Friday, March 25, 2011

Ferris State University Trustees Approve Renewal of Lease Agreement with GRCC

The Ferris State University Board of Trustees approved the renewal of a lease agreement with Grand Rapids Community College for space at the Applied Technology Center in Grand Rapids for up to four additional five-year terms during its meeting today (March 25). Ferris trustees also approved the award of an honorary Ferris doctorate in Business and Industry to Ken Mooyman and an honorary Doctor of Arts degree from Kendall College of Art and Design for Peter Lawrence to be awarded in May 2011.

Ferris and GRCC have had a lease agreement in place since 1989 and an initial 20-year lease term commenced on July 17, 1991 with four additional five-year automatic renewal terms. That agreement expires July 16, 2011 for the space located at 143 Bostwick NE, Grand Rapids. The first renewal commences on July 17, 2011.

For the complete version of the story, visit the Ferris News Services website: http://www.ferris.edu/htmls/news/news/News.cfm?AnnouncementID=1390&CatID=1

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