District Receives $553,500 Bid for Monee Education Center
Article Summary: The Crete-Monee School District 201-U has received a qualifying bid for the purchase of the Monee Education Center. The Board of Education is expected to vote on a resolution to accept the offer and move forward with the sale at its next regular meeting.
Monee Education Center Sale Key Points:
-
Winning Bid: The district received a single bid of $553,500, which met the minimum price established by the Board.
-
Deposit: The buyer has submitted the required $10,000 cashier’s check deposit.
-
Timeline: The Board is scheduled to vote on the contract on December 16, 2025, with a closing date expected in January.
During the Committee of the Whole meeting on Tuesday, December 9, 2025, Crete-Monee School District 201-U officials updated the Board regarding the sale of the Monee Education Center.
A bid opening was held on November 17, 2025, resulting in the receipt of one bid that met the district’s requirements. The bid came in at $553,500. Officials confirmed that the bidder provided the necessary $10,000 deposit.
“We were in receipt of one bid that met the minimum price established by the Board of Education,” an administrator reported to the Board.
The district’s attorney is currently working with the buyer’s legal representation to finalize the contract terms. A resolution to approve the sale is being prepared for the Board’s consideration at the December 16 meeting. Due to the upcoming holidays, the transaction is expected to close in January.
Latest News Stories
FBI to scrap $5 billion move, Patel says
AGs say ‘As You Sow’ may violate antitrust laws with anti-fossil fuel alliance
IL dyslexia screening takes effect Jan. 1, drawing reading instruction debate
Colorado Springs, Denver residents pay among lowest property taxes in U.S.
Illinois quick hits: Pope reacts to Pritzker bill signing
Study reveals top U.S. states for K-12 education
2025: More than 2.5 million removed, record number of violent offenders arrested
Trump to meet Zelensky in Florida Sunday
County Approves Engineering for Peotone Road and Safety Upgrades
U.S. Coast Guard broke records across the board in 2025
Don’t count on lower electricity prices in 2026
Construction Payments Approved for Crete-Monee Facility Upgrades