Our view: There’s more to property sale, lossAs longtime Duluth schools critic Loren Martell alludes to in a Local View column on today’s Opinion page, the Duluth district paid $337,500 to acquire a home and property at 3132 Greysolon Place as part of the Long-Range Facilities Plan.
As longtime Duluth schools critic Loren Martell alludes to in a Local View column on today’s Opinion page, the Duluth district paid $337,500 to acquire a home and property at 3132 Greysolon Place as part of the Long-Range Facilities Plan. The district then realized it didn’t need the property, put it back on the market and sold it — for $160,000, a staggering loss of $177,500.
There’s more to the story, though, and the public has a right to know, even if the information doesn’t quell any taxpayer outrage.
The total amount spent to buy the home near Congdon Park Elementary was “all-inclusive, including the cost of relocating the owners to a new property,” district CFO and Business Services Executive Director Bill Hanson explained to the News Tribune Opinion page.
The district can be criticized for the amount it paid and the loss it took on the property, but wouldn’t it have been criticized even more loudly had it just bought the house and left the residents hanging, had it not helped residents who maybe weren’t crazy about selling in the first place find a new house?
The property was needed by the district to meet minimum property-size requirements for elementary schools, as set by the Minnesota Department of Education. Mid-project, the MDE changed the rules: a raw deal and one apparently out of the district’s control. “Please … understand the ever-changing rules we were dealing with,” Hanson said in an interview conducted by e-mail.
So there’s the rest of the story. At least now you know, whether still outraged by that $177,500 loss or not.