The following document has been retyped
from the original provided by Athletic Director Bill Moos
bmoos@oregon.uoregon.edu,
Casanova Athletic Center; 541-346-5464. The
scanned versions are available and should be regarded as normative: Page one and Page two
University of Oregon
Autzen Stadium Expansion & Renovation
Executive Summary - Financial Data
Project: Expansion and renovation of University of Oregon
Autzen Stadium including:
Addition of more than 12,000 seats, increasing seating capacity to 53,800
Increased accessibility
Improved food service and restroom facilities
Chair-back seating (5,000 seats)
32 additional Private Sky Suites
Construction:
-
Start date - Spring 2000
-
Completion date - Summer 2002
-
Total cost: Design, Construction and Administration: $80,000,000
Funding:
-
Private Gifts
-
$53,000,000 (66%) Anonymous gifts, committeed
-
$15,000,000 (19%) Fund-raising/naming rights
-
$68,000,000 (85%) Private gifts Sub Total
-
New Seat & Private Sky Suite Acesssments
-
$10,000,000 (13%)
-
Additional ticket sales: New seats;
-
$ 2,000,000 (2%) ticket price increase; Sky Suite sales
-
Total Construction Cost
-
$80,000,000
Financing: Private gift fund-raising/naming rights may be paid over
a ten-year period. New seat and Private Sky Suite assessments are payable
over a five-year period. Financing up to a maximum of approximately $20
million may be required. Borrowed funds will be repaid during the ten-year
period that gifts are received. Payment will be a maximum of approximately
$2.5 million per year.
Financing Scenario:
Cash Flow (in millions)
|
Construction |
Years |
Years |
|
| Revenue Source |
2 years |
3-6 |
7-12 |
Total |
| Major Gifts Committed |
$53.0 |
|
|
$ 53.0 |
| Fund Raising - Naming |
$ 2.3 |
$ 5 |
$ 7.7 |
$ 15.0 |
| Assessments |
$ 2.5 |
$ 7.5 |
|
$ 10.0 |
| Additional Seats/price inc |
$ 2.5 |
$18.0 |
$27.0 |
$ 47.5 |
| Financing |
$19.7 |
|
|
$ 19.7 |
| Sub-total |
$80.0 |
$30.5 |
$34.7 |
$145.2 |
| Construction/Debt Service |
($80) |
($10.0) |
($15.0) |
($105.0) |
| Total |
0 |
$20.5 |
$19.7 |
$ 40.2 |
Future Athletic Department needs: Future revenue from Autzen
Stadium expansion will be used to meet the following Athletic Department
Needs:
-
Stadium operating expense increases
-
Athletic's sport and department operating increases
-
Gender Equity -
-
enhancing current women's sports
-
additional women's sports
-
Reduction of University funding support to Athletics
-
Additional Athletic facilities related to sports enhancements.
Web page spun on 15 December 1999 by
Peter
B Gilkey 202 Deady Hall,
Department of Mathematics
at the
University of Oregon, Eugene OR 97403-1222, U.S.A.
Phone 1-541-346-4717
Email:peter.gilkey.cc.67@aya.yale.edu
of
Deady Spider Enterprises