I live about 20 minutes from UGA and here is the info that I know.
In the early 1990's there was a fire in the chapter house (pictured in this thread). It caused $2mil in damage to the house and the members had to move out. Chapter was going to fix the damage but when the house was inspected if failed structurally. The chapter owned the house but not the land, land was a 99 year lease from campus. The chapter was going to rebuild the house on that site but the land lease was set to expire in 20 years and the chapter wanted to renew the land lease but the university wouldn’t do it b/c it was trying to run all the fraternities off of River Rd to make their own non-frat development.
So without a house the chapter struggle to survive and died out by 2003 (about the same time that I moved to this area, I couldn’t find any active guys). Charter was not pulled and the chapter was in good standing.
In 2003 the Alumni of MU Chapter finally settled its business with UGA and sold the house to them, which they quickly bulldozed along with the ATO house and another house on River Rd with they had acquired using similar methods.
In 2005 the Mu Chapter Alumni and Nationals re-started the active chapter without housing and made some head way.
In late 2006 they purchased and moved into small but adequate house on Meigs St, to house the chapter while they constructed a mansion to rival the old one on river rd.
But days after the purchase of the house on Meigs St the Athens City Govt passed several laws basically prohibiting new fraternity and sorority houses in the city.
So UGA tried to run the fraternities off River Rd (which is on campus) and the City Govt said NOT SO FAST, I don’t think so. And UGA is now trying to move Sigma Nu and others back to River Rd.
Note: only about 6-7 fraternity houses were on river rd in the 1990s, UGA had that number down to 3 as of 2006.
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