(A) As used in this section, "main campus" means the commission’s real property and facilities located on property currently owned in North Charleston by Trident Technical College, and "enterprise campus" means the main campus and all other real property and facilities designated by the commission. The properties designated by the commission are not required to be contiguous with the main campus to be designated as part of the enterprise campus.

(B) The commission may provide for the management, development, and operation of part or all of its main campus property by the Trident Technical College Enterprise Campus Authority.

Terms Used In South Carolina Code 59-53-450

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Personal property: All property that is not real property.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.

(C) The commission may enter into contracts with the Trident Technical College Enterprise Campus Authority for the provision of executive and administrative services to the authority.

(D) In the fulfillment of the power contained in this section, the commission may sell, convey, lease, exchange, transfer, or give all or part of its real and personal property and other assets constituting the enterprise campus to the Trident Technical College Enterprise Campus Authority upon terms and conditions the commission determines.

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