The governing boards of both Northwestern Michigan College and the Grand Traverse Band of Ottawa & Chippewa Indians have signed a purchase and sale agreement for the Band to buy NMC’s Boardman Lake Campus.
NMC trustees unanimously approved the $27 million sale on Jan. 26. Members of the Band’s tribal council signed the document Jan. 21. The actions follow a letter of intent signed previously.
The sale could be completely executed by spring. To allow for the relocation of college offices still on the campus, NMC will lease back space for one year. No NMC classes are currently held on the campus.
PLEASE LOG IN FOR PREMIUM CONTENT. Our website requires visitors to log in to view the best local news.
Not yet a subscriber? Subscribe today!
