The Irontown Independent School District wants to sell a parcel of unimproved land that it does not need. Its three best offers are as follows: Organization/Company Offer Proposed Use The State Department of Public Safety (DPS) $5.7 million New state highway patrol barracks The Lexington Presbyterian Church $5.6 million Start a church school Newberry Inc. $5.5 million Open a car dealership As the financial adviser for the school district, which offer would you prefer?

Practical Management Science
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The Irontown Independent School District wants to sell a parcel of unimproved land that it does not need. Its three best offers are as follows:

Organization/Company Offer Proposed Use
The State Department of Public Safety (DPS) $5.7 million New state highway patrol barracks
The Lexington Presbyterian Church $5.6 million Start a church school
Newberry Inc. $5.5 million Open a car dealership

As the financial adviser for the school district, which offer would you prefer?

Expert Solution
First we understand about district school

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