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Laguna Beach Unified board pulls $23 million certificates-of-participation item from agenda
Summary
The Laguna Beach Unified School District Board of Education voted Tuesday evening to remove Item 11B — a resolution authorizing the execution and delivery of certificates of participation (COPs) — from its agenda so trustees could take more time to review the proposal before considering roughly $23,000,000 in financing.
The Laguna Beach Unified School District Board of Education voted Tuesday evening to remove Item 11B — a resolution authorizing the execution and delivery of certificates of participation (COPs) — from its agenda so trustees could take more time to review the proposal before considering roughly $23,000,000 in financing.
Board members said the late change was intended to give newer trustees time to study the technical and fiscal details and to avoid disappointing members of the public who might have…
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