Feb 26, 2014 7:03 AM by AP
NEW IBERIA, La. (AP) - The Iberia Parish School Board accepted $250,000 for the sale of two of its old school properties, while another vacant school, Jeanerette Middle, is still on the market.
Earlier this month, the Iberia Parish School Board accepted offers of $75,000 for the former Lee Street Alternative School and $200,000 for the former Johnston Street Elementary. The properties were purchased by Stella Lea LLC.
Iberia Parish Superintendent Dale Henderson tells The Advocate he was unaware of the buyer's plans for the properties.
Henderson says the prices were below the appraised value, but the board was able to accept them as reasonable offers because no acceptable offers were made in prior bid rounds.
The board has declared two other properties as surplus, but has not advertised the properties for sale.