Series A and B bonds were previously released; the district has approximately $67 million on deposit remaining from the issuance of those bonds for the designated projects. (After the latest issuance, a balance of approximately $12 million remains unissued under Measure SA.)
With the funding now in place, the priority-one projects will be scheduled for completion. The projects consist of building Castaic area high school, construction of auditoriums at both Saugus and Canyon High Schools and Phase Two moderni ation projects at Hart High School, Sierra Vista Junior High School and Placerita Junior High School.
“With historically low interest rates and a favorable building environment, we are pleased about the timing of this release,” Rob Challinor, Superintendent, said. We are excited about constructing the long awaited high school in Castaic and providing new high-tech classroom buildings and other upgrades to some of our older schools.” Challinor complimented the board on the issuance and thanked the community for the continued support.
Hart District Issues Bulk of Remaining Measure SA Bonds
