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Mayor introduces proposed $3.33 million purchase of three intermediate school properties
Summary
Mayor Dailey Jones introduced Ordinance 2025-59 to negotiate the purchase of Chestnut, Maple and Pine Intermediate Schools from the North Olmsted Board of Education for $3,330,000; the ordinance was placed on first reading for future consideration.
Mayor Dailey Jones introduced Ordinance 2025-59, authorizing the mayor to negotiate and enter into an agreement with the North Olmsted Board of Education to purchase three school-district-owned properties commonly known as Chestnut Intermediate School, Maple Intermediate School and Pine Intermediate School for consideration of $3,330,000.
The ordinance was introduced and placed on first reading; no vote or detailed terms were recorded at this meeting. Council President Brossard scheduled a Special Council Meeting for June 10 and asked the Finance Director and Economic Development Director to appear at the Finance Committee meeting to discuss property-related measures.
Why it matters: acquisition of three intermediate school properties could affect municipal planning, future land use, and capital budgeting for the city. The introduction signals administration interest in pursuing negotiations, but specifics of any purchase agreement, funding sources, intended use or closing timeline were not disclosed at the meeting.
Next steps: the item will be reviewed in upcoming committee meetings and the special council session scheduled for June 10 to allow the council to consider readings and potential votes prior to the July recess.
