Osseo School District Accepts $3.4 Million Offer to Purchase Maple Grove Land

An offer to purchase a 30.36-acre piece of Maple Grove land was accepted by the School Board Sept. 20.

The area of land owed by the school district, described as the “Bather Property,” is located along County Road 101 and Bass Lake Road. According to the School Board resolution, the tract of land outlined in the purchase agreement would sell for $3.4 million to Estate Development Corporation.

The land was purchased 10 years from the Bather family, District 279 Assistant Superintendent Kim Riesgraf said at the school board meeting. The area was originally purchased for a potential elementary school site. Within the past 10 years, the residential and enrollment numbers has stabilized in the area, according to Reisgraf.

“We feel this area [of land] is surplus at this particular time,” she said.

District 279 currently owns an additional piece of land in Maple Grove, along Troy Lane and 101st Avenue in an area Riesgraf says “is yet to be developed.”

Closing on the Bather Property is anticipated to take place around June 1, 2012.  The sale remains subject to survey and purchase agreement terms.

Director Kim Green noted after the approval the school board had heard and discussed the purchase agreement prior to the Sept. 20 meeting.