The Grapevine-Colleyville ISD board of trustees approved an appropriation in the amount of $2,050,408 from undesignated 2005 bond funds to demolish existing structures at 3100 Timberline Drive, Grapevine, and construct a new driveway, additional parking and play area for Timberline Elementary School.

Trustees had previously approved an interlocal agreement with the city of Grapevine to purchase the property. Closing on the property is set to occur June 30.