We have two new meeting facilities coming on line as a result of the Memorial Union East Wing renovation.  Both will be better meeting facilities than is the 109 suite.  Income analysis showed that we would lose about $5K per year in Event Services income, but gain $47K per year in lease income….a net gain of $42K per year.  The only loss of space will be for about six months during Fall and Winter Term of FY 14 while the Memorial Union East Wing is undergoing renovation.  By the end of Winter Term, the new facilities will be on line to replace the 109 suites.  The two new event spaces should generate significantly more revenue than MU 109.