Old school appraiser selected
The Spokane developer looking to remodel the old Libby High School has picked a Missoula firm to appraise the building.
A Missoula firm has been hired to appraise the old Libby High School for its pending sale to a Spokane developer.
Conover Bond Development will pay Stevens & Co. to do the appraisal. It's expected to occur in 45 to 60 days.
The school board in March voted unanimously to allow Conover Bond to get an appraisal for setting the sale price on the building. The board also agreed to pay for that appraisal should the district decide not to sell the vacant building to Conover Bond Development.
Conover Bond hopes to buy and remodel the 90-year-old brick building for professional and government offices. The developer focuses on urban redevelopment, including renovations of historic buildings and new construction projects for technology, health care, hospitality and retail. Each property is built on the same foundation.
The sales price would be based on an appraisal to be commissioned by the company.
The district had said it wanted $350,000 for the building. Empty since 2000, the building was last occupied by Lincoln County Campus of Flathead Valley Community College.