Members of the investment committee
of the Board of Trustees are making available to alumni a special bond offering
on the former Ramada Inn property that is being converted to student housing
for the fall of 2004.
The investment banker handling the
issue, G.K. Baum and Company, is making it available to alumni only through
Nov. 10.
The College has purchased the
former Ramada Inn at 450 Nott Street
in September to be renovated for student housing and has purchased two adjoining
parcels on which it plans to construct athletic fields for college and
community use. The College will spend $15 million on the project, bringing Union's
total investment in the neighborhood west of campus to $26 million.
For more on the bond offering to
alumni, visit http://www.gkbaum.com/union
For more about the project, visit http://www.union.edu/N/DS/s.php?s=3906.