MATTOON — Lake Land College plans to construct a Foundation & Alumni Center and a Workforce Development Center on its main campus in Mattoon.
The Lake Land College Board of Trustees is scheduled to consider a donation agreement for the Foundation & Alumni Center and a bond issue for the Workforce Development Center, plus other campus improvements, at its Monday, Nov. 11 meeting.
College President Josh Bullock said in a report to the board that the Lake Land Foundation has proposed donating $1.5 million for the construction costs of the planned Foundation & Alumni Center. He said the college will fund the remaining $200,000 needed for this project.
“The foundation is grateful to the late Burnham Neal, who included the foundation as one of the beneficiaries of his charitable lead trust, the foundation's source of revenue for the project," said Foundation board President Mike Bohannon at their Oct. 22 annual meeting.
Lake Land reported that the construction of the Foundation & Alumni Center will start in spring 2020 at the location where the Laker Nest Bookstore currently sits on the west side of campus. The bookstore will move into the newly expanded Luther Student Center.
The new center will house offices for alumni relations and the Foundation, a nonprofit corporation that oversees donations to Lake Land and student scholarships. The new facility also will have a large event room that opens onto the adjacent Alumni Park.
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Regarding the new Workforce Development Center, the board will consider issuing $11.5 million in bonds to fund the construction of this facility and other campus improvements. Lake Land would pay off the bonds during the course of up to 20 years.
Kelly Allee, director of marketing and public relations for Lake Land, said the college’s lease for the current Workforce Development Center office at 305 Richmond Ave. East in Mattoon will expire on June 30, 2021. This location is in a former Walmart building.
Allee said the new center will be built by spring 2021 northwest of the West Building. This 18,200-square-foot facility will house the Center for Business & Industry, the manufacturing skills lab, CDL training, adult education, and Department of Corrections administrative staff.
The bond issue also will fund the renovation of Neal Hall, and the equipping of four campus buildings with solar panels and technology improvements and equipment.
Monday's meeting is scheduled for 6 p.m. in the Board & Administration Center. More information is available at https://www.lakelandcollege.edu/board-of-trustees/agendas-board-books-minutes/.