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Funding of UVM Multi-Purpose Athletic Complex

Photo: UVM Athletics

The UVM Board of Trustees approved a unanimous resolution in October regarding how the proposed Multipurpose athletic facility will be funded. The payment strategies mentioned by the proposal include gifts, bonds, credit, and student fees. UVM is reported as having secured $21.8M from donors so far with a goal of $30M by Feb 1.

The project itself includes construction of a new basketball arena, expanded fitness center, expanded health and wellness spaces, renovations to Gutterson arena, and complex-wide renovations. Read the full article in the Vermont Cynic HERE!

-Alec, LipVT

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