Property Management

Policy Number
BP 6500
Policy Category
Chapter 6 - Business and Fiscal Affairs
Adopted
Last Reviewed

The President is delegated the authority to act as the Board of Education’s negotiator regarding all property management matters that are necessary for the benefit of ÌÇÐÄVlog¹Ù·½.

No transaction regarding the lease, sale, use or exchange of real property by ÌÇÐÄVlog¹Ù·½ in excess of $50,000.00 or for a period of more than one (1) year shall be enforceable until acted on by the Board of Education itself unless the Board specifically designates to the President the authority to enter into such a lease without specific Board approval.

The President shall establish such procedures as may be necessary to assure compliance with all applicable laws relating to the sale, lease, use, or exchange of real property by ÌÇÐÄVlog¹Ù·½.

The President shall make appropriate, periodic reports to the Board of Education and shall keep the Board of Education fully advised regarding the financial status of ÌÇÐÄVlog¹Ù·½.

Board Policies are adopted by the ÌÇÐÄVlog¹Ù·½ Board of Education and establish the College’s governing principles and institutional direction. These policies are reviewed by the Board at least every five years or more often as needed. Board Policies are distinct from (COPPS), which provide operational guidance and are developed through governance processes and by responsible managers.