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School board approves purchase of 41 Moores Road property for $7.5 million
Summary
The Great Valley School Board voted 7–1 to authorize purchase negotiations for about 24 acres adjacent to Great Valley High School, starting a 90‑day due‑diligence period and committing $400,000 in deposits if the district proceeds.
The Great Valley School Board voted 7–1 Tuesday to approve an agreement to purchase three parcels at 41 Moores Road in East Whiteland Township — just under 24 acres adjacent to Great Valley High School — for $7,500,000 and authorized the administration and solicitor to complete the transaction.
The purchase agreement presented to the board calls for a $100,000 deposit at execution and an additional $300,000 deposit at the end of a 90‑day investigation period. The district will use that period for environmental, title, feasibility and zoning reviews; if the district decides the…
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