VE2 gcc lease with NAU

CONSENT AGENDA ACTION ITEM Governing Board Agenda Item Number Item Title Lease Agreement with the Arizona Board of Regents For and On Behalf of Northern Arizona University & Glendale Community College Meeting Date: July 24, 2007 Responsible Agents Debra Thompson Dr. Velvie Green Recommendation It is recommended that the Governing Board approve a three-year renewable $7,020 annual office space lease with Northern Arizona University (NAU) for 225 square feet, plus a rate of $155 per credit hour, per course, for classroom space. The contract period will be from July 1, 2007, (or upon occupancy) and expires on June 30, 2010 with renewable leases, depending on office and classroom space. Justification Glendale Community College/Maricopa Community College District (GCC/MCCD) in partnership with Northern Arizona University (NAU) will provide office and classroom space to Northern Arizona University on the Glendale Community College campus. Having a state university presence on the GCC campus will provide greater exposure to transfer opportunities for GCC students. NAU will offer upper division or graduate level courses in the areas of: • B.S. • B.S. Budget Breakdown: 1. $5,400.00 per year at $24.00 per square foot for GCC office space. 2. $1,620.00 per year for three (3) voice/data lines for NAU phones and fax, at an annual cost of $45/each/month. 3. Quarterly billing for all long distance calls. 4. Classroom rate of $155.00 per credit hour, per course. Funding Source: Northern Arizona University Account Identification: 230-150-251930 Approvals/Certifications Chancellor ____________________________ Academic Affairs_______________________ Business Services_______________________ Human Resources_________ITS __________ Student & Community Affairs_____________ College President _______________________ Elementary Education Speech Communication

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