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Phoenix Elementary School District seeks voter OK for long-term leases; parents warn enrollment loss could worsen
Summary
The Phoenix Elementary School District No. 1 board heard a presentation explaining a November ballot proposition that would allow long-term (21–99 year) leases, sales and exchanges of district property and drew public comment from parents and community members worried about enrollment declines and past leasing transparency. The board discussed how lease revenue — currently about $1.1 million annually — might be used and voted to adjourn to executive session on unrelated personnel matters.
The Phoenix Elementary School District No. 1 governing board on an evening meeting reviewed a proposed November ballot measure that would give voters permission for the district to enter long-term leases (21–99 years), to sell property with restricted use of proceeds for bond debt repayment and reinvestment into buildings, or to exchange land with other parties.
Sarah Sims, executive director of strategic initiatives, told the board the measure would expand the district’s options to generate revenue from property while keeping restrictions on how sale proceeds are used. Sims said some existing voter-approved long-term leases include Booker T. Washington, Fillmore and Monterey Park, and that current real-estate lease revenue across the district…
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