FOR IMMEDIATE RELEASE
Appraisal for Proposed Campus Site Completed
Payson, Arizona, August 19, 2014- — The appraisal for the 250-acre US Forest Service (USFS) site south of AZ Highway 260 was completed as scheduled on August 18th, 2014. The appraisal now will be submitted to the USFS Tonto National Forest for review. The USFS site remains the preferred location for the university campus in Payson.
Last summer, the USFS agreed to a direct sale process for the property. The appraisal is one of the final steps in the direct sales process. Once finalized, and the appraised price is accepted by the Rim Country Educational Alliance board, the USFS can move forward with preparation of a deed of sale.
Equally important, once the price is determined, the Rim Country Educational Alliance board can engage in more substantive discussions to determine financial models that will be acceptable to the Alliance, Arizona State University (the preferred educational partner), and the financial backers of the project.
“We are extremely pleased that the appraisal was completed on schedule. Now we just need the Tonto Forest to review it,” commented Steve Drury, president of the Rim Country Educational Alliance (RCEA). “We’ve been doing a lot of work behind the scenes, so that we’ll be ready to move forward, once the USFS process is finished.”
The USFS timeline allows for 30 days to review the appraisal.
About Rim Country Educational Alliance
Rim Country Educational Alliance (RCEA) is a Separate Legal Entity formed in 2011 by an intra-governmental agreement between the Towns of Payson and Star Valley, AZ for the specific purpose of engaging in activities that further the concept of higher or advanced education, and economic and workforce development in Arizona’s Rim Country. A Separate Legal Entity (SLE) is a stand-alone political subdivision of the State of Arizona. SLEs typically are formed for specific governmental functions and ordinarily include a county, city, town, or school district.
Contact for more information about Rim Country Educational Alliance:
Mary Kastner
Vice Chairperson
Rim Country Educational Alliance
(928) 595-2088
Email: kastner85541@gmail.com
http://www.universityinpayson.
Contact for more information about this press release:
Laura Ann Bartlett-Armstrong
Marketing and PR Committee Lead
Payson University Campus Volunteer Committee
928-468-0993
lxb59@yahoo.com
www.universityinpayson.com