Antioch College
(2009-05-21)
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YELLOW SPRINGS, OH
(WYSO) -
The time is drawing near for an agreement to be reached regarding the future of Antioch College. A task force comprised of representatives from both the University and Antioch College Alumni have been negotiating since January. Art Zucker, Chair of the Antioch University Board of Governors, says a long list of issues has been resolved.
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"I think the definitive agreement, which is the legal document defining this transfer of assets, is very close to be agreed upon. THere are two to three points that still need some negotiation, but it's very likely that these will be resolved," says Zucker.
Some of the remaining points of negotiation include details about the business and curriculum plan, and legal issues regarding the transfer of endowments from the University to the new entity.
"It's really a financial matter. No matter how we cut it, no matter what agreements are, it all comes down to the ability to fund it," says Zucker.
The task force has set June 30th as a final deadline for an agreement.
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