Hillsborough County Public Schools Facilities
Action Item

DATE: Tuesday, July 12, 2005
TO: School Board Members
FROM: MaryEllen Elia, Superintendent

SUBJECT / RECOMMENDATIONS

BRANDON WAREHOUSE
APPROVAL OF CONTRACT FOR SALE

EXECUTIVE SUMMARY

On January 13, 2004, the District declared the 26.84 +/- acre parcel at Interstate Commerce Park surplus property. The property has appraised for $3,119,000 and the District has received an offer that exceeds the appraised value. The sale will be "as is" and no brokerage commission is being incurred.

ANNUAL DISTRICT GOAL(S) AND CRITICAL SUCCESS FACTOR(S)

Critical Success Factor 6.a.8: Provide sufficient student stations to ensure uninterrupted student learning and data gathering as measured by District Operational Goals plan.

FINANCIAL IMPACT (Budgeted: No)

The proposed sale will result in an increase of $4,500,000 in revenue available for non-survey recommended school construction.

EVALUATION

SUBMITTED BY:

John M. Bowers
Department Manager, Planning & Siting
(813) 272-4609
James Hamilton
Chief of Staff
(813) 272-4101
6.04
Hillsborough County Public Schools (Florida) * Mtg.#20050712_146 * Section E Item# 6.04