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Meeting Date:
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11/15/2022 - 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 Contract to Sell Real Estate at 312 North Cantril Street, Castle Rock, Colorado
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End Statements:
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Enclosure
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Attachment #1: Contract to Buy and Sell Real Estate for 312 North Cantril Street, Castle Rock, Colorado
Attachment #2: Board of Education Resolution Authorizing Sale of Property
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File Attachment:
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Summary :
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CBRE, the District’s real estate firm, has facilitated the completion of a contract to sell 312 North Cantril Street to the Town of Castle Rock for $3,525,000. The sale price is based on a third party appraisal and reflects fair market value for the property “as is.” The Town of Castle Rock indicates that the intended use of the property will be for public use and benefit the community. District staff is recommending the Board of Education approve this contract.
On August 23, 2022, the Board took prior action related to the Cantril property, including:
Approval of a Resolution declaring the property surplus.
Approval of the Exclusive Right-To-Sell Listing Contract which authorizes CBRE as the real estate agent for the District regarding the sale of the property.
Approval of a Resolution waiving the bid requirements that the school property be disposed of by sealed bid or by public auction.
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Funding:
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Recommendation:
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That the Board of Education approve the Contract to Sell Real Estate at 312 North Cantril Street, Castle Rock, Colorado 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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Richard Cosgrove - Chief Operations Officer
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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 Ray D Moved, Member Elizabeth Hanson seconded to approve the Original motion 'That the Board of Education approve the Contract to Sell Real Estate at 312 North Cantril Street, Castle Rock, Colorado under adoption of consent agenda.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 7 Nay: 0. | | The motion Carried 7 - 0 | | | | | Ray D | Yes | | Susan Meek | Yes | | Elizabeth Hanson | Yes | | Mike Peterson | Yes | | Becky Myers | Yes | | Kaylee Winegar | Yes | | Christy Williams | Yes | |
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