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The Gwinnett Daily Post reported that the Gwinnett Board of Ed has purchased a piece of property for a new HQ.
the property had been purchased in 2003 for 6.5 million dollars.
now in late 2004 the BoE paid... wait for it...
$12.5 million. I'm sure there's absolutely nothing underhanded going on here, right?
Just to keep it all in proper context, this is the same school system that decided in 2001 they needed to site an elementary school next to an active landfill, even though two other sites were available.
Excerpts from the story follow.
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Schools to move headquarters to $30M complex
By Jaime Sarrio jaime.sarrio@gwinnettdailypost.com
SUWANEE — Gwinnett County Public Schools will move its administrative staff to a $30 million building on Old Peachtree Road, Superintendent J. Alvin Wilbanks said Wednesday.
The building, located near Lawrenceville-Suwanee Road and Interstate 85, sits on 46 acres of land and was occupied by electronics manufacturer Solectron Corp. It has 370,000 square feet of office space and will house about 500 employees who will be relocated from other administrative offices around the county.
The empty offices in Lawrenceville will be converted into classroom space, Wilbanks said.
“This campus will give us the ability for growth,” he said. “We feel very good about it, and we’re glad the board was willing to take care of this long-term need.”
Gwinnett Schools paid $12.5 million for the sprawling complex and will spend about $17.5 million on renovations. The money will come from the voter-approved Special Purpose Local Option Sales Tax.
Gwinnett County Public Schools announced plans to relocate its administrative offices from Lawrenceville to a $30 million building in Suwanee that will be dubbed the Instructional Support Center.
Solution Property Group Northbrook LLC bought the property in October 2003 for $6.5 million, according to county tax records.
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