$250 million stadium renovation okayed at University of Washington

From The Seattle Times: The University of Washington Board of Regents has cleared the way for a $250 million renovation of Husky Stadium, voting to approve a plan that would pay for the work with private donations and increases in ticket prices. It's the last step needed to launch the project. Although the money is being privately raised, the project will draw on a $210 million loan from the school's internal lending program, which also is used to finance other building projects on campus.