Definition. In this regulation, the following term has the meaning indicated. Term Defined. “School property” means any land, school site, or school building. A county government: May use, sell, lease, or otherwise dispose of, except by gift, any former school property in accordance with this regulation; and Is encouraged to use the State Clearinghouse or similar procedures to make government agencies aware of the availability of former school property. A county government proposing to dispose of former school property shall submit to the IAC a request for approval to dispose. The IAC shall review the request and may approve, disapprove, or conditionally approve the request to dispose of the former school property. The IAC may require that the disposition documents specifically incorporate the conditions.