Muriel McBrien Kauffman Foundation

University of Missouri-Kansas City

Update: This story was updated at 4:00 p.m. to include Missouri Governor Eric Greitens' veto statement.

Despite gaining approval from the Missouri House and Senate for $48 million in state bond funding for its proposed Downtown Campus for the Arts, the University of Missouri Board of Curators announced today that it would instead "develop plans for an alternative funding match ... rather than seek funding from the state under the 50-50 matching program for capital projects."

Laura Spencer / KCUR

It’s been two years since officials at the University of Missouri-Kansas City unveiled a plan for a downtown arts campus, which would relocate the UMKC Conservatory of Music and Dance. On Wednesday, the Muriel McBrien Kauffman Foundation announced a pledge of $20 million to support the effort.