SOUTH DAKOTA BOARD OF REGENTSDonation Agreement • August 6th, 2018
Contract Type FiledAugust 6th, 2018Dakota State University (DSU) requests authorization to proceed with finalizing and executing the Sanford Health Donation Agreement set forth in Attachment I (Donation Agreement). Pursuant to the terms of the Donation Agreement, Sanford Health will contribute $5,000,000, payable in ten (10) annual installment payments to the DSU Foundation. Given the dollar amount involved and associated commitments, Board approval of this agreement is necessary. In exchange for the donation, Sanford Health would receive an exclusive “health care presence” (Section 2 of Attachment I) and exclusive “health care presence” advertising and signage recognition (Section 3 of Attachment I) at the DSU Memorial Fieldhouse and DSU Trojan Field for a term of ten