The Cedar Rapids School Board rejected a $375,000 bid from Isaac Newton Christian Academy to purchase Garfield Elementary, opting instead to sell it for $160,000 to a developer planning market-rate apartments. This decision has sparked controversy, with critics arguing it deprives taxpayers of higher returns and may violate upcoming state legislation favoring educational buyers for school property sales.
https://www.kcrg.com/2024/06/26/state-auditors-office-has-investigated-sale-school-buildings-past