Texas A&M Regents Approve Deals with Developers

By: Associated Press Email
By: Associated Press Email

COLLEGE STATION Texas A&M University System regents have approved ground leases to allow private developers access to school land.

The Eagle (http://bit.ly/15acUzg ) newspaper reported Sunday that the action frees up A&M officials to enter into ground leases with private companies.

Chairman Phil Adams says the regents discussed the items Saturday during a closed-door executive session. The negotiations, new to Texas A&M, would allow private companies to use their own capital to construct the projects.

State Rep. John Raney of Bryan this year authored a bill that gave regents the authority to sell or lease Texas A&M land. The measure cleared the way for such public-private partnerships.

One proposal would be a 4,000-bed West Campus Housing Project that would be built on 46 acres along University Drive.

Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, Trolling or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to comments@kbtx.com. Please provide detailed information.

powered by Disqus
KBTX-TV Channel 3 4141 E. 29th Street Bryan, TX 77802 Phone: (979) 846-7777 Fax: (979) 846-1490 News Fax: (979) 846-1888
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 222884921 - kbtx.com/a?a=222884921
Gray Television, Inc.