WSU meeting to discuss real estate cancelled

Wright State trustees plan to discuss real estate in a second closed-door meeting in just over a week.

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Wright State trustees plan to discuss real estate in a second closed-door meeting in just over a week.

Wright State University’s board of trustees have cancelled a meeting for today to discuss buying or selling land .

The agenda said the trustees were going to enter into executive session to discuss the purchase or sale of real estate but no other details were provided.

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Following a similar meeting last Tuesday, WSU board chairman Doug Fecher declined to say what property trustes are discussing. No action was taken by the board after last week's meeting.

Wright State officials have long discussed the possibility of selling off some of the college’s property or assets to save money and rebuild the school’s reserve fund, which was depleted by years of overspending.

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WSU officials in June took the first step to try to correct that overspending by slashing more than $30.8 million from the school’s fiscal year 2018 budget.

In October, Wright state trustees sold 11 unused lots in Yellow Springs for $350,000.

A new meeting has not been scheduled.

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