Did The Ralph pay off the note early, wasn't due till 2020? Post below from FSSD on June 27, 2018. In the "Kennedy vs. Engelstad Foundation: GF herald feature" thread.
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Posted June 27, 2018
Again, one of the advantages of having the current setup is that UND could use bonds for the building of the Betty. UND didn't have to wait for all the fund raising like NDSU and BSA.
http://www.theralph.com/about-the-arena/the-betty
$8 million dollar facility
Current balance: 1.4 million - maturity date of 2020.
To all the Bison fans - have you paid the Fargo Dome for the upgrades completed as part of the move to FCS? Just asking for a friend.
I have to learn how to copy a post to a different thread, little messy, sorry.
Also, I found article on year end distribution back to the AD.
Aug 2018 https://www.grandforksherald.com/news/education/4486523-ralph-engelstad-arena-distributes-1-million-und
The Ralph Engelstad Arena announced its annual distribution to UND on Thursday. This year's distribution is $1 million.
Last year’s distribution was $750,000, though other payments have been around $500,000 to $800,000.