USF Projects Hit Funding Roadblock
The University of South Florida's plans to build a new medical school in downtown Tampa and a new College of Business building in St. Petersburg have run into a bonding snag in the Florida Legislature. The Tampa Bay Times reports that the House of Representatives is in favor of raising the $45 million for the two projects by borrowing money on the bond market. However, the Senate and Governor Rick Scott are opposed to that proposal.
TALLAHASSEE - There's another money dispute brewing in the Legislature, one that threatens funding for the University of South Florida's planned medical school building in downtown Tampa and new College of Business building in St. Petersburg. The USF projects have broad bipartisan support in Tallahassee but must compete with scores of other projects all over the state.