<table cellspacing="0" cellpadding="0" border="0" ><tr><td valign="top" style="font: inherit;">Rep. Tom Trail inquired about money spent on the kibbie dome project. Below is an email from UI's Lloyd Mues sent to him.<div><br></div><div>It doesn't mention anything about private donations.</div><div><br></div><div>I gather $25 million will be spent for this project. $2 million directly from Idaho taxpayers. The rest will be paid for by a $23 million bond funded with student fees.</div><div><br></div><div>The questions now are, how much will an individual pay in student fees on a semester basis to fund this bond? How many semester will be required? What is the total amount will a student pay during this payback?</div><div><br></div><div><br></div><div><br></div><div><span class="Apple-style-span" style="font-family: arial, helvetica, clean, sans-serif; line-height: 15px; "><p class="MsoNormal" style="margin-top: 0px; margin-right: 0px;
margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; line-height: 1.2em; outline-style: none; outline-width: initial; outline-color: initial; display: block; "><font size="2" color="#1f497d" face="Calibri" style="line-height: 1.2em; outline-style: none; outline-width: initial; outline-color: initial; "><span style="line-height: 1.2em; outline-style: none; outline-width: initial; outline-color: initial; font-size: 11pt; color: rgb(31, 73, 125); ">email from Lloyd Mues:</span></font></p><p class="MsoNormal" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; line-height: 1.2em; outline-style: none; outline-width: initial; outline-color: initial; display: block; "><font size="2" color="#1f497d" face="Calibri" style="line-height: 1.2em; outline-style: none; outline-width: initial;
outline-color: initial; "><span style="line-height: 1.2em; outline-style: none; outline-width: initial; outline-color: initial; font-size: 11pt; color: rgb(31, 73, 125); ">"$2M of PBF money was sent to UI to assist with the life/safety fixes of the Kibbie Dome last year. This PBFAC allocation was not asked for by UI; however, upon being sent to us by the State, we did use it in a complimentary manner that went specifically to life/safety upgrades. That money went to fire detection/suppression upgrades….. not to the wall.</span></font></p><p class="MsoNormal" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; line-height: 1.2em; outline-style: none; outline-width: initial; outline-color: initial; display: block; "><font size="2" color="#1f497d" face="Calibri" style="line-height: 1.2em; outline-style: none; outline-width: initial;
outline-color: initial; "><span style="line-height: 1.2em; outline-style: none; outline-width: initial; outline-color: initial; font-size: 11pt; color: rgb(31, 73, 125); "> </span></font></p><p class="MsoNormal" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; line-height: 1.2em; outline-style: none; outline-width: initial; outline-color: initial; display: block; "><font size="2" color="#1f497d" face="Calibri" style="line-height: 1.2em; outline-style: none; outline-width: initial; outline-color: initial; "><span style="line-height: 1.2em; outline-style: none; outline-width: initial; outline-color: initial; font-size: 11pt; color: rgb(31, 73, 125); ">$10M was acquired from Wells Fargo in the form of a short term construction loan (as we could not raise the bonds during the midst of the worldwide financial crisis) to fund the West Wall, Exit
Constructions, ADA and other life/safety upgrades. That short term loan will be paid off tomorrow when we close (in Boise ) on the recent refinance/bonding action.</span></font></p><p class="MsoNormal" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; line-height: 1.2em; outline-style: none; outline-width: initial; outline-color: initial; display: block; "><font size="2" color="#1f497d" face="Calibri" style="line-height: 1.2em; outline-style: none; outline-width: initial; outline-color: initial; "><span style="line-height: 1.2em; outline-style: none; outline-width: initial; outline-color: initial; font-size: 11pt; color: rgb(31, 73, 125); "> </span></font></p><p class="MsoNormal" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px;
line-height: 1.2em; outline-style: none; outline-width: initial; outline-color: initial; display: block; "><font size="2" color="#1f497d" face="Calibri" style="line-height: 1.2em; outline-style: none; outline-width: initial; outline-color: initial; "><span style="line-height: 1.2em; outline-style: none; outline-width: initial; outline-color: initial; font-size: 11pt; color: rgb(31, 73, 125); ">That bonding action will pay off the Wells Fargo loan in total and fund the East Wall corrections (additional $10M) that we anticipate starting work on this Spring. The Students of the University of Idaho are funding the bond payments through a portion of their student facility fee. So, other than the $2M from the PBFAC last year, this life/safety project is financed through bonds secured by student facility fees."</span></font></p></span><br><br></div><div><br></div><div>An interesting article
(http://www.govandals.com/ViewArticle.dbml?DB_OEM_ID=17100&ATCLID=204891264) gives you an idea of priorties at UI. They are making sure rich people can enjoy UI athletics as poor students subsidize their pleasure.</div><div><br></div><div><br></div><div>"<span class="Apple-style-span" style="font-family: arial, helvetica, sans-serif; font-size: small; font-style: italic; ">A message from University of Idaho Athletic Director Rob Spear</span></div><span class="Apple-style-span" style="font-family: arial, san-serif; font-size: 11px; "><p><font face="arial,helvetica,sans-serif" size="2">Thursday ... the State Board of Education gave us approval to move forward with our plans for suites, club seating and a new press box...</font></p><p><font class="Apple-style-span" face="arial, helvetica, sans-serif"><span class="Apple-style-span" style="font-size: small;"><br></span></font></p><p><font class="Apple-style-span" face="arial, helvetica, sans-serif"><span
class="Apple-style-span" style="font-size: small;">"While we have made significant progress towards meeting our private fundraising, NOW is the time to rally and complete our $6 million dollar goal! The club seats are going fast and I would encourage you to act quickly. A single seat is $12,500 with a pair priced at $25,000. The annual maintenance of your seat is $1,250 for a single seat; $2,500 for a pair. To support this project or secure your seat, please contact the Athletic Development Office at 208-885-0259."</span></font></p><p><font class="Apple-style-span" face="arial, helvetica, sans-serif"><span class="Apple-style-span" style="font-size: small;"><br></span></font></p><p><font class="Apple-style-span" face="arial, helvetica, sans-serif"><span class="Apple-style-span" style="font-size: small;"><br></span></font></p><p><font class="Apple-style-span" face="arial, helvetica, sans-serif"><span class="Apple-style-span" style="font-size:
small;">Do your duty. Buy a seat. Let's not let the kibbie money pit go to waste.</span></font></p><p><font class="Apple-style-span" face="arial, helvetica, sans-serif"><span class="Apple-style-span" style="font-size: small;"><br></span></font></p><p><font class="Apple-style-span" face="arial, helvetica, sans-serif"><span class="Apple-style-span" style="font-size: small;">This would be funny if it weren't so sad.</span></font></p><p><font class="Apple-style-span" face="arial, helvetica, sans-serif"><span class="Apple-style-span" style="font-size: small;"><br></span></font></p></span><div>Garrett Clevenger</div></td></tr></table>