Vote now for AFA officers and campus representatives

Click here to vote before 5pm, Monday the 25th.

Use your ACCeID to login.

Vote now!

Media Advisory from ACC Public Information Office re: Land Purchase

For immediate release –  April 7, 2011

ACC Under Contract for Additional Land at Highland Mall

Contract follows purchases of former Dillard’s, Macy’s properties

AUSTIN, Texas (April 7, 2011) – The Austin Community College District is under contract with RedLeaf Properties, LLC, for the purchase of property at Highland Mall – the land on which the core of the mall is situated, for $14.6 million. The deal is expected to close in mid-May.

The 32.2-acre property is subject to a ground lease with the company currently operating the mall. Under the terms of that ground lease, ACC will be paid monthly lease payments. It is anticipated that businesses in the mall will continue operations according to the terms of their sub-leases with the ground tenant. After the expiration of the ground lease, ACC will develop the property for college purposes.

This acquisition, which includes more than 1,600 parking spaces, follows two other Highland purchases by the college. In May 2010, ACC bought 18.5 acres and a 194,000-square-foot Dillard’s building (the former women’s store) for $4.71 million, including costs and fees. In January 2011, the college purchased 12.8 acres and a 223,000-square-foot Macy’s building for $5.68 million, including costs and fees. Following the close of this transaction, ACC will own 63.5 acres at Highland, comprising 79 percent of the mall site.

“This purchase enables ACC to protect its previous investments in the Dillard’s and Macy’s properties, and will allow the college to develop the combined properties in a comprehensive and consistent fashion,” says Dr. Barbara Mink, chair of the ACC Board of Trustees. “This is a smart investment that protects the college’s interests and will ultimately bring a wealth of new educational opportunities to the community.”

These land purchases align with the college’s Master Plan, a long-term strategy to expand programs and services to meet dramatic increases in enrollment mandated by the state’s Closing the Gaps initiative. The Master Plan calls for the college to accommodate enrollment increases through new construction and existing campus expansions.

“ACC is experiencing tremendous growth, currently increasing by more than 4,000 students annually. That’s like adding an entire small college each year,” says Dr. Stephen B. Kinslow, ACC president/CEO. “With more than 45,000 credit students this semester, we already have great need to expand our infrastructure. These Highland acquisitions will play a key role in allowing us to continue meeting the vast educational and training needs of the region.”

The college is currently evaluating construction and renovation timelines for the Dillard’s and Macy’s properties. ACC is considering multiple potential uses for the combined tracts, including administrative offices, instructional space (particularly during planned renovations of current campuses), facilities for non-credit Continuing Education programs, and a conference center.

Board approves $5 per hour tuition increase

In order to help offset significant state budget cuts, the ACC Board of Trustees voted Monday night to increase tuition for all students by $5 per credit hour. The increase takes effect Summer 2011 (registration begins April 7). Summer tuition rates will be In-District $47; Out-of-District $155; Out-of-State $293.  This summer, ACC trustees plan to consider additional tuition increases effective Fall 2011 and Spring 2012 (even with the increase(s), ACC tuition remains among the lowest in the state. Meantime, the college is looking at additional ways to raise revenues and cut costs. Possible actions include:

Implementing personnel freezes
Increasing course limits
Eliminating low enrollment courses and programs
Reducing Weekend College offerings
Reviewing elective waivers of tuition/fees
Reducing  technology and capital outlay
Reducing facilities maintenance funding
Reducing administrative budgets by 10%

More details about the increase are available on the ACC homepage. You can also receive legislative updates online.