The Bloomfield School Board voted to submit a bid for a real estate purchase at a special session Tuesday afternoon.
"About two weeks ago it came to our attention a piece of real estate property we were interested in the past was up for auction," Bloomfield School District Superintendent Dan Sichting said.
The piece of property is located on U.S. 231 South, within five miles of town, which Sichting noted is within the school district.
The board requested the bid and two appraisals given by attorney Todd Corn in order to prevent giving other bidders the upper hand.
"If our competitors for the land had knowledge of our bids or the amount of the value of the land, it would give our competitors for the land an unfair advantage," Sichting explained.
Corn did note in comparing his appraisals to that of an appraisal completed by the family a year before the price of the land had risen considerably.
The bids will be read Wednesday afternoon, at which point the low bidders will have an opportunity to rebid and the high bidder can rebid within a certain dollar range.
"I've done some research ... these prices are pretty reasonable," school board member Eric Moody noted.
The board voted to approve the resolution in hopes of acquiring the land in case the district needs to rebuild a portion of the school or to eventually build an outdoor athletic facility.
"Since I've been here, one of my first charges was to come up with some land to build an outdoor facility. We've had some close calls and some we were far off on," Sichting said.
Sichting said when he came to the school seven years ago, a piece of property had been purchased by a previous board, but it was not reasonable to build on.
The cost to build on the original piece of land would be too high based on the building cost for the site and type of soil.
"This piece of land (on US 231) is considerably flat and rolling, so that would help with any building costs," Sichting said.
Sichting noted the board was pleased to be informed about this piece of land by members of the community because Bloomfield is surrounded by hard to build acreage.
"One side of us is the river, one side is a flood plain and two sides of Bloomfield is hills," Sichting said.