This mornings Eugene Register Guard Newspaper has a news story about the new arena
SALEM — The Legislature’s top budget-writing panel gave the University of Oregon’s plan for a new basketball arena a key endorsement Thursday that could set the stage for its ultimate approval.(To read the rest click on the title for a link.)
Although some members of the interim Joint Ways and Means Committee sought assurances that the arena won’t be a drain on the athletic department or the university budget, they ultimately were satisfied that the project would pencil out. Only two members on the 19-member panel voted against approval, and none spoke against it.
Committee approval is a major milestone. The arena bonds now will be packaged with other construction measures for a vote by the full Legislature in February, and because lawmakers must vote the entire package up or down, items that are likely to draw significant opposition typically are not included to avoid jeopardizing the entire bill.
This project is moving forward due to the hard work of UofO President Dave Frohnmayer, Athletic Director Pat Kilkenny , Nike's Phil Knight and Jim Bartko of the Athletic Department. Thanks!
