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Bristol Warren votes to authorize sale of 317 Market Street tied to collaborative dissolution
Summary
The school committee approved a resolution authorizing the sale of 317 Market Street, a building owned by a regional collaborative that is dissolving. Committee members said six of eight districts have already approved the sale; proceeds were estimated to partially offset higher tuition costs after a nearby career center closed.
The Bristol Warren Regional School Committee voted to approve a resolution authorizing the sale of 317 Market Street in Warren, a building owned by a regional collaborative that the committee said is dissolving.
The resolution was presented under Rhode Island General Laws "sixteen-three-one-ten" as cited in the meeting. According to the superintendent, six of the eight member districts have already authorized the sale; the motion was presented so Bristol Warren could register its vote as one of the remaining districts. The committee approved the resolution by voice vote.
Committee members asked for and received clarification about how proceeds will be handled. One member estimated the net proceeds to fall "somewhere between $200,000 and $300,000" after liabilities are paid; the transcript records that figure as an estimate. District staff explained the proceeds should not be considered an ongoing revenue source but rather an offset for one-time increased tuition costs the district incurred after the East Bay Career Center closed and students were placed in higher-cost out-of-district programs.
The committee approved the resolution authorizing the sale and noted that, once the sale is finalized, liabilities tied to the building will be paid and remaining funds will be distributed among the participating districts per the collaborative99s dissolution process.
Action recorded: - Resolution authorizing sale of 317 Market Street pursuant to "RI General Laws sixteen-three-one-ten": motion made and seconded; approved by voice vote. The transcript records that six other districts had already approved the sale; exact vote tally on this motion was not recorded in the available transcript.
The committee did not vote on how to allocate proceeds beyond the collaborative99s described process; staff said specific distributions will follow the settlement of liabilities and the collaborative99s agreements.
