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Board pauses sale, unlists 14-acre district parcel after buyer withdraws
Summary
Following a buyer's withdrawal, the board voted to unlist the district's largest landholding after the high school (about 14 acres). Superintendent Kim said the buyer terminated after the city declined to participate in the state's MURAL affordable-housing program; the board favored retaining the parcel for now.
The Silver Falls SD 4J board moved to unlist a district parcel formerly under contract after the prospective buyer terminated the transaction.
Superintendent Kim told the board "Our buyer did, bail out of our transactions, so they terminated that." Kim said the buyer's decision appeared partly connected to the city's unwillingness to participate in the state's MURAL affordable-housing program; Kim described the city as "not ready to do that at this time." She said a listing agent recommended relisting at the prior pending price of $3,000,000 but that the district's financial position is not the same as when the property was first listed.
Board members discussed options including relisting, holding the property for a future middle-school site or housing subdivision, and acknowledged the parcel's constraints: about 14 acres with slope and wetlands. Several members favored pausing a sale and retaining the land as a district asset.
The board then moved and seconded a motion to unlist the property and approved it by voice vote; the transcript records "Aye" responses but gives no roll-call tally.
Why it matters: the decision keeps a large district-owned parcel available for future educational or capital uses rather than selling for one-time budget relief. The board noted the interplay of city planning, affordable-housing programs, and market conditions in the buyer's withdrawal.
