Friday, September 01, 2006

DenverPost.com - Donor reneges on CU promise

DenverPost.com - Donor reneges on CU promise: "Donor reneges on CU promise
Gasper Lazzara pledged $95.7 million to the dental school but was able to meet only one payment.
By Jennifer Brown
Denver Post Staff Writer

A Florida donor who promised $95.7 million over 30 years to the University of Colorado's dental school has reneged, jeopardizing tuition rates and the school's ability to pay for its new building.

Dr. Gasper Lazzara paid $3 million in 2003 so CU could build a new dental school named after him at the Fitzsimons campus in Aurora.

He also promised an annual $1.25 million to help the school make payments on the building, plus $500,000 to cover the costs for 12 students in the orthodontics-residency program."

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