Housing of up to 60 beds will provide student access to unique destination programs offered at the Campus
The Yavapai Community College Governing Board 4-1 approved in concept creation of a small student residence facility of up to 60 beds on the Verde Campus at its November Board meeting. The initial estimated cost for the facility was put at $9.25 million.
Actual approval for the housing project must come when the Governing Board meets in May 2023 and approves its budget. The plan does not include housing for faculty.
If approved, it is believed the Community College executives will use revenue bonds to pay for its construction. These are bonds that are issued upon approval of the Governing Board and do not use taxpayer funds for repayment. Rather, income derived from a variety of sources generated by the Community College are used for such projects.
It is believed that that the current residence halls on the Prescott Campus pay for themselves. In other words, they are not subsidized by County taxpayers. No doubt, Prescott based executives hope that the Verde facility will likewise pay for itself.
Following below are excerpts from the Master Plan approved in concept by the Governing Board:
