This has probably been discussed before but is Student Bonfire incorporated? If so, have they looked into the possibility of the corporation purchasing it's own property that has accessibility and close proximity to campus as a permanent home for Student Bonfire? Fundraising for this is the first obvious hurdle. I was just curious if this had been explored.

Look here. About halfway down the page, changinglife outlines the situation pretty well, at least as far as I can tell.