Wednesday, July 15, 2015

Can't Fix IV - Buy IV?

SB Independent: The University of California has purchased three of Isla Vista's largest apartment buildings from a Chicago investor for $156 million,

UCSB buys up apartment complexes for student housing
Pacific Coast Business Times

Last year, all three properties generated about $1 million in property taxes. That will disappear from local government coffers due to the university’s tax exempt status.
“This was a unique opportunity for the university to make a significant impact and demonstrate our ongoing commitment to the community,” said John Longbrake, associate vice chancellor for communications in the release. “We look forward to working with the county, local officials, students and residents to continue to strengthen the connections between the campus and Isla Vista.

UCSD again in: University unfair to student accused of sexual assault, says ...
In-Depth-Washington Post-

Daily Cal with a piece on buildings

and fracking

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