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Board approves purchase process for Johnson modular home; price confirmed at $235,000
Summary
The Corona Municipal Schools board approved proceeding with the sale and transfer process to acquire a modular home/trailer from Tony and Julie Johnson for $235,000; the presenter said the transaction will be treated as a motor-vehicle transfer and the district must verify tax-exempt status and finalize documents within 30 days.
The Corona Municipal Schools board approved moving forward with the purchase process for a modular home (described on the record as a trailer) from Tony and Julie Johnson, with the presenter confirming a sale price of $235,000 and outlining steps required to complete the transfer.
Presenter (S3) explained that because the district has leased the land where the modular home sits, "it is not a real property" transfer and "it'll be treated as a transfer of a motor vehicle as opposed to an actual real estate property." The presenter said, "It was confirmed for a sale of $235,000," and described necessary next steps: verifying tax-exempt status with the county, notarizing documents and executing the sale within 30 days to avoid penalty.
Committee member (S2) moved "that we approve the process to complete the sale of the ... trailer or the purchase over from Tony and Julie Johnson back over to Corona Schools." The motion was seconded and the Chair called the vote; Committee member (S2) said "Aye" and no opposition was recorded on the audio, so the board approved proceeding with the sale process.
Recorded obligations and timeline: Presenter (S3) said the district will submit tax-status certification to the county and finalize notarized documents within 30 days. The board did not record additional conditions, funding source breakdowns, or a capital-accounting entry for the purchase on the tape.
Next steps: staff to verify tax-exempt status with the county and proceed with required documentation to complete the transfer within the stated 30-day window.
