The Ohio Controlling Board convened on June 16, 2025, to address several key agenda items, including property acquisition for a university and the dissolution of Eastern Gateway Community College.

The meeting began with a discussion regarding the purchase of a small parcel of land adjacent to a university campus. The university representatives explained that acquiring this property would allow them to square off a larger parcel, which is essential for their ongoing master plan. The proposed developments for this site include student-facing facilities such as classrooms, a cafeteria, a mixed-use space, a welcoming center, and dormitories. The location is strategically important as the university is currently landlocked, and this acquisition would enhance their ability to serve students effectively.

Senator Ingram raised concerns about ensuring that the new developments focus on student housing rather than contributing to urban sprawl. The university representatives confirmed that the intention is to provide necessary housing options for students. Following this discussion, the board unanimously approved the property acquisition.

The meeting then shifted to item number 27, presented by Christina Frass from the Office of Budget and Management. She provided an overview of the situation surrounding Eastern Gateway Community College, which was placed under fiscal watch in March 2024 due to significant financial and academic challenges. The college's board of trustees voted to dissolve the institution and withdraw its accreditation. In response, Governor DeWine appointed a conservator to oversee the orderly closure of the college.

Frass detailed the steps taken to support students during this transition, including state subsidy advances that allowed the college to complete the academic year without disruption. The governance authority has worked to ensure that students receive their earned credits and degrees, with options for transferring to other universities. The current request for emergency funding is aimed at defeasing state credit-enhanced bonds, marking a crucial step in the college's wind-down process.

The meeting concluded with a focus on the importance of these actions for maintaining educational opportunities in Eastern Ohio. The board's decisions reflect a commitment to addressing the needs of students and the community during these transitions.