The requested resource (/media/woub/header/news/header.html) is not available
Last updated 11:47AM ET
July 17, 2018
WOUB Local News
WOUB Local News
Proposed retirement center
(WOUB) - Ohio University is submitting a new agreement to the state for a proposed retirement center along Stimson Avenue.

It calls for National Church Residences to pay 60-thousand dollars a year for the site.

Approval is required by the Department of Administrative Services...which raised questions about an earlier proposal which would have cost N-C-R just one dollar a year.

The new document sets the annual lease at $40,000 for the 16-acre property.

It also includes a provision for National Church Residences to make payments of $20,000 per year to the City of Athens, Athens City Schools and possibly some Athens County projects.

N-C-R will build and maintain the facility if the lease is approved and the non-profit developer agrees to the final terms.
© Copyright 2018, WOUB