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Board reviews unused school property; preliminary title search finds no reversionary interest
Summary
District staff reported a preliminary title search found no reversionary clause on an unused school property; the board discussed maintenance costs, an aging gym roof likely needing replacement within a year and options including appraisal and public sale; staff recommended pausing spending until the board decides.
Marion County School District staff reported that a preliminary title search for an unused property returned no reversionary interest, meaning the district appears to own the parcel free of the special-use clause staff had worried about.
Beau, a district staff member who researched the deed, told the board, “Beau did find this deed, and I went to the courthouse and did a little more research myself, and I see no encumbrance of us being able having a problem from that angle from the legal side being able to do that.”
Why it matters: The property includes a gym and other structures that the district…
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