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 the proposed disposal of surplus lots and their appraisals, specifically 226 Sidney Street and one lot at 642 College Avenue, and agrees that their disposal may align with the University’s strategic plan and campus master plan to support the 10-year roadmap to the future; and
WHEREAS, as property ultimately belonging to the State of South Carolina, the proposed surplus lots have been formally appraised and the State will be consulted on any potential sale, including consideration of the valuation of the properties and any potential bidders, which also is of great interest to the Board.
NOW, THEREFORE, BE IT RESOLVED that the Winthrop University Board of Trustees hereby approves the request to work with the State Department of Administrative Services, Real Property Services, to find buyer(s) for the lot(s) and approves moving forward with disposing of the lots as presented, specifically:
226 Sidney Street – 2.17 acres
642 College Avenue – 0.26 acres
BE IT FURTHER RESOLVED that the Secretary to the Board of Trustees shall certify that
the Winthrop University Board of Trustees approved this resolution on the 30th day
of October,
2025, in a regularly scheduled meeting. Such resolution shall be maintained and publicly
posted
by the Secretary of the Board in a time and manner as required by law.