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Board approves sale of former Nurse Strand building, extends short-term lease and tech services for tenant charter school
Summary
The board approved selling the former Nurse Strand property "as is" to a buyer associated with Grace Lutheran for $1, and approved short-term lease and tech-services extensions to allow the current charter-school tenant to document lease arrangements for state aid.
The Faribault Public School District board approved multiple property and service actions related to the former Nurse Strand facility at its Oct. 27 meeting.
Barbie Raessler, director of business services, said the district reached a purchase agreement in which the buyer will purchase the property "as is" and assume most closing costs; the district would receive $1 under the…
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