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Board of Trustees Allow Property Bids to Expire

Oxford, Mississippi (June 13, 2018) — On Tuesday, June 12, 2018, the Oxford School District Board of Trustees held a Special Called Board Meeting followed by Executive Session for consideration of purchase bids of Oxford Elementary School (OES). The highest bid came from the city of Oxford for $2,000,501.

The School Board feels that its appraisal of $2.8M was thorough and accurate, and conducted in best interest of the district’s fiscal responsibility to Oxford tax payers. The decision was made by the Board of Trustees to allow the bids to expire with the intention of working with the City to reach a satisfactory agreement for both entities.

Click here to view the appraisal provided to Oxford School District on January 22, 2018.