Selling Buildings

Baseball Diamond 39%

Rating of 4 out of 6
CPS sells 11 old schools to highest bidders

All but two of the 13 old Cincinnati Public Schools – including the famed School for Creative and Performing Arts building in Pendleton – and an unneeded parcel of district-owned land sold in an online auction Thursday. The sales, once finalized, will net the district $3.5 million. CPS would not divulge whom the buyers are pending a 30-day waiting period, after which the deals will be final.

39%

Scoreboard

Reliability on:
Spending

Our Comment:

Nov 9, 1:00 PM:

11 Cincinnati public school buildings sold in auction to undisclosed bidders. City will use funds, $3.5M, to rebuild facilities it will use. 2 left unsold may go out for private bidding.  Board views this as success.

 

Tags: spending

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