Covenants are also set to define the context of the future building improvements.
Despite the lack of government funding, the college decided to use its reserves to fund building improvements.
Parcels with no building improvements would pay a minimum $299/year.
This was on top of its own $328 million in building improvements.
It was completed in December 2010, and is one of the most significant building improvements in many years to the school.
She said the company planned to spend $4.5 million in building improvements and new equipment.
The new contracts will also provide the money to pay for the major building improvements required after 20 years.
He also says that the J-51 program of tax relief for building improvements needs to be updated.
The property was sold after $11.8 million in building improvements paid for by the bank.
The loan included money usable only for certain building improvements.