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Board continues facilities discussion: sales, donations and a 120-day due-diligence timeline
Summary
Board members asked for a single committee review of building dispositions, fundraising and sale proceeds; staff described a typical 120-day due-diligence period for property sales and said proceeds normally post to an "unforeseen" account unless the board directs otherwise.
Board members used the meeting to press staff for a comprehensive plan for district facilities, including the disposition of surplus properties, donations and potential demolition. The board discussed several properties on the agenda, including the proposed sale of the Grays Creek administrative building for $9,000,000 and the sale or lease of several former school properties to community partners.
Board member McKinney asked staff to provide a list of all properties the district has disposed of or listed for sale in the last fiscal year so the…
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