KTIV NewsChannel 4 Sioux City IA: News, Weather and SportsUpper Iowa approves $31M in bonds for expansion
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Associated Press - July 13, 2009 4:14 AM ET
FAYETTE, Iowa (AP) - Upper Iowa University plans to partner with the city of Fayette to sell $31 million in private college facility revenue bonds.
The revenue will fund a student center, bookstore, study lounge and computer lab. There will also be a new liberal arts building and student housing.
University Chief Financial Officer Don Aungst says the construction will employ up to 120 workers. The college says it expects to make 16 new hires per year once the expansion project is under way.
Upper Iowa's enrollment last fall was 820.
Information from: Waterloo-Cedar Falls Courier, http://www.wcfcourier.com
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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