SMITH CENTER IN RED
FOR 13 TH YEAR
The Dean E.
Center, home of Carolina's men's basketball team and host to numerous con-
certs and other events each year, lost
nearly $1 million in fiscal year 1999-
2000, primarily due to competition from
other venues in the area.
Last year marks the 13th consecutive
year that the Smith Center has been in
the red since its opening on Jan. 17,
1986. The athletics department covers
the shortfall at the arena, which cost
about $1.4 million to operate last year,
but that amount is being audited.
The Smith Center, which was built
with money from private donations,
hosted 10 non-basketball events last year,
down from 13 the year before. The only
year in which the venue has been prof-
itable was in its first year of operation.
Managing Director Angie Bitting said
Smith Center revenues suffer from the
proliferation of other sports and enter-
tainment venues in the area, such as
Alitel Pavilion and the year-old Enter-
tainment and Sports Arena, both in
Raleigh. Competition for concerts and
other events also comes from arenas in
Charlotte, Greensboro, Winston-Salem,
Fayetteville and Greenville.
Adding to the Smith Center's prob-
lems, Bitting said, are its lack of parking
around the building and, since it is on
the UNC campus, its no-alcohol policy.
There are no current plans to increase
revenue for the new fiscal year.
WITH DAVIE AWARDS
The UNC Board of Trustees has honored four longtime Tar Heel friends with the prestigious
William R . Davie Awards. The annual
award, created by the board in 1984, is
named for the Revolutionary War hero
who is considered the father of the Uni-
versity and recognizes individuals who
provide extraordinary service to the
University or to society.
A sportscaster for the Tar Heel Sports
Network, Woody Durham ' 63 was rec-
ognized by the award as the "Voice of
the Tar Heels." Durham made his broad-
casting debut at age 16 at a high school
game in Albemarle and graduated from
UNC with a degree in radio, television
and motion pictures. He worked at tele-
vision stations in Greensboro, Raleigh
and in South Carolina. He then becanle
vice president and executive sports direc-
tor of Tar Heel Sports Marketing and has
broadcast Carolina football and basketball
games since 1971. Durham has been
named N.C. Sportscaster of the Year 10
times. He is a recipient of the UNC
General Alumni Association's Distin-
guished Service Medal.
James Harrell Sr. ' 44 has practiced
dentistry in his hometown of Elkin since
1946. Harrell encouraged the N.C. Gen-
eral Assembly to establish the state's first
and only dentistry school in Chapel Hill
in 1949 and served as president of the
Dental Foundation of North Carolina
Inc., which raises private funds to sup-
port the school. He also received the
school's first Distinguished Service
Award and headed the school's steering
committee during the Bicentennial
fund-raising campaign. He and his wife,
Isabel, endowed a professorship in family
dentistry in 1999. Harrell is a past presi-
dent ofthe UNC General Alumni Asso-
ciation, was chair of his 50th class
reunion and has been a director of the
Educational Foundation and president of
the Academy of General Dentistry.
Ben Jones III ' 50 of Naples, Fla.,
received the award for his active role in
University programs. With a career in
advertising, business, insurance and pri-
vate investment, Jones now serves on the
board of the Friends ofthe Library. In
1992, he created the Thomas Wolfe
Library Fund for the Academic Affairs
Library to support the music and art
libraries as well as three of Wilson
Library's special collections. He created
the John L. Sanders Award for Distin-
guished Undergraduate Teaching and
Service to honor Sanders, a former class-
mate from the class of 1950 and the
retired director of the N.C. Institute of
Government. Jones also helped establish
the Doris Betts Distinguished Professor-
ship in Creative Writing and endorsed
the Thomas Wolfe Prize and Lectureship
for a rem.arkable writer or scholar, the
first winner being author Tom Wolfe.
The fourth Davie Award winner, R.
Charles Loudermilk Sr. ' 50 of Atlanta,
graduated with a degree in business and,
with a $500 loan, founded the nation's
largest furniture rental and sales com-
pany, Aaron Rents in Atlanta. Louder-
milk has supported the Kenan-Flagler
Business School for more than 50 years.
He also supported construction of the
McColl Building and the executive edu-
cation classroom and administrative
building at the Paul J. Rizzo Conference
Center. In September, the room and
building were dedicated as Loudermilk
Hall. He has served on the UNC Board
ofVisitors and currently serves on the
business school's board of visitors.
RANKED 15TH IN U.S.
The Kenan-Flagler Business School's MBA program is ranked 15th in
"Best Business Schools," the second such
recognition in recent weeks.
ranking in its Oct.
2 edition follows a fifth-place ranking of
Kenan-Hagler's undergraduate program
The top five schools in
listing were the University of Pennsylva-
nia (Wharton), Northwestern University
(Kellogg) and Harvard University, Massa-
chusetts Institute of Technology and
Duke University (Fuqua).
Rankings are based on surveys of 247
corporate recruiters and 10,039 students
at 82 business schools worldwide. Making
up the overall ranking were a graduate
ranking of 11 and a corporate ranking of
16. Also in the
in this issue
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