Charlottetown council unanimously Tuesday to sell a piece of property to allow for the construction of a new Sherwood Elementary school.
The 0.89 acres of land are located behind the Cody Banks Arena and will be sold at a purchase price of $158,000.
The provincial government had approached the city to purchase a portion of the property behind the arena in order to construct a school to replace Sherwood Elementary.
A motion to approve the sale was presented at council’s monthly meeting on Aug. 12, but was deferred so councillors could meet with provincial representatives and obtain additional information before making a decision.
Council voted to proceed with the sale during a special meeting Tuesday.