"High Achievement always takes place in the framework of high expectation." - Charles Kettering

Thursday, April 7, 2011

Special Board meeting Monday April 11 at 5:30 p.m.

Click on the post to see the packet regarding the special board meeting to address selling one of the building trades homes, I believe. It will take place immediately before the regularly scheduled monthly board meeting in the District Board and Training Center. The following link will take you to the agenda for the regular board meeting. It all starts at 5:30pm on Monday April 11, 2011.



Anonymous said...

I was reading about this , is this a issue where citizens vote? The gazette makes it sound like the citizens of Evansville are given the opportunity to vote on this.

I found the explanation in the gazette to be confusing we were hoping you could way in on this.

Katy said...

I'm behind the eight ball on this one. I read the Gazette article and it looks like the owner of the lot in question is offering it as part of a deal to purchase the building trades home. If the district buys the lot, proceeds would go toward the purchase price of the BT home on the market since last year. The district could either opt to keep the land and build another home next year or sell the lot outright. Sounds kind of skeezy, placing the district in the role of a real estate agent. But in this bad market, creative ways are always being sought to sell a house. I hope the board holds off building another house until the one they built this year is sold too. Too much of the fund balance is tied up in illiquid real estate holdings, which defeats the purpose of a fund balance.