Word: auburns
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...asserts that its capital campaign is open-ended and will produce valuable funds even if the purchase of 45 Mt. Auburn never materializes. But this logic fails to consider that, while collecting $6 million from recession-pinched alums for the clear goal of a building purchase is difficult enough, trying to raise the same amount with only a vague appeal to “social space” would be flatly impossible...
Social space at Harvard is a real problem. But the Undergraduate Council’s potential purchase of 45 Mt. Auburn Street is an even bigger one. While admirably motivated, the plan is not a feasible solution and should be abandoned immediately. We commend the UC for working to solve the important issue of social space on campus, but its fixation on purchasing this particular property is unwise...
Although the legislation passed on Sunday did mention the possibility of buying the 45 Mt. Auburn St. property, it did not bind the Council to the purchase...
...current language of the bill, which narrowly passed, says that “the capital raised first be applied to the creation of a Student Community Center at 45 Mt. Auburn St. through purchase, leasing, or leasing-to-own, if the terms of the deal with the current owners of 45 Mt. Auburn St. are amenable to the Undergraduate Council...
Renovations to make the 45 Mt. Auburn St. basement usable are estimated to cost between three hundred and four hundred thousand dollars, according to a presentation given to the Council by Nuni...