Photo by Les Stukenberg.
Originally Published: August 19, 2016 6:03 a.m.
PRESCOTT – One or more of the Prescott Unified School District’s facilities the Governing Board opted to market for sale has generated an offer from buyers who “believe in Prescott and really want to do something nice in Prescott,” according to the board’s hired commercial real estate broker.
Superintendent Joe Howard said the board has called a special meeting for Tuesday, Aug. 23, at 5 p.m. in the district office to consider the proposed offers in a closed-door session. A public session will follow allowing for public comment.
The Prescott Unified School District Governing Board will vote on a recommendation to award a contract to Southwest Roofing for just under $1. 5 million to replace the roof at Prescott High School.
Southwest Roofing is the recommended bidder from three vendors, said Chief Finance Officer Kevin Dickerson.
If the board approves the contract, the roof job will commence as soon as possible with a schedule that will allow work to be done after school hours on weekends so as not to disrupt student education.
Howard said the board may decide it will require more time to consider the proposals and, if so, the negotiations will remain private; however, if they opt to proceed, then the board would be required to take a vote and offer more specifics about the offers and properties to be purchased.
The three school buildings that the board voted to place on the market are the now-vacant Miller Valley School, 900 Iron Springs Road; the central district offices, 146 S. Granite St.; and the building now occupied by the Northpoint Expeditionary Learning Academy, 551 1st St.
Though the exact buildings under consideration were not specified, Commercial Properties Northern Arizona Principal and Broker JT Purvis said this deal has been in the works for more than eight months. Purvis’ company was awarded the board’s contract to market and sell the buildings earlier this month. The contract assumed a commission of over $100,000 based on what the actual sale prices will be.
Purvis advised the board at the time that there was considerable interest in the properties.
“Hopefully, I think you can move faster than you think,” he said at the time.
On Thursday, Aug. 18, Purvis said he could not offer any specifics, but confirmed he considers it a legitimate offer.
“It’s an extremely good offer for the school system, and to happen so quickly for them,” Purvis said, noting overhead for an empty building is not inexpensive.
Board President Scott Hicks said Thursday he is not aware of exactly which properties have prompted the recent interest, or the potential sale price, but said Miller Valley is certainly prime real estate on a busy commercial corner just diagonally across the Yavapai Regional Medical Center’s west campus.
The other two properties have been on the market now for a couple of years.
The board will do a careful review of whatever offers are presented to them, and “if things look good we may or may not take action,” he said.
Howard said this could be just the start of a process of board meetings, or if the offer is deemed acceptable the board could take a vote on Tuesday night. The agenda allows for whatever action the board decides is prudent based on whatever they review in the closed-door session.
“We’ll look at it, and see, and then go from there,” Hicks advised.