Beaver Stadium reconstruction thread

[step.eng69]

What is the source of these "state" and "federal" resources, how much are they, and what is the purpose of the monies?

"The university has structured the renovation funding through:
a mix of state and federal resources, loans, fundraising, naming rights, sponsorships, premium seating, and a major philanthropic campaign."

I was under the impression that quotation marks on either side of a sentence, paragraph, etc. indicate the information was mentioned by an individual other than yours's truly.
The source came from the B.O.T. and Kraft; question those persons.
Beaver Stadium is included in a list of historic stadiums targeted by a new Congressional initiative and the University has not requested a state grant, at this time.

 

[RolexKong]

"The university has structured the renovation funding through:
a mix of state and federal resources, loans, fundraising, naming rights, sponsorships, premium seating, and a major philanthropic campaign."

I was under the impression that quotation marks on either side of a sentence, paragraph, etc. indicate the information was mentioned by an individual other than yours's truly.
The source came from the B.O.T. and Kraft; question those persons.
Beaver Stadium is included in a list of historic stadiums targeted by a new Congressional initiative and the University has not requested a state grant, at this time.

So as long as you enclose something you write in quotation marks you have no responsibility for it? You should circulate that in DC.

There is no "Congressional initiative" beyond the formation of a caucus that was formed more than three years ago and has done nothing since. Reminiscent of Joanie Caucus.

 

[Nitt1300]

So as long as you enclose something you write in quotation marks you have no responsibility for it?

I think most people would agree with that. Quoting something clearly means you didn't write it.

 

[SleepyLion]

I think most people would agree with that. Quoting something clearly means you didn't write it.

"usually"

 

[PSUFTG]

"only because politics got in the way of USC's deal...".

Right - that's what we're saying. It was the largest at the time because to that point, no one had been able to sign a larger one. Other than the USC deal, it was also the largest because 100+ other schools hadn't been able to find someone to give them that much money. Otherwise, it wouldn't have been the largest.

It is not even close to the largest - by any measure.

 

[PSUFTG]

I think most people would agree with that. Quoting something clearly means you didn't write it.

Regardless of who quoted who, and what it "means"

The "$700 Million renovation" is being financed with "$700 million of long-term debt".

Any other mental contortions, disingenuous statements, distortions, or lies just aren't worth a hill of beans.

 

[Nittering Nabob]

So as long as you enclose something you write in quotation marks you have no responsibility for it? You should circulate that in DC.

Are you suggesting that the use of faux quotation marks won't nessessarily shield a person from potential libel litigation?

 

[NedFromYork]

This nice young Japanese girl - with an odd voice - has some insight on stadium capacity.

Is that true, will be the biggest when complete? Only temporarily? Not at all. I heard maybe temporarily, this season, but not when finished. Curious is there is any definitive word.

 

[RolexKong]

I think most people would agree with that. Quoting something clearly means you didn't write it.

And when you use something in quotes as evidence to make a case you have no responsibility to test or check its veracity. Like how money to be received over years will be used as a down payment. Guess you can plead ignorance if you've never bought a house or a car.

 

[RolexKong]

Are you suggesting that the use of faux quotation marks won't nessessarily shield a person from potential libel litigation?

Faux or otherwise, I wouldn't go as far as libelous. Maybe ignorance or gullibility. And when the source is Pat Kraft or someone in the Penn State Finance Department, then considerably further.