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Board Approves $70 Million for Arts, Education Complex at Oregon State : CEG
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OSU Board approves construction of $70 million Arts and Education Complex
OSU
Among other actions: 10.3% winter-term fee reduction at OSU-Cascades
CORVALLIS, Ore. (KTVZ) – The Oregon State University Board of Trustees on Friday unanimously approved construction of a new $70 million Arts and Education Complex that will serve as a center for performing arts classes, programs and performances on the Corvallis campus.
A $25 million lead gift from an anonymous donor, along with $10 million in other philanthropic gifts and $35 million in state of Oregon-paid bonds will finance construction of the complex.
“This nationally best-in-class arts and education complex will be a transformative addition to Oregon State University, the Willamette Valley and all of Oregon,” said OSU President F. King Alexander. “The complex will serve as a center of creativity and will fuse programs in music, theater, visual and digital arts and technology. This center is integral to the university’s
A $121 million question remains to be resolved before Oregon State University can assume responsibility for the management of the Elliott State Forest.
The State Land Board has signed off on OSUâs plan to manage the 80,000-plus acre forest in Coos and Douglas counties, but there was no mention of financing issues during the board s remote three-hour session on Dec. 8.
When the state first began discussing the future of the Elliott, the Legislature appropriated $100 million to help offset the lost revenue that timber sales used to provide to the stateâs Common School Fund. That still leaves a $121 million hole to fill given the $221 million value placed on the Elliott by state officials in 2017.
Oregon OKs OSU’s plan for Elliott Forest By Jim Day, Albany Democrat-Herald, Ore.
Published: December 13, 2020, 2:00pm
Share: Elliott State Forest
CORVALLIS, Ore. Oregon State University’s bid to manage the Elliott State Forest took a huge step forward Tuesday.
The State Land Board, meeting remotely, approved the transfer of the massive forest property in southwest Oregon to OSU to manage as a research forest.
The decision came at the end of a three-hour meeting that included a presentation from OSU College of Forestry Dean Tom DeLuca, comments from the project’s technical advisory committee and 47 minutes of public testimony.
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