EUREKA SPRINGS SCHOOL BOARD LEASES FORMER SCHOOL SITE TO FOUNDATION FOR COMMUNITY DEVELOPMENT

At their regular monthly meeting on November 30, the Eureka Springs Board of Education voted to lease the former high school site at 44 Kingshighway to the Eureka Springs Community Center Foundation (ESCCF). The terms of the lease include an annual rent of $20,000.00 for twenty years to be credited in full against the purchase price for the property of $400,000.00.

The Community Center Foundation, evolved from the school facilities committee to the Greater Eureka Springs Chamber into what is now  a 501(C)3 organization.  The plan ESCCF has developed reflects the wishes of the residents and business community as set forth during several public sessions and community gatherings.

The Eureka Springs Highlander Community Center Plan will include an outdoor amphitheater, a community center, exercise and class rooms, 13,000 sq. ft. of Class A office space, an outdoor pool, and splash park. The estimated cost to complete the project is $5 million.  Full details will be presented to attendees at the Annual Chamber Banquet on December 15th when the foundation website will go live and fundraising will commence.

“We are so pleased we could reach an agreement with the School Board,” said Diane Murphy, Chair of the Community Foundation Board. “In anticipation of signing this agreement, the Board and I have been working on many fundraising strategies. We have identified funding thresholds, which the public will hear more on the 15th. Of course, throughout the process, we will seek volunteers as well as ask for public input, both formally and informally.”

“This creative campus in this prime location is a great blend of opportunities for our business community, for our residents, and for our tourists,” Glenn Crenshaw, Vice-Chair of the Foundation Board, “I am looking forward to the next steps.”

CONTACT: DIANE MURPHY, 479-981-1323 OR GLENN CRENSHAW, 479-981-1579