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USD 305 approves moving forward on sale of East Magnolia Street property, honors seller's right of first refusal
Summary
The board authorized district administration to proceed with selling a 26.62-acre parcel on East Magnolia Street, acknowledging an existing right of first refusal held by the original owner; board vote was 6-0.
The USD 305 Board of Education voted 6-0 to authorize district administration to proceed with the sale of district-owned property on East Magnolia Street while honoring a right of first refusal held by the original owner.
During a discussion of options for the 23.47 acres of buildable land and 3.15 acres in a creek area, a district presenter reviewed the purchase contract terms. The presenter said the property's layout and a median on Magnolia Street make it difficult to access for bus traffic, and that declining enrollment reduced the district's need for additional…
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