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Board approves third extension on Barrett Padilla Academy sale agreement

2711120 · March 18, 2025
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Summary

The Caddo Parish School Board approved a third amendment to a buy‑and‑sell agreement relating to Barrett Padilla Academy, including a nonrefundable $5,000 extension fee; the measure passed 9-0.

The Caddo Parish School Board voted 9-0 on March 18, 2025, to approve the third amendment to the buy‑and‑sell agreement and related extract resolution concerning Barrett Padilla Academy. The motion was moved by Mister O'Shell and seconded by Miss Veil.

Board member Miss Yates asked for clarification that this was an additional extension and whether the buyers were working to finalize financing. A staff member answered that the buyers had asked for a nonrefundable $5,000 extension. No further public comment was recorded on the item.

The motion passed unanimously. The amendment authorizes the extension of the purchase timeline with the stated nonrefundable fee; staff indicated the extension is the buyers' request to finalize financing and that the district had no unresolved issues with the transaction.