| Van Buren Intermediate School District |
| Administrative Guidelines |
7311 - SALE OF CONSTRUCTED FACILITIES
| A. | When houses or other facilities, constructed by students in District programs, are ready for sale, the Board shall adopt a resolution to sell the facility. | |
| B. | The housing shall be appraised by a licensed appraiser. | |
| C. | The housing shall be either advertised in the local newspapers and/or listed with a local realtor. | |
| D. | Offers to purchase are to meet the following conditions: |
| 1. | Offers to Purchase are to be submitted to the Director of Finance and Operations, accompanied by a certified check in the amount of $100, which check will be returned to unsuccessful purchaser. | ||
| 2. | Offers to Purchase documents must indicate the method of financing. | ||
| 3. | The District reserves the right to reject any or all Offers to Purchase. |
| E. | The Superintendent shall review each offer for the Board to ensure it complies with the guidelines established by the Board in its sale resolution. | |
| F. | All legal documents relating to the sale of the housing shall be reviewed by an attorney of the District. | |
| G. | Recommendations are to be submitted to the Board, and upon approval of the sale, the Superintendent shall complete the transaction. |