Commodore Building to be auctioned March 16
2/15/2007The Perrysburg Board of Education yesterday scheduled a public auction at 12:30 p.m. March 16 for the Commodore Building.
The board placed a reserve price of $1.7 million on the property. It will require any buyer to keep the auditorium and gymnasium intact as part of the purchase agreement.
Located at 140 East Indiana Ave. and positioned along Louisiana Avenue, the Commodore was built in 1894 and has housed every level of schooling in Perrysburg. It is now used as the school district s administration offices.
Also yesterday, the board took the final step to place a 2.29-mill, 28-year bond issue on the May ballot.
The board approved the millage rate for the bond issue, which will generate $29.3 million to pay for extensive renovations to the junior high school, a new gym at the high school, and smaller renovations at each of the district s elementary schools.