DISPOSITION OF REAL PROPERTY

DISPOSITION OF REAL PROPERTY

po7300Adopted July 11, 2016Revised December 6, 2019

7300 - DISPOSITION OF REAL PROPERTY

The Board of Education believes that the efficient administration of the District requires the disposition of property and goods no longer necessary for the maintenance of the educational program or the operation of the School District.

"Real Property" means land, including land improvements, structures and appurtenances thereto, but excludes moveable machinery and equipment.

The Board shall direct the periodic review of all District property and authorize the disposition by sale, donation, trade, or discard of any property not required for school purposes in accordance with the provisions of this policy and Policy 7310 - Disposition of Surplus Property. The Board must approve the terms of any sale, lease or other disposition of real property.

The Board may offer real property for sale by any reasonable method, including listing with a real estate broker, soliciting bids, or auction.

© Neola 2019