The University plans to open a community education center.
At a Selectmen's meeting in May, the University said it would pay at least $200,000 in rent if the Town of Framingham would renovate the building, including taking down some walls to create classrooms and re-carpeting.
Details of the lease were not released Tuesday night. Selectmen had an closed door meeting about the lease prior to its public meeting Tuesday night.
Framingham State plans to hold corporate trainings and its English as a Second Language program on the main floor of the building located across from the Village Green.
Town Manager Bob Halpin said the Danforth Museum proposal for renovation and relocation to the Maynard Building was submitted on Tuesday.
The museum is working with the town’s negotiating committee and should have a proposal by the end of June, he told Selectmen at their Tuesday night meeting.
The Maynard Building was originally built as an elementary School. In the 1980s, it became an office building. It housed the Superintendent of Schools, Special Needs and school administration offices were housed at Maynard until mold was discovered.