Judge Upholds Bibb Schools Lease Agreement | Education
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Bibb County Superior Court judge Edgar Ennis said he found no reason to throw out a lease signed by the Bibb School District for space in the old Ballard-Hudson Middle School building.
The ruling comes two weeks after a hearing where former school district CFO Ron Collier said the lease was illegal.
The district signed the agreement last July for $575,000 a year over ten years.
In 2009, they sold that same building to a non-profit, the Central Georgia Partnership for Individual and Community Development, for $220,000.
The money from the school district was meant as security for bonds issued by the Urban Development Authority to pay to renovate the building as a community center.
Collier's lawsuit argued that school board members were not notified properly about the agreement. He also questioned the validity of the bonds.
During the February 1st hearing, Susan Sipe, the school board's acting president, said she did not remember being told the district would enter into a lease agreement or that the money was to be used to repay the loan from the UDA.
Judge Ennis' ruling states that since neither Collier or anyone else tried to intervene during the bond validation proceedings, both the bonds and the security, in this case the lease agreement, are "incontestable and conclusive."