School district accepts third offer to purchase Fisher Building

When it comes to selling the Cheney School District’s surplused administration building, the district’s school board members likely hope there’s truth to the saying “Third time’s a charm.”

For the third time in a year and two-thirds the district has a purchase offer for the Fisher Building, which began life in 1929 as Cheney High School. The board agreed to a proposed agreement at its March 25 meeting with local developers Rob Brewster and Ron Wells to sell the building for $949,500, which is 90 percent of the building’s assessed value.

Brewster and Wells have formed a limited liability compan...