Troy Univ. approves funding for new arena

Troy, Ala. (WSFA)-- Troy University trustees today approved $63 million in bonds for the construction of a new multi-purpose arena, dining facility and a student housing project.

The arena will seat 6,000; that's about 50% more than Trojan arena.

The dining hall will seat 1,000.

University officials say the bonds will help the university free up some cash.