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

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

North Central Texas College

CAL(LOCAL)-AJC

LDU 2017.04

DATE ISSUED: 9/21/2017