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CALIFORNIA NEWS
Regents expected to OK UCLA construction plan
Posted: Jul 18, 2012 6:24 AM by Associated Press
SAN FRANCISCO (AP) - A University of California regents committee has approved a $162 million conference center and 250-room hotel on campus at UCLA.
The buildings committee unanimously endorsed the UCLA plan on Tuesday despite opposition from some Westwood-area residents and hotel operators.
The Los Angeles Times says UC regents are expected to approve the plan on Wednesday.
UCLA chancellor Gene Block says the conference center and hotel will allow visitors to experience campus life.
Revenues from room rentals and dining are expected to support payments on the $112 million in bond financing approved by the building committee on Tuesday.
A $50 million gift from UCLA alumnus Meyer and Renee Luskin will also be used.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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