ROCK HILL, SOUTH CAROLINA – Winthrop University has moved a step closer to purchasing the Courtyard at Winthrop residence hall from the Winthrop University Real Estate Foundation (WUREF).
At its Dec. 17 meeting, members of the Board of Trustees voted to approve resolutions for a Higher Education Revenue Bond necessary to secure the purchase, according to Board Chair Glenn McCall. The requested acquisition will go before the State’s Joint Bond Review Committee at its Jan. 29, 2025, meeting and, if approved, before the State Fiscal Accountability Authority at its Feb. 4, 2025, meeting.
WUREF’s current financing for the facility is set to mature in August 2025. University officials anticipate that the required financing will be significantly less than the “not to exceed” amount of $10 million.
The Courtyard, which opened in 2003, houses upperclassmen and honors students in suites of two or four bedrooms.
In other action, board members awarded a $7.8 million contract to Rodgers Builders to replace the HVAC in both Sims Science Building and Dalton Hall and to refresh the lobby areas. The contractor will put in new chemistry labs and a new generator for Sims as well as update the emergency power for Dalton.
Finally, Walker Electric Company was authorized to remove and replace the fire alarm system in Dinkins Hall at a cost of $275,550.
For more information, contact Judy Longshaw, news and media services manager, at longshawj@winthrop.edu.
