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Azusa Unified board approves amendment lowering price for surplus site sale to $24 million, adopts routine proclamations
Summary
The board voted 4-0 to approve a fourth amendment to the Taylor Morrison purchase-and-sale agreement reducing the price to $24,000,000 and adding profit-sharing language; the board also approved several proclamations and recorded a closed-session student settlement (OAH 2026020802).
The Azusa Unified School District Board of Education on April 21 approved a fourth amendment to a purchase-and-sale agreement with Taylor Morrison, California LLC for a former district property, lowering the purchase price to $24,000,000 and adding a profit-sharing provision intended to protect district interests.
Superintendent-led staff updated the board in a facilities report that Taylor Morrison — the developer for the Powell Elementary site project referenced in the update — will hold a community meeting…
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