After returning from executive session at the Jan. 9 meeting, the Dover Board of Education voted to authorize the execution of a binding letter of intent (LOI) to pursue the potential purchase of property identified as 242 Route 46 and 242 Route 46 Rear in Dover.
The resolution authorizes the board president to execute a binding LOI for the potential purchase, but makes clear the purchase remains subject to board approval of a purchase agreement at a future regular meeting and any required government approvals. The motion to authorize the LOI was moved and seconded; during roll-call voting the members present recorded affirmative votes from Miss Acevedo, Miss Downs, T.C. McCourt, Scott Miller, Miss Phillips, Miss Pinellas, Dr. Senner, Susan Shower and Miss Sones. The resolution carried.
The motion’s text specified the LOI is binding in form but dependent on subsequent actions: final board approval of a purchase agreement and any external approvals required by law or regulation. The board did not adopt a purchase agreement at the Jan. 9 meeting; staff indicated further review and future board consideration will follow.
No dollar amounts or seller names were disclosed in the meeting record. The resolution’s minutes note the transaction remains contingent on customary due diligence and future board action.