District unloads property

PG trustees sell Bringle Lake site to former owner for $1.2M

Pleasant Grove Independent School District’s board of trustees has approved selling 16.9 acres at Bringle Lake to local developer Aven Williamson.

The unanimous vote was taken during a special meeting Wednesday, where the board reviewed the single $1.2 million bid.

The property, valued at $1.5 million, is part of a 25-acre tract the district purchased from Williamson in 2007 for $1 million. PGISD later sold 8 acres back to Williamson’s family for $600,000.

The land was the proposed site for a new elementary school, which failed to get voter support in 2014 and 2015 bond elections.

Last month, the board called for a $19.9 million bond for a new elementary school, districtwide renovations and security and technology upgrades. The order calling for the May 5 election includes a covenant that the new school not be built on the Bringle Lake property; instead, the district will look for another site.

The proposed rate of $1.455 per $100 property valuation would increase the district’s interest and sinking rate by 1.5 cents; the maintenance and operations tax rate would remain at $1.09. The current total rate is $1.44.

If it passes, the increase would cost about $15 annually for a home valued at $100,000.

The $19.9 million bond breaks down to $250,000 for increased school security; $1.2 million for technology upgrades, which are primarily infrastructure; and $18,519,862 for the new school.