Kingsbury may have buyers
November 22, 2013
While not receiving any actual offers, there are a couple of buyers interested in purchasing Kingsbury Middle School.
Douglas County School Superintendent Lisa Noonan told school board members on Tuesday night that there have been no bids or verbal offers for the $4 million school located at Lake Tahoe.
While no one has brought forward a formal bid for the school, she said that there were “people working in earnest to bring you an offer.”
Noonan said there were perhaps two potential buyers working on bids now.
“They want to keep it private for as long as possible,” she said. “But I told them that when they make a formal offer that information has to be public.”
Built in 1976, during the heyday of Tahoe growth, the building has 35,764 square feet on 22 acres.
The school has been on the market since January 2012 after being closed since 2008.
At their October meeting, school board members asked Noonan to discuss the asking price for the school.
While the board can alter the price, Noonan asked them not to for a while.
“I’d ask that you not make any drastic changes in the price,” she said. “It’s not the time of year to do that.”
Board member Ross Chichester agreed with Noonan that the time was wrong to alter the asking price.
“Let it ride,” he said. “We may do something in January, but spring or summer is when you sell things at Lake Tahoe.”
In addition to taking formal bids for the property, the school district must allow a qualified buyer to revise or make a verbal bid at the meeting.
The minimum appraised price for the property is $4 million. It’s possible if there were competing bidders for the price to increase above that.
While discussing what to do with a closed school, board members also discussed their policy for naming a new institution.
Noonan said she couldn’t find a policy regarding names in the district’s files.
With the potential accreditation of the alternative education program, ASPIRE, it’s possible the district will have another high school.
There are no plans to build a new school building for the program, whose name stands for All Students Pursuing Integrity, Responsibility and Education
Under the proposed policy, schools could be named for the geography they represent, or other features that represent Douglas County spirit or area.
Names might also be used to honor deceased persons who’ve made an outstanding contribution, according to the proposed regulation.
Board members tended to agree with the proposal, though there were some questions.
Chichester said sometimes personal names sometimes lose their meaning after a long time.
“Twenty-five years down the road, nobody knows who it is,” he said.
Board member Sharla Hales asked if a concept could be considered for a name, for instance, Aspire.
Noonan said she thought that it could.