Quincy Mine Hoist Association Buys Back Property
Last Modified 4:16 PM on Mon Jun 15, 2015
February 21, 2014—
In September 2005, Michigan Technological University’s Board of Trustees unanimously authorized purchase of a piece of property on Quincy Hill from the Quincy Mine Hoist Association. Plans at the time were to use it as a site for a new A.E. Seaman Mineral Museum. Now, the University is selling it back to the Association.
“The Quincy Mine Hoist Association is really the ideal owner of the site,” said Glenn Mroz. “Their mission is to work to preserve the history of the area. Michigan Tech’s mission is to be a research and teaching university. It’s not that we are not interested or would not be helpful, it is just not the main mission of the university to own and operate historic landmarks.
Since then, donations from an alumnus of Michigan Tech, and others enabled the University to build an attractive new mineral museum opposite the Advanced Technology Development Complex on Sharon Avenue in Houghton.
Since the mineral museum has a comfortable new home and the use of the Quincy Hill property falls more naturally in line with the mission of the Quincy Mine Hoist Association, Michigan Tech’s Board of Trustees has voted to sell that property back to the QMHA. The association board has voted unanimously to buy it back for $1.00 (one dollar) .
“The Quincy Mine Hoist Association agrees that the A.E. Seaman Mineral Museum should be on the Michigan Tech campus,” said Dave Jukuri, president of the QMHA. “Michigan Tech and the Association have cooperated on many projects and will continue to do so. If we eventually sell the Quincy Hill property, the proceeds will go to help provide scholarships for metallurgy, mining, geology and minerals studies at Michigan Tech.”
Michigan Technological University (www.mtu.edu) is a leading public research university developing new technologies and preparing students to create the future for a prosperous and sustainable world. Michigan Tech offers more than 120 undergraduate and graduate degree programs in engineering; forest resources; computing; technology; business; economics; natural, physical and environmental sciences; arts; humanities; and social sciences.