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WARF asks city to cut $600,000 bond fee

The Wisconsin Alumni Research Foundation wants Madison to significantly cut a $600,000 bond closing fee on a $150 million campus project, saying it is a nonprofit entity doing a project in the public interest.

The city ‘s Community Development Authority now must decide whether to charge the full fee and use it for city revitalization efforts or cut the fee and reduce costs for WARF ‘s much-anticipated Wisconsin Institutes for Discovery.