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Longhorn Offline
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Post: #228
RE: Union Bank & Trust Center Webcam
(12-25-2018 11:15 AM)JMUDunk Wrote:  
(12-23-2018 11:11 PM)91Alum Wrote:  
(12-23-2018 07:51 PM)Longhorn Wrote:  
(12-23-2018 04:57 PM)Dukeman2 Wrote:  Why would JMU use tax payer money to fund a 8500 seat arena when attendance is at a 30 year low?

There is no taxpayer money involved in building the new arena.
The size (seating) can be debated, but funding for the project is financed without funds from the General Assembly.

OK. This "General Assembly" thing sounds like semantics. We did not raise $80M for the arena with private funds. Where did the money come from?


I’m guessing in some part “student fees” which of course are aka student loans funded by taxpayers.

You know we now have an indoor “lazy river”, too? Not seeing a lot of”private funding” there either...

Loans are not taxpayer funded. I don’t know what part of “student” and “loan” you’re not comprehending, however, individuals who take out a loan are responsible for paying it back, and neither JMU or the Commonwealth underwrite loans. No tax money is involved.

And yes, there’s a “lazy river” in the expanded Rec Center Pool area. And your point is? Current students have it good, and/or are spoiled? Yep. No argument from me.

The Rec Center project, however, never involved “private funding” in much the same way building new dorms and parking decks have not involved the need for private funding. (By the way the new dorms all have AC and indoor plumbing too. Darn soft students! 03-lmfao). The Rec Center, the “Sentara Park” intramural fields, dorms, etc. are all auxilliary, “bonded” projects whose bonds are ultimately paid for by the people who use them. Again, tax money isnt involved.
(This post was last modified: 12-25-2018 05:00 PM by Longhorn.)
12-25-2018 04:58 PM
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Messages In This Thread
Union Bank & Trust Center Webcam - Potomac - 05-15-2018, 04:01 PM
Union Bank & Trust Center Webcam - Potomac - 05-24-2018, 10:43 AM
Union Bank & Trust Center Webcam - Potomac - 12-24-2018, 07:29 AM
Union Bank & Trust Center Webcam - JMUDunk - 12-25-2018, 11:15 AM
RE: Union Bank & Trust Center Webcam - Longhorn - 12-25-2018 04:58 PM
Union Bank & Trust Center Webcam - Potomac - 12-25-2018, 07:36 PM
Union Bank & Trust Center Webcam - JMUDunk - 01-05-2019, 08:02 AM
Atlantic Union Bank Center Webcam - jmufbs - 02-01-2019, 12:21 PM



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