Proposition 423: Gilbert Unified School District, Arizona, Permit Sale, Lease, or Exchange of Pioneer Elementary Measure

Shall the Governing Board of Gilbert Unified School District No. 41 of Maricopa County, Arizona, be authorized to sell, lease or exchange the following described parcel of real property, or any portion thereof, and use all or a portion of any such proceeds of any such sale, lease or exchange to purchase school sites and/or to construct, improve, equip and furnish school buildings, including technology, to purchase student transportation vehicles and/or any other permitted capital expenditure? The real property is described as follows:

Parcel: Site referred to as Pioneer Elementary site located at 1535 N. Greenfield Road, Gilbert, Arizona 85234 (approximately 11.86 acres).

Legal Description for Assessor’s Parcel Number 304-08-014E:

That part of the South half of Lot 4, Section 3, Township 1 South, Range 6 East of the Gila and Salt River Base and Meridian, Maricopa County, Arizona, described as follows:

BEGINNING at a point 25.0 feet South of the Northwest corner of the South half of Lot 4, Section 3, Township 1 South, Range 6 East of the Gila and Salt River Base and Meridian;

RUNNING THENCE South 2 degrees 38 minutes 03 seconds East along the West line of said Section 3, 625.94 feet to a point 4.6 feet North of the South line of Lot 4, Section 3;

THENCE North 89 degrees 53 minutes 48 seconds East, 871.0 feet;

THENCE North 2 degrees 38 minutes 03 seconds West, 622.89 feet to a point 25.0 feet South of the North line of the South half of Lot 4, Section 3;

THENCE West 871.0 feet to the POINT OF BEGINNING