Governor Ricketts extends state college bonding authority, allowing renovation of Peru State College theatre and event space.

FOR IMMEDIATE RELEASE
March 31, 2016, 8:00 a.m. CDT
Contact Jason Hogue, Peru State College Marketing and Communications, 402.872.2429

 

Peru, Nebraska- Thursday morning, Nebraska Governor Pete Ricketts signed LB 958 which contained provisions to extend state college bonding authority for an additional ten years.  The Nebraska State College System had previously approved the Peru State College theatre and event space renovation pending the Governor’s signature.

Dr. Dan Hanson, president of Peru State College writes, “Identifying a funding path for the theatre and event space renovation is good news for the college and region.  The renovations represent better education opportunities and maintaining the cultural legacy of Peru State College for 150 more years.

Hanson continues, “The funding strategy included in the bill is not a direct appropriation.  Rather, it is an extension of the NSCS bonding program. The college and foundation will be required to provide some funding for the project and the state will provide funds to service the bonds on an annual basis.  The renovation of the theatre/event center is anticipated to begin about a year from now.”

“Continuing that partnership with the legislature and foundation to maintain and improve facilities is a great next step for Peru State College.  Working together allows us to offer more to our students, alumni and communities every year.”

Todd Simpson, chief executive officer of the Peru State College Foundation, writes, “The Foundation is pleased to engage with funding the theatre and event space project.  The improved facility will allow for larger contests and performances and it will attract more contests and other regional opportunities to southeast Nebraska and the Peru State campus.”

“More space will allow faculty to plan additional performances, while concerts, speakers and even comedians will also be able to utilize the facility to better inform, persuade and entertain our students, alumni and all of southeast Nebraska.”

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For more information, visit www.peru.edu or call 1-800-742-4412.

About Peru State College: Nestled in the historic hills of the Missouri River, the “Campus of a Thousand Oaks” is Nebraska’s oldest college and will celebrate its sesquicentennial anniversary in 2017.  Peru State College’s constant commitment to academic excellence has resulted in a unique and innovative mix of online, traditional, undergraduate and graduate programs.  Similarly, the college’s ongoing student engagement promotes inquiry, discovery and innovation on-campus and across the region.  Peru State College is committed to being a good steward of education, students, the region and Nebraska for another 150 years.