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School board accepts $2 million offer for central warehouse, rejects owner‑financing option
Summary
The board voted June 10 to accept a reduced all‑cash offer of $2,000,000 for a downtown central warehouse property rather than pursue an owner‑financing arrangement; board members discussed potential uses for sale proceeds.
Ocala — The Marion County School Board on June 10 approved an amendment to the purchase and sale agreement for a downtown central warehouse property, accepting a reduced all‑cash purchase price of $2,000,000 rather than pursuing an owner‑financing option.
Mr. McGraw presented two potential amendment paths: one that would have the school board provide seller financing for a portion of the purchase price, and a second that would accept a lower all‑cash…
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