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COMMUNITY COLLEGE LOOKING AT POSSIBILITY OF LEASING SPACE FOR VERDE VALLEY CTE ADJACENT HY 260 FOR FIVE YEARS

By R. Oliphant
Saturday, March 7th, 2020

More centralized, especially for Camp Verde; idea is to see if concept works; no deal yet, only in negotiating phase

The Community College, in response to Community urging, is exploring the possibility of executing a five-year lease on a building on Highway 260 located at 600 East Curry, Camp Verde. If an agreement can be reached, the facility will be renovated to house a Career and Technical Education Center for the east side of Yavapai County.  The facility has 40,000 square feet and the idea is to lease space over a five year period in three phases beginning initially with 10,000 square feet.

The location is more centralized on the east side of the County than the Verde Campus, especially for students at Camp Verde High School who are expected to attend classes at the College facility. Five years will allow the facility time to prove that this is the best location for a CTE training facility and can meet the demands of the Verde Valley population.

The College has tentatively set aside $873,000 in the coming budget to pay one year on a possible five-year lease and to make improvements so it can be used as a Career and Technical Education facility. The College will consider an outright purchase if the terms are  extremely  favorable. It is hoped, but not yet guaranteed, that a lease agreement can be reached. Moreover, without an outright purchase, the College would seek a lease-purchase arrangement.  This is what it did when it purchased the CTE Campus on the west side of the County at the Prescott airport back in 2007.

Posted below is a six-minute video clip containing  the entire conversation at the Tuesday, March 3 Governing Board meeting where the project was explained.

Categories : Career and Technical Education

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