Aspen Peaks Board approves ASD asset distribution plan
By Megan Wallgren | Lehi Free Press · June 30, 2026 · 1 min read
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Aspen Peaks School District board members voted unanimously to approve a memorandum of understanding regarding the division of assets and liabilities from Alpine School District. The agreement outlines how these will be distributed among three newly formed area districts.
Key takeaways
Aspen Peaks School District board members unanimously approved a memorandum of understanding on June 11.
The agreement governs the division of assets and liabilities from Alpine School District among three new area districts.
Timpanogos School Board members also approved the agreement.
Aspen Peaks School District board members voted unanimously to approve a memorandum of understanding at their June 11 meeting. The agreement dictates the division of assets and liabilities from the Alpine School District (ASD) among three newly formed area districts.
The memorandum of understanding establishes how assets and liabilities from the Alpine School District will be divided between the three new districts.
In addition to the Aspen Peaks vote, members of the Timpanogos School Board also approved the agreement.
