The KISD board of trustees unanimously approved the purchase of an approximately 75-acre parcel from ABE Ltd. at the Aug. 26 meeting. This purchase is not to exceed $4.5 million, and it will house a future elementary school and junior high school.
Additional details regarding the purchase were not revealed at the meeting. However, according to the Harris County Appraisal District, ABE owns two parcels of land totaling almost 75 acres near the intersection of Katy Hockley Road and FM 529. The 2019 appraisal value of the parcels is $10,521, while the market value is $2.4 million.
KISD did not immediately respond to Community Impact Newspaper’s inquiry to confirm whether this is the property the board approved to purchase.
According to KISD website, the $609.2 million 2017 bond program approved by voters is funding three elementary schools, two junior high schools and one high school. Three of these schools—Campbell and Leonard Elementary schools and Adams Junior High School—have opened by the start of the 2019-20 school year.
The 2017 bond funds also allocated about $18 million to purchase property for three elementary schools, one junior high school and one high school for a future 2020 bond, according to KISD’s website.
Additionally, the board approved a resolution at the Aug. 26 meeting declaring about 7 acres of property north of Wolfe Elementary School, located at 502 Addicks-Howell Road, Houston, as surplus. The resolution also allows administration to take any action to sell the property.