Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
CAPE GIRARDEAU, Mo. (AP) — Regents at Southeast Missouri State University have approved awarding a $7.7 million contract for first-phase construction of a Greek housing project.
The Southeast Missourian (http://bit.ly/1OijmtJ ) reports that even the lowest bid was nearly $500,000 over construction cost estimates. Kathy Mangels, the university's vice president for finance and administration, says an effort has begun to find ways to decrease the cost.
The university will lease fraternity houses, with money paid to go toward debt service.
Two houses are expected to be ready for occupancy next fall, and two more will be completed for the fall 2017 semester.
The project is part of an effort to increase student participation in Greek life at Southeast.
___
Information from: Southeast Missourian, http://www.semissourian.com
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
