School board to consider initial round of Measure I1 bond sales Tuesday | News – California News

School board to consider initial round of Measure I1 bond sales Tuesday | News – California News

The first issuance and sale of Measure I1 bonds, a report on PUSD property and a budget update are among the items on the agenda for the Pleasanton school board’s first meeting of the 2017-18 school year Tuesday.

The meeting will get underway at 7 p.m. in the district office boardroom at 4665 Bernal Ave. following closed session at 5 p.m.

Tuesday will also be the first meeting with new PUSD superintendent David Haglund, Ed.D., at the helm. The former Santa Ana schools administrator started working July 1 after being formally selected by the board in June from over 50 applicants.

As part of Tuesday’s agenda, the board will be asked to consider authorizing the first issuance and sale of Measure I1 bonds.

The board reviewed financing documents for the $72 million initial bond series at their last meeting June 27, but PUSD administration elected to delay asking the board to vote on the matter until August to allow more time for trustees and community members to look over the documents.

Those documents, which include a bond purchase agreement, resolution and official statement, can be found in Tuesday’s board packet on the district website.

Proceeds from the first series of bonds would be put toward several endeavors, including the Lydiksen Elementary School rebuild, certificates of participation payoff and a new elementary school feasibility study.

While the district would start work on those projects this school year, PUSD stakeholders plan to simultaneously work to create a Measure I1 and facility master plan that would include timelines and budget and project details by school.

Measure I1, which Pleasanton voters resoundingly approved in November, is…

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