Pearland ISD's leaders say they will seek a buyout from a longtime agreement between the...
Pearland ISD is considering pursuing a $3.5 million buyout from its agreement with the city of Pearland to share maintenance costs for the city's natatorium and recreation center.Pearland ISD's leaders say they will seek a buyout from a longtime agreement between the district and city of Pearland to share the rising maintenance costs for the city'sThe agreement requires the district to pay $3.5 million for scheduled repairs that would cost $7 million.
The proposed buyout would end the interlocal agreement and move the district to a $122,000 annual lease for three years, which the district could renew."In principle, we've got an agreement," he said."We're just waiting on the fine print to finalize everything." "The original agreement, in my opinion, is terrible," board president Sean Murphy said at an April 11 trustee meeting."I want to support some type of buyout of this agreement because it actually gets us out of that written agreement, which we are responsible for 50 percent of the maintenance cost that comes in.
Superintendent Larry Berger told trustees that he spoke with Pearland's interim city manager, Trent Epperson, about the matter and thinks the best option is a buyout.
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