The State Board of Education has unanimously approved an agreement to build Idaho's first private medical school during its Thursday meeting.
According to the board's agenda, an investor group out of New Mexico has identified Idaho State University's Meridian campus as a future location for a private osteopathic medical school.
The investors, known as the Burrell Group, want to affiliate with a public university to build a private medical school.
The Burrell Group previously considered Montana as a possible location, but those discussions fell through in December.
Gov. C.L. "Butch" Otter and the Department of Commerce have reviewed the agreement.
The board's decision will come right before an anticipated big announcement Otter has planned afterward.
Otter's spokesman said the two were "maybe" related.