Popular Post jdub27 Posted November 3, 2018 Author Popular Post Posted November 3, 2018 22 minutes ago, FightingSU said: Understand the power of a dollar here, I do not care how the current lease or agreement is written. Contracts can ALWAYS be renegotiated, especially when HUNDREDS OF MILLIONS of dollars are involved. Rea/Kem and even UND have at least *roughly, 12 years to devise, plan and strategize a new contract.. or not. But most likely, some sort of renegotiation will happen, and I just do not beleive UND will get the Ralph. Maybe I'll be wrong. But that's my belief.. Believe what you want, the lease and everything related to it is all public information and clearly states that ownership of the building will convert to UND no later than 9/30/30. Yes, it can be renegotiated but it will have nothing to do with what KEM/REA think or what kind of plan they can come up with. Without UND making the call, they have absolutely zero power to stop the change in ownership. And while I think they should find a way to extend the lease, why exactly would UND be looking to do that with a partner who hasn't listened to input on what they have to say, threw a fit in the media when they tried to renegotiate an annual contract that appeared one-sided and had publicly stated she wants no part of a relationship with the school. 6 Quote
siouxkid12 Posted November 3, 2018 Posted November 3, 2018 4 hours ago, FightingSU said: Understand the power of a dollar here, I do not care how the current lease or agreement is written. Contracts can ALWAYS be renegotiated, especially when HUNDREDS OF MILLIONS of dollars are involved. Rea/Kem and even UND have at least *roughly, 12 years to devise, plan and strategize a new contract.. or not. But most likely, some sort of renegotiation will happen, and I just do not beleive UND will get the Ralph. Maybe I'll be wrong. But that's my belief.. Take your own advice and understand the power of the dollar. UND has all the leverage come 2030. They may renegotiate with the REA but I can guarantee that it won’t benefit the Engelstad foundation. 1 Quote
Nodak78 Posted November 3, 2018 Posted November 3, 2018 4 hours ago, FightingSU said: Understand the power of a dollar here, I do not care how the current lease or agreement is written. Contracts can ALWAYS be renegotiated, especially when HUNDREDS OF MILLIONS of dollars are involved. Rea/Kem and even UND have at least *roughly, 12 years to devise, plan and strategize a new contract.. or not. But most likely, some sort of renegotiation will happen, and I just do not beleive UND will get the Ralph. Maybe I'll be wrong. But that's my belief.. IF a lease is renegoitiated, the only leverage miss Garry will a say in will be what beer is sold in the concessions. Quote
Blackheart Posted November 3, 2018 Posted November 3, 2018 16 hours ago, darell1976 said: Past your bedtime? You should get some sleep. SU can tuck you in. Said the guy who permanently needs a 3 day nap! 1 Quote
UNDBIZ Posted November 10, 2018 Posted November 10, 2018 2 minutes ago, Fetch said: 1st part of this sounds like Engalstads are still pizzed She's still pretending she's donating money to UND when it's really the REA returning UND's excess money. Quote
Cratter Posted November 10, 2018 Posted November 10, 2018 When you have fortunes, and thus lots of free time, it's not uncommon to seek notoriety or fame. 1 Quote
UNDBIZ Posted November 10, 2018 Posted November 10, 2018 46 minutes ago, Cratter said: When you have fortunes, and thus lots of free time, it's not uncommon to seek notoriety or fame. Especially when you did nothing to earn those fortunes.... 3 Quote
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