Review Agenda Item
Meeting Date: 5/14/2024 - 6:00 PM
Category: 11.0 CONSENT AGENDA
Type: Action
Subject: Keating School Transaction
Strategic Plan Alignment:
Enclosure
File Attachment:
Summary: Keating School, the Colorado nonprofit corporation purchaser of the Keating School building, has requested a one-year extension to make the final payment in order to allow for completion of asbestos abatement funded by a grant from the Environmental Protection Agency. Once the abatement is completed, the redevelopment process will begin.
Funding:
Recommendation: The Board of Education approves the request of Keating School, a Colorado nonprofit corporation, for a one-year extension of the promissory note and deed of trust related to the sale of the Keating School building, as presented in the May 14, 2024 Board materials.
Approvals:
Recommended By:
Signed By:
Charlotte Macaluso - Superintendent