary
programs focusing on the liberal arts, natural resources and food science.
Other programs would have included the UI's executive MBA program, already
available in Sandpoint, as well as offerings from North Idaho
College.</FONT><BR><FONT color=#000000></FONT></DIV>
<DIV><FONT color=#000000>Pence is chairman and CEO of Coldwater Creek, the
Sandpoint-based clothing operation that has seen booming growth in recent
years.</FONT></DIV>
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