ATLANTA - University of Georgia President Michael Adams has authority to negotiate a settlement with five fraternities so the school can have the land their houses are on for a redevelopment project, the State Board of Regents said.
UGA and the University System of Georgia aren't saying how much Dr. Adams could pay to get the fraternities to move. The regents voted Tuesday to allow Dr. Adams to negotiate a settlement with Chi Phi, Kappa Alpha, Phi Delta Theta, Pi Kappa Alpha and Tau Epsilon Pi.
After little discussion, the regents approved the settlement authority during a closed-door meeting of its Organization and Law Committee. Dr. Adams wouldn't comment on his discussions.
Regents spokesman John Millsaps said the authority granted to Dr. Adams by the board limited the amount of the settlement.
He said the board wouldn't disclose the figure, citing an exemption for real estate purchases in the state's open-records laws, to avoid weakening Dr. Adams' hand in negotiations with the fraternities.
The fraternities have already turned down a UGA offer of $15 million in financing on new houses, according to the Athens Banner-Herald.
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