USA Board of Trustees approves $75 million bond to build new stadium

    (illustration: University of South Alabama)

    On Friday the Board of Trustees at the University of South Alabama approved a $75 Million bond to fund the construction of the new on campus stadium.

    The crowd funding site set up by the University in the wake of the city not providing any funding, now has $2.8 Million donated.

    The bonds will be issued at different stages as needed during the construction process.

    Last month the Board of Trustees approved Phase II of the stadium's construction.

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