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Lawrence school district must seek city variance to finish construction of LHS scoreboard

For crying out loud, would the people in this neighborhood please get over themselves!!! My goodness, what possible harm is there in having a sign identifying the high school?? These "controversies" being brought forth by the Centennial folks is a waste of time and money ... Why?!?!

First, the lights on the ball parks can't be used because someone may be kept up past 9:00!! Then, no lights on the tennis courts because it may attract the criminal tennis element!! Now, this!!

August 4, 2011 at 7:07 a.m. ( | suggest removal )

Illinois couple donates $10 million to KU School of Engineering

Cynic,

Before passing such judgment on the other families you named, you might also want to understand that each of those families has donated many more dollars to the academic side of the University than they have to Athletics. Donors/donations to Athletics are more well known but giving to academics makes up the lion share of gifts to the University each and every year.

Your righteousness sounds like a child getting upset that his sister gets the last slice of pizza. Never mind that he already ate six pieces and this is only her second!! It's not fair!!!

April 6, 2010 at 1:28 p.m. ( | suggest removal )

Bowen not named to K-State coaching staff

Actually, if you check the facts you might learn differently. No, Coach Bowen will not coach at KSU (thank goodness). But, in fact Coach Bowen declined the KSU offer. Minor detail but it means something to we Lawrence and KU fans....

January 14, 2010 at 7:55 a.m. ( | suggest removal )

Dakota Zinn, 11, is working to get an ice arena built in Lawrence. He's started a letter writing campaign and enlisting local businesses in his quest. Does Lawrence need an ice rink?

It is commendable that this young man is getting behind this project. Good for him!!!

However, if we want to get behind sports facilitites, it should be for sports that a vast majority of youth and adults could benefit from - baseball/softball diamonds and basketball facilities. We spend thousands of dollars per year traveling to, eating in and sleeping in hotels of other cities. All because Lawrence doesn't have enough facilities to host these events.

The idea and energy of this young man is awesome, but, the focus is misguided.

December 24, 2007 at 3:46 p.m. ( | suggest removal )

Stay and play

This boycott idea is short sighted, ill-conceived and contrary to true business sense. It's a wonder some of our downtown businesses doors are still open.

First and foremost, the charge of KU Athletics is to field competitive teams. To do that takes money, and a game in KC provides this. Secondly, the game being in KC provides more exposure to not only KC area athletes but, also those who will watch the game on TV nationally. Playing the game in KC guarantees it being picked up for TV covereage. So, the bottom line is playing the game in KC is better for the football program (and all athtletic teams) from a long-term competitive standpoint. That is the business plan for Kansas Athletics.

So, downtown business owners complain because they only have 7 home games to make money. First, seven home games (let alone eight!!) is a relatively new concept in college athletics so the business owners can't really complain about losing revenue they've been making in the past. Kansas Athletics accomodated the downtown businesses by ensuring there would still be seven home games this season. I know the argument: "But, the 42,000 fans at the Florida International game doesn't compare to the 50,000 that would have attended the Missery game. That's 8,000 fewer potential customers trolling Mass Street." True. But, it is 42,000 MORE than you ever got during six game seasons which were the norm until a year or two ago.

But, perhaps the biggest argument I'd make to these whiny downtown business owners has to do with the competitiveness of the football program in general. A more competitive football team means bigger crowds (see this seasons average attendance for 4 cupcakes - @45,000). Until Lew Perkins and Mangino came along, 45,000 would have been our biggest crowd of the season. With average attendance being about 30,000. At 15,000 per game, we're drawing about 100,000 more fans in attendance during the course of the season than we would have prior to Coach Mangino's presence on campus.

No matter how you slice it, I'd take 100,000 more patrons in my restaurant/bar/shop - no questions asked. Downtown businesses, do the math. The game at Camarohead is better for the football program, which in turn makes it better for you!!! You can continue to whine all the way to the bank!

September 24, 2007 at 9:24 a.m. ( | suggest removal )

Swinging big with business

The fact that these events generate revenue for the community can not be debated.

"all 1,100 hotel rooms in the city are booked this week, which is a summer rarity"
"This is definitely the week out of the year that I would like to own an ice cream stand or a sandwich shop"
"In 2005 leaders estimated it generated $1.7 million in direct spending on hotel rooms, food, gas and entertainment."
"I'd definitely like to see more events like that one," said Khara Loeppke, assistant manager at Maurice's, a downtown clothing store. "It helps our business out tremendously."

And, adding more/better facilities will only increase these revenues. Wouldn't you like for the $1.7 million in increased economic impact to hit Lawrence on a weekly basis, not just once a year?

The reason why no single investor will put up the cash for the facilities is that the facilities themselves don't generate cash for themselves. The cash influx is spread throughout the entire community. So, while Maurice's has a great sales weekend, they alone don't make enough to finance the projects. Is this not where our community leaders step in to say: "This is better for the greater good of all Lawrence residents. Therefore, we will invest in this project that will directly impact our entire community."

Simple economics. Unless you are afraid of change. In that case, we'll continue to spend our $2,000-3,000 a year to play baseball/football/basketball tournaments in such exotic locations as Pittsburg, Salina and Hays!!!

July 16, 2007 at 3:15 p.m. ( | suggest removal )

Sales tax gains favor among commissioners

FYI...

Spent another $100 on gas, $150 on food and $50 in entry fees playing a baseball tournament in KC this weekend. Multiply that by the 12 kids on our team and that is $3,600 sent out of town because of a lack of faciltities. (And, there are four other Lawrence teams playing in the same tournament. (So, that's about $15,000 in business leaving Lawrence this weekend alone.)

We'll do this four times this year. Add in one trip that requires two nights hotel stay and you can now add another $2,000 to the team total. So, our team will take approximately $17,000 in economic business out of Lawrence this summer because we lack in facilities.

Wouldn't it be nice to have this money coming into town instead of leaving town. I'm pretty sure the increase in my annual sales tax bill will be offset by the gas savings alone!!!

June 16, 2007 at 11:35 a.m. ( | suggest removal )

KU Endowment ranks No. 20 among public universities

KU Endowment doesn't have any "pet" projects that they decide to fund. That statement is the complete antithesis of successful fund raising. Fund raising is a donor driven business. Donors decide what their money will be used to benefit. Essentially, KU Endowment serves as the banker for this transaction. And, instead of earning profits, they earn more money for the University.

Yourworstnightmare, the purpose of growing the principal is not to screw the university, it is to ensure that the endowed fund stays abreast of inflation. If the $500,000 principal in the professorship fund used in our example stayed the same, the fund would grow less valuable (to the point of uselessness) over time. The $25,000 in interest is sufficient now. But, if the principal is not grown as well, you're hosed. $25,000 won't be worth as much money in 20 years.

And, I'll also add that when new building projects are undertaken using private gifts, they almost always include a certain amount of principal that will support maintenance.

January 23, 2007 at 10:58 p.m. ( | suggest removal )

KU Endowment ranks No. 20 among public universities

It is easy to say KU Endowment should just write a check. But, that is not how it works. I'd venture that 98% of the $1 billion in endowed funds has been allocated for spending in a particular area. Contrary to popular belief, they are not simply sitting ona pile of cash to do with as they please.

The example illustrated above is a perfect explanation for this. Gifts are made by individual donors/alums to benefit a specific project or area. So, a $500,000 gift is made to create a professorship. None of that money will EVER be spent, rather, it will generate roughly $25,000 in interest each year to benefit the specific professorship in perpetuity. Forever!

This is how a greater university is built for the long run. Now, if you all know someone who is willing to make a $10 million gift to endow a building maintenance fund, I'm sure it would be appreciated. That would throw off about $500,000/year for building maintenance.

January 23, 2007 at 9:17 a.m. ( | suggest removal )

Would a visit by President Bush sway your vote for Congress?

In a negative way!!!! Anyone he supports, I'm against.

November 1, 2006 at 1:38 p.m. ( | suggest removal )

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