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Written by Jonathan Miller
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Thursday, 29 April 2010 09:31 |
A special meeting of the Governing Council has been called by President Johnson for Friday, April 30, 2010, at 11:00 a.m. via phone conference. The purpose of this meeting will be to further discuss the progress of the joint facility with the Minnesota State University Student Association, and also to discuss a personnel issue. As the meeting will contain discussions related to acquiring real estate, the meeting will not be public, but will be recorded and available in the future to all membership. |
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Written by Jonathan Miller
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Wednesday, 10 February 2010 12:22 |
A special meeting of the Governing Council has been called by President Smith for Friday, February 12, 10:00 am via phone conference. The purpose of this meeting will be to further discuss the progress of the joint facility with the Minnesota State University Student Association. As the meeting will contain discussions related to acquiring real estate, the meeting will not be public, but will be recorded and available in the future to all membership. |
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Written by Travis Johnson
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Thursday, 04 February 2010 11:51 |
What is the exit strategy for our existing building?
MSCSA currently owes no debt on its existing residence at 505 Como Ave. in St. Paul. If MSCSA chooses to purchase a new facility with MSUSA, the existing property will be put on the market for sale. MSCSA has maintained the previous layout of its property to include two apartment units on the upper level and a business operations space on the lower level. In total, the building is approximately 3,000 square feet. Upon confirming a purchase of a new facility, MSCSA leadership will consult legal counsel and determine the best process to use in preparing the existing property for sale.
Why didn’t we remodel 505 Como Ave?
In assessing the potential for remodeling, leadership determined that large limitations in the 505 Como Ave. property existed that financially prohibited MSCSA from remodeling the property. In Brief, some of the limitations are: Location, Age of building, Condition of building, ADA compliance, Amount of conference/programming space. If you would like to discuss this list further, please contact Justin Klander.
Purchase vs. Building New
Our real estate consulting firm, NTH, examined the finances behind the options of leasing, building new, and purchasing a facility. It was a very in-depth report and the decision was made by the Governing Council to explore purchasing a facility versus building. Cost was the major driver behind the decision. |
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Written by Travis Johnson
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Friday, 15 January 2010 15:48 |
The Joint Building Committee will meet Wednesday, January 20, 2010, at 3:30 p.m. During the meeting the committee will discuss the interviews conducted with the design firms, as well as next steps for the project. |
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Written by Travis Johnson
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Thursday, 14 January 2010 16:04 |
The Joint Building Committee discussed each association’s respective Board meetings during their recent conferences. The committee came to a consensus on what each Board agreed upon regarding the project thus far. The details of the what each Board talked about during their conferences are confidential at this point, as they each were in executive session. The committee also talked about next steps for the project, which include talking with potential design firms for the architecture work that would go into the project. Vice President Johnson, the Executive Directors, and the consultants will conduct interviews with design firms that have submitted design proposals for the project. These meetings will take place on Thursday, January 14, 2010. After the interviews, the committee will schedule a future meeting time to discuss the firms. |
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