http://www.springfieldnewssun.com/news/springfield-news/toasts-cheer-college-deal-185015.html
SPRINGFIELD NEWS SUN Toasts cheer college deal
Agreement clears the way for establishing a new, independent Antioch College.
By Dave Larsen, Staff Writer 9:06 PM Tuesday, June 30, 2009
YELLOW SPRINGS — Winds Cafe patrons clinked their glasses in celebration of a new, independent Antioch College.
“People were toasting to new beginnings and a hopeful new venture for this college that’s meant so much to the town for well over 150 years,” said Sam Eckenrode, a Yellow Springs real estate agent and newly elected member of the Antioch College alumni board.
The boards of Antioch University and the Antioch College Continuation Corp. announced an agreement on Tuesday, June 30, for the creation of the new college. The corporation will pay $6.08 million to obtain the Antioch College campus, its endowment and Glen Helen nature preserve.
Both boards hope to transfer the assets by Aug. 31 if all conditions are met. Plans call for a small, first-year class in fall 2011.
“It’s an important day for Yellow Springs,” Eckenrode said.
Jillyanna Morris of Glen Garden Gifts said the florist “delivered lots of flowers all over town congratulating various people.”
Phillip Bottelier of Yellow Springs said he hopes the college doesn’t make the same mistakes that caused it to close in June 2008.
“The only way to survive is to really get innovative,” Bottelier said. “So I ’m hoping they’re not going to try to stick to the status quo anymore, but really try to make changes.”
For past stories about Antioch College’s closing, go to DaytonDailyNews.com