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When money is tight, why are we moving to develop an educational site at the NASA Research Park?

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When money is tight, why are we moving to develop an educational site at the NASA Research Park?

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Strategic planning for the future has been a hallmark of Foothill-De Anza since its founding in 1957. Despite the states financial crisis, we must find a way to serve more students who are seeking higher education. NASA presents us with an opportunity to conceive and build high-quality educational facilities in partnership with the University of California-Santa Cruz, Santa Clara University and Carnegie Mellon University to serve students in a part of Silicon Valley that has been underserved by higher education. The district anticipates much of the NASA development will be paid for with private financing. The academic institutions in the partnership are working to secure a master developer who can attract the external capital investment needed to complete the project. In 2009, Foothill-De Anzas funding obligation for the project is estimated at $220,000. This obligation will be met from two sources: Measure C bond proceeds will pay for the professional services of planners, architects,

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