Pin It
Favorite

Thursday, November 3, 2016

Going, Going, Gone: Burlington College’s Stuff Set to Be Auctioned

Posted By on Thu, Nov 3, 2016 at 7:16 PM

click to enlarge Burlington College - MARK DAVIS
  • Mark Davis
  • Burlington College
Updated November 7, 2016

When Burlington College closed its doors for good in May, professors and administrators left behind fully furnished offices and classrooms. Now the items remaining at the institution are headed to the auction block.

A public auction is scheduled at the college for 10 a.m. December 7. Bidders can also participate online. People’s United Bank, which foreclosed on the college in the spring, contracted the Morrisville-based Thomas Hirchak Company to conduct the auction. All items — more than 600 lots — will be sold to the highest bidder.

For now, chairs and desks are piled in the vacated classrooms at the North Avenue campus. The library’s shelves are still crammed with books, and artwork leans against one wall. There’s a refrigerator, cameras and video equipment, flatscreen TVs, rugs, and a 3,600-square-foot tent, according to the auction website.

“In some offices, it looks like [professors] could be back tomorrow,” said Burlington College board chair Yves Bradley.

According to Bradley, all proceeds from the auction will go to People’s United Bank, the college’s lender.

“The bank’s interest is to get rid of everything at the college and pay off the creditors that they have,” said board member Tom Torti.

Torti could not estimate of the value of the equipment to be auctioned. Representatives from People’s United Bank did not immediately respond to requests for comment.

The auction marks another step in the dissolution of the college. In 2010, the college took on $10 million in debt to buy a 33-acre property. The college, which last year enrolled fewer than 100 students, folded in the face of crushing debt.

In 2014, developer Eric Farrell purchased 27 acres of the lakefront college property. Farrell plans to build nearly 700 condo and apartment units in a development dubbed Cambrian Rise.

Meanwhile, the college is winding up its final administrative duties.

In July, with approval from the State Board of Education, the Agency of Education took control of all Burlington College student records and transcripts. The board allocated $18,000 in state funds to index and store the records until a permanent location is found, according to AOE spokesman Haley Dover. So far, Dover said in an email, the Agency has released transcripts to 31 students who requested them.

A handful of students are still enrolled at the college, completing work through the Williston-based apprenticeship program Vermont HITEC, said Torti. Burlington College will retain its accreditation through December 31 and will award diplomas or certificates to those students who finish the necessary coursework before the end of 2016, he added.

Around the same time, the three board members — Bradley, Torti, and Jane Knodell — will resign their positions and dissolve the board, the final act of college administration.

Tags: , , , ,

Got something to say? Send a letter to the editor and we'll publish your feedback in print!

Pin It
Favorite

Related Locations

About The Author

Katie Jickling

Katie Jickling

Bio:
Katie Jickling is a Seven Days staff writer.

Comments (2)

Showing 1-2 of 2

Add a comment

 
Subscribe to this thread:
Showing 1-2 of 2

Add a comment

Keep commenting classy! Read our guidelines...

Note: Comments are limited to 300 words.

Latest in Off Message

Recent Comments

Social Club

Like Seven Days contests and events? Join the club!

See an example of this newsletter...

Keep up with us Seven Days a week!

Sign up for our fun and informative
e-newsletters:

All content © 2016 Da Capo Publishing, Inc. 255 So Champlain St Ste 5, Burlington, VT 05401
Website powered by Foundation