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Board approves purchase of 4.04 acres near district property for $75,000

Marshalltown Community School District Board of Education · December 16, 2024
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Summary

The district negotiated purchase of 4.04 acres adjacent to existing district land for $75,000; administrators said the acquisition increases contiguous holdings to about 20 acres—suitable for a future elementary site—and the board approved the purchase.

On Dec. 16 district administrators informed the board they had negotiated an agreement to purchase 4.04 acres of land north of existing district property (near Southridge Road and between Sixth and Twelfth streets) for $75,000.

Administrators said the parcel resolves prior access challenges because the district lacked direct road access to some of its holdings; acquiring the tract would bring the district’s contiguous property close to about 20 acres, an amount administrators described as suitable for a future elementary school site. The district confirmed an abstract exists for the parcel, reducing transaction costs.

Board members moved and approved the purchase in a unanimous vote. Administration said the acquisition would be consummated according to the negotiated terms and integrated into future planning for facilities.