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re: So what do you predict is the outcome of The Bluffs at Thompson Creek?
Posted on 10/15/21 at 10:59 pm to hookfin
Posted on 10/15/21 at 10:59 pm to hookfin
But the point is UC isn’t currently on its own and is subsidized. And you are speculating that if they were completely private and purchased the land and had a huge note etc that comes with that they could still be profitable. And also all those members wouldn’t go elsewhere when it is no longer tied to LSU.
3
Posted on 10/15/21 at 11:31 pm to lsu13lsu
Was the UC renovation not funded by TAF?
Posted on 10/16/21 at 7:01 am to lsu13lsu
I don’t think he gets it.
Posted on 10/20/21 at 11:35 am to lsu13lsu
quote:
But the point is UC isn’t currently on its own and is subsidized. And you are speculating that if they were completely private and purchased the land and had a huge note etc that comes with that they could still be profitable. And also all those members wouldn’t go elsewhere when it is no longer tied to LSU.
I believe he is saying UClub pays their lease and after all expenses are paid breaks even or makes a profit now.
Speculating about what would happen if they borrowed the money, paid a note is pointless because that isn’t going to happen.
But if TAF decided to sell the property to the Club the key piece would be how much the note would be and how much the lease is per month.
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