The Missouri State University Board of Governors was busy Friday when it gave the green light to the school’s purchase of Brick City, approved new officers and voted to honor two government officials with awards.
MSU will buy four buildings in the Brick City development after receiving board approval, President Clif Smart confirmed this morning via email.
For $17.7 million, MSU now has the OK to buy buildings at 215, 327 and 305 W. Mill St. and 420 S. Campbell Ave. from Brick City LP and Brick City Two LP. MSU also has a two-year option to buy the property described in the board’s agenda as “Building 6,” 440 N. Campbell Ave., as well as the Brick City parking lot.
Matt E. Miller, the representative for the two selling companies, said via email this morning the sale is scheduled to close Jan. 23, 2019, pursuant to the terms of the agreement.
Home to its Department of Art and Design and a cooperative pharmacy program with the University of Missouri-Kansas City, MSU has leased portions of Brick City since 2009.
The board also approved plans to issue $17.7 million in educational facilities revenue bonds to pay for the Brick City purchase, Smart said.
During the Oct. 19 meeting, the board elected St. Louis resident Gabriel Gore as chairman and Springfield resident Craig Frazier as vice chairman.
Gore, a partner in the St. Louis law firm of Dowd Bennett LLP and a former assistant U.S. attorney for the Eastern District of Missouri, on Jan. 1 will succeed Carrie Tergin on the MSU board. Tergin is mayor of Jefferson City and also owns Carrie’s Hallmark Shop in the capital, according to a news release.
Frazier steps into Gore’s vice chairman role, setting the stage for him to become chairman in 2020. Frazier is currently a Springfield Innovation Inc. board member and previously served as chief operations officer for Ozark-based HealthMedX LLC.
The board also re-elected MSU Chief Financial Officer Steve Foucart as board treasurer and Kristan Gochenauer as the full-time secretary to the board of governors, according to the release.
Bronze to Blunt
The MSU board voted to give honors to former Missouri Gov. Matt Blunt and outgoing state Sen. Jay Wasson, R-Nixa.
Blunt, who in 2005 signed Senate Bill 98 to change the university’s name from Southwest Missouri State University, is scheduled to receive the annual Bronze Bear award during the Dec. 14 fall commencement ceremony, according to a news release.
“So much of the university’s growth in the last 13 years can be traced back to Gov. Blunt’s support for our vision,” Smart said in the release. “He understood then and now the value higher education brings to Missouri’s workforce.”
Missouri’s 54th governor, elected in 2004, Blunt also helped pass legislation that gave the state’s colleges access to $350 million for new facilities and economic development projects. An operating budget increase of $3.4 million, or 4.2 percent, championed by Blunt led to MSU’s curriculum partnership with Missouri University of Science and Technology.
Blunt now serves as president of the Washington, D.C.-based American Automotive Policy Council, a trade association representing public policy and trade interests with vehicle manufacturers, according to the release.
Past Bronze Bear recipients include philanthropist Bobby Allison, former MSU President Michael Nietzel and the late hotelier John Q. Hammons, the inaugural award winner in 1998.
The award comes with a 45-pound, 18-inch Bronze Bear statue modeled after the 14-foot version in front of MSU’s Plaster Student Union, according to the release.
The MSU Board of Governors chose Wasson for the Governmental Excellence Award.
Wasson, who’s terming out this year, is being honored for advocating for education, research and economic development. He is said to have worked to increase state funding for MSU, and in 2018, led litigation removing limitations on the school’s professional and doctorate degrees. According to the release, he also worked with other senators to reform the state’s tax increment financing laws to make funding available for MSU’s planned expansion of IDEA Commons downtown.
“He looks toward the future, and he sees the value that higher education provides in improving the state. Then, he fights to invest in that future,” Smart said in the release.
The fourth year for the Governmental Excellence Award, previous honorees are Gov. Mike Parson, Nietzel and Sen. Roy Blunt, R-Missouri.
Ensley & Swann Boutique & Marketplace opened; Paula Deen’s Family Kitchen added a Branson location; and attorneys Danielle Kincaid and Angela Myers started a new firm.
“You have to invest in your own personal and professional development, and that helps you stay relevant, stay on top of things that are trending, topics that you need to know about to be more …
“Baby Boomers, in particular, we get our identity or at least a large part of our identity from our work,” says Greg Burris, with Give 5 and United Way of the Ozarks. Having a retirement plan in …
Cody Ritter, owner of Base Construction & Management LLC, says it’s easy for builders to get work, but hard to find the manpower needed to staff job sites. “There’s a lot of good people, …
Springfield Diner is on the verge of a transformation. Dustin Myers and Jeremy Wells, owners of Longitude LLC, show Önder their vision to turn his restaurant into Klasik Diner. Incorporating both …
Erica Lea Hendrix, owner and lead designer at Erica Lea Design Studios, graduated from college during the recession and couldn’t find a job in her field. She worked as a nanny until she found an …
“You have to really have control of your distribution and also who is actually selling,” says Vera Gibbons, managing member with Baby Foot. Gibbons says they sold more than 60,000 units their …
“Startup capital is always a challenge, especially being African-American entrepreneurs, we don’t have a network we can pull from,” says SueAnn Hollowell, CEO of Optikal. Hollowell says she and …
Brandon Goodwin, co-founder and executive producer at Blend, says being successful with a creative business requires you to use both sides of your brain. While being committed to developing your …
Judy Hadsall, President and CEO of Multipli Credit Union, says she started in banking as a teller, but knew she wanted to get into commercial lending. She says her former boss, Rex Johnson, was …
Brandy Hickman, owner of 2B Well and Living Light with Brandy Lane, says one of the most important lessons she can share is to ask for help. “It is about getting the support that they need, …