CSU OKs on-campus stadium; financing plan to come

DENVER –The Colorado State University Board of Governors gave formal approval late Friday to CSU President Tony Frank’s controversial plan for an on-campus football stadium.

The resolution instructed Frank to present a financing plan for the project. After a two-year drive to fund the stadium through private donations fell far short of its goal, Frank had presented to the board in October two options to finance the facility: either a scaled-down version that would be added to as funds were available, or a public-private partnership to build the original 40,000-seat facility.

The vote to approve the on-campus stadium was 8-0, with board…