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Hillsboro SD 1J board approves resolution to declare surplus land in Cornelius, to seek appraisal and potential sale
Summary
Board approved a surplus property resolution to appraise and market roughly 41 acres in Cornelius, keeping about 10 acres reserved for future elementary use and allowing proceeds to be used within bond and allowable expenditure rules.
The Hillsboro School District 1J board on May 6 approved a resolution declaring surplus property and authorizing staff to appraise and market the district’s 41‑acre parcel in Cornelius.
District staff said the property was originally purchased with bond proceeds and that any use of sale proceeds would follow the restrictions tied to the original bond (for facilities, technology and related capital needs). "We would use any funding from this to purchase things that fall within the same guidelines as the original bond or … to purchase additional real estate," Director of Business Services Jeff Jones said during board discussion.
The district plans to reserve roughly 10 acres of the parcel for potential future elementary‑school use and to market the remainder for sale or other disposition. Staff noted Cornelius has planned housing growth and that filling a new high school there would be a very long‑term prospect; the district said it would hold sufficient acreage for elementary capacity while pursuing sale of nonessential acres.
Board members said they had already discussed the property with Cornelius city officials; Superintendent Travis Reim told the board that the district’s leadership had met with the Cornelius city manager and that the city is aware of and supportive of the district’s plan.
The resolution passed on a roll call vote. Board members and staff discussed using proceeds to address maintenance, IT and other capital needs that have been consuming bond and maintenance funds. The board asked staff to return if a specific plan is proposed for reallocating proceeds into reserve balances or the general fund.
The board’s action authorizes staff to engage a real estate agent and obtain appraisals as a first step; any sale would be brought back to the board for approval and would be subject to the legal restrictions tied to the original bond funding.
Ending: staff said they would continue coordination with Cornelius officials, keep the board informed of appraisal outcomes and report back with options for the use of any proceeds.
