GloucesterTimes.com, Gloucester, MA

Latest Cape Ann News

February 28, 2013

Charter's sales list, prices pulled from site

Gloucester Community Arts Charter School trustees sent their assets sale plan to the state for approval last week, hoping for a sale by the end of the month.

By Tuesday a description of the sale procedures and a listing of all the items — complete with set prices, in many cases — popped up on the charter school’s website.

Wednesday morning, however, that list and set of procedures had disappeared, with only an “empty folder” available to potential buyers and others who visited the site looking to size up potential bargains and check other “special sale” information. And the sale items and price list remained empty as of press time Wednesday night.

Charter school trustees did not return calls for comment on the vanished plan and pricing list Wednesday.

Trustees had planned, with state Department of Elementary and Secondary Education permission, to sell off what was left inside the building the school had rented, in hopes of repaying some creditors, including the landlord and trustees that had loaned money to the school in order to pay teachers salaries as state funding dropped then diminished.

A source close to the school said the application was still awaiting approval of the sale process from the state’s highest education board, leaving charter trustees dependent on that decision “in limbo.”

“There’s been a delay in getting that response for some reason,” that source said.

Department of Elementary and Secondary Education spokesman J.C. Considine also failed to return calls placed by the Times Wednesday.

The state ed department had hoped to seal the charter school into history by the end of February, urging trustees to complete closing procedures by today. Though any assets left within a closed public school would usually become public property, the state approved the former charter school’s hosting an assets sale, given that their debts had piled up so high, Considine had said previously.

Text Only | Photo Reprints
Latest Cape Ann News

Pictures of the Week
Your news, your way
Comments Tracker
AP Video Network
Captain of Sunken SKorean Ferry Arrested Raw: Fire Destroys 3 N.J. Beachfront Homes Raw: Pope Presides Over Good Friday Mass Raw: Space X Launches to Space Station Superheroes Descend on Capitol Mall Man Charged in Kansas City Highway Shootings Obama Awards Navy Football Trophy Anti-semitic Leaflets Posted in Eastern Ukraine Raw: Magnitude-7.2 Earthquake Shakes Mexico City Ceremony at MIT Remembers One of Boston's Finest Raw: Students Hurt in Colo. School Bus Crash Raw: Church Tries for Record With Chalk Jesus Raw: Faithful Celebrate Good Friday Worldwide Deadly Avalanche Sweeps Slopes of Mount Everest Police Arrest Suspect in Highway Shootings Drought Concerns May Hurt Lake Tourism Vermont Goat Meat Gives Refugees Taste of Home Calif. Investigators Re-construct Fatal Bus Cras Mayor Rob Ford Launches Re-election Campaign Appellate Court Hears Okla. Gay Marriage Case