Started By
Message
re: Kyle Field and other Facility Upgrades
Posted on 8/14/13 at 1:10 pm to tmc94
Posted on 8/14/13 at 1:10 pm to tmc94
Was looking for the official funding info on Kyle and once I found it I figured I'd post it here. Kyle Field Official Doc
Funding Source 1: $75,000,000 (RFS Bonds, Student Fees /Ticket Revenue)
Funding Source 2: $231,850,000 (RFS, Seat License Revenue)
Funding Source 3: $18,150,000 (RFS, Facility Access Agreement Revenue)
Funding Source 4: $121,000,000 (Capital Gifts)
Funding Source 5: $4,000,000 (Gifts)
Funding Source 1: $75,000,000 (RFS Bonds, Student Fees /Ticket Revenue)
Funding Source 2: $231,850,000 (RFS, Seat License Revenue)
Funding Source 3: $18,150,000 (RFS, Facility Access Agreement Revenue)
Funding Source 4: $121,000,000 (Capital Gifts)
Funding Source 5: $4,000,000 (Gifts)
1
Posted on 8/14/13 at 1:18 pm to tmc94
Reason I was looking for this was to do math on where we might be...
114 Suites @ approximately $2m per = $228m (80% of the suites were between $1m-3m per TMF and 12 were $10m+)
Student use fee = $75m
City of CS tax hike = $36m
Prime West Legacy Club @ $15k/seat = $15m (swagging # of seats)
Prime West Field Box @4k/seat = $8m
West Legacy Club @10k/seat = $15m
Loge boxes @5k/seat = $7.5m
That would be $384.5m only counting the super high end seating. I think it's extremely likely we'll have the entire $450m committed before this season starts without counting any Seat License Revenue which would then be funneled into OpEx.
114 Suites @ approximately $2m per = $228m (80% of the suites were between $1m-3m per TMF and 12 were $10m+)
Student use fee = $75m
City of CS tax hike = $36m
Prime West Legacy Club @ $15k/seat = $15m (swagging # of seats)
Prime West Field Box @4k/seat = $8m
West Legacy Club @10k/seat = $15m
Loge boxes @5k/seat = $7.5m
That would be $384.5m only counting the super high end seating. I think it's extremely likely we'll have the entire $450m committed before this season starts without counting any Seat License Revenue which would then be funneled into OpEx.
Page 1 of 1
Latest Texas A&M News
Popular
Back to top
Follow SECRant for SEC Football News