TAMPA BAY, Fla. - A month after threatening to pull the plug on construction at the new Florida Polytechnic University, the Board of Governors appeared content with progress on a lingering land issue.
The new university, to be built in Eastern Lakeland, is set to split from USF on July 1. But the Board of Governors (BOG) was concerened in May about a reverter clause in place that could return the land one day to the developer that donated it. The reverter would trigger if the land was no longer used 100% as a university.
However, with this week's BOG meeting come and gone, construction is continuing without incident. The BOG's Mori Hosseini told the Lakeland Ledger that the donors agreed to remove the reverter clause. 10 News sources say the group has instead agreed to other conditions for the land.
Previous Polytechnic Coverage:
6/18/12 - JD Alexander's employee withdraws from trustee consideration after 10 News investigation
6/11/12 - Trustee hopefuls have questionable ties & lies
5/31/12 - Florida Poly gets booster club; JD Alexander gets gritty
5/23/12 - Board of Governors, USF negotiate Poly split
4/19/12 - Governor signs SB1994, creates Fla. Poly University
3/5/12 - USF deal struck, exclusive interview with Genshaft
2/28/12 - Genshaft told Poly accreditation will take 2-4 years
2/27/12 - Alexander actions have some asking why BOG exists
2/22/12 - JD Alexander: from USF cheerleader to USF critic
2/20/12 - College student warned of Alexander revenge
2/16/12 - Gov. Scott tells 10 News he's no fan of Poly bill
2/15/12 - Budget cuts live, but ''divorce settlement'' brokered
2/14/12 - 10 News leading charge to #SaveUSF
2/14/12 - USF fears "devastating" 58% budget cuts
2/8/12 - JD Alexander pushes "backdoor" for Poly independence
12/20/11 - Genshaft dismisses USF-Poly chancellor
11/10/11 - BOG grants USF-Poly eventual independence
11/7/11 - USF-Poly spends thousands on Star Wars statues
11/3/11 - JD Alexander's bully pulpit
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