Inglewood asset committee advances Highland and Kelso recommendations after debate over short-term Think True lease

The Inglewood Unified School District Asset Management Committee on Feb. 24 reached consensus to move forward with separate recommendations for the Highland and Kelso school sites, to include a recommendation to pursue opportunities tied to major events such as the Los Angeles 2028 Olympics, and to ask staff to monitor related city projects as it continues disposition planning.

The action followed a presentation by Landis Grama of DCG Strategies on land‑use and adjudicated water‑rights for the Kelso and Morningside properties, a fiscal briefing from Rafael Guzman on how sale proceeds and lease income must be treated under education‑fund accounting, and an extended discussion about a six‑month joint‑use lease between the district and Think True LLC that included demolition activity that surprised nearby residents.

Why it matters: The committee’s recommendations set the advisory direction that staff will carry to the board and the public‑hearing process. They affect whether district property is sold, leased short‑term or kept for future use and whether revenues from leases will be available for general‑fund needs or restricted to capital projects.

Landis Grama, chief executive officer of DCG Strategies, summarized a…