EVERETT — The Marysville school board approved an amended agreement Monday to move forward with a property exchange with the city.
The city is set to relocate its public works facility to the school district’s headquarters at 4220 80th St. NE. The district will move its headquarters to the former City Hall building at 1049 State Ave. On March 24, the city approved the amended agreement.
The two parties initially agreed to the exchange in May 2024. After months of review, the updated agreement confirms the city will pay the school district $2 million to account for the difference in value between the two buildings. The money will go in the district’s capital fund, school board Vice President Kristen Michal said at Monday’s meeting.
“We have probably more needs in capital than we have funding for right now,” she said. “We didn’t really talk about the revenue side for that capital account, but I don’t know that we have a whole lot of revenue sources, and this would be one way to add some additional funds into that.”
The new agreement also updates the timelines for design, construction and occupancy. This month, the city will begin remodeling the former City Hall building and constructing an addition. By the end of the year, the city will complete construction and the district will take possession of the site.
In the original agreement, the city would have acquired the administration building by Jan. 1, 2026, and the district would have moved this summer. Now, the date has been pushed a year so the district can focus on its planned reconfiguration to address its budget deficit.
“I do appreciate the city working with us,” school board President Michael Krebbs said at Monday’s meeting. “Obviously, we’ve got a lot planned for the summer, and to be able to move that work and focus on the students first made a whole lot of sense, and it’s going to be super helpful to us that we don’t have to worry about this thing until we’ve made sure our students are where they’re at.”
Jenna Peterson: 425-339-3486; jenna.peterson@heraldnet.com; X: @jennarpetersonn.
Talk to us
> Give us your news tips.
> Send us a letter to the editor.
> More Herald contact information.
