School properties liquidated

School District #83 properties sold total more than $1 million.

Selling vacant or under-used school district properties has injected more than $1 million into the School District’s capital coffers.

Last year, the school district put six properties on the market and only one still remains listed.

The sold properties total a value of $1,085,000.

They include: the closed down Ashton Creek School which sold for $210,000; vacant land  at 5th Ave SW for $150,000; Mount Ida school property for $175,000; former North Broadview school for $280,000 and the new Jackson annex for $270,000.

The remaining property listed for sale is at 6540 50th Street North East, which is known as the North Canoe Annex.

The money from the sale of properties can not be used to fund the school district’s operational expenses.

 

Eagle Valley News