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Oswego

Oswego 308 Board approves third contract extension for broker in sale of Old Traughber

A real estate broker working for the Oswego School District has an additional 120 days to sell the the former Traughber Junior High School near downtown Oswego.

The Board of Education voted unanimously Dec. 9 to grant Les Robinson of Baird & Warner the contract extension to find a buyer for the building and grounds at 61 Franklin Street.

The 120 day extension was the third the board has granted to Robinson. His first contract expired May 3 and an initial contract extension expired Aug. 31. Robinson's current extension is set to expire Dec. 29.

The school district vacated the property in 2017 and put it up for sale in March 2018.

Since it was placed on the market, two offers have been considered by the district, and both have fallen through.

3 Diamond Development, the company behind Oswego's Diamond Senior Apartments on Orchard Road, brought the board a bid to turn the building into apartments for active-living senior citizens, while keeping the Oswego Senior Center as a tenant. The offer failed when the developer did not receive a grant from the state. In January, the board voted to place the property back on the market with Robinson.

Earlier this year, the Aurora-based Resurrection Church of the Fox Valley filed to purchase the building, parking lot and grounds for $2.85 million, with plans to convert the space into a church and community center, while still keeping the Oswego Senior Center as a tenant.

The price offered by the church was $100,000 over the district's asking price of $2.75 million.

Fundraising efforts by the church fell short and their contract with the district expired.

The Board of Education will next meet at 7:30 p.m., Monday, Jan. 13, 2020, in the Community Room of Oswego East High School.

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