Buena Vista high school to remain empty after deal falls through - WNEM TV 5

Buena Vista high school to remain empty after deal falls through

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Saginaw resident, Linda Braddock is not happy that the former Buena Vista high school building will continue to sit empty. Due to what some say was a missed opportunity by leaders of the Saginaw School district.

"We've got all these schools, school closings and they have a chance to have some revenue coming in.... If we're broke, why aren't you selling what you can sell?" Braddock said.

Last December, Pansophic Learning, a company that operates charter schools, offered to buy the school for $5 million dollars.

But, they backed out of the deal, saying leaders of the Saginaw School district were taking too long. Which means they wouldn't have enough time to get up and running by the start of the school year.

Saginaw School Board President Ruth Ann Knapp says efforts to get clarity on the deal, caused things to drag on for months.

"There were a number of questions that were raised and when we have meetings once a month we referred things back to the committee. It's a long process," Knapp said.

Without the millions of dollars from the sale of Buena Vista high school, many residents are wondering if it will put the district back into deficit. The new president of the school board says it won't.

"Our budget for next school year does not take into consideration any income from any sale of buildings,” Knapp said.

Knapp said most district employees agreed to concessions last year, practically wiping out all of the district's multi-million dollar deficit. Any money received from selling property would be a bonus.

Until a new buyer comes along, the building will sit empty.

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