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Board sets price at $4.99 for 'Big White' parcel, approves offering it to adjacent landowner

Wall School District 51-5 Board of Education · April 16, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The board reviewed an appraisal and voted to offer the 'Big White' parcel to a neighboring landowner at the price discussed in the meeting (stated as $4.99); members noted that parcels at or below that threshold do not require sealed bids under current policy as described in the public discussion.

The Wall School District board reviewed an appraisal of a property referred to in the meeting as the 'Big White' parcel and approved offering the parcel to the adjacent landowner at the price discussed during the meeting.

Board members noted the appraisal and discussed whether to solicit sealed bids. One member moved to price the parcel at $4.99 and offer it to the adjacent landowner if they wished to buy it; the motion was seconded and approved by voice vote. During the discussion a board member noted that under the stated threshold (as described in the meeting), parcels priced at "$4.99 or less" do not require sealed bids. The board did not record detailed sale terms or identify the buyer publicly during the discussion; members asked follow-up questions about whether staff had contacted the landowner.

Clarity on the figure: The transcript records the price as "$4.99" as stated by meeting participants; the public record in the board packet should be consulted for the intended numeric units and precise legal description before any transfer or advertisement. The board approved the motion by voice vote and directed staff to proceed as discussed.

What’s next: Administration will follow the board’s direction on pricing and next administrative steps for sale or offer; the board expects staff to advise on any required public-notice or sale procedures if the buyer does not accept the offered price.