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Board presented purchase-and-sale agreement to sell Poindexter Elementary for $400,000 to housing partnership

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Summary

Administration recommended declaring Poindexter Elementary surplus and entering a purchase-and-sale agreement with MSD 2, Mississippi limited partnership representing Gulf Coast Housing Partnership Inc. and the Center for Social Entrepreneurship for $400,000 (with $5,000 earnest at signing and $35,000 additional upon securing funding).

The administration recommended that the Jackson Public School District Board of Trustees declare Poindexter Elementary School surplus property and approve a purchase-and-sale agreement with MSD 2, Mississippi limited partnership acting on behalf of Gulf Coast Housing…

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