Ball State buys Northside Middle School

After putting in a bid to purchase one Muncie Community Schools building last month, Ball State announced it will purchase Northside Middle School, according to a statement released by the university.

RELATED: Ball State puts in bid for MCS schools

Ball State will pay $1,270,000 for the property right off campus under a contract between the university and MCS emergency managers, and is expected to finish the purchase by Dec. 15.

To President Geoffrey S. Mearns, the purchase is a win-win for campus and the community.

“We believe that Ball State has an opportunity to be a good neighbor and a solid contributor to this community by purchasing this property,” Mearns said in the statement. “In the end, this is a strategic investment for the university and a benefit to the community.”

As part of the purchase agreement, MCS can lease Northside from Ball State for $1 per year for five years. In turn, the university will pay MCS $60,000 each year.

RELATED: Muncie schools puts Northside Middle School on the market, five other properties

This comes after MCS put six properties, including Northside, on the market in September.

Comments

More from The Daily







This Week's Digital Issue