Declaring Real Property & Authorizing Sale

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, pursuant to Texas Education Code Section 11.154, the Board of Trustees may, by resolution, authorize the sale of any property, other than minerals, held in trust for public school purposes;  

WHEREAS, the District owns that certain real property known as Armstrong Middle School, Davis Elementary School, and Forman Elementary School, as further described in Exhibit A, attached hereto and incorporated herein (collectively, the “Properties”);

WHEREAS, the Board has determined that after the end of the 2024-25 school year, the Properties will not be necessary to meet the then current and foreseeable needs of the District for educational purposes; 

WHEREAS, the Board has determined that the surface only of the Properties should be offered for sale, subject to approval of offer(s) by the Board and satisfactory contract(s) for the Properties in accordance with the process approved by resolution of the Board on May 7, 2024; therefore

Be it resolved,

1. That the findings and recitals in the preamble of this Resolution are hereby found to be true and correct and are hereby approved and adopted.
2. That the Board authorizes the Superintendent, or her designee, to take all action pursuant to the law and Board Policy CDB (Legal). 
3. That the Board authorizes the Superintendent, or her designee to comply with the requirements of Texas Education Code Section 11.1542.
4. That, after the District has met its obligations under Section 11.1542, the Board authorizes the Superintendent, or her designee, to  engage the City of Plano (the “City”) to determine whether the City is interested in offering to purchase the Properties for fair market value, prior to offering the Properties for sale by sealed bid.  
5. That the District’s Administration is authorized to work with the City to establish terms such that the Properties, 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.
6. That nothing in this resolution obligates the Board to accept an offer from the City or any entity, and any such offer is contingent on terms mutually acceptable to the parties and approval 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 17th day of September, 2024.