School board agrees to $2.4M price on building

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Businessman gives school district a deep discount on permanent site

By Jennifer Garcia

Los Alamos Public Schools Administration is one step closer to having a permanent home.
During Tuesday night’s school board meeting, members voted 3-0 on a purchase price for the building at 2075 Trinity Dr. that houses LAPS administration offices. Board members Joan Ahlers and Thelma Hahn were absent.
“The board took action on the intent to buy the building at the price that was listed,” said Assistant Superintendent Paula Dean. “They agreed to a price of $2.4 million.”
The district seems to be getting a discount on the property, which has an appraised value of $3.3 million, according to Dean.
“We agreed to the price because in this volatile market, price could change,” Dean said.
Superintendent Gene Schmidt said that the opportunity to move into the (Elmo) CdeBaca building is a “real positive” for the district.
“It’s an opportunity to have a nice, quality building that’s move-in ready and that meets the needs of our administrative team,” Schmidt said.
Schmidt said that when LAPS was shopping for a place to house its offices, several sites were looked at.
“We needed 14,000 square feet of space for business offices, with not a lot of cost to us to get into the building,” Schmidt said. “We’re very appreciative of Elmo for letting us purchase the building lower than market value.”
Schmidt said the administration offices have been in the building for several months and it’s “feeling like home.”
Schmidt said that buying the building would allow LAPS to do some creative things in terms of office space.
In addition to the building that houses LAPS administration, the price would also include three adjacent buildings, which already have tenants.
“There’s some open office spaces in the satellite buildings,” Schmidt said. “We can use empty office space for productive purposes.”
Schmidt said the building probably would not be acquired until January or February of 2012. The public is invited to tour the building at any time.
“People are always welcome to come to 2075 Trinity and ask for a tour of the complex and see what their tax dollars are getting them,” Schmidt said.

Jennifer Garcia can be reached at lacommunity@lamonitor.com

$2.4 million for that building????

My husband worked in that building a number of years ago and the Lab stopped leasing it, because it was unsafe.

I cannot believe, in this economy, LAPS paid full asking price for that building!!!!

What does this say about the wisdom/business sense of LAPS?