Largely agree with all this, which is why I am saying it should not have been viewed as conventional, funding of seats, funding of FB facility, etc.
Were the plans for the AD to fully (or mostly) finance the ISC/entertainment district? I didn't think that was the case, but maybe I was wrong. We need to shift more towards sponsor finance used by the corporate world in developing million dollar projects when cash is limited. Sure, we sell away some of the upside for a period of time (if not all in some cases), but that is ok imo. I'm sure others can speak at length and better on this, but conceptually, I believe an entity has cash and can monetize one of the most unique draws in Iowa. We don't, but that is what contracts are for.
I was very excited when the ISC was announced because it showed JP is not playing the old arms race game we cannot keep up with, and is monetizing the value of the real estate and inherent traffic flow. I realize this seems like day-dreaming, but there will be millions spent on campus on infrastructure , and millions more in Ames on commercial development. Shepherd (sponsor) that buildout to occur in that space.