|Published:||Jun 21, 2012 9:37 PM EDT|
|Updated:||Jun 21, 2012 9:37 PM EDT|
ORLANDO, Fla. (AP) - A dispute over the transfer of land donated for Florida's newest state university is resolved.
The chairman of a Board of Governors committee overseeing the birth of the state's 12th university said on Thursday the donor agreed to drop a reverter clause from the transfer.
Board resistance to the reverter threatened to halt construction of Florida Polytechnic's campus in Lakeland.
Committee chairman Morteza Hosseini said at a board meeting in Orlando that the Williams Acquisition Holding Co. has agreed to make the transfer without the clause.
The company originally donated the land to the polytechnic branch of the University of South Florida.
The Legislature this year, though, created the new university to replace the South Florida branch.
The board also delayed appointing trustees for the new school.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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