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Tea Area board authorizes purchase of roughly 21.5 acres for future middle school
Summary
The Tea Area School Board voted to purchase roughly 21.5 acres for a future middle school, approving a roughly $1.07 million price and authorizing staff to pay closing costs up to $250,000.
The Tea Area School Board voted to move forward with the purchase of roughly 21.5 acres intended for a future middle school site, approving a purchase price of about $1,073,000 plus closing costs and authorizing staff to pay closing expenses up to $250,000 if a closing occurs before the next board meeting.
Wayne, who led the district’s due diligence review, told the board the district signed a purchase agreement with the property owners, “Medicor and Mortensen Trust, for approximately 21 and a half acres of land, purchase price of, $1,073,000 plus closing cost.” He said the district also…
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