Posted September 16, 200618 yr From the 9/15/06 Youngstown Vindicator: Projects of up to $60M on table A new $30 million business school is at the top of the project list. By HAROLD GWIN VINDICATOR EDUCATION WRITER YOUNGSTOWN — Youngstown State University will consider borrowing as much as $60 million to spend on campus improvements as part of its 2008 centennial capital plan. Although no decisions have been finalized on the scope of those projects or just how much will be spent, the university's board of trustees heard a report Thursday from an investment counseling firm, NatCity Investments, Inc., that said YSU could comfortably handle borrowing $40 million to $60 million through a bond issue. Dr. David C. Sweet, YSU president, said his administration plans to present a list of possible projects, work time frames, estimated costs and targeted funding sources to the board of trustees before its December meeting. [email protected] For the full article, visit: http://www.vindy.com/content/local_regional/289276715168903.php
December 28, 200618 yr Both from the 11/27/06 Youngstown Vindicator: Trustees consider borrowing $58 million for improvements The university has already completed other projects totaling $26 million. By HAROLD GWIN VINDICATOR EDUCATION WRITER YOUNGSTOWN — The Youngstown State University Board of Trustees is looking at borrowing more than $58 million to help finance $101 million in campus improvements. That's the projected share of the total program cost that the university will have to come up with, if the trustees decide to move forward with the centennial master plan as proposed by the administration. The plan isn't final yet, and the trustee's Finance and Facilities Committee is scheduled to address the issue at a meeting Thursday. [email protected] For the full article, visit: http://www.vindy.com/content/local_regional/322980560917003.php MAJOR ITEMS Centennial plan Youngstown State University is looking at an ambitious $101 million campus improvement plan for its 2008 centennial. For the list of major items on the proposed project list, visit: http://www.vindy.com/content/local_regional/305288325311794.php
December 28, 200618 yr From the 12/1/06 Youngstown Vindicator: Committee proposes $18M cut in loans for centennial projects Some projects on the campus improvement list will be postponed. By LINDA M. LINONIS VINDICATOR STAFF WRITER YOUNGSTOWN — Youngstown State University trustees' finance and facilities committee now proposes borrowing $40 million for a centennial master plan, rather than the $58 million previously discussed. Hunter Morrison, the university's Center for Urban and Regional Studies director, said the lower figure reflects putting some projects on hold. "The projects still reflect YSU's commitment," Morrison said. ... For the full article, visit: http://www.vindy.com/content/local_regional/326670078154948.php
December 28, 200618 yr From the 12/14/06 Youngstown Vindicator: $40M bond issue to help projects The university will borrow as much as $40 million to help finance the work. By HAROLD GWIN VINDICATOR EDUCATION WRITER YOUNGSTOWN — Payroll savings generated by an early-retirement incentive program negotiated with Youngstown State University's classified employees last year may be used to fund the university's centennial master improvement plan. The YSU Board of Trustees voted Wednesday to authorize borrowing up to $40 million in a bond issue to help fund $82 million in campus improvement projects over the next six years, all tied to the university's 100th anniversary in 2008. Other funding sources are: $34 million in state capital funds, nearly $3.4 million in philanthropic gifts, $2.8 million in internal funds and about $1.2 million in federal grants. Indications are that employee cost savings from the retirement incentive will be more than sufficient to cover the debt service on the $40 million in bonds. [email protected] For the full article, visit: http://www.vindy.com/content/local_regional/364184937799771.php
April 23, 200718 yr From the 1/30/07 Jambar: Master plan leaves Wick-Pollock in shadows Jenny Boyce Issue date: 1/30/07 Section: pageone Youngstown State University's $131 million Centennial Master Plan - which includes renovations to campus buildings and establishing a symbolic link between the university and downtown Youngstown - does not include renovation to the long-deserted Wick-Pollock Inn anytime soon. The construction of the University Courtyard Apartments in 2003 and the addition of the Andrews Student Recreation and Wellness Center in 2005 are two completed projects to YSU's Master Plan. YSU administrators announced the Wick-Pollock Inn renovations two years ago, saying that they were to begin in late 2005 or early 2006. The lack of attention to the inn has not gone unnoticed. The Jan. 12 edition of the Tribune Chronicle referred to the Wick Pollock Inn plan as a "flub," while YSU's Student Government Association took initiative on reactivating the inn's garden last semester. For the full article, visit: http://www.thejambar.com/media/storage/paper324/news/2007/01/30/Pageone/Master.Plan.Leaves.WickPollock.In.Shadows-2685987.shtml
April 23, 200718 yr From the 2/2/07 Youngstown Vindicator: Negotiations to begin for business school The business school is slated to be ready for students in fall 2009. YOUNGSTOWN — Youngstown State University will enter into negotiations with Strollo Architects Inc. of Youngstown to design the new $30 million Williamson College of Business Administration building. The YSU Board of Trustees' Finance and Facilities Committee unanimously agreed Thursday to rank Strollo, in association with Perkins & Will, as the No. 1 proposal received by the university for the project. The university will now negotiate a contract with Strollo. For the full article, visit: http://www.vindy.com/content/local_regional/298153951225724.php
April 23, 200718 yr From the 2/6/07 Jambar: YSU constructs contract with architects Adrienne Sabo Issue date: 2/6/07 Section: pageone The Youngstown State University Board of Trustees Finance and Facilities Committee selected Strollo Architects and Perkins and Will to enter into contract negotiations for the new Williamson College of Business Administration. The final contract will be up for approval at the full Board of Trustee meeting. Rodney Lamberson, principal vice president of Strollo Architects and project manager for the new business college, said that the team is "delighted" to begin contract negotiations with YSU. "It is a very exciting opportunity for YSU and the region. This has the opportunity to serve as a link," Lamberson said. For the full article, visit: http://www.thejambar.com/media/storage/paper324/news/2007/02/06/Pageone/Ysu-Constructs.Contract.With.Architects-2700893.shtml
April 23, 200718 yr From the 2/16/07 Youngstown Vindicator: Board approves city land purchase This is the first property sale deal related to the redevelopment project. By DAVID SKOLNICK CITY HALL REPORTER YOUNGSTOWN — The city's board of control approved a $202,000 land purchase of a North Phelps Street apartment complex that Youngstown State University plans to use as part of its new College of Business Administration. The agreement, approved Thursday, with Earl Calvin of Canfield, the complex's owner, permits his current tenants at 224 N. Phelps St. to have up to six months to move. YSU plans to demolish the 87-year-old apartment complex. YSU wants to use the 0.088 acre parcel for either its proposed $30 million College of Business Administration or the building's parking lot. [email protected] For the full article, visit: http://www.vindy.com/content/local_regional/337627986094872.php
April 23, 200718 yr From the 3/10/07 Youngstown Vindicator: Panel to plan new science facility By HAROLD GWIN VINDICATOR EDUCATION WRITER YOUNGSTOWN — Youngstown State University's president agrees that the school needs a new science building, but he has no timeline for when that might occur. Dr. David C. Sweet issued a memo to science faculty this week saying that planning has begun for a new building, noting that YSU's creation of a College of Science, Technology, Engineering and Mathematics this fall provides an opportunity to build a case documenting the need and benefit of a new facility. [email protected] For the full article, visit: http://www.vindy.com/content/local_regional/368133248080477.php
April 23, 200718 yr From the 3/17/07 Youngstown Vindicator: Investment firms chosen to handle $40M bond issue By HAROLD GWIN VINDICATOR EDUCATION WRITER YOUNGSTOWN — Youngstown State University's $82 million centennial master improvement plan has moved a step closer to reality with the naming of two investment firms to handle a $40 million bond issue for the project. The Finance and Facilities Committee of the YSU Board of Trustees voted Friday to endorse the university Underwriter Selection Committee's recommendation that two bond underwriters be hired to handle the borrowing of bond funds. ... [email protected] For the full article, visit: http://www.vindy.com/content/local_regional/348036034549654.php
April 23, 200718 yr From the 3/27/07 Youngstown Vindicator: Funding OK'd for property purchase The university already owns more than 85 percent of the properties in the area. By MARC KOVAC VINDICATOR CORRESPONDENT COLUMBUS — The state approved funding for Youngstown State University to purchase parcels totaling more than an acre as part of an effort to redevelop blighted areas around campus. The state controlling board, without comment, agreed to release about $47,000 for the properties... ... [email protected] For the full article, visit: http://www.vindy.com/content/local_regional/322884434682139.php
April 23, 200718 yr From the 4/10/07 Youngstown Vindicator: State OKs $1.6M for YSU cleanup The money will fund demolition of blighted properties near campus and construction of pedestrian plazas. By MARC KOVAC VINDICATOR CORRESPONDENT COLUMBUS — State officials have approved release of about $1.6 million for ongoing redevelopment at Youngstown State University. The effort includes the purchase and demolition of deteriorated properties next to campus and the construction of pedestrian plazas and gateways, according to state documents. ... [email protected]. For the full article, visit: http://www.vindy.com/content/local_regional/290595432119476.php
April 23, 200718 yr From the 4/17/07 Jambar: Second phase of East Campus Gateway Project begins this month Jenny Boyce Issue date: 4/17/07 Section: News The second phase of Youngstown State University's East Campus Gateway Project begins this month, after the State Controlling Board approved the release of $1.6 million for the next step in the university's Master Centennial Plan. The money funding the project is from the state capital budget, which is one-time money that is restricted for use on capital improvement projects and cannot be used to fund operational expenses, said YSU's Manager of News and Information Services Ron Cole. ... For the full article, visit: http://www.thejambar.com/media/storage/paper324/news/2007/04/17/News/Second.Phase.Of.East.Campus.Gateway.Project.Begins.This.Month-2846272.shtml
April 23, 200718 yr Both from the 4/20/07 Youngstown Vindicator: NCB gives $300,000 to YSU The money is earmarked for a new building for YSU's business college. By HAROLD GWIN VINDICATOR EDUCATION WRITER YOUNGSTOWN — For banker Garry Mrozek, handing Youngstown State University a check for $300,000 was kind of like keeping the money all in the family. Mrozek, president of National City Bank, Northeast, is a YSU graduate — twice. He earned both bachelor's and master's degrees in business administration, and the $300,000 gift from National City Bank will go toward building a new Williamson College of Business Administration. [email protected] For the full article, visit: http://www.vindy.com/content/local_regional/295269569669811.php YSU FUND DRIVE | Centennial Campaign The Youngstown State University is seeking to raise $43 million in a five-year campaign to fund various campus improvements and programs as part of its 2008 centennial celebration. Here's where the money will go: For the full list, visit: http://www.vindy.com/content/local_regional/301841297213632.php
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