The Moline-Coal Valley School District 40 Board of Education voted Aug. 25 to buy the property at 1405 Eleventh Street in Moline for $200,000 plus closing costs, and to demolish the building after acquisition.
The board approved a motion authorizing Vince Gallo, the district’s chief financial officer, to "execute all documents and do all things necessary to effectuate the purchase of the property upon terms that he and the superintendent deem acceptable." The purchase decision followed a closed-session discussion described at the meeting as relating to the purchase or lease of real property for the public body.
Board members recorded aye votes during a roll call after the closed session: Jason Farrell, Lindsay Hines, Jeff Maness, Audrey Adamson, Ramona Dixon and Chaita Smith. The motion carried.
The board’s action distinguished discussion from decision: trustees first moved into a closed session to consider whether to acquire a parcel of real property; after that closed session the board took the formal vote to purchase and to authorize the CFO to complete the transaction. The motion text specifies the district’s intent to demolish the structure after purchase; the board did not state a planned reuse or replacement building during the public portion of the meeting.
Clarifying details recorded at the meeting: the purchase price is $200,000 plus closing costs; the property address is 1405 Eleventh Street, Moline, Illinois; the motion explicitly authorizes the CFO to finalize documents "upon terms that he and the superintendent deem acceptable." The decision immediately followed a closed-session discussion on the parcel; the board did not provide further public details about the terms, funding source, or demolition timeline at the Aug. 25 meeting.
Next steps listed in the motion include executing closing paperwork and completing any actions required to effectuate the purchase; the district did not announce construction, disposition, or program plans tied to the parcel at the meeting.