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Board approves easement and $193,000 memorandum with Ritenour Real Estate for Lakeshore Drive intersection work
Summary
The board approved a set of easements and a memorandum of understanding with Ritenour Real Estate LP covering right-of-way and drainage work at the Lakeshore Drive intersection; the company will pay the district $193,000, and all documents were vetted with district counsel.
The Schuylkill Valley School District board approved, by unanimous vote, a package of documents that grant temporary and permanent easements and memorialize a payment arrangement with Ritenour Real Estate LP related to construction improvements at the intersection of Lakeshore Drive and an adjacent access drive.
The memorandum of understanding (MOU) approved by the board specifies that Ritenour Real Estate LP will pay the district $193,000 as compensation tied to the construction and property adjustments required for the roadwork. The board also approved a combined temporary construction and permanent…
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