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Florence School Board approves ground-lease deal with county to build Savannah Grove Elementary
Summary
The Florence School District 1 board approved a resolution to ground-lease district property to Florence County and lease back the school portion to build the new Savannah Grove Elementary, with shared ball fields and bonds due to close next week; groundbreaking is targeted for late May or early June.
Florence — The Florence School District 1 Board of Trustees voted to approve a ground-lease resolution enabling a joint development with Florence County to construct a new Savannah Grove Elementary School.
Dr. O’Malley, the district superintendent, said the agreement will lease district-owned Savannah Grove property to the county and then lease back the portion where the school will sit so the county can fund and build shared ball fields and infrastructure that will serve both the district and the county. He told trustees the bonds financing the project…
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