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District moves Font Boulevard property to public bid after failed public-partner talks

San Francisco Unified School District Board of Education · October 9, 2007
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Summary

The board authorized staff to proceed with public bidding for the 2.5-acre Font Boulevard parcel, setting an all-cash appraisal price of $13.75 million and allowing extensions and terms to attract more bidders after public-agency offers did not materialize.

Chief Facilities Officer David Golden updated the board on the status of the Font Boulevard parcel — approximately 2.5 acres and the former site of the School of the Arts — which the district has declared surplus.

Golden explained the statutorily mandated sequence: first offer surplus property to public agencies (city, county, community college, state entities) during a defined window, then proceed to a public advertising and bidding phase if no public partner purchases the site. The district had completed the public-agency offering period without a purchase agreement and has advertised the parcel for public bid with an all-cash appraised asking price of $13,750,000. Staff reported significant interest from single-user and broader real-estate bidders and recommended extending timelines and allowing terms to maximize district options.

The board voted to proceed with the advertised bidding process and to give staff authority to consider time and terms as permitted under the education code. Staff noted that public bid openings must be held at a board meeting and that members of the public may bid at that time.