The deadline is nearing for Community First to purchase Sumner School in Topeka to transform it into a charter school, that deadline is this Saturday, May 31st at midnight.
Community first signed a contract with the city of Topeka on November 15th to come up with 3.6 million dollars to purchase Sumner School, in about 48 hours that contract is void.
Sandra Lassiter with Community First says that interest from an outside investor may be key but that investor has requested 60 more days.
"Considering the fact we are in contract with the city and the only ones in contract with the city, we're expecting them to give us that extension," Lassiter said.
"No extension will be given," City Spokesperson David Bevens said.
I asked Lassiter what would happen if an extension wasn’t granted, “Well we're expecting to get an extension but I always have a plan “B” and that of course would be the persons and grants and so fourth that we have."
According to Bevens Community First will have to go with plan “B”, but time is running out.
"it's a contract, you know, they signed it, we signed it and it says by May 31st it has to be closed; the deal has to be sealed."
That deal includes 3.6 million dollars in commitments, a 10-year plan of use for the building and a zoning changes permit."
‘Those three things we need and we don't have them yet," said Bevens.
"We have everything in place, or at least we feel that we do and we have our money to buy the building," said Lassiter.
"If they have it then we will look through all the information and if it meets the criteria under the contract they get the building," Bevens added.
Now Bevens says if Community First doesn't secure the building its up to city council to decide what happens next. He says it's likely a new RFP will be drafted or the building will be auctioned.