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Board approves listing agreement to sell three surplus Broken Arrow parcels
Summary
Trustees approved a broker listing agreement with Pennington and Associates to market three previously declared surplus district parcels in Broken Arrow; proceeds will be placed in the building fund.
The board approved a listing agreement authorizing Pennington and Associates to market three district surplus parcels in Broken Arrow: 1.89 acres at 300 East Jackson; 40 acres adjacent to Broken Arrow Freshman Academy; and 1.83 acres south of Houston and Elm. Mr. Leach said the properties had been declared surplus and offered for public sale with no bids, which cleared the way for broker listing.
Mr. Leach told trustees that "proceeds from these sales will be deposited into the building fund." Trustees approved the listing agreement on a roll call. The district will return with sale details if offers are received and accepted.
