September 23-24, 2004

 

ITEM 124-2006-R0904��������������� Authorization to Enter into a Long-term Lease with the Agricultural Research Service of the U.S. Department of Agriculture for 2.08 acres located on the MSU Eastern Agricultural Research Center; Montana State University

 

THAT:�������������������������������������� The Board of Regents of Higher Education authorizes Montana State University to execute the Long Term Lease Agreement with the Agricultural Research Service of the U.S. Department of Agriculture.

 

EXPLANATION:����������������������� The Agricultural Research Service of the U.S. Department of Agriculture desires to construct a building on property located adjacent to the MSU Eastern Agricultural Research Center.� They have requested the right to lease 2.08 acres of land located on the Eastern Agricultural Research Center to allow sufficient space for the building.� EARC does not currently have a use for the small strip of land and desires to lease to ARS to facilitate the location of the new building.� EARC and MSU have a cooperative research working relationship with ARS and will benefit from the improved research opportunities that will result from the construction of a new building and the continuing positive relationship with the ARS.� A copy of the proposed lease is attached for review.

 

 

ATTACHMENT:������������������������ Proposed Lease