by Kate Knable
Posted 10/12/2012 03:49 pm
Updated 8 months ago
The University of Central Arkansas Board of Trustees agreed Friday to continue its relationship with The Oxford American literary magazine.
The board unanimously approved a five-year deal that will obligate the Conway university to provide the nonprofit magazine with free, on-campus office space and annual operational funds of $50,000.
In turn, the OA will provide UCA with two full-page ads in each quarterly issue, employ two unpaid interns from the university each academic year, host an on-campus event every year, and establish an editorial board that will include two UCA representatives.
UCA stepped in to assist the OA in 2004 when the magazine was struggling financially. UCA provided 1,096-SF in on-campus office space and $700,000 in cash support. The OA's plans to pay back the $700,000 were reaffirmed in the new agreement.
"President [Tom] Courtway and [Publisher Warwick] Sabin have been working on this agreement together over the past few weeks and we understand both parties will sign it next week," said UCA spokesman Jeff Pitchford in an email.