Wiseburn board approves bond documents, construction contracts, consultant agreements and Chromebook purchase revision

The Wiseburn Unified School District Board of Trustees voted unanimously on a slate of fiscal and construction items at its meeting, approving bond‑issuance documents for a new draw, multiple change orders and contracts for campus modernization and athletic field work, consultant agreements and a revision to a Chromebook purchase authorization.

The board adopted documents authorizing the next draw under the voter‑approved Measure EE general obligation bond program and a related resolution of intent. Jen Kim, financial advisor with Piper Sandler, told trustees the district is seeking approval for a $34,000,000 bond issuance as the next draw from the Measure EE authorization; she said the district previously drew $25,000,000 and that the voter‑approved authorization totaled $98,000,000. “This next bond issuance . . . is the $34,000,000 bond package,” Kim said, adding that, based on current market conditions, “the average interest rate . . . would be under about 5%.”

Board members asked questions about the rating and sale process; Kim and district staff described the multi‑phase issuance workflow (document drafting, credit rating, then marketing to…