Sequoia board approves $265M bond measure for June ballot
Original post made on Mar 8, 2014
Read the full story here Web Link posted Thursday, March 6, 2014, 10:43 AM
on Mar 8, 2014 at 8:27 pm
Peter Carpenter is a registered user.
Note that the outstanding General Obligation Bond debt of the District as of June 30, 2013, is already $336,340,000.
The total requirements to amortize through 2044 these General Obligation Bonds outstanding as of June 30, 2013 is $558,520,819.
Now add $265 M more in debt which would take $530 M to retire and the DUHSD would now have a total amortized debt of $1.08 BILLION !!!
on Mar 9, 2014 at 10:31 am
> "We want to be as lovely and attractive to all audiences
> as possible" and, toward that end, "to analyze and slice
> (data) in order to figure out how to target messaging,"
> Mr. Weiner said.
Why do I have a feeling that the slicing and dicing of data will "slice" out the over 1/2 BILLION dollars of bonds already owed. If this were to pass, the district would have over a BILLION in bond debt, and not even have another full high school to show for it.
I will lend my full support to NO. And I will be happy to help fund a NO on this measure.
on Mar 10, 2014 at 11:33 am
Ravenswood High School: 1958-1976 (18 years)
San Carlos High School: 1960-1982 (22 years)
Does the district hold any debt related to these high schools that were closed two decades after opening?