MONTGOMERY, AL (WSFA) - A contract has been signed for the sale of Georgia Washington Middle School to Pike Road Schools.
Pike Road Mayor Gordon Stone confirmed both sides have signed a contract for the sale of the school. Stone said it's a good contract, but the purchase isn't official yet.
He said this is the first step in the process of buying the school, and the rest of the process, including the title and closing, will take time.
According to Montgomery Public Schools, Interim State Superintendent Dr. Ed Richardson executed the contract for the sale of the school Friday.
According to a statement from MPS, the sale would result in a $9.85 million capital injection into the MPS general fund and annual recurring savings estimated at $600,000.
This is the second time Pike Road has signed a contract to buy the school.
Pike Road terminated the previous contract amid a court battle over the sale. The Alabama Education Association filed a lawsuit against Richardson and others. The Alabama Supreme Court ordered the Montgomery County Circuit Court to dismiss the case on May 4.
Friday was Richardson's final day as interim superintendent. Dr. Eric Mackey was sworn in as Alabama's state superintendent on Friday. He was selected by the Alabama State Board of Education in a 5-4 vote on April 19 and officially began his duties on Monday.