It is too early in the planning to estimate the costs. The Partners’ first job will be to determine what can and will be built on the site. We estimate that half of the 100 acres earmarked for the university is “buildable,” but even that figure is open to interpretation. Of course, not all [...]
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The major vehicle for new building construction financing will likely be based on a business plan with a tuition and fees structure designed to recover all costs of campus operations and building leases. This is primarily the result of a zero probability of state funding during the initial years of campus construction and operation. [...] Several members of the HFHE board were involved nearly three years ago in a major fundraising effort for the City’s new business park. A professional firm, Resource Development Group of Phoenix, was contracted to assist in that effort which secured $1.8 million in pledges. Some in-formation on that project can be found on the [...] The HFHE board includes a representative from the county seat in Kingman. A representative may be added from Bullhead City, which is the third key city in Mohave County. While the new university will have an exceedingly positive impact on the entire county, communicating that potential will likely be difficult. The Marketing Study and [...] The Partnership for Economic Development has considerable information available on its website on area population http://www.lakehavasu.org/ The Lake Havasu City population as of June 1, 2006 was 54,610 according to the U.S. Census Bureau. Bullhead City was next at 39,930 and Kingman was 27,635. An additional 72,095 live in unincorporated area. The [...] Lake Havasu City is known for tourism and new home construction as the primary industries. However, in a report published by the PED in 2006, the annual economic output of the local marine industry of Lake Havasu City alone equaled $191 million. The annual payroll of the marine industry was $29,646,808. With such performance, [...] City Council: At a City Council meeting 9-26-06, Arizona State Parks Board chair Bill Porter (a Kingman attorney) spoke on the Contact Point State Park proposed marina. He said, “… he had been preaching for years on the dangerous situation with the over-crowded launching facilities in Lake Havasu City.” “He said State Parks has [...] Mohave Community College (MCC) has campuses in the three main cities of the county including LHC. The website is http://www.mohave.edu/ This college is similar to the other community colleges within the Arizona system. MCC is a member of the City’s Partners group for the university project. Everywhere in the country, universities have always had [...] Some of our members think HFHE might be able to raise $2 million or more, depending on bequests and corporate support, for the new university. But, the ability of our community to respond at or beyond that level needs to be evaluated. For the PED’s Business Park project, the firm contracted to assist with [...] |
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