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Collierville board approves option to buy 25-acre site on Houston Levy Road for future schools
Summary
The Collierville School Board approved a contract option to acquire a 25-acre parcel north of Bailey Station on Houston Levy Road for $100,000 per acre (about $2.5 million) with a 90-day inspection period and environmental and permitting contingencies.
The Collierville School Board voted on March 25 to pursue a 25-acre land purchase on Houston Levy Road as part of long-range planning to preserve options for future school growth.
Consultant Grayson Vaughn, of Township Development Services, told the board the parcel was selected because sewer service is nearby, it avoids the bulk of floodplain and…
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