Thompson Hall

University Committee on Real Property Acquisition and Disposal

MISSION STATEMENT                                                                                                 
To advise the President of the University on the acquisition (by purchase or philanthropy) and or disposal of real property.

RESPONSIBILITIES

The University Committee on Real Property Acquisition and Disposal (RPAD*) will work jointly, as determined by the Chair of the RPAD, with the Advisory Committee on Land and Property Use (ACLPU**) as well as, third parties external to the University community, regarding stewardship associated with the acceptance of potential gifts, acquisitions and or disposal of real property.

MEMBERSHIP

Vice President for Finance and Administration (Chair)
Provost and Vice President for Academic Affairs
Associate Vice President for Facilities
President of the University of New Hampshire Foundation
Chief Sustainability Officer of the UNH Sustainability Academy
Dean of the College of Life Sciences and Agriculture
Chief of Staff, President's Office
Chair of the Advisory Committee on Land and Property Use
Faculty Senate Planning Committee Representative
Town of Durham Director of Planning
(or authorized delegate)

GIFTS AND OR ACQUISITION OF PROPERTIES

The RPAD will thoroughly assess the costs, risks and benefits to the University of any proposed gift and or acquisition of real property. The issues to be evaluated include, but are not limited to:

  1. Environmental liabilities and impact.
  2. Acceptability of donor terms.
  3. Community and donor relations.
  4. Long term cost of ownership.
  5. Economic value of property.
  6. Relevance of the property to University programs.
  7. Relation of the property to the Master Plan.

If the RPAD recommends to the President that the University accept the gift, it will include in its recommendation a proposal as to whether the gift should be sold, held for at least some period of time and or be held by the University in perpetuity. If the recommendation is to hold the property, it will include a proposal as to how the property will be used (in consultation as appropriate with the Space Allocation and Repair and Renovation Committee (SARRC) and which department of the University shall be responsible for its management.

DISPOSAL OF PROPERTIES

The RPAD will thoroughly assess the potential disposition of any property owned by the University. The issues to be evaluated in relation to any potential disposal include, but are not limited to:

  1. Assess the centrality of the property, or its current use, to academic programs.
  2. Assess environmental and conservation issues.
  3. Assess the role of the property within the context of the University’s Master Plan.
  4. Research and review all deeds and gift covenants to ensure that the University has the legal right to dispose of the property.
  5. Obtain an independent market appraisal of the property consistent with University policy.
  6. Determine highest and best use of property in terms of leasing, timber valuation, exchange, partnership agreements, cash sales and or gifting.

Upon completion of this analysis and due diligence, the Committee will evaluate the extent to which the property or the disposal alternative would make a greater contribution to the mission of the University.

COMMUNICATIONS

The RPAD recognizes its responsibility to develop and deploy an effective communication program both internal and external to the University community. Interested parties would include local counties and communities, private environmental or conservation groups and historical societies. RDAP meeting agendas will be shared with members of SARRC.

Note:

* Formerly the University Advisory Committee on Lands and Property (UACLP)
** Formerly the University Land and Property Use Committee (ULPUC).




*You are viewing pages printed from http://www.unh.edu/
These pages appear differently when viewed online.

If you are the owner of this site and you would like to print the page as it appears online, please refer to the file "QuickStart.html" for instructions.