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Pasco school board approves sale of former Gulf High property to New Port Richey, 4-1
Summary
The Pasco County School Board approved a purchase-and-sale agreement for the former Gulf High School property in New Port Richey, including a 25-year restrictive covenant, a profit‑sharing clause if the city resells, and a city-led visioning process to preserve the site.
The Pasco County School Board approved a purchase-and-sale agreement for the former Gulf High School property in New Port Richey on a 4-1 vote. School Board Member Wright moved to approve the agreement; School Board Member Hernandez seconded the motion, and the motion carried 4 to 1.
The agreement includes a restrictive covenant that limits future uses of the property for a 25-year period, a profit‑sharing provision that obligates the purchaser to share net proceeds with the district if the property is resold within a set period, and explicit language intended to prevent multifamily housing as a permitted use. City Manager Debbie Manns told the board the New Port Richey Community Redevelopment Agency (CRA) will lead a community visioning process and plans to rely on CRA funds to…
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