The head of the ECU Real Estate Foundation says it is possible Chancellor Steve Ballard could temporarily move into an off-campus house that they purchased.
The foundation recently purchased the home on Dartmouth Drive, which is in an upscale Greenville neighborhood. It's former owner, Dr. Ira Hardy, gave the foundation a $230,000 cash donation, while the foundation paid $500,000 for the home.
Bill Clark tells WITN News they ultimately plan to sell the property, but with the current bad market they may also use it as temporary housing.
He says if the chancellor's home undergoes renovation then Ballard could use the Dartmouth Drive location as a temporary home. Or it could be used as a recruitment package incentive for temporary housing for two new vice chancellor positions or the just opened athletics director position.
ECU says the recent purchase of an upscale home in Greenville by the East Carolina University Real Estate Foundation has nothing to do with the chancellor moving from his current home on 5th Street.
The foundation purchased the 4900 square foot home of Dr. Ira Hardy and his wife, Mary Ruth, for a half million dollars.
A university spokeswoman says there are no plans for Chancellor Steve Ballard to move. In 2010 there had been some discussion of the chancellor moving out of the Dail House or expanding the residence.
The foundation says it and the university are discussing ways ECU can use the home on Dartmouth Drive that it purchased.
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