Communications, salon and Subway leases approvedJuly 6, 2001 KALAMAZOO -- Western Michigan University's Board of Trustees authorized three leases of University property at its July 6 meeting. Trustees authorized University officials to execute documents with these people and organizations for leases at the following locations: Cricket Communication Inc., space on the University's communications tower. The University owns a communications tower adjacent to the Campus Services Building, just off Oliver Street. In 1999, the board approved a resolution allowing the administration to enter into five long-term leases, the last of which will soon be in place. A sixth agreement, approved at the July 6 meeting, leases space to Cricket Communications Inc. at a much lower level on the tower, and with smaller and lighter equipment. The 10-year lease with the option of two, five-year extensions completes the tower's capacity. Jessica Bates, Larry Williams, and Andrew Brown, property at 916 Buckhout. The University owns the Howard Street Plaza, located at 907 Howard Street, and a small nearby barber shop, located at 916 Buckhout. Trustees approved the lease of the barbershop to the three individuals listed above, for two years at a monthly rate of $750. The trio intends to begin offering hair styling services in the facility this fall. Subway Real Estate Corp., a retail site in Bronco Mall. Since 1988, the Bronco Mall has operated in the lower level of the Bernhard Center. A site has been vacant since September 2000, and trustees authorized officials to execute a two-year lease for that location to Subway Real Estate Corp., where the University would place a Subway Sandwich Shop. The agreement includes the option of extending for up to eight additional one-year periods. Subway was chosen for the Bronco Mall as a result of a student survey. Media contact: Jessica English, 616 387-8400, jessica.english@wmich.edu |
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