North Royalton City Schools Board of Education Meeting Agenda 2026-04-16
Feasibility Period Extended For Albion School Sale
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Description
The Board approved a third amendment to the purchase agreement with GreyFoxRE LLC for the former Albion School site, allowing a $25,000 extension payment to extend the feasibility period to June 15, 2026. The extension payment will be credited toward the purchase price while all other terms of the agreement remain in effect.
Contract Details
Contract Amount
$25,000 extension payment (credited to Purchase Price)
Vendor
GREYFOXRE LLC
Agency
North Royalton City Schools, OH
Contract Type
FACILITIES
Document Date
April 16, 2026
Contract Term
Feasibility Period extended to June 15, 2026
Renewal Date
2026-06-15
Renewal Info
Third amendment to the 2024-08-15 Purchase Agreement extends the Feasibility Period via a $25,000 payment that is applied to the purchase price; all remaining terms are ratified and affirmed.
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North Royalton City Schools Board of Education Meeting Agenda 2026-04-16
North Royalton City Schools Board of Education Meeting Agenda 2026-04-16
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