Board of Education
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Charlotte-Mecklenburg Board of Education
Agenda Item

Meeting Date
February 23, 2016

Agenda Item Title
Recommend Approval of Proposal to Accept Offers to Purchase Surplus Real Estate and Commence Upset Bid Process; Propose to Declare Additional Properties as Surplus

Staff Present

Peggy Hey, Executive Director of Facility Planning and Management


Main Points
  • ​The Board of Education previously declared its intent to sell certain land as surplus property that was presented at the October 13, 2015 BOE meeting.
  • CMS staff has solicited offers to purchase the Property.
  • Terms of the most favorable offers are identified in Exhibit A (Surplus Tracker)
  • CMS recommends that the Board of Education propose to accept the offers most beneficial to CMS and instruct staff to commence the upset bid process in accordance with state law.
  • CMS recommends declaring as surplus the properties identified in Exhibit B.  CMS staff will begin the process of accepting offers for sale if declared surplus.


Fiscal Implications
There is no immediate fiscal implication. There may be revenue received by CMS after possible sale.

Agenda Item Type
consent items

Recommend approval of proposal to accept offers to purchase Surplus Real Estate and to commence upset bid process. Propose to declare additional properties as surplus.