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Los Altos School District outlines Measure EE spending after $95 million Series A sale
Summary
District staff told trustees the San Antonio campus is entering construction review and that Series A bond proceeds of $95 million will seed the Measure EE program; staff presented draft budgets, contingencies and a schedule that targets campus completion in 2028 and asked for board direction before finalizing the project list.
Eric, the district presenter, told the Los Altos School District Board that the district completed a successful Series A bond sale of $95,000,000 and presented a study-session overview of Measure EE projects, schedules and funding sources.
The Measure EE package is a Prop 39 general obligation bond measure for $350,000,000. Eric said the district has already completed CEQA for the San Antonio campus and submitted DSA (Division of State Architect) drawings in December; DSA review of increment 1 (utilities and demolition) is complete and site work is expected to begin May–June, with construction targeted to finish in 2028. "We did okay on Tuesday," Eric said of the sale, "we had a successful bond sale of $95,000,000." (Eric)
Staff presented the San Antonio cost estimate as roughly $110,000,000 in…
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