Douglas County school board members briefly discussed at this month’s meeting whether the asking price of Kingsbury Middle School should be changed.

No – was the answer. The $4 million asking price for the shuttered Stateline school remains. The school was closed because of declining enrollment.

Lisa Noonan, superintendent of Douglas County School District, told Lake Tahoe News that two groups are seriously interested in purchasing the property, which includes all of the former school buildings. Until a formal offer is submitted, the names of the groups are not being made public.

“We must take the higher offer as long as it meets all the requirements,” Noonan said.

However, oral bids also must be considered. That means there could be a bidding war, so to speak, at the public meeting. Any oral bid must be 5 percent higher than the highest qualified bid.

The sale of the property will be back on the school board agenda Jan. 14. The board will be at Zephyr Cove Library at 3:30pm.

— Lake Tahoe News staff report