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leasing school board property

Posted on 11/13/15 at 1:44 pm
Posted by riverparish
Member since Dec 2007
1168 posts
Posted on 11/13/15 at 1:44 pm
just wondering if anyone does or has leased school board property in mississippi. i see alot is leased and everyone once in awhile some comes up. how does it work? is it a one year or multi year lease? after leasing it, do you get first right of refusal when your lease is up or does it go back to public bid? any information would be appreciated.
Posted by Barf
EBR
Member since Feb 2015
3727 posts
Posted on 11/13/15 at 2:14 pm to
Damnit. I clicked hoping you were talking about Venice. I'll put away the popcorn
Posted by TigerATO
Member since Dec 2013
215 posts
Posted on 11/13/15 at 2:26 pm to
You typically lease it for 5 years. After that, it goes to public notice. You submit a sealed bid along with anyone else that might want to bid on the property. If you are not the highest bidder, you are given the opportunity to match the highest bid being that you are the current lease holder. You pay the taxes and the lease yearly for 5 more years and the process starts over.
Posted by riverparish
Member since Dec 2007
1168 posts
Posted on 11/13/15 at 7:57 pm to
thanks
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