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Committee weighs sale, lease and continued operation options for Options in Education building
Summary
Trustees discussed selling the Options in Education building for about $300,000 versus continuing to lease; the program generates roughly $100,000+/year from contracted students, and Superintendent Wainwright will evaluate options and bring recommendations next month.
The Operations Committee considered the future of the Options in Education building on April 8, noting an estimated sale value of about $300,000 and that the program housed in the building generates roughly $100,000 or more per year from contracted students. Committee members discussed continuing to lease the space versus purchasing it, and raised concerns about property limitations, resale value, and long-term flexibility.
Superintendent Mitch Wainwright will evaluate the options and return a recommendation at next month's committee meeting; the minutes note the district should consider a potential five-year lease agreement if purchasing is not pursued. No formal vote was taken at the meeting.
