The Eastern Michigan University Board of Regents authorized
changes in the management agreement of the Eagle Crest
Conference Center and Golf Course at its meeting Oct. 24.
 |
UNDER NEW MANAGEMENT: Eagle Crest
Conference Center and Golf Course will be
managed by
a new nonprofit corporation, Eagle
Administrative
Services. At its Oct. 24 meeting,
the EMU Board
of Regents
authorized EMU
President Susan Martin to take action
to
terminate the current managment agreement
between
EMU and the Eagle Crest Management
Corporation. |
The Regents authorized EMU President Susan Martin to take
action to terminate the current management agreement between
EMU and the Eagle Crest Management Corporation, and to
enter into a new agreement with the new nonprofit corporation,
Eagle Administrative Services.
Earlier this year, the Board of Regents authorized an
ad-hoc committee comprised of Vice Chair Roy Wilbanks,
Regent Jim Stapleton and Regent Floyd Clack to examine
Eagle Crest's operational structure. Subsequent to the
completion of its review, the committee reported its findings
back to the full board.
"The Board of Regents believes that the creation of better
oversight, a clearer delineation of responsibilities and
authority, and the commitment to devote additional resources
to Eagle Crest will significantly improve its operations," said
Wilbanks. "We feel this new structure will accomplish that."
Eagle Crest Management Corporation (ECMC), a subsidiary
of The Eastern Michigan University Foundation, has managed
the Eagle Crest properties since July 2001. The University,
foundation and Eagle Crest Management Corp. mutually agreed
to terminate the management agreement and related commercial
leases Oct. 3.
The Board of Directors of Eagle Administrative Services
will consist of Wilbanks, Stapleton, Clack, the University's
chief financial officer and the University's associate
vice president for facilities.
