There has consistently been rumours about the Faculty of Law and Music using the site somehow but no concrete info was available to the public regarding the site.
I can certainly see more use to a faculty of music than a faculty of law.....but who knows.
The FoM is really at a crossroads. It has long prided itself on being a small, somewhat elite, group that attracts the best and brightest students and that a B.Mus from there carries more weight than from other schools. That, however, has created a bit of a financial mess and without these funds they were facing the options of, either, being absorbed by Arts & Science (which would likely end their ability to grant B.Mus degrees) or greatly expanding the number of students.
I think, in general, the idea now is to use this money (and it is a significant increase in cost) to fund things that will enhance (or restore depending on how bad you think the situation has gotten) the faculty's standing/reputation and attract donours and talented/ambitious foreign students (both of which bring money).
As a side note, what is interesting is how this levy is achieved. The province forbids such rapid tuition increases....so this levy will be collected by the student association (FMUA) and then, essentially, donated to the school......so the student association and the faculty have, really, worked together to get around the province's rules on tuition increases.......quite interesting.