Tuesday, March 11, 2008

Trustees wriggle around litigation, choose lease-purchase in pursuit of Blue Shield building


During last night's closed session WJUSD School Board meeting, trustees finagled a lease-purchase agreement that offsets the inability to sell Certificates of Participation. The demise of the COPs was brought on by the ongoing Grand Jury investigation, but details were not available at the time of this post.

It wasn't until after the three and a half closed session meeting that a few citizens and Grand Jury members learned of the twist in the purchase of the Blue Shield building to house administrative offices. It was not disclosed what the lease terms are, or the eventual purchase terms.

What is clear, however, is the recall effort will proceed since the district is still intent on purchasing the building. Papers for the recall may begin circulating this Friday - the day marking the 90-day period since two of the trustees subject to the recall took office.

8 comments:

Doug Paul Davis said...

Be very leary of such agreements, take a look at what happened to DJUSD on Korematsu with their lease-purchase agreement.

Anonymous said...

Can anyone get a copy of this lease deal?

Anonymous said...

This board is out of control. They
still have not heard the public. New office building and laying of teacher? Something is wrong with picture.

Anonymous said...

This board is out of control. They
still have not heard the public. New office building and laying of teacher? Something is wrong with picture.

Anonymous said...

I for one am totally against the "laying" of teachers. It's wrong and should not be tolerated. If the board is "laying" teachers it must be stopped. Immediately!!!

Anonymous said...

Is this an attempt to avoid legal problems for Blue Ice and the board regarding the Eminent Domain?

Since it seems like they are terminating the agreement?

What happened to buy not leasing? Are they still going to need to pay $450,000 a year to lease? Does the lease go towards the purchase?

How can they explain paying that much to LEASE and not then make other cuts?

Which trustees voted for this?

As a patent with a children in the district, I would rather have full day kindergarten throughout the district than have a new Taj Mahal.

Anonymous said...

I think the school board should find an unused parking lot and rent it. The board can meet and staff can work only on days when there is sunshine.

Without walls, AC/heat etc. think of the money saved.

Enough silliness!

When will someone be realistic and acknowledge that every aspect of the school district is important and the financial suffering shifts from aspect to aspect over time.

One constant remains - when people talk about money for education that is code for "increase" teacher salaries.

Anonymous said...

Yea, let's not pay them a blasted thing! Let's put our money where our values really are. Pay raise for prison guards!