- Published: Tuesday, 26 April 2016 21:15
By Cheryl Splain, KnoxPages.com reporter
MOUNT VERNON — Property belonging to the now-closed Mount Vernon Academy will go on the auction block June 22.
The Ohio Conference of Seventh-day Adventists has retained United Country Real Estate & Auction Services to handle the auction. Chip Carpenter is the auctioneer/broker. Interested buyers can preview the properties on May 11, May 25 and June 15 from 4 p.m. to 6 p.m. The sale will take place June 22 at 4:00 p.m. on the main campus.
According to Karen Senecal, Ohio Conference treasurer, the sale is a reserve auction. After the auction ends, the Ohio Conference Executive Committee and the Mount Vernon Academy Board of Trustees will meet and decide whether to accept the bids.
The 16 tracts for sale include two building lots on McKenzie Road, 148 acres of agricultural land on Wooster and McKenzie roads, a strip center on Wooster Road, open fields around Perimeter Drive, buildings on the main campus and two residential homes. For a complete list and description of the parcels, visit http://www.ucrealestateandauction.com/Auctions/-ive-only/-ount-ernon-cademy-eal-state-uction-/70654.
In October 2015, Ohio Conference school leaders had the chance to bid for or request MVA assets for use in their schools. Several smaller SDA churches also received a few items. Items coming primarily from the café, classrooms and dorms sold at an auction on Dec. 2; proceeds of the sale netted $46,306.42, which went toward reducing the academy’s debt to the Ohio Conference.
Heidi Shoemaker, communications director for the Ohio Conference, said the remaining academy equipment and contents will sell at a separate auction to be held about six to eight weeks after the property sale. Sale revenue will also go toward debt reduction.
Mount Vernon Academy closed its doors at the end of the 2014-15 school year after attempts to resolve its financial situation failed. Founded in 1893, the school was the oldest operating boarding school of the Seventh-day Adventist Church.