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Meeting Date:
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5/11/2021 - 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 Resolution Approving the Sale of Aspen View Academy Facility and Related Real Property to Aspen View Academy
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End Statements:
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Enclosure
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Attachment #1: Resolution
Attachment #2: Purchase and Sale Agreement
Attachment #3: Escrow Agreement
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File Attachment:
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Summary :
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The Board of Education is being asked to approve the sale of the Aspen View Academy facility and the related property upon which it was built located at 2131 Low Meadow Blvd, Castle Rock, Colorado to the Aspen View Academy Building Authority pursuant to an Installment Purchase Agreement between the District and Aspen View Academy. The resolution authorizes the President and Secretary to execute various documents in connection therewith, including a Purchase and Sale Agreement, a special warranty deed and an escrow agreement with UMB Bank, n.a. for the deposit of sale proceeds, if applicable.
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Funding:
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Recommendation:
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That the Board of Education approve the Resolution of the Board of Education of the Douglas County School District, Number RE-1 Authorizing the Execution and Delivery of a Purchase and Sale Agreement, A Special Warranty Deed, An Escrow Agreement, And Related Documents as Necessary; Approving the Forms of Such Documents; and Providing for Other Matters Relating Thereto under adoption of Consent Agenda.
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Approvals:
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Recommended By:
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Signed By:
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Sandy Maresh - Assistant Secretary Board of Education
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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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Kate Kotaska - Chief Financial Officer
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Signed By:
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Corey Wise - Superintendent
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