The Jacksonville Independent School District Board of Trus-tees on Friday approved the purchase of the Gymnasium, Administra-tion Building, and approximately 50 acres of land and assets from the Lon Morris Bankruptcy Es-tate for $1,530,000, subject to Bankruptcy Court approval.
"It is our understanding that the Bankruptcy Court will be considering this on Monday, Feb-ruary 11th," according to a JISD release.
"It is anticipated that the closing will take place within the next 30 days.
“The assets being acquired had an insured value of almost $6.7 million and the land has a value of over $100,000 for a total value of approximately $6.8 million.
“As we stated, the purchase price was $1,530,000. This would be equivalent to purchasing a $100,000 home for just over $20,000."
Dr. Joe Wardell, JISD superintendent, express-ed confidence in the purchase.
“We feel that this was an exceptional opportunity for the District to acquire land and buildings at a great value to better serve our students and our community,” Dr. Wardell stated in the release.
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BREAKING NEWS: Officers chase man with gun who attempted to rob woman
A man who reportedly pulled a gun on a woman in an alleyway in the 600 block of Austin Street on Friday morning was arrested shortly afterwards, according to officials.
Search warrant nets 29 grams of cocaine
The Jacksonville Police Department's criminal investigations division and a SWAT team located 29 grams of crack cocaine Wednesday night while executing a search warrant.
Giving H.O.P.E: Fundraiser for Jacksonville non-profit slated for April 12
When members of the local ministerial alliance first proposed a central clearing house in 1991 that would minister to those in need, they never dreamed what H.O.P.E. would blossom into.
‘Shootout’ planned for March 15 for Kiwanis
Kiwanis Club members in Jacksonville hope to hear the sounds of gunfire March 15. Don’t worry, it’s all for a good cause.
JC offers class for handgun training
Jacksonville College now offers concealed handgun training, as well as security officer certification for students and the community. Michael Morse, JC Chief of Security and instructor for the courses, is a National Rifle Association (NRA) Certified Handgun/Shotgun Firearms Instructor and a Concealed Handgun Instructor certified by the Texas Department of Public Safety in Austin.
Remember you are dust …
Wednesday marked the beginning of Lent, “a season of conversion and renewal,” said Father Mark.
Jacksonville offers many benefits to retirees
In 2010 Jacksonville was qualified as a retirement community. According to the Texas Department of Agriculture, bringing retirees to your community provides positive economic impact. The Jacksonville Chamber of Commerce formed a committee to investigate the benefits of retiring in Jacksonville. Quickly realizing there are many benefits to living in Jacksonville; our mission became simple.
Cherokee County residents vote on political platforms
Results of political platforms from the March 4 primary, according to the Cherokee County Elections Department.
Troup ISD approves day care fee hike
School board members in Troup and Rusk held respective meetings Monday evening to address agenda items.
Peacock, Stone set for runoff race; Davis wins
A hotly contested race among Republican candidates vying for the Cherokee County Court-at-Law position just got hotter.
Interim Judge Kelley Peacock and opponent Janice Crosby Stone will face each other in a May 27 runoff election after almost tying for the position, according to unofficial results released by the Cherokee County Election Department.
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- BREAKING NEWS: Officers chase man with gun who attempted to rob woman