Review Agenda Item
Meeting Date: 9/27/2022 - 6:00 PM
Category: 11.0 CONSENT AGENDA
Type: Action
Subject: Contracts and Agreements: Amended Resolution Ratifying the Sale of the Keating School Property
Strategic Plan Alignment:
Enclosure
File Attachment:
Summary: On March 31, 2021, the Board adopted a Resolution approving the sale of the Keating school property to Keating School, a Colorado nonprofit
corporation, together with a Restrictive Covenant and Deed Restriction.
During the due diligence period, the title insurance company that was
selected by the Parties has updated and provided a more detailed legal
description based upon its additional title review. The company has
requested an amended resolution based upon the updated legal description, ratifying and confirming the sale and delegation of authority to close the transaction.
Funding:
Recommendation: The Board of Education approves the Amended Resolution Ratifying and
Confirming the Sale of the Keating School Property as presented in the
September 27, 2022, Board materials.
Approvals:
Recommended By:
Signed By:
Charlotte Macaluso - Superintendent