Resolution Regarding Certain Surplus Real Property

WHEREAS, pursuant to Texas Education Code Section 11.151, the Board of Trustees of the Plano Independent School District (the “District”) is authorized to acquire and hold real and personal property;

WHEREAS, as part of the District’s long range facility planning, the District may have surplus real property;  

WHEREAS, the District desires to implement a process whereby real property that is declared surplus is offered for sale to the city in which the real property is located prior to sale by notice and sealed bid; therefore

Be it resolved,

1. That, as to improved real property containing a facility that is declared surplus by the Board, the District will comply with Texas Education Code Section 11.1542.
2. That, as to (a) unimproved real property exceeding three (3) acres; or (b) improved real property, after the District has met its obligations under Texas Education Code Section 11.1542; the District will next engage the city where the property is located to determine whether the city is interested in offering to purchase the property for fair market value, prior to offering the property for sale by sealed bid. 
3. That the District will work with a city to establish terms such that the property, if sold, will be used for a purpose that is consistent with the surrounding property, benefits the community, and maintains the integrity and security of the neighborhood. 
4. That nothing in this resolution requires the District to accept an offer from a city or any entity, and any such offer is contingent on terms mutually acceptable to the parties and approval by the Board of Trustees.
5. That this resolution shall not apply to real property that is sold to another governmental entity under condemnation or threat of condemnation; or real property that is subject to restrictive covenants or restrictions that would prohibit or otherwise inhibit offering the sale of such property (such as a previous right of first refusal).
6. That the process described in this resolution shall remain in place until rescinded or otherwise modified by the Board of Trustees.   
7. That it is hereby found, determined and declared that a sufficient written notice of the date, time, place and subject of the meeting of the Board of Trustees of the Plano Independent School District at which this Resolution was adopted was posted at a place convenient and readily accessible at all times to the general public for the time required by law preceding this meeting as required by chapter 551, Texas Government Code, and that this meeting has been open to the public as required by law at all times during which this Resolution and the subject matter thereof has been discussed, considered and formally acted upon.  The Board of Trustees further ratifies, approves and confirms such written notice and posting thereof. 

FINALLY PASSED AND ADOPTED this 7th day of May, 2024.