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Governor signs bill enabling lease of Southwood property; district to draft lease
Summary
Administrators told the board the governor signed legislation allowing the district to lease the Southwood property to a local entity; the administration will draft a lease and return to the board for approval before any lease is executed.
Superintendent reported Aug. 25 that the governor signed legislation permitting the district to lease the Southwood property to a local entity, a development administrators said had years of local negotiating behind it. The district met with local stakeholders last week and plans to draft a lease agreement that will be brought to the board for review and action before any lease is executed.
Administrators said architects have sketched conceptual plans showing where a school could be located on the property if future enrollment required building a new facility; those plans are for contingency and would be revisited before any change of use. The board will see the lease draft and related documents in a future meeting before any binding action is taken.
Why it matters: The signed bill creates a mechanism for the district to use a property asset (lease rather than immediate disposal or sale) while preserving options should enrollment change in future years.
