6.7.2 Leasing of College Property Procedure

Purpose

Riverland Community College (Riverland) shall follow Board Procedure 6.7.2 in leasing college property for non-college activities.

Applicability

Riverland will evaluate all requests to lease space at one of its campuses depending on how each request coincides with the mission of the College and then set the lease accordingly. With direction from Board Policy 6.7.2 Part 7 Payment for Lease of Facilities, the College will recover all operating costs, including parking, administrative overhead, debt service, leasehold improvements, and any specialized costs that would be attributable to the lease of the Facility.

Does This Policy Have a Procedure?

Related Policies, Procedures, or Forms

• MnSCU Procedure 6.7.2 Use of College and University Facilities (College or University as Lessor)
• Minnesota State Board Policy 6.7: Real Estate Transactions

Submit completed form and policy to the Cabinet Member responsible for the division affected by the proposal. This section to be completed by President’s Office.

Date Implemented: 3/14/2013

Responsible Division / Author: Facilities / VP of Finance & Operations

Date Revised: 6/13/2013; 3/8/2022 new template