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Azusa Unified board approves amendment and sale resolution for former elementary sites; buyer TrueMark withdraws from prior agreement
Summary
The Azusa Unified School District Board approved a first amendment extending due diligence for Taylor Morrison and authorized staff to proceed with the sale of the former Mountain View Elementary School after TrueMark ended its purchase agreement.
The Azusa Unified School District Board of Education on Feb. 11 approved an amendment extending Taylor Morrison’s due-diligence period on one former district site and adopted a resolution authorizing sale of the former Mountain View Elementary School after a previous buyer, TrueMark, withdrew.
Superintendent Arturo Ortega told the board that Taylor Morrison, the buyer for the former Powell Elementary School site, requested additional time to complete due diligence because of unexpected delays; a first amendment to its purchase-and-sale agreement was brought to the board for consideration. Ortega also reported that TrueMark submitted notice ending its agreement to purchase the former Mountain View site; the board voted on a new sale authorization that night.
The board considered and approved two related items: a first amendment to the purchase-and-sale agreement with Taylor Morrison of California LLC and Resolution No. 24-2523 authorizing staff to proceed with the sale of the former Mountain View Elementary School and making related findings. The first amendment was moved and seconded on the floor and "motion passes" was announced. The resolution (24-2523) was adopted by hand vote, with Board Clerk Rodriguez Pena, Member Ramos, Member Grier and the board president recording “yes” votes on the roll call conducted by the vice president.
Board members did not ask substantive policy or process questions during the motions; Ortega’s update was the principal public explanation of the transactions. The superintendent told the board a new purchase-and-sale agreement with Taylor Morrison (the Powell buyer) was on the agenda that evening for consideration following TrueMark’s withdrawal.
The board’s action authorizes staff to proceed with sale steps described in the purchase-and-sale paperwork and related findings in the resolution; the resolution text and the purchase-and-sale agreement amendment were the controlling documents presented to the board that night.
No dollar amounts, closing dates, or changes to the sale prices were specified in the board discussion. Ortega indicated the buyers are continuing due diligence and that the amendment extends Taylor Morrison’s due-diligence period; specific extended dates were not stated on the record.
Votes at the meeting were recorded as follows: the first amendment to the Taylor Morrison purchase-and-sale agreement was approved (motion and second recorded on the minutes; vote tally not specified on the record). Resolution 24-2523 authorizing the sale of the former Mountain View Elementary School was adopted by hand vote (Rodriguez Pena — yes; Ramos — yes; Grier — yes; Board President — yes).
The board did not discuss relocations of programs, site reuse plans, or funding tied to the sales during the public meeting beyond the procedural motion and the superintendent’s due-diligence update.
Looking ahead, the board packet included the amended agreement and resolution for board consideration; staff will proceed under the authority granted by the resolution and amendment. The transcript contains the superintendent’s surplus-property update and the motions and votes recorded for both items.
