Cheney board approves Fisher Building sale addendum

At a special July 26 meeting, the Cheney School Board approved an addendum to the Fisher Building sale agreement with Eastmark Capital Group, with Director Mitch Swenson abstaining.

According to Kassidy Probert, the district's director of finance, Sean Barnes, manager for Eastmark Capital Group, requested a 45 day extension to the feasibility study because his Historic Preservation Tax Incentive application is still pending approval from the National Parks Service. The extension shall be modified to provide 100 percent of the buyer's earnest money as fully fundable in the event the application...