I keep reading about how the KU Ath dept is building this new track complex on the edge of town. Is KU really building it? My understanding (and I have spent zero time researching it, my knowledge is all hearsay) is that the city is building the complex and then will lease it to KU for a nominal fee for a few decades. Is this accurate? Did KU fundraise any money for the track complex? Did they issue any debt? Did they spend any money at all to build it?
The reason I ask: that article from KU about "maybe someday" includes mention of clearing the deck and getting all of their significant projects taken care of before focusing on football, and one of their significant projects is the track complex. If KU has zero involvement with raising or spending money to build the thing, how is it a significant project for them?