The final tract is the Pittenger property. It will be transferred to the County and subject to an Agency Agreement which authorizes the execution of the documents. In the event there are minor changes, the Board chair, vice chair, and superintendent are authorized to execute the documents. The three school projects require a deed of trust. Any permanent structures are part of the land.
Financing has to be secured.
It is anticipated that the Harris Road property exchange will take place with the developer. There are some convoluted transfers that need to take place. We should have closure in the next few days. If that is not done, we cannot close. Because of quick take, the condemnation could proceed.