NIC Trustees To Pursue Mill Purchase

Item: NIC likely to tap foregone, hike tuition: Trustees pass resolution to find way to raise $10M to acquire corridor land /Maureen Dolan, Coeur d’Alene Press

More Info: North Idaho College trustees took a step closer Wednesday to pursuing foregone taxes along with a tuition increase of 7.4 percent to help pay for the proposed education corridor. “It’s something we’re entitled to. Now, we should use it,” trustee Mic Armon said. Trustees passed a resolution formalizing their commitment to find a way to raise $10 million to acquire the 17-acre parcel of land adjacent to the college from developer Marshall Chesrown.

Question: Are the NIC trustees doing the right thing?