TCU Daily Skiff Wednesday, March 24, 2004
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Lack of support leads CEO Club to request loan be tabled
The bill to fund CEO TV has been tabled indefinitely by the House of Student Representatives.

By Matt Turner
Staff Reporter


Students won’t be tuning into CEO TV anytime soon.

The Collegiate Entrepreneurial Organization requested the bill be tabled indefinitely by the House of Student Representatives last night, the same day it was supposed to be voted on. The House granted the request.

The CEO Club previously requested a $38,000 loan — to be repaid over five years with $4,500 interest — from the House to cover the initial cost of starting a student-run TV station.

Michael Hennig, CEO TV’s chief representative, said students are confused about the CEO TV proposal and there is no consensus supporting the bill.

The CEO Club wants what is ultimately best for TCU, and they wouldn’t feel comfortable moving forward without the support of students, faculty and SGA, Hennig said.

“This is a weighty issue that should not be rushed in any way,” Hennig said.

Hennig said students are evenly divided on the issue, but believes the bill would have passed in the House.

“It’s not the right time for CEO TV to come through SGA,” President Jay Zeidman said.

Some administrators, including Vice Chancellor for Student Affairs Don Mills and House advisor Larry Markley, think the proposal was rushed and didn’t have enough support, Zeidman said. He said there is also concern about the House giving a loan, since that is typically not its policy.

Zeidman said that the bill would not be revisited this semester because the CEO Club will be doing more research this summer, but it could eventually be brought back.

Hennig said their research will include looking at alternate funding and consulting more with involved parties, including SGA officers and faculty members.

The CEO Club wants to look further into the capabilities the station would have and how it can use them to support TCU, Hennig said.

Treasurer David Watson said the CEO Club will have a hard time getting a loan of this magnitude from a bank, something Hennig previously acknowledged. Hennig said confidential private investors are another option they will explore.

CEO TV will move forward if research shows it would be in the best interest of TCU, which could include returning to the House for funds, Hennig said.
SGA meeting
Raveen Bhasin/Staff Photographer
CEO TV representative Michael Hennig, a sophomore marketing and entrepreneurship major, speaks before the SGA Tuesday night.
 
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