Albion School sale agreement extended with GreyFoxRE
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Description
The Board approved a second amendment to the purchase agreement with GreyFoxRE LLC for the former Albion School site, allowing a $10,000 payment to extend the feasibility period through March 31, 2026. All remaining terms of the original August 15, 2024 agreement remain in effect.
Contract Details
Contract Amount
$10,000 extension payment
Vendor
GREYFOXRE LLC
Agency
North Royalton City Schools, OH
Contract Type
FACILITIES
Document Date
December 17, 2025
Contract Term
Feasibility Period extended to March 31, 2026
Renewal Date
2026-03-31
Renewal Info
Second amendment grants a 30‑day second extension of the Initial Feasibility Period in exchange for a $10,000 payment, extending the feasibility deadline to 2026-03-31; prior agreement terms remain in force.
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