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re: ULL baseball stadium corruption? **UPDATE** Demolition begins!

Posted on 7/13/16 at 5:00 pm to
Posted by Overbrook
Member since May 2013
6106 posts
Posted on 7/13/16 at 5:00 pm to
He's only $5 mill of the $17 mill cost. My guess is that they have the pledges but not all the cash, and have to figure how to handle that. I guess they could float a LPFA loan or something, secured by the pledges.
Posted by chew4219
Member since Sep 2009
2724 posts
Posted on 7/13/16 at 5:07 pm to
Close to what will happen.
Posted by AwesomeSauce
Das Boot
Member since May 2015
8079 posts
Posted on 7/13/16 at 5:15 pm to
quote:

I guess they could float a LPFA loan or something, secured by the pledges.



Can they? I could have sworn I heard that due to budget shortfalls and cuts that loans and bonds were a no go for Louisiana Colleges and Universities. Possibly it was a forecast if the budget issue couldn't be rectified.
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