Deal near for sale of Nettleton School
The Duluth school system is a step away from unloading one of the last of the leftovers from the so-called "Red Plan" approved 11 years ago. After discussing the deal in closed session, the School Board on Tuesday voted unanimously to approve the...
The Duluth school system is a step away from unloading one of the last of the leftovers from the so-called "Red Plan" approved 11 years ago.
After discussing the deal in closed session, the School Board on Tuesday voted unanimously to approve the sale of the former Nettleton Elementary School, one of the two schools not yet sold or repurposed in the wake of the long-range facilities plan.
But there's no word, yet, on the sale price or on the prospective buyer.
"The board ... has authorized entering into a purchase agreement," said Doug Hasler, the school system's CFO. "That purchase agreement has not been executed yet. We anticipate that will happen very soon."
Since the facilities plan was approved and several existing schools were closed over several years, the school system has sold Woodland Middle School, the old Lincoln Park School and Morgan Park Middle School. The former Rockridge Elementary, originally for sale, now is being used for clients of The Hills Youth and Family Services, whom the school district educates.
That left the "new" Central High School and Nettleton, which is located in the Central Hillside neighborhood. Nettleton's student population merged with Grant School to form Myers-Wilkins Elementary School.
But no one will count Nettleton as sold until the deal is actually signed. In each of the past two years, deals for the sale of the building to be used as housing were reached, only to have the prospective developers back out.
"Fingers crossed," board member Alanna Oswald said.
Commercial broker Greg Follmer, who is handling both Central and Nettleton, has since dropped the listing price for Nettleton from $480,000 to $150,000.