north-dakota-state-board-of-higher-education-meeting-minutes_cd4.pdf
BSC new residence hall project awarded to Mystic LLC
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Description
BSC approved a ground lease agreement with Mystic LLC for a new 350-bed residence hall project valued at $22.5 million. The 30 year agreement allows BSC to purchase the building for $1 after 30 years
Contract Details
Contract Amount
$22,500,000
Vendor
MYSTIC
Agency
North Dakota State College Of Science, ND
Contract Type
Lease
Document Date
September 16, 2025
Contract Term
30 years
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