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The fund would deliver the $1bn over 10 years and build on $461m in funding already committed to the reef since the Coalition came to office.
The land has been donated by the Cambodian government and a $35m fundraising campaign launched, with some funding already committed by USAID, sponsor of DC-Cam's work to date.
There were many reasons the Paul Ramsay Foundation made that investment, not least the variety of social investors and federal government funding already committed, and a robust business plan.
He has $500 million of funding already committed from a combination of Indian and international real estate funds and developers, Bhatia says, and he's contributing an undisclosed sum from his personal resources.
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It is vital that we have full transparency on this project, given the public funds already committed".
In a confidential letter obtained by the Guardian it has emerged that the public will be liable for the bridge's annual £3.5m maintenance bill in perpetuity – on top of the £60m of public funds already committed to the project.
All the Cayman government recently asked for was a consent to borrow funds already committed by commercial banks, to tide it over while it reassesses and adjusts its budgetary needs as a result of the unprecedented global crisis.
Given the City Opera's financial and artistic growth over the past few years and the funds already committed to its future, there is reason to hope that it can both build and sustain a theater of its own without compromising the financial integrity of Lincoln Center's other constituent groups.
"His view is that due to the funds already committed, including the originally-authorised summer transfer budget of £35m that rose to £50m in total, including add-ons, the manager has been fully supported.
The authorization included funds already committed to advanced development programs, such as pandemic influenza preparedness and medical countermeasure development at NIH/National Institutes of Allergy and Infectious Diseases (NIAID).
Network Rail said the company, which receives about £4bn per year in state funding, was already committed to cutting its cost base by nearly one quarter over the next five years.
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