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School district is ready to buy land
The Mercer Island School District has not acquired any new real estate since 1960, when they bought the property for West Mercer Elementary School.
But now, to free up space on the high school mega-block and move the transportation fleet off the mega-block, the district has identified property to purchase.
The board of directors authorized superintendent Gary Plano to sign a real estate contract to purchase the property at the Nov. 10 meeting of the school board.
The site that the district has identified contains three separate but adjoining parcels, located at 3901 97th Ave. S.E. and 3809 97th Ave. S.E.
Two of the parcels are owned by the Estate of Clarence A. Cameron, and the other parcel is owned by the Valentine Living Trust.
According to the district’s resolution, Cameron and Valentine entered into an agreement for joint listing and sale of the real estate in February, for the sale of the three parcels in a single listing with no separation of the parcels.
The sales price of the 2.12 acres is $2,550,000. Presently, the district does not have funding, so a bond will have to be put before voters. The district has until late spring of 2013 to close on the property.
“We need to lower the potential congestion around the mega-block,” said board president Pat Braman.
For more, go to misd.k12.wa.us.