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University Foundation purchases more land
In brief
by Ryan Knutson | Senior news editor
The University of Oregon Foundation recently purchased more land east of the University for roughly $4 million.
The foundation purchased the property from the Oregon Department of Transportation and will lease it to the University for $220,000 annually, said Frances Dyke, vice president for finance and administration.
The lease will end in two years, and the University plans to purchase it from the foundation. The process is similar to how the University purchased of the former Joe Romania lot east of Hirons and Market of Choice.
University President Dave Frohnmayer announced that the Department of Public Safety would be housed there, but how the rest of the property will be used will be evaluated by a space and planning committee, Dyke said.
The foundation purchased the property from the Oregon Department of Transportation and will lease it to the University for $220,000 annually, said Frances Dyke, vice president for finance and administration.
The lease will end in two years, and the University plans to purchase it from the foundation. The process is similar to how the University purchased of the former Joe Romania lot east of Hirons and Market of Choice.
University President Dave Frohnmayer announced that the Department of Public Safety would be housed there, but how the rest of the property will be used will be evaluated by a space and planning committee, Dyke said.
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conspiracyzach
posted 4/23/08 @ 10:35 PM PST
With the current national backdrop of campus violence problems the U.O. administration is clearly insane(sending those hired to protect students to a location isolated from campus) with this latest quacked-out planning proposal. (Continued…)
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