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SURPLUS DISTRICT PROPERTY
SURPLUS DISTRICT PROPERTY
(Seven-Director Districts NOT Located Totally or Partially within St. Louis County)
The district purchases property with public funds to further the educational mission of the district, and the Board expects district employees to care for and use district propertyefficiently. When the district no longer needs property or the property is not suitable to the district's needs, the Board, by an affirmative vote of a majority of the whole Board, mayauthorize and direct the sale or lease of the property in accordance with law.
Real property may be sold or leased by listing the property with one or more real estate brokers and paying a commission upon such sale or lease. Real property not disposed of inthis way may be sold or leased to the highest bidder. Personal property may be sold or leased to the highest bidder or otherwise disposed of as allowed by law. The Boardreserves the right to reject all bids. Property may also be sold or leased for public uses and purposes to a city, state agency,municipal corporation or other governmentalsubdivision of the state located within the boundaries of the district.
The superintendent or designee shall create administrative procedures to implement this policy in accordance with state law on the sale of surplus property.
Adopted: Sept. 12, 2001
Revised : Feb. 15, 2012
Cross Refs: FC, School Closings, Consolidations and Reorganizations GBCA, Staff Conflict oflnterest
IIA, Instructional Materials Legal Refs:
177.091, 260.269, RSMo.
New Franklin R-I School District, New Franklin, Missouri
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