By DEB WUETHRICH
Members of the Tecumseh School Board held a discussion on Monday night regarding an offer from Lutheran Social Services of Michigan to purchase the Administration Services building and convert the facility into a senior citizen complex. The group would utilize HUD funding if they were successful in obtaining the grants. The board has been awaiting an appraisal on the building before moving ahead with any decision.
Supt. Mike McAran said just prior to the meeting, he had been given a “rough” appraisal over the phone by Affinity Valuation, who would be finalizing the process by the end of the week.
“The rough estimate, based on the fact it’s 33,000 square feet, at $20-28 per square foot, is $600,000,” said McAran. “The hard part is finding another building to compare this to, another building this size and this age.” McAran said a probable selling price could be between the $400,000-$500,000 appraisal price for its worth on the market. “Whether you can get that or not is the question,” he said.
Louis J. Prues, Vice President, Planning and Business Development of the nonprofit Lutheran Social Services (LSS) of Michigan, told the board in September that they would consider taking the building for the cost of moving present occupants out and into new quarters. He urged a decision prior to November so his group could make application to HUD within its application timeline.
Board President Dr. Edward Tritt said board members are stewards of the community’s assets in its school district, and needed to be making decisions with that awareness.
“The number one question is how much would maintaining this building run, and what’s it going to cost for the remodeling over at the high school,” he said.