- Man accused of setting fire to Delta bar; posted photos of it burning on Facebook (9/17/17)5
- McClure man accused of leaving children in hot truck while gambling in casino (9/19/17)1
- Say Cheese: The story behind the famous sandwiches at the East Perry Fair (9/22/17)
- New boutique store advocates for special-needs people (9/19/17)
- Anne Limbaugh dies, leaves legacy of caring (9/22/17)
- Planet Fitness to anchor Town Plaza shopping center (9/18/17)2
- Former major-league slugger Darryl Strawberry to speak at La Croix (9/20/17)
- Mo. conservation agents help fight fires in western U.S. (9/15/17)
- Retailer may come to Jackson; rezoning needed first (9/17/17)2
- Young entrepreneurs add fresh ideas, unique offerings for area market (9/18/17)
Bonds for Mizzou Arena not the same
To the editor:
I read the article comparing the Mizzou Arena bonds to those for Southeast Missouri State University's River Campus. The statement "The University of Missouri project mirrors Southeast's River Campus funding mechanism" [attributed to Mike Lause, counsel for the Missouri Health and Educational Facilities Authority] is completely false.
The Mizzou Arena bonds are the state's portion of the project. It is not the total cost of the Mizzou Arena. A specific resolution for the Mizzou Arena was passed in the legislature that the state would provide a portion of the project costs as a match for the Laurie gift. The state issued bonds to cover our portion with the first payment occurring this year. The Mizzou Arena was started only after a guarantee of state funding. The River Campus has never received any such guarantee, yet the project was bonded by Southeast without this guarantee. There is no comparison between how the two projects were funded with state support. Any assertion to the contrary is not accurate.
State Rep. CARL BEARDEN, 16th District, St. Charles, Mo.