- Associated Press - Tuesday, May 13, 2014

BOULDER, Colo. (AP) - The University of Colorado is going ahead with a $143 million athletic facilities construction project even though it’s failed to reach its fundraising goal.

Officials toasted with champagne at the project’s groundbreaking Monday.

The Board of Regents voted during a public meeting in December to allow construction in and around Folsom Field to begin once one third of the cost was raised. However, regent Michael Carrigan told the Daily Camera (http://bit.ly/QEBdk4) that the board changed that requirement during a recent closed-door session.

Athletic director Rick George won’t say how much has been raised but says he’s confident that the school will be able to raise money once new revenue streams are added as part of the project.

It includes new offices for every football coach and an indoor practice facility.

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Information from: Daily Camera, http://www.dailycamera.com/

Copyright © 2016 The Washington Times, LLC.

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