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Brief: NIC to lease property for Aerospace program

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NIC is in the process of establishing a property lease for the aerospace program.

The lease will be for a location near the Hayden Airport.

This property is five acres, has two buildings with approximately 15,000 square feet and is fully paved.

“In addition to doing the aerospace, the beauty of this is that we can move out of the Ramsey Technical Building, of which we are currently paying $84,000 a year on the lease and move into this facility which is $58,000 per year,” President Joe Dunlap said. “There’s a saving of about 25,000 dollars per year to the college.”

Dunlap said that the first 16 months of the lease can be paid out of the aerospace grant.

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