Simplify the following text for a Grade 12 native English-speaking person.
Original: The city has two universities : the University of Leeds received its charter in 1904 having developed from the Yorkshire College which was founded in 1874 and the Leeds School of Medicine of 1831 , and Leeds Metropolitan University became a university in 1992 but can trace its roots to the Mechanics Institute of 1824 .
Simplified: Leeds has two universities : University of Leeds and Leeds Metropolitan University .