from our friends at Katfans.com:
http://lamar.edu/newsevents/news/207_5895.htm
Football fee plan adjusted to benefit students
12/4/2007 If Lamar University students approve a referendum in January to start a football program at Lamar University, and the Texas State University System Board of Regents approves the measure in February, it will start the clock running toward the first conference games in Fall 2010.
These actions would immediately create the need for money to hire a coach, to begin renovations and construction on a football complex and to support other activities related to bringing the sport to Lamar. To secure the funds, the university would issue revenue bonds against the anticipated revenue generated by the student fee.
Originally, the university administration had planned to begin charging the student fee in Fall 2008, collecting the fees during the two years before the beginning of conference play in order to have funds available for construction. The revised plan is to defer the student fee until Fall 2009. The university will meet the needs during the first year from other revenue sources...
http://www.southeasttexaslive.com/site/news.cfm?newsid=19084754&BRD=2287&PAG=461&dept_id=512588&rfi=6
Lamar University lays out football game plan
By: PERRYN KEYS, The Enterprise
12/05/2007
Updated 12/04/2007 11:45:47 PM CST
BEAUMONT - Although students at Lamar University still are likely to vote in January whether to approve a fee that could help reinstate football, the fee probably would not kick in until 2009, school officials said Tuesday.
But make no mistake, President Jimmy Simmons said: The university still plans to bring back football - and it still needs help from the student body and from donors to do so.
Simmons said Lamar hopes to keep its proposed timeline, which includes massive renovations to facilities and putting a team on the field for 2010.
For that to happen, the school needs a simple-majority vote from students in the January referendum. In addition, Lamar needs private donations - probably in the millions - and permission from its governing system, the Texas State University Board of Regents...