Re "The game's changed for Pauley Pavilion," Opinion, Aug. 5
UCLA has put forward a carefully constructed and fiscally responsible plan for renovating Pauley Pavilion. Costs will be covered by resources unavailable to address the budget crisis. Several additional points require clarification:
* No new student fees are needed. Revenues from existing campus-based fees, collected specifically for student facilities and programs, will be utilized.
* Debt will be repaid entirely by revenues generated by our athletics programs.
* Due to the favorable market for construction projects, now is the best time to proceed. The longer we wait, the greater the cost.
* Pauley Pavilion is a multipurpose facility that hosts more than just athletic events. After 45 years, it needs improvements.
We are confident in the success of our plan to deliver a modernized facility that will preserve the legacy of UCLA's championship athletics and meet the needs of multiple other users. Our community deserves nothing less.
Steven A. Olsen
The writer is UCLA's vice chancellor for finance, budget and capital programs.