Moody's Rating for Chapman: A2 "Stable"

sukahjoy
Tue, 19 Feb 2013 03:11:11 +0000

In the 2012 Bond report is mentioned the challenge the University faces regarding the discovery of major soil contamination on campus requiring remediation poses financial and reputational risk. From what I am able to figure out this is the Cypress Street property where the $100 million project Dodge College Filmmakers’ Village was to be built: [OC METRO - Chapman unveils plans for ?Filmmakers? Village?](http://www.ocmetro.com/t-Chapman-plans-Fimmakers-Village-12-02-2011.aspx)

Download the document below (click on link below to start the download) for latest information (from 5-31-12) regarding this soil contamination on this property own by Chapman U on Cypress Street and the University’s plan to demolish the existing buildings there; this information is located on the bottom of page 25 and top of page 26 of this document:
http://www.chapman.edu/discover/administration/evp-coo/_files/documents/Chapman%20Audited%20Financial%20Statements%20w%20Treasurers%20Letter%20FYE%20May%202012.pdf