Volume JB9/Issue No. 22
A Student Newspaper Since 1906
Rollin', rollin', rollin'...
Phil Haynle of the Tennessee Valley Canoeing Cfcib helps Rita Moreland
perfect her roll In the UTC pool. Kayak rolling claeaet will be In the UTC
pool the second and fourth Tuesdays of March from 8 p.m. to 9:45 pjn.
Stadium funding still unclear
By Kimberly Greater
Echo Asst. News Editor
Although Gov. Don Sundquist's budget
for fiscal 1995-% did not contain any capital outlay money for a proposed Chattanooga stadium, local civic leaders claim the
project is still on track for a fall 19% opening.
Fi -.Jing is needed from UTC, the private
sector, the city and Hamilton County for the
$29 million project.
Project organizers are also counting on
$7 million from the state.
"No, the stadium is not in the governor's
capital budget, which we anticipated. But
we are reasonably confident that the alternatives the mayor has proposed will enable the
state to provide the $7 million without compromising budget constraints," said Stadium
Campaign Corp. President Joe Decosimo in
a Feb. 25 Chattanooga Times article.
Stadium Campaign Corp. is in charge of
raising money from die private sector for the
'There will be no delay in the stadium,"
Stadium supporters and local officials
met with state officials last week to discuss
alternatives to getting the funding, but no
other details can be given about die plan,
"It's just too premature to discuss" possible funding options for the state, said Karen
Diamond, private campaign coordinator.
Chancellor Frederick Obear said he had
not heard of a plan.
"I don't know of any substitute plan....
The state has put some money into that
project already and maybe they're just going to take off a year and pick it up again
after they solve some of the TennCare and
other funding problems," Obear said.
The private sector has raised $8.6 million, Diamond said.
The UT Board of Trustees has authorized $2.2 million in bonds for UTC's portion of funding for the stadium.
The bonds will be paid back through
stadium revenues such as concessions and
game receipts, Provost Grayson Walker said.
The Chattanooga City Council passed a
resolution last week that asks the Legislature to impose a 1 percent meal tax to account for the city's portion of funding, and
the Hamilton County Commission is expected to vote soon on a similar measure for
the county's portion of funding.
Eighty percent of the money generated
from the tax would go toward expansion of
the Trade Center and 20 percent would go
toward the stadium. The city and county's
portion of funding for the stadium amounts
to $8.2 million.
Proposed federal aid cuts
could affect UTC students
By Berry Carroll
The University Echo
Some of the 70 percent of UTC students
who receive financial aid annually could be
paying more for school next year, according
to Associate Director of Financial Aid
This is because both President Clinton
and House Republicans, including the third
district's Zach Wamp, who signed the "Contract With America" are proposing cuts in
federal financial aid, Looney said.
The contract calls for $20 billion in cuts
to student aid over the next five years, according to information distributed by the
financial aid office and compiled by the
Alliance to Save Student Aid.
Programs which may be eliminated are
the interest subsidy paid on Stafford Loans,
the Federal Work Study program, the Federal Supplemental Education Opportunity
Grant (SEOG) and the Perkins Loan.
"These are all need-based programs,"
Those who need financial aid most will
be affected most, he said.
"Somebody that didn't have financial
need really would not be affected by these
cuts," he said.
"The first major area of cuts would be the
eliminationof the campus-based programs,"
These programs include all those slated
for elimination except the Stafford Loan
Under these programs, schools receive
funds from the government and are allowed
to develop their own policies for the award
"We receive a litde over $500,000 a year
See CUTS Page 8
New Village II money approved
By Leslie Smith
Echo Staff Writer
The UT Board of Trustees approved $8.1
million in bonds for the construction of New
Village II at their Feb. 15 meeting.
The construction of New Village II may
be under way be-
or if we have a downturn in the economy we
might be able to buy things a lot cheaper," he
MacDougall said there are many "ifs"
about costs for the facility's construction.
The estimated price is the cutting edge of
how far the plans can go and ensure the
facility will be
students, according to
make improvements in
phase of New
"We won't open up until
'97 and we don't know
whether inflation could
hurt us, or if we have a
downturn in the economy
we might be able to buy
things a lot cheaper."
— Richard MacDougall
ginning the summer of 1995, according to Director
of Student Housing
New Village II
is the second phase
of the New Village
across from Metropolitan Hospital.
The project will
have an $8.1 million budget and completion of the housing department met with New
oftheprojectisslatedforl997,accordingto Village residents in October 1994 to discuss
MacDougall. problems in New Village that could be pre-
The rent for the apartments has not been vented in New Village II.
finalized, but room and board may be $1-200 New Village II will use the same design
a semester, according to MacDougall. as New Village, but with a few modifica-
"That was to be our projection when we tions, according to MacDougall.
thought we'd open up in'%," MacDougall New Village II will also feature a corn-
"We won't open up until '97 and we
don't know whether inflation could hurt us, See DO RM Page 8