Brookings, SD (KWSN)- South Dakota State University officials will continue a series of information sessions regarding a proposed new football stadium with two public town hall meetings Jan. 29in Sioux Falls.
The town hall meetings are scheduled for 12 noon and 5:30 p.m. on the top floor of the Holiday Inn City Center in downtown Sioux Falls. SDSU Director of Athletics Justin Sell will provide an update of the project, followed by a question-and-answer session. A light lunch will be provided.
The proposed stadium, which would be built on the existing Coughlin-Alumni Stadium site, would seat between 18,500 and 20,000 spectators. Total cost of the project, which would be done in phases and completed prior to the 2016 season, is estimated between $60 and $65 million. Lead gifts totaling $12.5 million were received in October from Sioux Falls banker Dana Dykhouse and philanthropist T. Denny Sanford. Subsequent financial commitments have brought the total raised for the project to nearly $20 million. The remaining amount — up to $39 million — would be financed through the issuance of revenue bonds by the South Dakota Building Authority.
In December 2013, the South Dakota Board of Regents approved the facility plan and advanced the project to the South Dakota Legislature for final approval. The stadium project has been assigned to Senate Bill 15.
Other town hall meetings are planned to be held in Rapid City and Pierre, with dates to be determined.
Courtesy: South Dakota State University