DSBN Announces Sale of Parliament Oak Property
Following a decision by the Board of Trustees, the DSBN has agreed to sell the Parliament Oak property at 325 King Street in Niagara-on-the-Lake (NOTL) to Liberty Sites (3) Ltd. The deal is valued at $4.925 million dollars.
“This is good news for DSBN students,” explained Dale Robinson, Chair of the Board. “The proceeds of this sale will be used to upgrade our school facilities and best serve our students.”
Board Vice-Chair Kevin Maves stated that the Board is pleased with the manner in which the sale was conducted, noting it was done in accordance with all broader public sector guidelines.