FARGO BOARD OF EDUCATION MINUTES SPECIAL

FARGO BOARD OF EDUCATION MINUTES SPECIAL MEETING January 31, 2023 The Board of Education of the City of Fargo met in special session on Tuesday, January 31, 2023 at 12:00 p.m. at the District Office in the Board Room, located at 700 7th Street South in Fargo. Members present: Melissa Burkland, Nyamal Dei, Jim Johnson, Greg Clark, Nikkie Gullickson, Robin Nelson (via phone), Seth Holden, Tracie Newman Members absent: Katie Christensen President Tracie Newman called the special meeting to order at 12:02 p.m. President Newman said the purpose of the meeting was to review and approve an amendment to the exchange agreement and reauthorization of purchase agreement in regard to a land purchase for future school sites. Jim Johnson moved adoption of the agenda as provided. Nyamal Dei seconded the motion. The motion was approved (Yes: Burkland, Clark, Dei, Gullickson, Holden, Johnson, Nelson, Newman; Absent: Christensen). President Newman presented Memo #81. Sanford North (“Sanford”) is the owner of approximately seventy-five acres of unimproved real property located in Cass County, North Dakota (“South Property”). A & T Land Co., LLC (“A&T”) is the owner of approximately sixty-three acres of unimproved real property located in Cass County, North Dakota (“North Property”). The Fargo Public School District (“District”) entered into an Exchange Agreement with A&T contingent upon the District and Sanford successfully entering into a written agreement for the purchase of South Property. The Board approved execution of a Purchase Agreement with Sanford for the South Property. Both Agreements have contingencies requiring land survey and platting with the City of Fargo. The timeline for surveys and plating with the City of Fargo has been extended. As a result, the Exchange Agreement with A&T must be amended to delay contingency deadlines to March 1, 2023, and closing to March 17, 2023. Similarly, the Purchase Agreement with Sanford must be reaffirmed with contingency deadline of April 1, 2023, and closing thirty days following the completion of contingencies. Jim Johnson moved to authorize the execution of the First Amendment to Exchange Agreement with A&T and reauthorize the Purchase Agreement with Sanford with the modified closing and contingency completion dates. Seth Holden seconded the motion. Upon call of the roll, the motion passed (Yes: Burkland, Clark, Dei, Gullickson, Holden, Johnson, Nelson, Newman; Absent: Christensen). (Memo #81) There being no further business to come before the Board, President Newman declared the special meeting adjourned at 12:04 p.m. (Feb. 22, 2023) 195927