Saint Augustine's University has modified its request to sell property to shore up its finances in hopes of getting the state ...
The university will lease less than half its property to a developer rather than all 105 acres, as was originally planned.
According to the proposal, obtained by The N&O, St. Augustine’s could lose access to all of its land for the full 99-year term of the lease if it defaults on an additional agreement included in the ...
The revamped deal would no longer require the approval of the state Attorney General’s Office, which had expressed “serious concerns” about the initial proposal.
RALEIGH, N.C. (WTVD) -- Saint Augustine's University is restructuring a controversial land lease deal. Last month, ABC11 reported on a $70 million deal with the struggling Historically Black College ...
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