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T.J. Lang comes through big time with 500K pledge
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emu steve Offline
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Post: #1
T.J. Lang comes through big time with 500K pledge
for the building project.

Wow. Thanks and good luck with the Lions.

http://emueagles.com/news/2017/4/12/foot...etics.aspx
04-12-2017 11:38 AM
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emu steve Offline
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RE: T.J. Lang comes through big time with 500K pledge
If I were EMU athletics I would propose:

In return for say 35M of bonds for construction:

1). Promise to deliver up front (over 5 years) to the university general fund, say 15M cash (from donors),

2). Agree to vacate building and other space at Bowen to the university.

EMU would float 35M of say 30 year bonds payable at say 1.5M / year.

For the first five years, EMU general fund would receive more income (from donors through the athletic department) than debt service. Very attractive to the U over the first five years.

Sounds like a plan? P.S. How else would EMU could up with say 35M in a few years to pay for this project???
(This post was last modified: 04-12-2017 12:14 PM by emu steve.)
04-12-2017 12:08 PM
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EagleTough Offline
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RE: T.J. Lang comes through big time with 500K pledge
Wow, that's awesome.......Thanks TJ!

"As permanent recognition of the Lang's generosity, the Strength & Conditioning room within the Power2Change Center will be named the "Thomas J Lang Strength & Conditioning Center"


I may be psychic??????...........haha


"The momentum builds! What a selfless act to donate his money in honor of the Parks family. Thanks Dan.

Would be nice to see TJ Lang get on board, now that he's back in town, and with another 30 million in his pocket.

The TJ Lang Strength & Conditioning Center.......for a million."


What are the odds we get some nice local press from this?
(This post was last modified: 04-12-2017 01:09 PM by EagleTough.)
04-12-2017 01:06 PM
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EAGLE KING Offline
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T.J. Lang comes through big time with 500K pledge
Way to go TJ!!!!!! Glad to have you back home!


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04-12-2017 01:16 PM
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emu79 Offline
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RE: T.J. Lang comes through big time with 500K pledge
Where are we at in terms of total?

Thanks TJ wonderful gift, somewhere Eagle Warrior is smiling down. Miss him on this board.
04-12-2017 01:17 PM
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Luckeyone Offline
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RE: T.J. Lang comes through big time with 500K pledge
Thanks TJ!!!!
04-12-2017 06:07 PM
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emu steve Offline
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RE: T.J. Lang comes through big time with 500K pledge
(04-12-2017 01:17 PM)emu79 Wrote:  Where are we at in terms of total?

Thanks TJ wonderful gift, somewhere Eagle Warrior is smiling down. Miss him on this board.

A MLive article indicates it was near 10M last month.

http://www.mlive.com/eagles/index.ssf/20...iver_index

This is still, supposedly, the 'silent' phase which precedes the public phase.
(This post was last modified: 04-14-2017 06:38 AM by emu steve.)
04-14-2017 06:35 AM
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