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District negotiating private sale of former Audubon Elementary; three offers received in December

2391535 · February 26, 2025

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Summary

District staff reported the board-authorized private sale process is ongoing: three offers were received in December and administration is negotiating with the highest bidder; sale requires board approval and a court petition, expected to take six to 12 months.

At the Feb. 25 board meeting, administration updated the board on the former Audubon Elementary School property at 2765 Egypt Road in Lower Providence Township. The board previously authorized the administration to pursue a private sale of the 14‑acre parcel with a 55,000‑square‑foot building; the district solicited interest in fall 2024, conducted walk‑throughs and received three offers in December 2024.

District staff told the board they are negotiating terms with the highest bidder. The district said next steps include finalizing a proposed agreement of sale for board consideration, working with the district solicitor to prepare a petition for court approval of the sale, publishing required public notices, and attending the court hearing to secure approval — a process district officials estimated could take six to 12 months.

No final sale was approved at the Feb. 25 meeting. Board discussion and future updates will follow as negotiations and the court review proceed.

Provenance: update delivered by Doctor Sorghini during the Feb. 25 board meeting.