OTHERPENDING

Independent School District #52 Board Meeting Agenda March 9, 2026

District to Acquire Donated Vaughn Property

$40,001.00 (includes $40,000 gift of equity; $1 cash at closing)Independent Elementary School DistrictVAUGHN, PAT & JULIEMarch 9, 2026

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Description

Pat and Julie Vaughn will transfer two lots to Independent School District #52 under a Buy/Sell Agreement that records a $40,001 purchase price, with $40,000 as a donated gift of equity and $1 cash consideration by the district. The district will secure title insurance and receive the property by warranty deed after Board authorization.

Contract Details

Contract Amount

$40,001.00 (includes $40,000 gift of equity; $1 cash at closing)

Vendor

VAUGHN, PAT & JULIE

Agency

Independent Elementary School District, MT

Contract Type

OTHER

Document Date

March 9, 2026

Issuing Agency