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The Lake Mountain School District board approved a lease-to-own contract for the district office at 1307 North Commerce Drive in Saratoga Springs, citing close collaboration with city officials to structure favorable early payments.
Julie King praised the city of Saratoga Springs for arranging a payment schedule that eases the district's initial capital strain. King explained the agreement includes interest-only payments for the first four years to reduce near-term cash demands while the district establishes itself.
Board Member Strong moved to pass Resolution 2025-001; Board Member Judkins seconded the motion. The board approved the resolution by unanimous voice vote.
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