By James Wood, The StarPhoenixDecember 23, 2009
The University of Saskatchewan, with the help of the provincial government, is dotting the i's and crossing the t's in preparation for a major donation to the university that will soon be revealed.
Last week, the Saskatchewan Party cabinet approved an order-in-council authorizing the university to spend up to $6 million for the acquisition of property in Saskatoon for commercial investment purposes.
University vice-president of finance and resources Richard Florizone said the approval -- necessary for any property purchase more than $500,000 under the legislation that governs the university -- is a "catalyst" for an offering that is currently being kept under wraps.
Click to read more.