CONWAY — At its first meeting the Conway School Board’s 11-member John Fuller School Action Ad-Hoc Committee was greeted with a bombshell — the now closed K-6 school in North Conway Village can not be sold for at least three years because the Conway School District is committed to a HVAC bond that cannot be paid off until 2028.
“We were dropped with a bomb in my opinion,” Steve Porter, the selectmen’s representative to the committee who attended the Dec. 4 meeting, told the Sun last week.
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(1) comment
Why not pursue a simple lease of the building where the lease does not transfer title but also provides an option to buy, at a stated price (the strike price) that can be exercised in, say, three years
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