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Thread: Twitter: C-USA Best Stadium Contest

  1. #16
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    Re: Twitter: C-USA Best Stadium Contest

    Quote Originally Posted by Exes&Ohs View Post
    Our problem is lack of money. The student facility enhancement fee is a HUGE factor in our program in that it is used to pay off the bonds that were issued to construct the south end zone facility. The bond payoff annually is about $650,000, 20yr or so to go, which leaves around $500,000 annually of the student fee that has been used to upgrade parking, etc. Thats a pretty hefty amount but we have to keep in mind that the pressbox and suites required a loan from the foundation to the athletic dept for about $11,000,000. That amount was projected to be paid off by suite rentals, etc but that hasnt really materialized so we must refrain from spending the excess student fees holding them basically in escrow to cover the press box expansion. What a complicated web we have woven.
    Yeah, well … SOME members of this board insisted at the time that it was a poor investment.

    But they were laughed off because everyone knows that lithe, sweaty 16yo boys love them some pressboxes and luxury suites.

  2. #17
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    Re: Twitter: C-USA Best Stadium Contest

    The old press box was embarrassingly small and outdated. It made our stadium look like a high school stadium (or worse). The new press box/suites looks fantastic and was sorely needed.

  3. #18
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    Re: Twitter: C-USA Best Stadium Contest

    Money is money whether its from small donors or large. Not something understood or maybe embraced by our current AD either.

  4. #19
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    Re: Twitter: C-USA Best Stadium Contest

    Here's my take on all of this...

    Yes, the new press box looks great, as do all the other wonderful improvements. Kudos to all of those who have contributed, planned, made it all happen!!! Aillet is a "nice" stadium, much improved from its early days, with room for more improvements.

    And, we have some angst about our current AD, and AD's in the past, and their roles in all of this. And we see varying opinions about our prezzes, from Taylor to Reneau to Guice, and their roles in Tech's athletics over the years. Some good, some bad....ups and downs.

    From my humble POV, since the first day I personally set foot in Aillet, attended my first game there in 1976, which of course was somewhere between the 40's, east side, we are "arguing" from a higher plain up the mountain. Yes, the summit is still above us, we haven't reached the top. But, we can look down and see the valley waaaay below us too. Meaning we have made progress. I like that we have folks who dream big and keep pushing and pushing for more improvements, not only in the stadium, but overall in the athletic department too.

    I am one who thinks we need a better AD. That's my personal opinion. Using the mountain scenario, clearly TMAC has reached his peak and is incapable of climbing higher. When people climb Mt. Everest they do so in stages. There are base camps at different elevations, and some climbers reach one, say at 18,000 feet, and can go no further. After a few days of trying to acclimate to the low oxygen and harsh conditions they find they can't....and turn around and head back down the mountain. TMAC is at one of the lower base camps, peaked out. Tech needs a new leader, capable of reaching that 26,000 foot summit.

    Still, let's take the "glass is half full" perspective. We have made progress, and now we argue, lament about this and that....but from much higher up the slope. And....that is good.

  5. #20
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    Re: Twitter: C-USA Best Stadium Contest

    Quote Originally Posted by dawg80 View Post
    I am one who thinks we need a better AD. That's my personal opinion. Using the mountain scenario, clearly TMAC has reached his peak and is incapable of climbing higher. When people climb Mt. Everest they do so in stages. There are base camps at different elevations, and some climbers reach one, say at 18,000 feet, and can go no further. After a few days of trying to acclimate to the low oxygen and harsh conditions they find they can't....and turn around and head back down the mountain. TMAC is at one of the lower base camps, peaked out. Tech needs a new leader, capable of reaching that 26,000 foot summit.
    Really good analogy. I feel this way about Holtz as well. It's good that they got to the base camp! But many are satisfied with just setting foot on the mountain.

  6. #21
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    Re: Twitter: C-USA Best Stadium Contest

    Just please get rid of the trailer house siding! That can’t be too expensive can it?

  7. #22
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    Re: Twitter: C-USA Best Stadium Contest

    Quote Originally Posted by Exes&Ohs View Post
    Our problem is lack of money. The student facility enhancement fee is a HUGE factor in our program in that it is used to pay off the bonds that were issued to construct the south end zone facility. The bond payoff annually is about $650,000, 20yr or so to go, which leaves around $500,000 annually of the student fee that has been used to upgrade parking, etc. Thats a pretty hefty amount but we have to keep in mind that the pressbox and suites required a loan from the foundation to the athletic dept for about $11,000,000. That amount was projected to be paid off by suite rentals, etc but that hasnt really materialized so we must refrain from spending the excess student fees holding them basically in escrow to cover the press box expansion. What a complicated web we have woven.
    I appreciate what you've posted on this, but I don't think it's quite so dire.

    Tech was hoping to raise enough money from suite rentals to pay off everything in just a few years. Our leadership had to negotiate with potential suite holders, and the market didn't allow Tech to bring in those types of dollars. Then, as I understand it, some of the money from suite rentals is going back into the budget. The facility enhancement fee is covering the payments from a relatively small internal loan. It's not anything out of the ordinary.

    The fact is Tech is very conservative when it comes to these types of things. I would even call it ultra conservative - to a fault in my opinion. As a university Tech has very little bonded debt and has stayed away from debt at almost all costs over the decades. There are downsides to that type of thinking.

    We have students fees that are way too small. And facilities plans that are often piecemeal and can be described as anything but ambitious.

  8. #23
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    Re: Twitter: C-USA Best Stadium Contest

    Quote Originally Posted by The Historian View Post
    We have students fees that are way too small.
    I guess the fees can be considered too small unless you are the one paying them....

    Estimated Fee Charges: Fall 2018
    BEGINNING BALANCE 0.00
    2010 UNDG TUITION 10 HR 0726 1,851.00 1,851.00
    2030 UNDG FEES 10 HR 0726 1,234.00 3,085.00
    2690 LAGNIAPPE FEE 0726 30.00 3,115.00
    2640 TECHNOLOGY FEE-10HRS 0726 50.00 3,165.00
    2590 ENERGY SURCHRGE-10HR 0726 80.00 3,245.00
    2630 ENGINEERING/SCIENCES 0726 60.00 3,305.00
    2625 E&S LAB SUPPORT FEE 0726 70.00 3,375.00
    Ending Balance 3,375.00

  9. #24
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    Re: Twitter: C-USA Best Stadium Contest

    Fortunately LA Tech just finished its largest two Freshman Orientation classes back-to-back in the history of the school. This Fall will be Tech's largest enrollment ever which should raise some significant fees revenue.

  10. #25
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    Re: Twitter: C-USA Best Stadium Contest

    Quote Originally Posted by DogsWin View Post
    Fortunately LA Tech just finished its largest two Freshman Orientation classes back-to-back in the history of the school. This Fall will be Tech's largest enrollment ever which should raise some significant fees revenue.
    Great, and we'll pack even more students between the 40's East Side on gameday!

  11. #26
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    Re: Twitter: C-USA Best Stadium Contest

    Quote Originally Posted by dawg80 View Post
    Great, and we'll pack even more students between the 40's East Side on gameday!
    I hope our admin has been hard at work to put together some good incentives to get them hooked!

  12. #27
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    Re: Twitter: C-USA Best Stadium Contest

    Quote Originally Posted by techman05 View Post
    I hope our admin has been hard at work to put together some good incentives to get them hooked!
    They aren't doing it with scheduling. The OOC games for the incoming freshman class during their 4 years at Tech as of now will be against two SWAC teams, U Mass and SMU. That's pretty sad. We need at least one marquis OOC home game a year. Not sure if any over the next 4 years would qualify.

  13. #28
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    Re: Twitter: C-USA Best Stadium Contest

    Quote Originally Posted by kbm86 View Post
    They aren't doing it with scheduling. The OOC games for the incoming freshman class during their 4 years at Tech as of now will be against two SWAC teams, U Mass and SMU. That's pretty sad. We need at least one marquis OOC home game a year. Not sure if any over the next 4 years would qualify.
    What about free pizza or Canes? Surely they will work.

  14. #29
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    Re: Twitter: C-USA Best Stadium Contest

    Quote Originally Posted by kbm86 View Post
    We need at least one marquis OOC home game a year.

  15. #30
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    Re: Twitter: C-USA Best Stadium Contest

    I'm all for playing the Warchickens if there is no return games in Monroe.

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