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Board agrees to sell Paonia Energy Tech building for $1.4 million

Facilities
Excerpt from May 28, 2026 minutes for Board agrees to sell Paonia Energy Tech building…
Official source excerpt: May 28, 2026 minutes; editorial caption by Our School Board · source-evidence

What happened

On May 28, 2026 the board allowed the superintendent to accept a $1,400,000 contract to sell the Paonia Energy Tech property at 218 4th Street to the Carl E. Burg Foundation. The notice of intent says the building cannot be used as a public or non-public school. On August 27 the board accepted a Wells Fargo release of a 2005 'ground lease' that had been recorded against the property when buses were financed, clearing the way for the sale. In October the board also listed an RFP for a broker to sell the Paonia bus garage.

Why it matters to families

Selling unused buildings brings in money and ends upkeep costs, but the buildings can no longer be used for schools.

The evidence

The May 28 minutes record the vote to accept the sales contract. The August 27 minutes record the lien release.

The source

May 28, 2026 board meeting minutes

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