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Reynolds Elementary Reacquisition



Spencer, IA (KICD)--The Spencer School District has reacquired the Reynolds Elementary School Building.

In 2007 the building was sold to Tony Curiel who used the building to host a school of visual arts. Last Summer a fire at the building led to the finding that Curiel did not have insurance on the building. Superintendent Terry Hemann tells KICD News that the district did have insurance.

While the district has no immediate plans for the building, Hemann noted the location next to the high school made reacquiring the property desirable.

Tony Curiel tells KICD News he will now head to Newton after being approached by city officials.

Curiel expressed his gratitude to those who visited the school and even those who didn't.
The agreement approved last night called for the district to pay $145,000 to reacquire the Reynolds Elementary School Building with $45,000 paid to Curiel up front, and the remainder of the balance to be paid once the building is turned over by July 31st.

Story Copyright KICD/KLLT 2012

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