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re: Texas with $271M in Revenues 2023

Posted on 1/17/24 at 5:46 pm to
Posted by ManBearSharkReb
Member since Dec 2018
3812 posts
Posted on 1/17/24 at 5:46 pm to
I thought the Moody Center was owned by the city?
Posted by PapaDunk
Temple
Member since Oct 2023
316 posts
Posted on 1/17/24 at 5:49 pm to
quote:

I thought the Moody Center was owned by the city?


Joint venture.
Posted by BevoBucks
H-town
Member since Dec 2022
4092 posts
Posted on 1/17/24 at 5:53 pm to
Private developers used a $130 million grant by Moody Foundation to offset the $400 m price tag. They operate in conjunction with COA & UT.
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55670 posts
Posted on 1/18/24 at 9:51 am to
quote:

thought the Moody Center was owned by the city?



After more than four failed capital campaigns where only 10% of the money was raised, and donors gave the middle finger to the university. They had to get private funding and give up ownership of the building, and all its revenues for a decade.

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