This is another important step for the project," said Susan Neal, TU's associate vice president of public affairs and economic development.
The authority's action allows for the $2.25 million sale of the vacant Hartford Building at 111 S. Greenwood Ave.
The building has 74,772 square feet and an appraised value of $2.68 million.
told the authority that TU
made it clear that to make this kind of investment "we needed to take title and ownership of the property in advance of spending $1.5 million on the design and schematics."
Following the closing of the sale, Neal
said due diligence work will begin on the building before the design process can begin.
The design work is estimated to take between six to nine months.
Once completed, it and the schematics will be brought back to the authority for approval.
Construction will then follow, Neal
Construction of the school is only one of the important steps needed for the project.
Also under way is the accreditation process, Neal
noted that Upham said he
could find "no finer legacy to show our concern and make a contribution toward the health, education and welfare of our city."