That's the rate the Colorado Community College and Occupational Education (CCCOES) will pay to lease Trapper Health Club until 2008.
The Moffat County Affiliated Junior College District, which owns Trapper Health Club, voted to lease the health club to Colorado Northwestern Community College (CNCC).
The lease, in turn, will belong to CCCOES because CNCC became a part of the state system in July 1999.
The lease will go into effect July 1, 2000 and expire in December 2008. In 2008, all assets owned by the Moffat County Affiliated Junior College District (MCAJCD) will turn over to CNCC and in turn, CCCOES.
"This gives the college the opportunity to run our programs and look at other options for classes," CNCC-Craig Vice President Dean Hollenbeck said. "It also allows us to apply for state funds."
Hollenbeck said CCCOES may not have any clear benefits in acquiring Trapper but that "they support us and we can access some of their dollars.
"We feel good about the lease," Hollenbeck added, "and there will be no changes in day-to-day operations [of Trapper Health Club]."
The move will allow the CNCC-Craig board to keep control of the club. The board agreed to support the operations and maintenance of Trapper Health Club with up to $30,000 per year.
In other MCAJCD business, CNCC administrators presented a need for additional technology-related equipment.
The administration recommended the board approve spending $30,000 per year to keep up with technological advances on the campus.
Since becoming a member of the CCCOES, funds have been acquired by CNCC to keep up with advances. The state has implemented a $600,000 master plan statewide that will impact CNCC. This plan is ongoing, and money will be given to state colleges in smaller sums rather than a lump sum.
"[CCCOES] is providing funds for technology, but technology is racing ahead of us at a pace that is hard to keep up with," Les Marstella, CNCC vice president for administrative and information technology services, said.
Hollenbeck sees keeping up with technology as "a real struggle." He said his computer can run only one or two programs but, "I will not replace my computer until all the other (student computers) are done."
The board voted to continue the paralegal program and the Small Business Development Center (SBDC).
"There is a tremendous need for people with some legal expertise," Hollenbeck said. "We are having requests for (paralegal) students."
You can go to the Front Range, stand on the side of the road with a sign proclaiming your paralegal degree and you will be hired before dark, Hollenbeck said.
As far as the SBDC, the center has provided $1,444,000 in loans for businesses. Eighty percent of the loans went to Moffat County business while the remaining dollars helped businesses in Rio Blanco and Routt counties.
The board appointed Kandy Kropinak to fill a vacated board seat. She will replace Shane Warrick, who resigned in May.