The site location is at the intersection of Highway 418 – or the Old Lordsburg Highway – and Florida, located on the north side of Florida and west of the Old Lordsburg Highway.
The board voted to purchase 95 acres from David and Gloria Kasparian and Kevin and Dianne Zachek at a cost of $2,800 an acre for a total purchase price of $266,000.
Board President Bayne Anderson said the purchase price was below the appraised value of $3,000 an acre.
They expect to close on the property next week.
Anderson said the site is adjacent to land, known as the Skyview Property, purchased for a proposed new high school that was rejected by voters in January of 2008. He said the land for the proposed intermediate school has no water rights, but they can access water rights from the Skyview Property still owned by the district.
Anderson said the money to purchase the new property is coming from Senate Bill 9 funds accumulated over several years. Senate Bill 9 funds are designated for upgrades, improvements and land purchases.
He added that the board considered 11 pieces of property before deciding on the approved location.
Building a new intermediate school is contingent on voters approving the February 4th bond election.
The new intermediate school has a projected cost of $17.7 million, of which $5.25 million would come from bond proceeds and $12.45 million would come from the state.