The board of a reorganized district may sell or move a school building located in
the district. If a petition calling for the sale of a school building is signed by a majority
of the qualified electors residing within the boundaries of a former school district
now wholly located within the boundaries of the reorganized district, and is submitted
to the board, the board shall sell the building. If the petition calls for the board to move the building, the board shall move the
building to the location designated in the petition. The board shall deposit proceeds of the sale in either the district's general fund
or the building fund. If the purchaser or recipient of the building is a political subdivision of this
state, the board, upon a unanimous vote, may sell the building for less than its fair
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