Extra! UI settles University Place litigation
The University of Idaho and other parties others associated with an ill-fated, multimillion-dollar attempt to expand into Boise have settled almost all of the legal claims surrounding the project. The key point is that trust funds used to finance the University Place project – in a series of transactions described as improper and possibly illegal – will be repaid. In the economic and legal fallout after the deal collapsed in 2002, the university found itself cutting budgets, programs and jobs.
For the rest of the story by Shawn Vestal/Spokesman-Review, click here. For Idaho Statesman version, click here.