April 1, 2021 at 4:32 p.m.
City is out of running to buy building
School property had been considered for new police station
City is out of running to buy building
Jay School Board is expected to make a decision Monday on the sale of its administration building.
The City of Portland will not be the buyer.
In a letter sent Wednesday morning, Portland Mayor John Boggs informed the school board that the city would not be submitting a final bid for the property.
The deadline for final bids was noon Wednesday.
By state statute, a municipality is limited to offering the average of two appraisals when purchasing real estate. After the city had already put in an initial offer, Portland City Council on March 15 authorized Boggs to seek the necessary appraisals. Those were completed and discussed during a council executive session Tuesday.
Boggs’ letter to the school board indicated that the appraisals came in at an average of $297,500, well below the asking price of $325,000. Therefore, the city was unable to move forward with the process.
“The City of Portland wishes to extend its appreciation for the opportunity to bid on the above-mentioned building and property,” Boggs said in the letter. “We felt that moving the police station to the school administration building on Tyson Road would provide the best value to the community for the building in terms of taxpayer savings on a much-needed facility.”
During its March 15 meeting, the school board asked that the three interested parties turn in their final and best offer, as well as their proposed use for the site, to Loy by noon Wednesday. (School officials did not disclose the identities of those who made offers, though Corey Heniser of Brigade Electronics acknowledged his company’s bid at the meeting and Portland City Council discussed the city’s offer at a meeting the same night.) The board set a special meeting for 5 p.m. Monday to discuss the final offers.
Brigade is interested in the site to become its new U.S. headquarters. The city had considered the location as a possibility for a new police station.
School board members last month approved the sale of the wooded acres adjacent to Portland Memorial Park to Derran McGill at a price of $35,000. The former Judge Haynes building remains for sale.
The City of Portland will not be the buyer.
In a letter sent Wednesday morning, Portland Mayor John Boggs informed the school board that the city would not be submitting a final bid for the property.
The deadline for final bids was noon Wednesday.
By state statute, a municipality is limited to offering the average of two appraisals when purchasing real estate. After the city had already put in an initial offer, Portland City Council on March 15 authorized Boggs to seek the necessary appraisals. Those were completed and discussed during a council executive session Tuesday.
Boggs’ letter to the school board indicated that the appraisals came in at an average of $297,500, well below the asking price of $325,000. Therefore, the city was unable to move forward with the process.
“The City of Portland wishes to extend its appreciation for the opportunity to bid on the above-mentioned building and property,” Boggs said in the letter. “We felt that moving the police station to the school administration building on Tyson Road would provide the best value to the community for the building in terms of taxpayer savings on a much-needed facility.”
Jay School Board in January decided to put three pieces of property — its current administrative offices at 1976 W. Tyson Road, Portland, the former Judge Haynes Elementary School at 827 W. High St., Portland, and six acres of wooded land adjacent to Portland Memorial Park — up for sale. A month later, it hired Loy Real Estate and Auction to handle the sale of the three parcels.
The school corporation received three offers on the administrative office site, which includes about 5 acres of land. All three offers met or exceeded the initial asking price of $325,000.During its March 15 meeting, the school board asked that the three interested parties turn in their final and best offer, as well as their proposed use for the site, to Loy by noon Wednesday. (School officials did not disclose the identities of those who made offers, though Corey Heniser of Brigade Electronics acknowledged his company’s bid at the meeting and Portland City Council discussed the city’s offer at a meeting the same night.) The board set a special meeting for 5 p.m. Monday to discuss the final offers.
Brigade is interested in the site to become its new U.S. headquarters. The city had considered the location as a possibility for a new police station.
School board members last month approved the sale of the wooded acres adjacent to Portland Memorial Park to Derran McGill at a price of $35,000. The former Judge Haynes building remains for sale.
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