IUSD Asset Management Advisory Committee Meeting 5/14/26

The IUSD Asset Management Advisory Committee met on May 14, 2026, to discuss ongoing asset management priorities and initiatives, including a school site tour to observe project developments. A significant procurement-related highlight was the donation of a new Kia Telluride vehicle valued at approximately $60,000 to the district, which will replace an older vehicle used by district staff. The committee also reviewed and reported on recommendations regarding the disposition of the Kelso and Highland properties, emphasizing maximizing long-term value through sale, lease, or exchange, with a preference for leasing to generate ongoing revenue rather than outright sale. The committee recommended engaging a real estate broker to explore additional disposition options, including public-private partnerships and employee housing. No formal action was taken during the meeting, but the committee received commendations from the school board for their transparency and diligence. The committee also discussed the potential future disposition of the Morningside High School property, anticipating that further recommendations will be needed as district conditions evolve. The meeting concluded with a motion to adjourn, with all members present voting in favor.