The Star Beacon; Ashtabula, Ohio

November 15, 2012

Area resident buys McKinsey property

By SHELLEY TERRY - sterry@starbeacon.com
Star Beacon

ASHTABULA —  An Ashtabula resident’s offer to buy a school property from the Ashtabula Area City School Board was unanimously approved Thursday night.

Gerald M. Kollhoff offered the board $45,000 for the property at 1113 Bunker Hill Road, consisting of about 7.1 acres of land and formerly known as McKinsey Elementary School.

“That’s such a nice piece of property,” said Steve Candela, school board member. “It’s beautiful.”

Kollhoff was not at the meeting.

Superintendent Joseph Donatone said he did not know Kollhoff’s plans for the property.

A week ago, the school board held a public auction of the McKinsey property at the board’s office, 2630 W. 13th St., (the former Thomas Jefferson Elementary School).

Kollhoff attended the auction but did not bid.

Donatone, who was in charge of the auction, said he only expected one or two people.

The bids could not be less than the appraisals, he said.

Before the bidding began, Donatone said the successful bidder will be asked to deposit 10 percent of the bid at the auction. The rest of the money is due at the time of closing, on March 13 or earlier.

Bidding opened at $57,000 — the minimum required by the school board. When no one bid on the McKinsey property, Donatone closed the bidding.

Following the auction, Kollhoff presented Donatone  with the $45,000 proposal, which the school board considered in executive session Thursday night.