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Custer Campus changes ownership

December 23, 2011

The Mid-Plains Community College Board of Governors met Wednesday, Dec. 21, with the Board unanimously authorizing MPCC President Dr. Michael Chipps to execute an agreement to transfer title to the premises known as the Broken Bow Extended Campus to Mid-Plains Community College, and to execute a Deed of Trust in favor of Custer Campus, Inc, to secure performance under that agreement. The action is required by MPCC Board Policy 3450, Mid-Plains Community College Property, which requires an affirmative vote of at least two-thirds of all Board members is required.
According to a press release issued by MPCC, there two major reasons for making this transfer of ownership. With college ownership, any and all property tax liabilities associated with continued private ownership of the extended campus are eliminated. Also,the college will now assume all insurance involving the extended campus.
In his presentation to the Board, Dr. Chipps told the Board that the
change is anticipated to save more than $25,000 per year.
For more information, as well as a recap of the first semester at Broken Bow's new community college, see the Dec. 29 Custer County Chief.

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