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Board declines single $50,000 bid for Cary RCA house; directs further work and re-advertising
Summary
The board rejected the lone $50,000 bid for the Cary Residential Construction Academy (RCA) house, accepted staff recommendation to retain the structure, complete exterior work with materials on hand, continue student construction work, and re-advertise the sale for a longer period.
Director Benyon presented results of a bid opening for the Cary Residential Construction Academy (RCA) house and recommended the board decline the single bid received.
Director Benyon said the district received one bid at the opening: "Dean Tara Olsen from Cary put a bid in of $50,000 for the house and the assets as-is," and staff estimates there are "about $78,500 in materials into the house currently." Benyon recommended rejecting the bid and maintaining possession of the house so the district's construction academies can complete exterior work and finishes to increase marketability.
Benyon described outreach efforts used to publicize the sale, including advertising in a local paper, sharing through the Lake County Builders Association and Realtors Association, posting on the district and Cary school websites, and flyers circulated by The Donovan Group. He said roughly 10 individuals expressed interest; three toured the house and only one submitted a bid.
Discussion among trustees and program staff focused on whether the advertising window had been too short. Benyon said scheduling and notice provided roughly two weeks for bidders and recommended extending the advertising period. He and John Parkinson, instructor for the RCA program, recommended using materials already in the shop and having students complete exterior siding and painting while re-advertising.
Trustee Turner asked about process improvements and whether the timeline limited bidders; Benyon agreed a longer advertising period would likely help. The board voted to decline all bids and keep the house. Motions to decline the bids were moved and seconded and approved by voice vote with the three trustees present voting aye.
No sale contract or buyer was approved; the district will complete additional work on the structure and re-advertise the property for sale at a later date.
