CDA Council Votes 6-0 For UI Lease
Item: Cd'A council favors UI lease: Votes unanimously to enter into Harbor Center deal/Maureen Dolan, Coeur d'Alene Press
More Info: City Council members voted unanimously Tuesday in favor of entering into an agreement to lease the Harbor Center property to the university for a one-time payment of $1.3 million with an option for a second 99-year lease at no additional cost. The agreement also gives the university rights to property adjacent to North Idaho College -- 2.5 acres that are now part of the 17-acre DeArmond Mill site being vacated by Stimson Lumber Company.
DFO: The Idaho Board of Education will discuss this same lease when it meets Thursday and Friday in Idaho Falls. Are you ready for an expanded UIdaho presence in Coeur d'Alene?