Roaring Fork School District looking at property for the future
Glenwood Springs correspondent
Aspen, CO Colorado
GLENWOOD SPRINGS ” Roaring Fork School District officials on Friday placed a contract on a 35-acre parcel south of Glenwood Springs for a future new school site.
The district’s Board of Eduction, at a special meeting Friday, agreed to execute a $3.6 million contract to buy the land from East Bank LLC.
The property is part of a larger 110-acre piece of land, located below Highway 82 and east of the Roaring Fork River, just north of the County Road 109 turnoff toward the Ironbridge golf course and subdivision.
“We have signed a contract, but there will be a few months of due diligence before we would close,” said Shannon Pelland, district assistant superintendent of business services.
“This gives us the opportunity to buy the land, but it’s by no means a done deal at this point,” she said. “We will have an appraisal done to make sure we get a good value.”
It’s a piece of property the school district has had its eye on for several years, Pelland said. Part of the remainder of the property is also under contract with a prospective developer, she said.
The site would address the district’s future need for either a new elementary or middle school, or possibly both ” needs that have been identified as part of the district’s future facilities needs assessment.
Both Sopris Elementary School, which serves the south end of Glenwood Springs, and Glenwood Springs Middle School, are currently over capacity.
“The board has spent quite a bit of time in the last few months looking at enrollment in all of our facilities,” Pelland said. “A consultant looking at future development indicated the most potential is between Glenwood and Carbondale.”
The purchase money would come out of the district’s capital reserve fund. It would likely be financed through a long-term lease-purchase arrangement, Pelland said.
“That money is separate from the general fund,” she said, adding that the fund is made up of a dedicated property tax allocation required by the state for capital needs, as well as school land dedication fees paid by developers.
Any future school facilities that would be built on the site would depend on voters approving another bond issue, she said.
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