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District staff support second 30-day extension for movie-lot sale as Pulte negotiates with Hatfield Township
Summary
The finance committee voted to send a proposed second 30-day extension of the Pulte due-diligence period on the movie-lot sale to the Jan. 23 action meeting; a court hearing on the sale is scheduled for Jan. 27.
The North Penn School District Finance Committee recommended placement on the Jan. 23 action agenda of a proposed second amendment to the sale agreement for the movie lots, extending Pulte's due-diligence period by 30 days to a total 165 days from the original contract date and moving the deadline to March 3, 2025.
District staff said Pulte asked for the extension because it is…
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