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Board reviews donated acreage and proposed $288,000 school property purchase with life‑estate restriction
Summary
At the Carter County Board workshop, staff described a donated tract and a proposed $288,000 property purchase for school use. The deed includes a life estate and a restriction that the board may not sell the property; funding source and sale repayment obligations were discussed. No formal vote was recorded in the transcript excerpt.
Dr. Carfender, staff member, briefed the Carter County Board workshop on a donated property and a separate proposed real estate purchase tied to school purposes.
Dr. Carfender said the donation paperwork includes a life estate and urged the board to review the donation terms. He described the proposed purchase as priced at $288,000 and noted the deed…
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