One explanation is that the projects have
been in the pipeline 5-10 years and the bonds have already been floated. That is not true for the proposed UCLA
hotel/conference center. Bonds have not
been floated. And although the planning timeline
is fuzzy due to contradictory statements from UCLA authorities, no one has
suggested the project has been in the works for 5-10 years.
Another explanation offered is that the
construction projects underway on UC campuses are dorms and parking garages
that pay for themselves. That is not
true of the hotel/conference center which – even with the overoptimistic
business plan – has to be subsidized by both a donation and various costs
shifted to parking and other sources.
Most significantly, Yudof says that when
donors absolutely insist on having a particular building constructed, UC
reluctantly will go along. The
hotel/conference center was not something the donors came to UCLA and insisted
on. UCLA has never even made that claim. The fact is that the project was proposed by
UCLA to the donors and not the reverse.
The fact is that the hotel does not fit any of the Yudof explanations.
You can listen to the audio at the link below. The statement about reluctantly accommodating
donors who insist on a part building occurs just after one minute into the
audio.
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