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The Adams Independent School District wants to sell a parcel of unimproved land that it does not need. Its three best offers are as follows:

The Adams Independent School District wants to sell a parcel of unimproved land that it does not need. Its three best offers are as follows:

Organization/Company Offer Proposed Use
The State's Department of Public Safety (DPS) $6.1 million New state highway patrol barracks
The St. Peters Church $6.0 million Start a church school
Jonston Car Dealers $5.9 million Open a car dealership

If you are the financial adviser for the school district, which offer would you prefer?

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