May 4, 2000
KALAMAZOO -- The sale of one piece of property to Kalamazoo College and the purchase of two additional pieces of property in Kalamazoo and Battle Creek were approved by Western Michigan University's Board of Trustees April 20.
Acting in executive session, the board approved the sale of 31 acres of land in Oshtemo Township to Kalamazoo College. The land, which came to the University in 1975 from the estate of Estella Buckham, is located near M-43. It is accessible only through the property of adjacent land owners, one of which is Kalamazoo College.
WMU trustees accepted Kalamazoo College's offer of $84,000, the appraised value of the lot. College officials have expressed their intent to maintain the property in its natural state as a field study area. Buckham, in her bequest, had specified that the land be used in that way and that if the University were to sell the land, proceeds from the sale should be used to set up a student loan fund for students in the Food Distribution Program. Once the sale is complete, that student loan fund will be established.
Trustees also approved purchase of the Dairy Mart property, located at 2604 West Michigan Ave., on the west edge of the WMU campus. The purchase, which is in keeping with the University's long-standing policy of acquiring properties in that area as they become available, will include three city lots. The purchase price approved by trustees was $370,000, which will come from the University's parking system funds.
A third real estate action approved by the board was the acquisition of a hangar facility adjacent to the College of Aviation's facilities at W.K. Kellogg Airport in Battle Creek. For two years, the college has been leasing the hangar, which includes 12 offices, two classrooms and shop areas.
Trustees authorized the purchase for $400,000 of the facility, which is located immediately north of the University's Aviation Operations Building. The move is in keeping with the University's policy of acquiring properties within the airport complex that could support the aviation program when those properties become available.
Media contact: Cheryl Roland, 616 387-8400, email@example.com
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