Reading Elementary has a new owner.
On Friday night, the USD 251 North Lyon County Board of Education unanimously approved a $20,000 offer from Lions LLC. Additional details about the purchase, including potential ideas for the property’s use, are currently pending.
Superintendent Mike Mathes says the district was hoping to get $20,000 for the property. Lions was the first of two bidders for the property after the district listed the grounds for sale last month.
USD 251 closed Reading last year, partly as a way to close a roughly $200,000 budget hole but also reflecting population trends and resulting transportation challenges for the district. The school, built in the 1870s, had faced an uncertain future since the 1990s, according to staff. Reading became the second district school to close this decade after Admire Elementary closed in 2010.
