mast
gobulldogs.com WEB   
 
  • print
  • email
  • font +
  • font -
  • rss

 
 
With the CSU Board of Trustees unanimous approval of the Save Mart Center's financial plan, groundbreaking on the new arena is just around the corner.
With the CSU Board of Trustees unanimous approval of the Save Mart Center's financial plan, groundbreaking on the new arena is just around the corner.
Save Mart Center Financial Plan Approved

In a unanimous vote, the California State University Board of Trustees have approved the financial plan for the Save Mart Center, paving the way for groundbreaking.

March 20, 2001

FRESNO, Calif. - The Finance Committee of the California State University Board of Trustees on Tuesday unanimously (6-0 vote) approved Fresno State's financing plan for the Save Mart Center -- which triggers the construction of the $103 million facility on Shaw Avenue.

Finance Committee Vice Chair Murray L. Galinson commended Fresno State for its extremely conservative financial estimates for the project. "As both a banker and a trustee I like that," he said.

CSU's Chief Financial Officer Richard West called the Fresno project "ambitious and impressive."

Tuesday's committee action is expected to be approved by a vote of the full Board of Trustees in Long Beach on Wednesday.

The approval for the construction of the adjacent west complex that includes a student recreation center, the Leon S. and Pete Peters Educational Research Center, athletics offices, the Lyles Center for Innovation and Entrepreneurship, and other facilities, will be presented to trustees in a few months.