We noted in a post yesterday about a plan for a $50 million football facility. Today's Daily Bruin has a story about the groundbreaking for a new $120 million medical center teaching building about which the Regents raised some questions but eventually rubber stamped, as they always do in the end. And, of course, there is the UCLA Grand Hotel for $152 million, about which the Regents also raised concerns and then rubber stamped. That's just the most recent three projects. As this blog noted, the Regents are rolling along to approval of a new engineering building. So we are creeping - or maybe galloping - into Dirksen territory
Not to worry, of course, because none of this will cost anything to anybody. The state no longer wants to pay for UC capital projects so there will be no cost to the state. And, according to UCLA, all the rest is donations, "reserves," and future revenues that will eventually take care of the costs and can be financed (borrowed).
|Obviously, shovel ready|
But we know the answer to all these questions:
Anybody want to buy a bridge?