- A Whopper of an honor: Local company named top Burger King franchisee (11/15/17)3
- Decisions coming soon on steel mill, smelter in New Madrid (11/17/17)1
- Cape attorney Brandon Cooper to run for judge (11/20/17)2
- State audit: Bollinger County tax levies violate state law; county commission disagrees (11/17/17)3
- Cape native co-directs Thanksgiving-related indie film, 'Drinksgiving' (11/17/17)
- The Tungsten Groove to release first album featuring original songs (11/17/17)
- Southern Illinois farmer's grapevines destroyed by dicamba; four years of work lost (10/29/17)2
- 1 dead, 3 hurt in accident on Highway 72 (11/19/17)
- Son of Westboro Baptist Church patriarch discusses abuse, faith (11/15/17)7
- Crowell leads effort to cut low-income tax credits in Missouri (11/19/17)6
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.