COLLEGE STATION, Texas (AP) — Texas A&M University System regents have approved ground leases to allow private developers access to school land.
The Eagle newspaper reported Sunday that the action frees up A&M officials to enter into ground leases with private companies.
Chairman Phil Adams says the regents discussed the items Saturday during a closed-door executive session. The negotiations, new to Texas A&M, would allow private companies to use their own capital to construct the projects.