The Pioneer Dorm ownership was transferred fromWestern Oklahoma State College Foundation to WOSC this week.
In early 1998, the Trustees of the WOSC Foundation Inc. began a lengthy process of discussing the possibility of building residential housing for students attending the college.
Eventually it evolved into a comprehensive agenda of activities including the support and encouragement of the Jackson County Public Trust Authority, WOSC Board of Regents and the WOSC Foundation, Inc. Board of Trustees.
The Jackson County Public Trust Authority approved the issuances of Student Facility Revenue Bonds Series 1998 in the amount of $1,940,000 providing necessary funding for the construction of a 48-unit residence hall facility on the campus of WOSC.
Long detailed activity took the foundation on ajourney of agreements with the WOSC Board of Regents, designing and approving the existing facility, hiring and supervising the construction with a construction management firm, approving and paying all invoices, leasing land from WOSC, management agreements and ending a 18-plus-year procedure of seeing all bonds redeemed and reaching the end of the lengthy process.
Thursday, the WOSC Foundation Inc. Board of Trustees presented a quit claim deed to the WOSC Board of Regents.
It was a day of celebration as Ron Lowell, chair of the trustees and Larry Duffy, WOSC Foundation executive secretary, relinquished all burdens and responsibilities to Dr. Dana Darby, chair of the WOSC Regents, Dr. Phil Birdine, president of WOSC and Tricia Latham, vice president for WOSC Business Affairs.