ÍÃ×ÓÏÈÉú’s trustees approve resolution to support Oxford Fire and EMS funding
Additional work involved the review of the budget, enrollment, and facilities
ÍÃ×ÓÏÈÉú’s trustees approve resolution to support Oxford Fire and EMS funding
ÍÃ×ÓÏÈÉú University’s Board of Trustees approved Resolution R2024-xx, which includes the City of Oxford Fire and EMS Service Agreement and the ÍÃ×ÓÏÈÉú University and City of Oxford Economic Development Agreement.
This resolution aims to foster an attractive, safe, and economically viable community. The city will present a $2.6 million, 10-year fire and EMS real property tax levy in the General Election on Nov. 5. Upon passage of the levy, the university will contribute $1,270,000 annually to the city for the Fire and EMS Fund for 10 years, beginning Jan. 1, 2025. In addition, the City of Oxford has committed to investing $270,000 annually in economic development activities.
The trustees also:
- Authorized the operating budget for fiscal year 2025, which includes a 3% increment pool.
- Authorized the renovation of the Advanced Manufacturing Workforce and Innovation Hub located at the recently acquired property at 101 Knightsbridge Drive in Hamilton.
- Appointed Richard McVey as a national trustee.
- Bestowed the rank of 20 emerita/emeriti upon upcoming retirements.
- Approved the award of tenure to Liran Ma, chair of Computer Science Engineering, and Mohammad Mayyas, Engineering Technology.
- Approved the roof replacement project of McGuffey Hall.
The next meeting of the ÍÃ×ÓÏÈÉú University Board of Trustees is scheduled for Sept. 18-20, 2024.