In the week before the Stet School District was set to be auctioned off, the Board of Education found out the land title had a right of reversion. Click to hear KMZU’s Chelsea Wade speak with Superintendent John Wiggans:
The deed was drafted in 1917, and called for the land be returned to the donating family should it no longer be used. As the family the land originally belonged to is no longer in Stet, the land goes to the property owner adjacent to the school, who by coincidence is a board member. The new owner has agreed to accept the building without requiring it be demolished, which was estimated to cost around $25,000. The school will have the asbestos removed, which should cost between $8,000 and $13,000. The school closes for good on Saturday.