Word: mt
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Dates: during 2000-2009
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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...
...Should the gods grant the UC the money (and the legal status) required to purchase 45 Mt. Auburn, it still would not be out of the woods. The price of the building itself is nowhere near the end of the expenses this initiative would incur. In the unlikely event that the building can be purchased, there will still be substantial renovation costs to meet. Architects have estimated that the total costs for these upgrades would be approximately $500,000, yet another large sum the UC must feel capable of paying. On top of everything else, there has even been talk...
...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...