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    ASU pulls application for former reserve center

    8:51 AM, Nov 15, 2012   |    comments
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    JONESBORO, Ark. (AP) - Arkansas State University has backed away from its plan to buy a former U.S. Army Reserve Center for use as a math and sciences facility.

    Chancellor Tim Hudson says financial factors caused the university to withdraw its application. The school estimated that it would cost $1 million to $2 million to renovate the building for use as Arkansas State's Math and Science Academy.

    The property was declared surplus as a result of the 2005 Base Realignment and Closure Act recommendations. ASU submitted an application for the property in 2007.

    Mayor Harold Perrin tells The Jonesboro Sun (http://is.gd/YkAVzg ) that the city will pursue its previous plan to convert the reserve center into a major police precinct.

    (Copyright 2012 The Associated Press. All rights reserved.)

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