Real Estate Transaction Advisory Committee

Policy Administrator: Vice President for Facilities and Operations

Authority: N.J.S.A. 18A:64-6

Effective Date: February 22, 2017; December 5, 2018; September 23, 2020

Index Cross-References:

Policy File Number: VI-60

Approved By: Board of Trustees

The Real Estate Transaction Advisory Committee provides review and recommendations to the University President regarding any proposed purchase, sale,
or lease of property by Stockton University in support of the University’s mission.

The voting members of the Real Estate Transaction Advisory Committee shall consist of the Vice President for Facilities and Operations, who shall serve as Committee Chair, the Chief Financial Officer, the Chair of the Board of Trustees (or Chair’s designee), the Chair of the Buildings and Grounds Committee, the University President (Ex Officio), as well as designated non-voting University staff .

The Real Estate Transaction Advisory Committee will review and study, as necessary or appropriate, any proposal for the purchase, sale, or lease of property by the University. The Committee has authority to obtain any internal or external studies or reports and to engage any consultants or advisors as necessary or appropriate to make a recommendation to the University President.

Review History:

Policy Administrator 05/06/2020

Divisional Executive 05/11/2020

General Counsel 05/29/2020

Cabinet 06/04/2020

President 06/05/2020

Board of Trustees 09/23/2020