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Charter School Working To Finance Lindbom Elementary DealCharter School Working To Finance Lindbom Elementary Deal

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8/26/14 - The latest on the sale of Lindbom Elementary School from Brighton Area Schools to American Classical Academies remains unchanged. The Academy has signed a $1.45 million dollar deal for the purchase of the empty school with plans to turn it into a charter school. There is a 150 day due diligence period and Brighton Area Schools Superintendent Greg Gray says the charter school is looking to banks to possibly finance the deal. Officials with American Classical Academies say they have already received applications for students to attend the school. Gray says if the agreement does not pan out, there has been another offer. A developer interested in the building has made an offer of $1.46 million to turn Lindbom Elementary into a senior assisted living center. (DK)

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