(06-26-2019 07:18 AM)Warhawkman Wrote: I don't know if Baton Rouge would let that happen in laffy. Shocked they let it happen here. Still needed BOR approval to get it. Bruno played some very good politics here
Since the medical school being built is a totally private business and has nothing to do with the medical education system of the state I don't think they could do anything except deny the use of the property. This doesn't make sense as any revenue the universities in the state can use to offset the 50+% budget cuts over the last 10 years should be welcome. The university is in effect acting as a leasing agent for the property. I would assume that if the business ever defaulted the university would become owner of any additions buildings constructed by the medical school or maybe the ability to have them tear down any structures as part of the lease.
This shouldn't be handled any different than the University Research Park area of UL's campus which the university acts as a lessor to a number of different businesses in both the public and private sector.
- National Wetlands Research Center (building owned by the USGS)
- Estuarine Habitats and Coastal Fisheries Center (building owned by the NOAA)
-University Hospital & Clinics which was built on university land and in partnership with the State Charity hospital system which is now managed by the Lafayette General health system and used as a teaching hospital for nurses & doctors
-The University Research Park Hotel, which is a Hilton Garden Inn near the Cajundome which is used in the Hotel Management curriculum as a teach center.
- CGI which is a Canadian tech company and anchor client in a new 50,000 sq-ft facility in which 47% of their initial 400 employees are UL graduates. The build was planned with the goal of tripling the number of degrees awarded in the school of Computing and Infomatics.