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Board approves agreement with West River Foundation to sell house built by building trades
Summary
The board voted to approve an agreement in which West River Foundation will purchase and resell a house constructed by the district's building-trades program; the agreement specifies expense reimbursements first and then remaining proceeds to the foundation, and attorneys advised against restricting buyer selection to educators.
The Spearfish School District board on Feb. 10 approved an agreement with the West River Foundation under which the foundation will purchase a house built by the district’s building-trades program and handle its sale.
Under the agreement, the West River Foundation will also buy a lot through the city at Sky Ridge, fund foundation work and moving expenses, and pay to put in the house’s foundation. The district’s stated role is construction…
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