CUSD New District Office
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At the Board meeting on 4/25/2024, the Board discussed the plan to relocate the District Administrative Office from its current location at S. Mary Avenue, Sunnyvale to the Meyerholz campus. which was closed by the district in 2021.
The district plans to use Certificates of Participation (COP) debt to finance the new office building. Unlike bonds, which need to be approved by voters, COP comes from the district's operating budget and doesn't need voter approval. The district is currently in a budget deficit.
Since CUSD is renting its current Administrative Office, after moving into the new office, the district needs to pay the COP, but not the current rent. The current rent is about $471K per year. The COP payment would be about $686K per year, an increase of about $215K per year. I assume the district would pay both current rent and the COP while the new office building is in construction. But the district needs to pay neither after COP is paid off (30 years later).
This district is planning to convert Meyerholz Elementary School to new district office, but is this the best location? I assume once Meyerholz is converted to district office, it wouldn't be suitable to be a school anymore. Should we keep Meyerholz as a potential school site and build the new district office somewhere else?
Southwest corner of Lawson Middle School could be a good alternative place. The corner is currently occupied by a lot of school buses and other district facilities. It looks like below.
The Finch site is a 1.5 acres empty lot next to Sedgwich Elementary School. It should be a suitable alternative site if it's large enough.
