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Board hears legal guidance on Old Quincy High School request and Faith Apostolic mortgage options
Summary
The board received legal guidance about a request from Quincy Main Street to receive the Old Quincy High School property and about options to address an outstanding mortgage with Faith Apostolic Church, including foreclosure, deed in lieu or sale of the promissory note.
Legal counsel advised the Gadsden County School Board on two separate property matters: a request from Quincy Main Street for the Old Quincy High School property and the district’s options regarding an outstanding mortgage held against property formerly sold to Faith Apostolic Church.
Miss Minnis, who provided the guidance, told the board the statute governing disposal of educational property requires the board to determine the property is no longer needed for educational purposes, adopt a resolution to dispose of it, and “take diligent measures to dispose of educational property only in the best interest of the public.” She said the statute does not precisely define “best interest,” so the board should document due…
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