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USF athletic district gets final approval
A $30-million package of facility upgrades for USF's athletic district got its final approval on Thursday as the state's Board of Governors approved a financing plan for a fixed-rate debt of $23.5-million.
Thursday's approval was the final hurdle for the Bulls to clear before beginning construction on several key projects -- a new basketball practice facility on the south side of the Sun Dome, new stadiums for baseball and softball and three new practice fields for USF's football team.
Under the proposal approved, USF's athletic department is budgeted to pay back about $2.25-million toward the debt annually in the next four budgeted fiscal years. The basketball facility is a 25-year loan, while the rest of the facilities package will be paid off as a 15-year loan. ... Read more
Leavitt calls USF-Apple deal 'extraordinary'
There won't be significant details on USF's educational partnership with Apple Inc. to provide laptop computers to all 461 Bulls student-athletes until next week, when the agreement is formally unveiled. But USF football coach Jim Leavitt commented on the partnership after Thursday's practice.
"I think it's extraordinary what (athletic director) Doug (Woolard) and President (Judy) Genshaft (have
done)," Leavitt said. "I know they worked real hard on this thing, and it's really a
neat deal. It's nothing but positive stuff there."
A few more notes from the comments made at USF's board of trustees meeting Thursday: ... Read more
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