CAL(LOCAL) - APPROPRIATIONS AND REVENUE SOURCES: SALE, TRADE, OR LEASE OF COLLEGE-OWNED PROPERTY

The Board delegates to the College President the authority to negotiate the lease of College District property or office space to another political subdivision or an agency of a state or federal government in accordance with state law.

The College President shall report the terms of any new lease to the Board at the next regular Board meeting.

Vernon College

CAL(LOCAL)-AJC

UPDATE 23

DATE ISSUED: 3/12/2008