MARQUETTE UNIVERSITY

CAMPUS TOWN PROJECT

MEMORANDUM FOR FILE

On June 5,1997 I had an informal meeting with the following representatives of Marquette University:

Reverend Patrick J. Burns, S.J.

Kenneth H. Smits, Vice President Administration

This meeting took place after a Marquette advisory investment committee meeting, of which I am a member.

Key items discussed included:

1.	Bradley Foundation deferred action on grant award to Marquette University related to the Campus Town Project. A special committee of the Board was appointed to further investigate the situation and evaluate alternative situations.

2.	Bradley Foundation was apprehensive of setting a precedent awarding a "bailout" grant for the Campus Town Project. Board needs further information regarding Marquette University's strategic plan for the Campus Town Project and also information regarding the activities of Marquette and other organizations to redevelop the neighborhoods in and around Marquette University.

3.	Based on our discussions, I sensed that Marquette does not have a current strategic plan for Campus Town Project and other neighborhood development projects. Further, there does not appear to be any initiatives to coordinate the resources of other organizations to assist with neighborhood redevelopment.

4.	The current key individuals at Marquette (Fr. Wilde, President; Fr. Burns; K. Smits) were not associated with the planning for Campus Town Project or involved in the acquisition of the properties. Campus Town Project is a significant "albatross" to the new management team.

5.	Marquette has employed a new Executive Vice President. His name is Jerry Viscione . He was the Dean of the Business School at Seattle University. Apparently he has an interest and experience in the area of real estate and neighborhood development.

6.	The Marquette representatives were very cooperative and interested in providing whatever information the Bradley Foundation desires. They are very open to any ideas and suggestions for Campus Town Project and other neighborhood development activities. Ken Smits is the "point person" for Marquette regarding administrative details. It is essential that Fr. Wilde and Fr. Burns be kept fully apprised of the Bradley Foundation's needs and ideas to ensure a "top down commitment" to resolving the Campus Town Project and other neighborhood redevelopment projects.

Robert N. Berkopec

June 5, 1997