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Board approves sale of surplus parcel known as '49 Land'; proceeds to capital fund
2707284 · March 20, 2025
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Summary
Trustees approved a purchase-and-sale agreement to sell a surplus district parcel (referred to as 49 Land) to a private buyer for roughly $1.138 million, with proceeds to be deposited in the district capital fund (Fund 40).
The Placer Union High School District board approved an agreement for the sale of surplus district property described in the packet as the "49 Land." The board voted to accept a purchase price of roughly $1.138 million and authorized the superintendent and counsel to finalize sale paperwork and close escrow.
District staff…
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