- 3 charged with burglarizing Scott City bar (10/14/16)4
- Shooting injures two people in Cape early Tuesday (10/19/16)34
- Perry County: A great place to find home away from home (10/14/16)
- Tours provide a glimpse of Cape Girardeau's supposedly haunted past (10/17/16)1
- Cape Girardeau County: A great place to grab a bite (10/14/16)2
- 'I feel for them' (10/20/16)1
- 18-year-old killed in one-car crash Thursday morning (10/21/16)1
- Benton man accused of statutory rape, selling pot (10/20/16)1
- Three weeks and then what? (10/18/16)2
- Suspected attacker of Southeast student apprehended (10/19/16)5
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.