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Glendora Unified approves exclusive negotiating agreement with Lewis Acquisition Company to explore property exchange
Summary
The Glendora Unified Board on July 29 approved an exclusive negotiating agreement with Lewis Acquisition Company to explore a potential exchange of district‑owned property, an exploratory step intended to inform any future surplus or exchange proceedings under state education code.
The Glendora Unified School District Board of Education voted July 29 to approve an exclusive negotiating agreement (ENA) with Lewis Acquisition Company LLC that will let the district and the developer explore whether one or more district properties could be exchanged for other real property.
District counsel Serene Abrahamian walked trustees through the statutory options for selling, leasing or exchanging school property, including surplus‑disposition steps, the 7‑11 advisory committee process and a separate exchange procedure under state education code that can allow an exchange without following the…
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