(Visit AlmanacNews.com for updates. The meeting was held after the Almanac went to press.)
The board also is expected to consider a recommendation to allow the private school now leasing the site — the German-American International School (GAIS) — to remain on the campus through May 15, 2015. The district had recently rewritten the lease agreement with the school, applying a termination clause to force it to vacate the campus by June 2014. The original lease expired in June 2016.
The bond measure would be on the Nov. 5 ballot, and approval would require a 55 percent favorable vote. According to draft bond language and an overview by the district, the "best estimate" of the maximum tax rate levied to meet the debt service of the proposed bond would be $8.70 per year per $100,000 of assessed valuation of taxable property.
The board voted earlier this year to take back the O'Connor campus, at 275 Elliot Drive in Menlo Park, to provide more space for a burgeoning enrollment in the district's four schools: Encinal and Laurel in Atherton, and Oak Knoll and Hillview Middle in Menlo Park.
The O'Connor site now has only one permanent building, constructed in the 1950s. GAIS uses a large number of portable buildings for its students.
The June 11 meeting was scheduled to begin at 6 p.m. in the district's board room, 181 Encinal Ave. in Atherton
Go to tinyurl.com/MPSDbond for the board agenda, and go to item No. 8 for the staff report and financial breakdown for the proposed project.
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