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How would you spend $270 million?

District is soliciting applicants for bond oversight committee. Seven members will be responsible for ensuring Measure S funds meet state law.

May 16, 2011|By Megan O'Neil, megan.oneil@latimes.com
(Page 2 of 2)

They will not appropriate dollars, approve construction contracts or change orders or set construction plans or schedules. Those powers will be reserved for the superintendent and school board.

The district is also in the process of voluntarily creating a secondary advisory body — the Superintendent’s Facility Advisory Committee — which would be tasked with, among other things, ensuring bond projects meet construction standards and specifications.

Measure S passed on April 5 with 69.9% of the vote — well above the 55% needed — and will be phased in on the heels of Measure K, a $186-million bond passed in 1997 that financed major construction projects, such as the refurbishment of Clark Magnet High School. The cost to property owners will remain even, about $46 per $100,000 of assessed value, through 2050, according to the school district.

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District officials expect to issue the first series of Measure S bonds — a total of $54 million — by early fall. Priority projects include technology upgrades and safety and security enhancements at school sites.
 
 

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