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Nearly $22 million worth of new construction and renovations on Missouri State University’s athletics and recreational facilities will begin soon and be completed by fall 2014. On Dec. 4 Missouri State’s Board of Governors Executive Committee awarded a contract to DeWitt and Associates, Inc., to begin the work. The project will be funded by the 2014 Auxiliary Enterprise Revenue Bonds to be issued in February 2014. The revenue stream to repay the bonds will be from the student-approved Bears Experience and Recreation (B.E.A.R.) Fee, central funding, a private gift commitment and auxiliary bond payments that roll off and will be redirected in 2017. Additional private gifts are expected in the future for naming opportunities.



