KLAMATH FALLS, Ore. – The Oregon Institute of Technology has announced plans to close the university’s swimming pool effective Friday, Feb. 17th. University officials site a lack of financial resources to keep it open. Michael Schell, director of athletics, said in a press release it’s more than just raising the necessary funds to renovate and to repair the pool infrastructure. They would need to come up with a significant annual revenue source to maintain day-to-day operations. As less funding comes from the state, the school can no longer afford to subsidize the pool.