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Gatesville ISD board weighs purchase of nearby former cable-TV building for $235,000
Summary
Trustees reviewed an unsolicited offer on a 1,800 sq ft former cable-TV building adjacent to district property; staff said the out-of-town owner listed the site at $235,000 and the board asked administrators to review finances and negotiate before returning in August.
At their July meeting, Gatesville ISD trustees discussed whether to pursue buying a small former cable-TV building directly adjacent to district property, a parcel staff said a broker had offered to sell for $235,000.
Presenter (S2) said the building is about 1,800 square feet with small carpeted meeting rooms, restrooms and storage, plus several satellite-dish pads on concrete in the yard. "For the minimal sum of 235,000, it can be yours," Presenter (S2) said, and asked trustees for initial direction on whether to pursue acquisition or decline because of limited district finances and parking constraints.
Why it matters: The property sits between the district's DAEP and the high school and, if acquired, could be used for district needs such as a school-supply store, food-mart or professional-development rooms, or cleared to square off campus property for future expansion.
Board members raised practical concerns: S6 said that squaring off district property would be valuable even if the building itself were demolished, while Chair (S1) said the board should avoid potential neighboring businesses that could be undesirable near schools (for example, vape or smoke shops). Presenter (S2) noted the seller is an out-of-town New York investment firm and that parking limitations could make resale difficult.
The board did not take an immediate vote. Presenter (S2) said he and another staff member will review district finances, attempt to negotiate with the broker and report back at the August meeting with recommendations.
Next steps: Administration will analyze the fiscal impact and negotiation possibilities and return to trustees in August with options and a recommended course of action.
