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Magnolia ISD board authorizes purchase of 43,473-square-foot parcel near Brantley Lane
Summary
The board unanimously approved purchase of a roughly 43,473-square-foot parcel near Brantley Lane in Montgomery County for district facilities, and authorized the superintendent or designee to negotiate and execute the final sale and related documents.
The Magnolia ISD Board of Trustees voted 7-0 Jan. 31 to approve the purchase of an approximately 43,473-square-foot parcel near the north line of Brantley Lane, east of Buddy Riley Blvd., north of FM 1774 and south of FM 1488 in Montgomery County to be used for district facilities. The motion (No. 6079) was made by Dacia Owens and seconded by Sonja Ebel; the minutes record unanimous approval.
The motion authorizes "the Superintendent or its designee to negotiate and execute a final sale and purchase agreement, as well as any related or ancillary documents, amendments, closing documents, and other post-closing documents." The agenda lists Dr. Erich Morris as the presenter for the land item; the minutes record the approval but do not include further public discussion on planned use or financing.
