Woodland Hills Board Votes to Sell Churchill Building, Move to Braddock
The school board voted Monday night to enter a sales and lease agreement with TREK Development Group.
Woodland Hills School Board, by a 5-4 vote, decided to enter an option agreement to sell the current administration building on Greensburg Pike for $625,000 to TREK Development Group and lease office space in TREK's Braddock Overlook Development at a cost of $125,000 a year. The lease will be for three years with a no-penalty, opt-out clause in favor of the district and contingent upon TREK taking ownership of the property at 2430 Greensburg Pike. The terms of the sale and lease are subject to negotiation, approval and execution of a lease agreement and option agreement acceptable to the board within 45 days of Jan. 28. Those agreements would have to come back to the board and be approved before the sale and lease agreements are finalized…
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LHughes
1:05 pm on Friday, February 1, 2013
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