Procedure 6.7.1 Acquisition and Disposition of Real Estate - History

Board Policies
Chapter 6 - Facilities Management

Procedure History:

Date of Adoption: 11/18/05,
Date of Implementation: 11/18/05,

Date and Subject of Revisions:

1/25/12 - The Chancellor amends all current system procedures effective February 15, 2012, to change the term "Office of the Chancellor" to "system office" or similar term reflecting the grammatical context of the sentence.

08/03/06 - Amended procedure as a result of changes approved by the Board to corresponding policy 6.7, Real Estate Transactions. Amended Part 2, Subpart B, 1d to require an owner's and encumbrances report and 1e requires the description include improvements to the property. Amended Part 2, Subpart C to include new number 3. Amended Part 3 to require Board approval for sales of property valued at or greater than $250,000.