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Meeting Date:
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2/27/2024 - 5:00 PM
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Category:
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Adoption of Consent Agenda
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Type:
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Action
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Subject:
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Approval of Exclusive Right-To-Buy Listing Contract with CBRE for 10235 Parkglenn Way
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End Statements:
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Enclosure
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Attachment #1: EXCLUSIVE RIGHT TO BUY LISTING CONTRACT DCSD 2.20.24
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File Attachment:
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Summary :
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Douglas County School District (DCSD) has been made aware of property for sale at 10235 Parkglenn Way in Parker. The property consists of a 23,950 square foot educational building located adjacent to Highway 83, South Parker Road, between Lincoln Avenue and Plaza Drive. The facility was constructed in 2004, includes 16 classrooms, offices, over 100 parking spaces with circulation for pick up and drop off, and a basketball play area. The current owner has also made Capital improvements to the property.
The property on Parkglenn Way would be ideal to house the Parker Bridge and Child Find programs currently located on a two acre site owned by DCSD at 11722 Dransfeldt Road in Parker. The Dransfeldt site consists of substandard mobile classrooms for Bridge and a 40 year old former house converted for use by Child Find. The former house is not fully ADA compliant. Because of this urgent need, the 2023 Bond included a replacement facility to house these programs. The Parkglenn Way property could also potentially support additional programs.
DCSD has submitted a non-binding Letter of Intent to the seller of the Parkglenn Way property. Pending successful negotiations, DCSD would submit a contract to purchase the property to the Board of Education for approval. The contract would include an inspection period to allow DCSD to complete all due diligence prior to closing.
DCSD has engaged CBRE, Inc. to represent the interests of the District and assist in the process to purchase 10235 Parkglenn Way. CBRE is a commercial real estate firm prequalified by DCSD through a competitive Request for Proposal process.
Attached is the Exclusive Right-To-Buy Listing Contract with CBRE for Board of Education approval. This contract specifies the terms of the relationship and obligations between the District and CBRE.
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Funding:
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Recommendation:
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That the Board of Education approve the exclusive right-to-buy listing contract with CBRE for 10235 Parkglenn Way under Adpotion of Consent Agenda.
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Approvals:
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Recommended By:
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Signed By:
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Richard Cosgrove - Chief Operations Officer
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Signed By:
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Mary Kay Klimesh - General Counsel
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Signed By:
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Erin Kane - Superintendent
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Vote Results:
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| Original Motion | | Member Tim Moore Moved, Member Becky Myers seconded to approve the Original motion 'That the Board of Education approve the exclusive right-to-buy listing contract with CBRE for 10235 Parkglenn Way under Adpotion of Consent Agenda.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0. | | The motion Carried 7 - 0 | | | | | Susan Meek | Yes | | Becky Myers | Yes | | Kaylee Winegar | Yes | | Christy Williams | Yes | | Brad Geiger | Yes | | Valerie Thompson | Yes | | Tim Moore | Yes | |
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