The Laredo Independent School District board on March 7 authorized district leadership and legal counsel to negotiate an earnest money contract for the property formerly known as the Laredo Beauty College at 3020 North Meadow Avenue.
The board first discussed the potential purchase and consulted its legal counsel in a closed executive session authorized under Texas Government Code sections 551.071 and 551.072. After returning to open session and stating that no action had been taken during the closed session, the board considered a motion to authorize negotiation of an earnest money contract and to require that any completed contract be returned to the board for final approval. Trustee Luis moved the motion; another trustee seconded. The chair called for the ayes and the motion carried.
The transcript identifies the property address as 3020 North Meadow Avenue, Laredo, Texas 78040, and documents the board’s authorization to negotiate only; it does not record final contract terms, a purchase price, or a vote roll-call tally. The board instructed staff to bring an earnest money contract back to the board for final approval should negotiations produce one.
The item had been introduced with a reference to consulting district legal counsel about the matter. The transcript records the statutory basis the board used to convene in closed session (Texas Gov’t Code § 551.071 and § 551.072). No additional details about funding sources, purchase price, or closing timeline were provided in the meeting record.
Next steps: district staff and counsel are to negotiate the earnest money contract and present the negotiated contract to the board for final consideration and vote.