Listen to Regents Meeting July 17, 2012: Hotel Approval
The UCLA hotel/conference center was approved by the Regents Committee on Grounds and Buildings. That outcome was not unexpected, despite the many concerns that have been raised in the past. Among other items, and probably most important, was a letter UCLA solicited from the Luskins saying essentially that the proposal was what they wanted and anything else would be a breach. President Yudof was careful not to say that their original intent was so specific. He said it is now specific. It would be unusual, to say the least, for the Regents to walk away from $50 million. The recording…