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Socorro ISD trustees approve 30-year deed restriction to limit K-12 use if district properties are sold
Summary
The Socorro Independent School District board approved a resolution to include a deed restriction in any future sale of five district-owned properties that would bar use for K–12 education by entities other than the district for 30 years.
The Socorro Independent School District Board of Trustees on Oct. 15 approved a resolution that would place a 30-year deed and use restriction on any of five district-owned properties if those properties are sold.
The restriction would bar a purchaser or subsequent owner from using the property for K–12 educational purposes except by Socorro ISD or an entity affiliated with the district. The district’s administration said the restriction is intended to protect the district’s fiscal health and long-range facility planning.
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