Resolution Regarding the Approval of Disposal of Surplus Lots

WHEREAS, pursuant to S.C. Code Ann. §59–125–1, et. seq., the Board of Trustees of Winthrop University was created and established as a body corporate for the purpose of effectuating the educational mission of Winthrop University; and
WHEREAS, pursuant to the Winthrop University Board of Trustees Bylaws art. VIII, §2, the Finance Committee has the responsibility to consider, in collaboration with the Strategic Planning and Facilities Committee, any acquisition or disposal of land or other real property;
WHEREAS, the Board has reviewed and considered the proposed disposal of surplus lots, specifically 226 Sidney Street, three lots between 516 and 620 Oakland Avenue, and one lot – 642 College Avenue and reflects efforts to align the University’s strategic plan and campus master plan to support the 10-year roadmap to the future; and
WHEREAS, the proposed surplus lots will be formally appraised, and the University will work with the State to find a buyer;
NOW, THEREFORE, BE IT RESOLVED that the Winthrop University Board of Trustees hereby approves the disposal of surplus lots as presented by the administration, specifically:

 

226 Sidney Street – 2.17 acres
3 lots between 516 and 620 Oakland Avenue – totaling 0.88 acres
642 College Avenue – 0.26 acres

 

BE IT FURTHER RESOLVED that the Acting Secretary to the Board of Trustees shall certify that the Winthrop University Board of Trustees approved this resolution on the 26th day of June, 2025, in a regularly scheduled meeting. Such resolution shall be maintained and publicly posted by the Acting Secretary of the Board in a time and manner as required by law.