Sale of Ella G Clarke and/or LECC

This opportunity is a public competitive bid (REBID) for the outright sale of two vacant educational properties owned by the Lakewood Board of Education: the Ella G. Clarke elementary school (≈ 11.6 acres, 77,591 sf building) and the Lakewood Early Childhood Center (≈ 4.6 acres, 3,263 sf admin office plus 16 classroom trailers). The Board will accept the highest total price for each property, with the possibility of awarding the two parcels to different bidders. Bids must be submitted in a sealed envelope with extensive documentation (non‑collusion affidavit, stockholder disclosure, security deposit, various certifications, etc.) and are irrevocable for 60 days after opening. The purchase price minimums are $30 M for Clarke and $7 M for LECC, with a $100 k security deposit per property. After award, a Purchase & Sale Agreement is delivered within three business days; the buyer must fund a 5 % initial deposit within five business days and close within 60 days. Title objections, environmental studies, and bulk‑sale notifications are also required. No warranties are given; the sale is “as‑is, where‑is.” • Real‑estate acquisition of two former school sites (total ~16 acres). • Mandatory bid security and extensive compliance certifications. • Highest‑price award; buyer must close within 60 days and bear all closing costs. • Optional pre‑bid inspections; no due‑diligence period after bid submission.