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Old 08-04-2014, 08:10 AM
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University of Michigan begins $400k process of moving 65-foot-tall, 200-year-old bur oak tree | MLive.com


The process of uprooting a tree nearly as old as the United States is underway on the University of Michigan's campus.

A crew recently began excavating the 65-foot-tall legacy bur oak tree outside of the Ross School of Business, which is estimated to be nearly five feet in diameter and more than 200 years old.

The tree is being moved to make way for the $135 million addition to the business school. The plan is to move it from its place in a courtyard at the north side of the Ross complex, facing the School of Education, to a lawn area off Tappan Street, just outside the main entrance of the complex.

The entire relocation process is expected to cost upward of $400,000 and was factored into the overall cost of the school's project, which is funded by donors.

Workers at the scene said they would be working for weeks to uproot the massive tree, and university spokesman Rick Fitzgerald said the move wouldn't take place until fall. The exact date is unknown.

Workers dug a four-foot-wide trench and will place steel beams more than four feet below the tree's base. Lifting devices will be used break the the roots from the ground in order for it to be unearthed. The tree will then be loaded onto a flat bed and transferred less than a football field's distance away from its current location.

Jenny Cooper, a graduate student at the business school and U-M's School of Natural Resources, is one of 291 students, faculty and staff who signed a petition urging the school to save the tree.

"As I see it, the rationale for preserving the (legacy bur oak) tree is about history, tradition, pride and respect," she told The Ann Arbor News in a previous interview. "The tree is a symbol of strength and resilience and far predates the university as part of the landscape."

Fitzgerald said consultants who have visited the campus estimate the tree would have a 70- to 80-percent chance of survival when it's replanted.

WW
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Old 08-04-2014, 09:33 AM
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And the first lesson for future grads of the Ross School of Business is:

It costs $400,000 to buy history, tradition, pride and respect.
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Old 08-04-2014, 09:46 AM
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It costs $400,000 to buy history, tradition, pride and respect.


I foresee about $400,000 worth of firewood in the near future.
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Old 08-04-2014, 10:02 AM
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"I can see that you're a man that knows his trees. Now, this here [shake, bump, shake, bump, needles falling off] is a tree!"
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Old 08-04-2014, 10:33 AM
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Originally Posted by CRM114 View Post
And the first lesson for future grads of the Ross School of Business is:

It costs $400,000 to buy history, tradition, pride and respect.
Actually when government is buying nothing is ridiculous.
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Old 08-04-2014, 10:38 AM
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At least it's a better use of money than the multi million dollar salaries of university coaches.
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Old 08-04-2014, 11:00 AM
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Universities and colleges are always trying to compete with the Federal Govt in how to pi** away tons of money while at the same time validating it with moronic reasoning.

I am betting it took a panel of Master’s and at least one PhD thrown in to cook this beauty up.
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Old 08-04-2014, 11:09 AM
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Originally Posted by 11Fan View Post

I foresee about $400,000 worth of firewood in the near future. :roll eyes:

You're obviously not an MBA.

If it turns into firewood, then you'll want to use GAAP methods to capture opportunity cost write downs. Add in the revenue from retail wood sales, and any business school student worth his salt should be able to show this dead tree as a profit.

All while chanting:
Diversity and enterprise risk management globally influence the team players. The partners synergize insightful standardizations, while our strong and established value creations drive the alternatives. The enablers achieve niches.
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Old 08-04-2014, 11:41 AM
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Not to mention the $300k administration fee and capital gains taxes on the "profit" selling the firewood.


Total value to students: -$500,000
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Old 08-04-2014, 12:12 PM
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Originally Posted by Sounds View Post
At least it's a better use of money than the multi million dollar salaries of university coaches.
Actual the coaches salaries are about as close to market driven as you can get at a modern university. The best paid coaches turn a profit and support all of the title nine sports.
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