Newberg SD 29J board approves $4.25 million sale of old Dundee property

The Newberg School District 29J board of directors voted to approve a purchase‑and‑sale agreement between the district and Cascadia Development Partners LLC for the former Dundee property at 140 Southwest Fifth Avenue in Dundee, Oregon, with a $4,250,000 purchase price.

Board members reviewed contract terms described by staff, including a staged deposit schedule: an initial total deposit of $200,000, $50,000 to be placed in escrow after 90 days, another $100,000 after 180 days, and a $50,000 fee required if the buyer requests an extension. Staff said the sale would take effect on signature and the parties anticipate closing within 12 months. No board member named as mover or seconder in the public record; the motion was recorded as carrying with six votes in favor and one abstention.

The board announced the item after completing an executive session under Oregon public‑meeting law to deliberate real property transactions. Staff noted the district currently holds a financing arrangement on the Dundee property with a balloon payment due in June; the district said it is pursuing refinancing to manage the timing of real estate actions.

The motion authorized the superintendent or designee to execute all necessary documents to complete the transaction. No additional conditions or amendments to the sale were stated in the public discussion.

Board members and staff indicated the transaction will be processed according to the contract timeline; staff will return with any follow‑up implementation steps as required.