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District outlines timeline for moves and inventory; Norwood School sale reported confidential with buyer paying buyer’s premium
Summary
District staff reported progress on school moves and inventorying items for reuse or auction, set a tentative timeline to list vacated buildings several months after moves, and reported a confidential buyer for Norwood School with a sale amount of $265,000 plus a 10% buyer's premium.
District staff told trustees that moving and inventory efforts to vacate several buildings are underway and that the district expects to prepare some vacated properties for sale within the first semester of the next school year, with a realistic marketing timeline in the fall months.
On a campus project update, staff said substantial completion for building projects is expected by June 30 and that occupancy moves and…
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