CC SR 20240903 02 - PVPUSD Bond Measure
CITY COUNCIL MEETING DATE: 09/03/2024
AGENDA REPORT AGENDA HEADING: Regular Business
AGENDA TITLE:
Consideration and possible action to take a position on the Palos Verdes Peninsula
Unified School District Classroom Repair/Student Safety Bond Measure.
RECOMMENDED COUNCIL ACTION:
1) Consideration of the Palos Verdes Peninsula Unified School District (PVPUSD)
Classroom Repair/Student Safety Bond Measure as continued from August 20,
2024; and,
2) If the City Council desires to take a support position on the Bond Measure, adopt
Resolution No. 2024-___ thereby expressing its support which may be used for
campaign purposes.
FISCAL IMPACT: There is no direct fiscal impact in considering the recommended
action.
Amount Budgeted: N/A
Additional Appropriation: N/A
Account Number(s): N/A
ORIGINATED BY: Catherine Jun, Deputy City Manager
REVIEWED BY: Same as below
APPROVED BY: Ara Mihranian, AICP, City Manager
ATTACHED SUPPORTING DOCUMENTS:
A. Resolution No. 2024-____ (page A-1)
B. Palos Verdes Peninsula Unified School District – Bond Measure Informational
Sheet (page B-1)
BACKGROUND:
On August 6, Councilmember Seo requested an agenda item be placed on the August
20 City Council agenda to discuss and consider taking a support position on the PVPUSD
Classroom Repair/Student Safety Bond Measure, which will be on the November 5, 2024
General Election ballot. The bond measure requests voters to consider a general
obligation bond for various school repairs and security improvements at a cost of
$297,800,000. If the Council determines it wishes to take a support position on the
1
measure, attached for Council consideration is a support resolution. If Council chooses
not to express support, no further action will be required.
On August 20, 2024, the City Council, attended by Mayor Cruikshank, Mayor Pro Tem
Alegria, and Councilmember Ferraro, considered this agenda item. After receiving public
testimony and deliberating the matter, the attending City Council proposed a motion th at
indicated there would be a 2-1 motion. In response, the City Attorney advised the City
Council that according to state law, council matters that include a vote on a resolution
must be a majority of the governing body not the attending quorum. Thus, the matter was
continued to tonight’s meeting for consideration by the entire City Council.
DISCUSSION:
Current Conditions
The District serves nearly 11,000 students at various facilities including: two early
childhood centers, ten elementary schools, three intermediate schools, two high schools,
one continuation school, and one distance learning academy. Per the District, the
average age of its facilities is nearly 60 years old and are showing signs of age from its
infrastructure (e.g. leaking roofs, outdated plumbing and electrical lines, outdated
temporary portable classrooms), to fixtures (e.g. aging or non-energy efficient light
fixtures, alarms, and other equipment) and facilities (e.g. libraries and labs in need of
updated technology). One example provided includes a recent power surge at Miraleste
Intermediate School that damaged the electrical panel, resulting in a three-day school
closure. Other facility concerns have resulted in operational concerns for the District.
Funding Needs
Prior to 2019, the District created a School Facilities Master Plan to identify major
improvements, cost estimates, and a proposed path to completion. COVID -19
temporarily disrupted implementation of the Plan, and the District has since updated the
Plan and costs, identifying projects that include the aforementioned improvements and
other needs.
Without a dedicated, ongoing source of funding for school facility improvements, the
District began considering a bond measure to provide the funding needed to undertake
them. These funds were also proposed to be used as a local match for State funding for
facility improvements.
Bond Measure on November 5, 2024 Ballot
On June 26, 2024, the District Board of Education voted unanimously to place the
PVPUSD Classroom Repair/Student Safety Bond Measure on the upcoming General
Election Ballot on November 5, 2024. If approved by 55% of local voters, the measure
would provide the District with $297,800,000 to complete high priority improvements,
which are identified in the link above.
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Per the District, the Measure would cost $29 per $100,000 of assessed property value
(not market value), which is approximately $300 annually for the typical homeowner. The
bonds will be based on a 20-year term.
CONCLUSION:
Tonight, the attached resolution could be adopted should the Council choose to take a
support position on this bond measure.
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01203.0001/1007437.1
Resolution No. 2024-___
Page 1 of 8
RESOLUTION NO. 2024-___
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES, EXPRESSING SUPPORT FOR THE
PALOS VERDES PENINSULA UNIFIED SCHOOL DISTRICT
CLASSROOM REPAIR/STUDENT SAFETY BOND MEASURE
WHEREAS, on June 26, 2024, the Palos Verdes Peninsula Unified School
District (the "District"), located in the County of Los Angeles (the "County"), voted
unanimously to adopt District Resolution No. 28-2023/24 to place the Palos Verdes
Peninsula Unified School District Classroom Repair/ Student Safety Measure (the
“PVPUSD Bond Measure”) on the November 5th, 2024 ballot for local voters to
consider. If approved by 55% of local voters, this measure would provide
$297,800,000 in locally controlled funding to complete the most urgent and high
priority improvements, including: repairing or replacing leaky roofs; fixing failing
pipes to prevent sewer and gas leaks; fixing inadequate and failing electrical
systems; repairing failing classrooms, restrooms, and school facilities; replacing
outdated and inefficient heating and cooling systems; removing hazardous
materials like asbestos and lead; replacing deteriorating 30+ year old portable
classrooms that exceed their life span; improving earthquake and fire safety and
campus security; and updating aging science labs and classrooms to meet current
educational standards. The District Resolution, including the full text of the
PVPUSD Bond Measure is attached hereto as Attachment 1.
WHEREAS, the District made the following findings in District Resolution
No. 28-2023/24:
• The District serves approximately 11,000 students in the four cities and
unincorporated area on the Palos Verdes Peninsula; and
• Students receive a high quality and rigorous education at two early
childhood education centers, ten elementary schools, three intermediate
schools, two comprehensive high schools, one continuation school, and
one distance learning academy; and
• Thanks to hardworking students, parents, teachers and staff, the District
ranks among the top school districts at the local, state, and national levels;
and
• The average age of District schools is nearly 60 years old, and while
maintained within limited budgets, aging classrooms, science labs and
school facilities need urgent repairs; and
• Leaky roofs and failing infrastructure, including faulty and failing electrical,
plumbing, sewer, gas, heating and cooling systems, urgently need to be
repaired or replaced; and
• Earthquake safety, fire safety and campus security improvements are
needed to keep students safe; and
A-1
01203.0001/1007437.1
Resolution No. 2024-___
Page 2 of 8
• Most classrooms, labs, and educational facilities were built decades ago
for a different era of education and repairs are needed to meet current
instructional standards, provide access to learning technology, and
support advanced instruction in all subjects, including science, technology,
engineering, math and arts; and
• The District has partnered with architects, school facilities experts,
parents, teachers, staff, students, and the community to conduct a
thorough assessment and prioritization of needed projects at each school
campus; and
• Because the State does not provide dedicated funding for school facility
work, the District lacks a funding source for identified urgent repairs; and
• The Board of Education of the District (the "Board") believes that locally
controlled funding from a school repair bond measure is needed to
complete urgent repairs and safety improvements; and
• Funds from a school repair bond measure would be used to repair aging
classrooms and fix failing infrastructure, including leaky roofs,
deteriorating plumbing, sewers and gas lines, outdated heating and
cooling systems, and inadequate electrical systems, and to improve
earthquake and fire safety at our District schools; and
• The last bond measures to fund repairs and upgrades at local schools
were approved almost 20 years ago, funds from those measures were
expended long ago, and the District does not have a funding source to
address high priority and urgent repairs that have been identified at local
schools; and
• The District has the lowest bond tax rate in the County because, while
neighboring communities have passed local bond measures for their
schools more recently, the District has not approved a school repair bond
measure to upgrade local schools since 2005; and
• In developing a school repair bond measure, the District has assumed the
issuance of shorter term 20-year bond issues in order to reduce the
interest costs payable on the bonds and, therefore, reduce the property
taxes paid by local taxpayers; and
• A school repair bond measure would require strict fiscal accountability
protections, including an independent oversight committee, annual audits,
and public disclosure of all spending to ensure funds are spent as
promised; and
• 100% of funds from a school repair bond measure must remain under
local control to improve local schools only and, by law, no funds may be
taken away by the State or redirected to other school districts; and
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01203.0001/1007437.1
Resolution No. 2024-___
Page 3 of 8
• Bond funds cannot be used for salaries or compensation for
administrators or teachers, and no funds will be used for workforce
housing or administrative buildings; and
• Approval of a local school repair bond measure would help the District
qualify for millions in state matching funds that will otherwise go to repair
schools in other communities, and the District can only access these state
dollars if local matching funds are available from a school repair bond
measure; and
• The cost of the repairs identified at aging local schools is beyond what can
be generated by a school repair bond measure, and the District has
developed a list of high priority projects that are urgent and important for
protecting the safety of students, allowing schools to remain functional and
to meet educational standards to support quality academic instruction; and
• A school repair bond measure must include a legally binding project list
that describes the projects that may be funded by the measure , and no
funds may be used for any other purpose than the projects listed in the
bond measure language; and
• The Board is authorized to order elections within the District and to
designate the specifications thereof, pursuant to Sections 5304 and 5322
of the California Education Code; and
• The Board is specifically authorized to order elections for the purpose of
submitting to the electors the question of whether bonds of the District
shall be issued and sold for the purpose of raising money for the purposes
authorized pursuant to California Education Code Sections 15100 et seq.;
and
• Under paragraph (3) of subdivision (b) of Section 1 of Article XIIIA of the
Constitution of the State of California (the "California Constitution") and
subdivision (b) of Section 18 of Article XVI of the California Constitution,
and Section 15266 of the California Education Code, the Board is further
authorized, pursuant to a two-thirds vote and subject to Section 15100 of
the California Education Code, to seek approval of bonds and levy an ad
valorem tax to repay those bonds upon a 55% vote of the voters of the
District voting on the measure for the purposes hereinafter specified,
provided certain accountability requirements are included in the measure,
including (a) that the proceeds from the sale of the bonds be used only for
the purposes specified in Article XIIIA, Section 1(b)(3) of the California
Constitution, and not for any other purpose, including teacher and
administrator salaries and other school operating expenses, (b) that a list
of the specific school facilities projects to be funded be included and
certification that the Board has evaluated safety, class size reduction, and
information technology needs in developing that list, (c) that the Board
conduct an annual, independent performance audit to ensure that the
funds have been expended only on the specific projects listed, and (d) that
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01203.0001/1007437.1
Resolution No. 2024-___
Page 4 of 8
the Board conduct an annual, independent financial audit of the proceeds
from the sale of the bonds until all of those proceeds have been expended
for the school facilities projects; and
• The Board deems it necessary and advisable to submit such a school
repair bond measure to the electors, which, if approved by at least 55% of
the votes cast, would permit the District to issue its bonds; and
• The Board has evaluated the facilities needs of the District to determine
which projects to finance from a local bond at this time; and
• In order to address the facilities needs of the District, the Board deems it
necessary and advisable to fund the specific school facilities projects
listed under the heading entitled "Bond Project List" included in the full text
of the school repair bond measure; and
• The Board has determined that the projects listed on the Bond Project List
are authorized to be financed with bonds of the District under subsection
(a) of Section 15100 of the California Education Code and are for
purposes specified in Article XIIIA, Section l(b)(3) of the California
Constitution, and not for any other purpose, including teacher and
administrator salaries and other school operating expenses; and
• In accordance with paragraph (3) of subdivision (b) of Section 1 of Article
XIIIA of the California Constitution, and as provided in the full text of the
school repair bond measure, the Board has evaluated safety, class size
reduction and information technology needs in developing the Bond
Project List; and
• In accordance with paragraph (3) of subdivision (b) of Section I of Articl e
XIIIA of the California Constitution, and as provided in the full text of the
school repair bond measure, annual, independent performance and
financial audits shall be required as part of the school repair bond
measure; and
• Pursuant to Section 15278 of the California Education Code, if a school
repair bond measure is authorized in accordance with paragraph (3) of
subdivision (b) of Section 1 of Article XIIIA of the California Constitution
and subdivision (b) of Section 18 of Article XVI of the California
Constitution, the Board must establish and appoint members to an
independent citizens' oversight committee to ensure that (a) bond
revenues are expended only for the purposes specified in Article XIIIA,
Section I(b)(3) of the California Constitution, and (b) that no funds are
used for any teacher or administrative salaries or other school operating
expenses; and
• In accordance with Section 15278 of the California Education Code, and
as provided in the full text of the school repair bond measure, an
independent citizens' oversight committee shall be required as part of the
school repair bond measure; and
A-4
01203.0001/1007437.1
Resolution No. 2024-___
Page 5 of 8
• A bond election authorized pursuant to paragraph (3) of subdivision (b) of
Section I of Article XIIIA of the California Constitution and subdivision (b)
of Section 18 of Article XVI ofthe California Constitution, must be
conducted concurrent with a statewide primary election, general election
or special election, or at a regularly scheduled local election at which all of
the electors of the District are entitled to vote, as required by Section
15266 of the California Education Code; and
• On November 5, 2024, a statewide general election is scheduled to be
conducted throughout the District; and
• Subsection (c) of Section 15100 of the California Education Code provides
that, before the Board may order an election pursuant to California
Education Code Sections 15100 et seq., it shall obtain reasonable and
informed projections of assessed property valuations that take into
consideration projections of assessed property valuations made by the
county assessor; and
• Although the County Assessor does not make projections of assessed
property valuations beyond the next succeeding tax year, the Board has
been presented with projections of assessed property valuations of the
property within the boundaries of the District in connection with developing
the school repair bond measure that take into consideration, among other
things, the long-term historical average growth rates of assessed property
valuations of the property within the boundaries of the District and the
Board finds those projections to be reasonable and informed; and
• The Board has determined that, based upon such projections of assessed
property valuation, if approved by voters, the tax rate levied to meet the
debt service requirements of the bonds proposed to be issued will not
exceed the maximum tax rate permitted by Section 15270 of the California
Education Code; and
• Section 9400 et seq. of the California Elections Code requires that a tax
information statement be contained in all official materials, including any
voter information guide prepared, sponsored or distributed by the District,
relating to the election; and
• The Board now desires to authorize the filing of a ballot argument in favor
of the school repair bond measure to be submitted to the voters at the
election; and
• The District expects to pay certain expenditures (the "Reimbursement
Expenditures") in connection with the projects listed in the Bond Project
List prior to financing the costs associated with such projects on a long-
term basis; and
• The District reasonably expects that certain of the proceeds of the bonds
proposed to be issued under the school repair bond measure, if approved
A-5
01203.0001/1007437.1
Resolution No. 2024-___
Page 6 of 8
by voters, will be used to reimburse the Reimbursement Expenditures;
and
• Section 1.150-2 of the Treasury Regulations requires the District to
declare its reasonable official intent to reimburse prior expenditures for the
projects listed in the Bond Project List with proceeds of a subsequent
borrowing; and
• If any project to be funded by the bonds will require State of California
matching grant funds for any phase, the sample ballot must contain a
statement, in the form prescribed by law, advising the voters that such
project is subject to the approval of State matching funds and, therefore,
passage of the bond measure is not a guarantee that the project will be
completed, and the Board finds that completion of all or a portion of the
projects listed in the Bond Project List will require State matching grant
funds for one or more phases thereof.
WHEREAS, the City and the City Council of the City of Rancho Palos
Verdes are invested in the smooth running and success of the schools within the
Palos Verdes Peninsula Unified School District, which have provided excellent
education for its students despite challenging circumstances, and wish to express
its support for the PVPUSD Bond Measure to ameliorate such conditions and
improve the learning environment for students.
NOW, THEREFORE THE CITY COUNCIL OF THE CITY OF RANCHO
PALOS VERDES DOES HEREBY FIND, DETERMINE AND RESOLVE AS
FOLLOWS:
Section 1: The City Council incorporates the above recitals herein by
reference, including the findings made by the Board in District Resolution No. 28 -
2023/24.
Section 2: The City Council fully supports the PVPUSD Bond Measure that
will be on the November 5, 2024 ballot and believes the safeguards put in place
by the Board in the Bond Measure will ensure that the funds raised will be use for
their intended purposes and for nothing else.
SECTION 3. Effectiveness. This Resolution shall take effect immediately. A
copy of this Resolution shall be forwarded to the Board of Directors of the
PVPUSD. The City Clerk shall certify to the passage and adoption of this
resolution.
PASSED, APPROVED and ADOPTED this 20th day of August, 2024.
John Cruiksank, Mayor
Attest:
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01203.0001/1007437.1
Resolution No. 2024-___
Page 7 of 8
Teresa Takaoka, City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss
CITY OF RANCHO PALOS VERDES )
I, Teresa Takaoka, City Clerk of the City of Rancho Palos Verdes, hereby
certify that the above Resolution No. 2024-____ was duly and regularly passed
and adopted by the said City Council at a regular meeting thereof held on August
20, 2024
__________________________
City Clerk
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01203.0001/1007437.1
Resolution No. 2024-___
Page 8 of 8
ATTACHMENT 1
PVPUSD RESOLUTION NO. 28-2023/24
A-8
RESOLUTION NO. 28-2023/24
RESOLUTION OF THE BOARD OF EDUCATION OF THE
PALOS VERDES PENINSULA UNIFIED SCHOOL DISTRICT
ORDERING A SCHOOL BOND ELECTION, AND
AUTHORIZING NECESSARY ACTIONS IN CONNECTION
THEREWITH
WHEREAS, the Palos Verdes Peninsula Unified School District (the "District"), located
in the County of Los Angeles (the "County"), serves approximately 11,000 students in the four
cities and unincorporated area on the Palos Verdes Peninsula; and
WHEREAS, students receive a high quality and rigorous education at two early childhood
education centers, ten elementary schools, three intermediate schools, two comprehensive high
schools, one continuation school, and one distance learning academy; and
WHEREAS, thanks to hardworking students, parents, teachers and staff, the District ranks
among the top school districts at the local, state, and national levels; and
WHEREAS, the average age of District schools is nearly 60 years old, and while
maintained within limited budgets, aging classrooms, science labs and school facilities need urgent
repairs; and
WHEREAS, leaky roofs and failing infrastructure, including faulty and failing electrical,
plumbing, sewer, gas, heating and cooling systems, urgently need to be repaired or replaced; and
WHEREAS, earthquake safety, fire safety and campus security improvements are needed
to keep students safe ; and
WHEREAS, most classrooms, labs, and educational facilities were built decades ago for
a different era of education and repairs are needed to meet current instructional standards, provide
access to learning technology, and support advanced instruction in all subjects, including science,
technology, engineering, math and arts; and
WHEREAS, the District has partnered with architects, school facilities experts, parents,
teachers, staff, students, and the community to conduct a thorough assessment and prioritization
of needed projects at each school campus; and
WHEREAS, because the State does not provide dedicated funding for school facility
work, the District lacks a funding source for identified urgent repairs; and
WHEREAS, the Board of Education of the District (the "Board") believes that locally
controlled funding from a school repair bond measure is needed to complete urgent repairs and
safety improvements ; and
4140-7358-0880.l 7
A-9
WHEREAS, funds from a school repair bond measure would be used to repair aging
classrooms, and fix failing infrastructure, including leaky roofs, deteriorating plumbing, sewers
and gas lines, outdated heating and cooling systems, and inadequate electrical systems, and to
improve earthquake and fire safety at our District schools; and
WHEREAS, the last bond measures to fund repairs and upgrades at local schools were
approved almost 20 years ago, funds from those measures were expended long ago, and the District
does not have a funding source to address high priority and urgent repairs that have been identified
at local schools; and
WHEREAS, the District has the lowest bond tax rate in the County because, while
neighboring communities have passed local bond measures for their schools more recently, the
District has not approved a school repair bond measure to upgrade local schools since 2005; and
WHEREAS, in developing a school repair bond measure, the District has assumed the
issuance of shorter term 20-year bond issues in order to reduce the interest costs payable on the
bonds and, therefore, reduce the property taxes paid by local taxpayers; and
WHEREAS, a school repair bond measure would require strict fiscal accountability
protections, including an independent oversight committee, annual audits, and public disclosure of
all spending to ensure funds are spent as promised; and
WHEREAS, 100% of funds from a school repair bond measure must remain under local
control to improve local schools only and, by law, no funds may be taken away by the State or
redirected to other school districts; and
WHEREAS, bond funds cannot be used for salaries or compensation for administrators or
teachers and no funds will be used for workforce housing or administrative buildings; and
WHEREAS, approval of a local school repair bond measure would help the District
qualify for millions in state matching funds that will otherwise go to repair schools in other
communities and the District can only access these state dollars if local matching funds are
available from a school repair bond measure; and
WHEREAS, the cost of the repairs identified at aging local schools is beyond what can be
generated by a school repair bond measure and the District has developed a list of high priority
projects that are urgent and important for protecting the safety of students, allowing schools to
remain functional, and to meet educational standards to support quality academic instruction; and
WHEREAS, a school repair bond measure must include a legally binding project list that
describes the projects that may be funded by the measure and no funds may be used for any other
purpose than the projects listed in the bond measure language; and
WHEREAS, the Board is authorized to order elections within the District and to designate
the specifications thereof, pursuant to Sections 5304 and 5322 of the California Education Code;
and
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4140-7358-0880. l 7
A-10
WHEREAS, the Board is specifically authorized to order elections for the purpose of
submitting to the electors the question of whether bonds of the District shall be issued and sold for
the purpose of raising money for the purposes authorized pursuant to California Education Code
Sections 15100 et seq.; and
WHEREAS, under paragraph (3) of subdivision (b) of Section 1 of Article XIIIA of the
Constitution of the State of California (the "California Constitution") and subdivision (b) of
Section 18 of Article XVI of the California Constitution, and Section 15266 of the California
Education Code , the Board is further authorized, pursuant to a two-thirds vote and subject to
Section 15100 of the California Education Code , to seek approval of bonds and levy an ad valorem
tax to repay those bonds upon a 55% vote of the voters of the District voting on the measure for
the purposes hereinafter specified, provided certain accountability requirements are included in
the measure, including (a) that the proceeds from the sale of the bonds be used only for the
purposes specified in Article XIIIA, Section 1 (b )(3) of the California Constitution, and not for any
other purpose, including teacher and administrator salaries and other school operating expenses,
(b) that a list of the specific school facilities projects to be funded be included and certification
that the Board has evaluated safety, class size reduction , and information technology needs in
developing that list, ( c) that the Board conduct an annual, independent performance audit to ensure
that the funds have been expended only on the specific projects listed , and (d) that the Board
conduct an annual , independent financial audit of the proceeds from the sale of the bonds until all
of those proceeds have been expended for the school facilities projects; and
WHEREAS, the Board deems it necessary and advisable to submit such a school repair
bond measure to the electors , which, if approved by at least 55% of the votes cast, would permit
the District to issue its bonds; and
WHEREAS, the Board has evaluated the facilities needs of the District to determine which
projects to finance from a local bond at this time; and
WHEREAS, in order to address the facilities needs of the District, the Board deems it
necessary and advisable to fund the specific school facilities projects listed under the heading
entitled "BOND PROJECT LIST" included in the full text of the school repair bond measure set
forth in Exhibit A attached hereto (the "Bond Project List"); and
WHEREAS, the Board has determined that the projects listed on the Bond Project List are
authorized to be financed with bonds of the District under subsection (a) of Section 15100 of the
California Education Code and are for purposes specified in Article XIIIA , Section l(b)(3) of the
California Constitution, and not for any other purpose, including teacher and administrator salaries
and other school operating expenses; and
WHEREAS, in accordance with paragraph (3) of subdivision (b) of Section 1 of Article
XIIIA of the California Constitution, and as provided in the full text of the school repair bond
measure, the Board has evaluated safety, class size reduction and information technology needs in
de v eloping the Bond Project List; and
WHEREAS, in accordance with paragraph (3) of subdivision (b) of Section I of Article
XIIIA of the California Constitution, and as provided in the full text of the school repair bond
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4140-7358-0880. I 7
A-11
measure, annual, independent performance and financial audits shall be required as part of the
school repair bond measure; and
WHEREAS, pursuant to Section 15278 of the California Education Code, if a school
repair bond measure is authorized in accordance with paragraph (3) of subdivision (b) of Section 1
of Article XIIIA of the California Constitution and subdivision (b) of Section 18 of Article XVI
of the California Constitution, the Board must establish and appoint m embers to an independent
citizens' oversight committee to ensure that (a) bond revenues are expended only for the purposes
specified in Article XIIIA , Section I (b )(3) of the California Constitution, and (b) that no funds are
used for any teacher or administrative salaries or other school operating expenses; and
WHEREAS, in accordance with Section 15278 of the California Education Code, and as
provided in the full text of the school repair bond measure, an independent citizens' oversight
committee shall be required as part of the school repair bond measure; and
WHEREAS, a bond election authorized pursuant to paragraph (3) of subdivision (b) of
Section I of Article XIIIA of the California Constitution and subdivision (b) of Section 18 of
Article XVI of the California Constitution, must be conducted concurrent with a statewide primary
election, general election or special election, or at a regularly scheduled local election at which all
of the electors of the District are entitled to vote, as required by Section 15266 of the California
Education Code; and
WHEREAS, on November 5, 2024, a statewide general election is scheduled to be
conducted throughout the District; and
WHEREAS, subsection ( c) of Section 15100 of the California Education Code provides
that, before the Board may order an election pursuant to California Education Code Sections 15100
et seq., it shall obtain reasonable and infonned projections of assessed property valuations that
take into consideration projections of assess ed property valuations made by the county assessor;
and
WHEREAS, although the County Assessor does not make projections of assessed property
valuations beyond the next succeeding tax year, the Board has been presented with projections of
assessed property valuations of the property within the boundaries of the District in connection
with developing the school repair bond measure that take into consideration, among other things,
the long-term historical average growth rates of assessed property valuations of the property within
the boundaries of the District and the Board finds those projections to be reasonable and informed;
and
WHEREAS, the Board has determined that, based upon such projections of assessed
property valuation, if approved by voters, the tax rate levied to meet the debt service requirements
of the bonds proposed to be issued will not exc eed the maximum tax rate permitted by Section
15270 of the California Education Code; and
WHEREAS, Section 9400 et seq . of the California Elections Code requires that a tax
information statement be contained in all official materials, including any voter information guide
prepared, sponsored or distributed by the Di strict , relating to the election ; and
4
4140-7358-0880 . l 7
A-12
WHEREAS, the Board now desires to authorize the filing of a ballot argument in favor of
the school repair bond measure to be submitted to the voters at the election ; and
WHEREAS, the District expects to pay certain expenditures (the "Reimbursement
Expenditures") in connection with the projects listed in the Bond Project List prior to financing
the costs associated with such projects on a long-term basis; and
WHEREAS, the District reasonably expects that certain of the proceeds of the bonds
proposed to be issued under the school repair bond measure , if approved by voters, will be used to
reimburse the Reimbursement Expenditures; and
WHEREAS, Section 1.150-2 of the Treasury Regulations requires the District to declare
its reasonable official intent to reimburse prior expenditures for the projects listed in the Bond
Project List with proc eeds of a subsequent borrowing; and
WHEREAS, if any project to be funded by the bonds will require State of California
matching grant funds for any phase, the sample ballot must contain a statement, in the form
prescribed by law, ad vising the voters that such project is subject to the approval of State matching
funds and, therefore , passage of the bond measure is not a guarantee that the project will be
completed, and the Board finds that completion of all or a portion of the projects listed in the Bond
Project List will require State matching grant funds for one or more phases thereof;
NOW, THEREFORE, be it resolved, determined and ordered by the Board of Education
of the Palos Verdes Peninsula Unified School District as follows:
Section 1. Recitals. All of the above recitals are true and correct.
Section 2. Specifications of Election Order; Required Certification. Pursuant to
California Education Code Sections 5304, 5322 , 15100 et seq., and 15266 , and paragraph (3) of
subdivision (b) of Section 1 of Article XIIIA of the California Constitution and subdivision (b) of
Section 18 of Article XVI of the California Constitution, a special election shall be held within the
boundaries of the District on November 5, 2024, for the purpose of submitting to the registered
voters of the District the bond measure contained in Exhibit A attached hereto and incorporated
herein. In accordance with paragraph (3) of subdivision (b) of Section 1 of Article XIIIA of the
California Constitution, and as provided in the full text of the bond measure, the Board hereby
certifies that it has evaluated safety, class size reduction and information technology needs in
developing the Bond Project List.
Section 3. Conduct of Election. (a) Request to County Offi ce rs . Pursuant to Section
5303 of the California Education Code, the Registrar of Voters of the County (the "Registrar of
Voters") is required to , and is hereby requested to , take all steps to hold the election in accordance
with law and these specifications.
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4140-7358-0880.l 7
A-13
(b) Abbreviation of Measure. Pursuant to Sections 13119 and 1324 7 of the California
Elections Code and Sections 5322 and 15122 of the California Education Code, the Board hereby
directs the Registrar of Voters to use the following statement of the bond measure on the ballot:
"Palos Verdes Peninsula Unified School District Classroom
Repair/Student Safety Measure. To repair/renovate outdated
classrooms/labs/schools for quality education, repair/replace leaky
roofs , failing electrical systems , deteriorating plumbing/sewer/gas
lines, and make earthquake/fire safety/campus security
improvements, shall Palos Verdes Peninsula Unified School
District's measure be adopted authorizing $297,800,000 in bonds,
at legal rates, levying approximately $29.49 per $100,000 assessed
value ($16,800,000 annually) while bonds are outstanding, with
independent oversight/audits, no money for administrator salaries,
and all funds locally controlled?"
( c) Voter Information Guide. The Registrar of Voters is hereby requested to reprint
the full text of the bond measure as set forth in Exhibit A in its entirety in the voter information
guide to be distributed to voters.
(d) State Matching Funds. The District hereby requests that the Registrar of Voters
include the following statement in the sample ballot, pursuant to Section 15122.5 of the California
Education Code:
"Approval of Measure _ does not guarantee that the proposed
project or projects in the Palos Verdes Peninsula Unified School
District that are the subject of bonds under Measure_ will be
funded beyond the local revenues generated by Measure _. The
District's proposal for the project or projects may assume the
receipt of matching State funds, which could be subject to
appropriation by the Legislature or approval of a statewide bond
measure. "
(e) Consolidation Requirement. Pursuant to Section 15266(a) of the California Education
Code, the election shall be consolidated with the statewide general election on November 5, 2024,
and pursuant to California Education Code Section 5342 and Part 3 ( commencing with Section
10400) of Division 10 of the California Elections Code, the Registrar of Voters and the Board of
Supervisors of the County are hereby requested to order consolidation of the election with such
other elections as may be held on the same day in the same territory or in territory that is in part
the same. The District hereby acknowledges that the consolidated election will be held and
conducted in the manner prescribed by Section 10418 of the California Elections Code.
(t) Canvass of Results. The Board of Supervisors of the County is authorized and
requested to canvass the returns of the election, pursuant to Section 10411 of the California
Elections Code .
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4140-7358-0880.l 7
A-14
(g) Required Vote. Pursuant to Section 18 of Article XVI and Section 1 of
Article XIIIA of the California Constitution, the bond measure shall become effective upon the
affirmative vote of at least 55% of the voters of the District voting on the measure.
(h) Election Costs. The District shall pay all costs of the election approved by the
Board of Supervisors of the County pursuant to California Education Code Section 5421.
Section 4. Deliverv of Order of Election to County Officers. The Clerk of the Board
of the District is hereby directed to cause to be filed as soon as practicable , and in any event no
later than August 9, 2024 (which date is not fewer than 88 days prior to the date set for the election),
one copy of this Resolution to the Registrar of Voters, including the tax information statement
attached hereto as Exhibit B, containing the information required by California Elections Code
Section 9400 et seq ., completed and signed by the Superintendent of the District, with such
technical corrections or additions as deemed necessary by the Superintendent of the District, and
shall file a copy of this Resolution with the Clerk of the Board of Supervisors of the County. With
respect to the tax information statement attached hereto as Exhibit B, the Board hereby adopts the
procedures set forth in California Elections Code Section 9405 .
Section 5. Ballot Arguments. The President of the Board, or any member or members
of the Board as the President shall designate, are hereby authorized, but not directed, to prepare
and file with the Registrar of Voters a ballot argument in favor of the bond measure and a rebuttal
argument to the argument against the bond measure, if any, within the time established by the
Registrar of Voters , which shall be considered the official ballot argument of the Board as sponsor
of the bond measure.
Section 6. Declaration of Official Intent to Reimburse. The District hereby declares
its official intent to use proceeds of the bonds proposed to be issued under the bond measure to
reimburse itself for Reimbursement Expenditures . This declaration is made solely for purposes of
establishing compliance with the requirements of Section 1.150-2 of the Treasury Regulations .
This declaration does not bind the District to make any expenditure, incur any indebtedness, or
proceed with the projects listed in the Bond Project List.
Section 7. Further Authorization. The members of the Board, the Superintendent of
the District, and all other officers of the District are hereby authorized and directed, individually
and collectively, to do any and all things that they deem necessary or advisable in order to
effectuate the purposes of this resolution in accordance with the terms hereof and of applicable
provisions of law.
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4140-7358-0880.1 7
A-15
Section 8. Effective Date. This Resolution shall take effect upon its adoption by the
Board pursuant to a two-thirds vote.
PASSED AND ADOPTED this day, June 26, 2024, by the following vote:
AYES: <;.
NOES: 0
ABSTAIN: 0
ABSENT: 0
Attest:
Clerk of the Board of Education of the
APPROVED:
President of the Board of Education of the Palos
Verdes Peninsula Unified School District
Palos Verdes Peninsula Unified School District
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4140-7358-0880.l 7
A-16
EXHIBIT A
FULL TEXT OF BOND .MEASURE
PALOS VERDES PENINSULA UNIFIED SCHOOL DISTRICT
CLASSROOM REPAIR/STUDENT SAFETY MEASURE
This measure may be known and referred to as the "Palos Verdes Peninsula Unified School
District Classroom Repair/Student Safety Measure" or as "Measure " [designation to be
assigned by County Registrar of Voters}
KEY FINDINGS
• The Palos Verdes Peninsula Unified School District (the "District"), located in the
County of Los Angeles (the "County"), serves approximately l l,000 students in the
four cities and unincorporated area on the Palos Verdes Peninsula.
• Students receive a high quality and rigorous education at two early childhood education
centers, ten elementary schools, three intermediate schools, two comprehensive high
schools, one continuation school, and one distance learning academy.
• Thanks to hardworking students, parents, teachers and staff, the District ranks among
the top school districts at the local, state, and national levels.
• The average age of District schools is nearly 60 years old, and while maintained within
limited budgets, aging classrooms, science labs and school facilities need urgent
repairs.
• Leaky roofs and failing infrastructure, including faulty and failing electrical, plumbing,
sewer, gas, heating and cooling systems, urgently need to be repaired or replaced.
• Earthquake safety, fire safety and campus security improvements are needed to keep
students safe.
• Most classrooms, labs, and educational facilities were built decades ago for a different
era of education and repairs are needed to meet current instructional standards, provide
access to learning technology, and support advanced instruction in all subjects,
including science, technology, engineering, math and arts.
• The District has partnered with architects, school facilities experts, parents, teachers,
staff, students, and the community to conduct a thorough assessment and prioritization
of needed projects at each school campus.
• Because the State does not provide dedicated funding for school facility work, the
District lacks a funding source for identified urgent repairs.
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4140-7358-0880. I 7 A-17
• The Board of Education of the District (the "Board") believes that locally controlled
funding from a school repair bond measure is needed to complete urgent repairs and
safety improvements.
• Funds from a school repair bond measure would be used to repair aging classrooms,
and fix failing infrastructure, including leaky roofs, deteriorating plumbing, sewers and
gas lines, outdated heating and cooling systems, and inadequate electrical systems, and
to improve earthquake and fire safety at our District schools.
• The last District school repair bond measures to fund repairs and upgrades at local
schools were approved almost 20 years ago, funds from those measures were expended
long ago, and the District does not have a funding source to address high priority and
urgent repairs that have been identified at local schools.
• The District has the lowest bond tax rate in the County because, while neighboring
communities have passed local bond measures for their schools more recently, the
District has not approved a school repair bond measure to upgrade local schools since
2005.
• In developing a school repair bond measure, the District has assumed the issuance of
shorter term 20-year bond issues in order to reduce the interest costs payable on the
bonds and, therefore, reduce the property taxes paid by local taxpayers.
• A school repair bond measure would require strict fiscal accountability protections,
including an independent oversight committee, annual audits, and public disclosure of
all spending to ensure funds are spent as promised.
• 100% of funds from a school repair bond measure must remain under local control to
improve local schools only and, by law, no funds may be taken away by the State or
redirected to other school districts.
• Bond funds cannot be used for salaries or compensation for administrators or teachers,
and no funds will be used for workforce housing or administrative buildings.
• Approval of a local school repair bond measure would help the District qualify for
millions in state matching funds that will otherwise go to repair schools in other
communities and the District can only access these state dollars iflocal matching funds
are available from a school repair bond measure.
• The cost of the repairs identified at aging local schools is beyond what can be generated
by a school repair bond measure and the District has developed a list of high priority
projects that are urgent and important for protecting the safety of students, allowing
schools to remain functional, and to meet educational standards to support quality
academic instruction.
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4140-7358-0880.17 A-18
• A school repair bond measure must include a legally binding project list that describes
the projects that may be funded by the measure and no funds may be used for any other
purpose than the projects listed in the bond measure language.
BOND AUTHORIZATION
By approval of this school repair bond measure by at least 55% of the voters of the District
voting on the measure, the District shall be authorized to issue and sell bonds of up to $297,800,000
in aggregate principal amount to provide financing for the specific school facilities projects listed
under the heading entitled "BOND PROJECT LIST" below (the "Bond Project List"), and allow
the district to qualify to receive potential State of California matching grant funds, subject to all of
the accountability safeguards specified below.
ACCOUNT ABILITY SAFEGUARDS
The provisions in this section are specifically included in this measure in order that the
voters and taxpayers of the District may be assured that their money will be spent to address
specific school facilities needs of the District, all in compliance with the requirements of Article
XlUA, Section 1 (b )(3) of the Constitution of the State of California (the "California Constitution"),
and the Strict Accountability in Local School Construction Bonds Act of 2000 ( codified at Sections
15264 and following of the California Education Code).
Evaluation of Needs. The Board of Education of the District (the "Board") has evaluated
the facilities needs of the District to determine which projects to finance from a local bond at this
time. To address the facilities needs of the District, the Board deems it necessary and advisable to
fund the specific school facilities projects listed in the Bond Project List. The Board hereby
certifies that it has evaluated safety, class size reduction and information technology needs in
developing the Bond Project List.
Limitations on Use of Bonds. Proceeds from the sale of bonds authorized by this measure
shall be used only for the construction, reconstruction, rehabilitation, or replacement of school
facilities, including the furnishing and equipping of school facilities, or the acquisition or lease of
real property for school facilities, and not for any other purpose, including teacher and
administrator salaries and other school operating expenses. More specifically, the Bond Project
List provides for the specific projects the District proposes to finance with proceeds from the sale
of bonds authorized by this measure and such proceeds shall be applied only to those specific
purposes.
No Workforce Housing or Administrative Facility Projects. Proceeds from the sale of
bonds authorized by this measure shall be used only for the specific projects contained in the Bond
Project List. In this regard, the Bond Project List does not authorize, and shall not be interpreted
to authorize, expending proceeds of the sale of bonds authorized by this measure for workforce
housing or administrative facilities.
Independent Citizens' Oversight Committee . In accordance with and pursuant to
California Education Code Section 15278 et seq ., the Board shall establish an independent citizens'
oversight committee, within 60 days of the date that the Board enters the election results on its
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4140-7358-0880.17 A-19
minutes pursuant to Section 15274 of the California Education Code, to ensure that (a) bond
revenues are expended only for the purposes specified in Article XIIIA, Section 1 (b )(3) of the
California Constitution, and (b) that no funds are used for any teacher or administrative salaries or
other school operating expenses. In accordance with Section 15282 of the California Education
Code, the citizens' oversight committee shall consist of at least seven members and shall include
a member active in a business organization representing the business community located within
the District, a member active in a senior citizens' organization, a member active in a bona fide
taxpayers' organization, a member that is a parent or guardian of a child enrolled in the District,
and a member that is both a parent or guardian of a child enrolled in the District and active in a
parent-teacher organization . The committee may be comprised of the same members of the
citizens' oversight committees for other District bond measures. No employee or official of the
District and no vendor, contractor or consultant of the District shall be appointed to the citizens'
oversight committee.
Annual Performance Audits. In compliance with the requirements of Article XIIIA,
Section 1 (b )(3 )(C) of the California Constitution, and the Strict Accountability in Local School
Construction Bonds Act of 2000, the Board shall conduct an annual, independent performance
audit to ensure that the proceeds from the sale of bonds authorized by this measure have been
expended only on the school facilities projects listed in the Bond Project List. These audits shall
be conducted in accordance with the Government Auditing Standards issued by the Comptroller
General of the United States for performance audits. The results of these audits shall be made
publicly available and shall be submitted to the citizens' oversight committee in accordance with
Section 15286 of the California Education Code.
Annual Financial Audits. In compliance with the requirements of Article XIIIA, Section
l(b)(3)(D) of the California Constitution, and the Strict Accountability in Local School
Construction Bonds Act of 2000, the Board shall conduct an annual, independent financial audit
of the proceeds from the sale of bonds authorized by this measure until all of those proceeds have
been spent for the school facilities projects listed in the Bond Project List. These audits shall be
conducted in accordance with the Government Auditing Standards issued by the Comptroller
General of the United States for financial audits. The results of these audits shall be made publicly
available and shall be submitted to the citizens' oversight committee in accordance with Section
15286 of the California Education Code.
Special Bond Proceeds Account; Annual Report to Board. In compliance with the
requirements of California Government Code Section 53410 and following, upon approval of this
measure and the sale of any bonds approved, the Board shall take actions necessary to establish an
account in which proceeds of the sale of bonds authorized by this measure shall be deposited. In
compliance with the requirements of California Government Code Section 53411, as long as any
proceeds of the bonds remain unexpended, the chief fiscal officer of the District shall cause a report
to be filed with the Board at least once a year, stating (a) the amount of funds collected and
expended in that year, and (b) the status of any project required or authorized to be funded from
bond proceeds . The report may relate to the calendar year, fiscal year, or other appropriate annual
period as the chief fiscal officer of the District shall determine, and may be incorporated into the
annual budget, audit, or other appropriate routine report to the Board.
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4140-7358-0880. l 7 A-20
Other Accountability Safeguards. To the extent doing so is not prohibited by law
(including the doctrines of legislative entrenchment and the single subject rule) and does not
eliminate any eligibility for potential State or federal funding or financial assistance, the District
hereby agrees to the following further accountability safeguards:
(a) Competitive Bidding. To award construction contracts related to the specific
school facilities projects listed on the Bond Project List and funded with proceeds of bonds
authorized by this measure pursuant to a sealed competitive bid process with prequalified bidders,
as required by existing law.
(b) Ongoing Maintenance. To commit a minimum amount equal to or greater than
3% of total general fund expenditures ( excluding State of California non-employer contributions
to the California State Teachers' Retirement System on-behalf of the District) for ongoing and
major maintenance of school buildings, consistent with existing law, while bonds authorized by
this measure are outstanding.
(c) Bond Maturity and Economic Life of Projects. To structure each bond issue
authorized by this measure to mature in compliance with Section 147(b) of the Internal Revenue
Code ( or any successor thereto), which limits the length of the term of bonds relative to the
economic useful life of financed projects.
( d) Expenditure Limit on Soft Cost. To limit the use of bond proceeds spent on soft
costs (i.e., architectural, engineering, surveying, soil testing, costs of issuing bonds, and similar
costs and fees paid with respect to a project) from each issue of bonds authorized by this measure
to not more than 33% of the bond proceeds of such bond issue and to pay costs in excess of such
33% from sources other than bond proceeds; provided, however, that to the extent any unforeseen
circumstances should arise with respect to a project causing the aggregate soft costs of such bond
issue to rise ( e.g., unforeseen site conditions or other circumstances necessitating design
modifications or site remediation, unexpected requirements of or delays by the Division of the
State Architect, other needed design changes caused by unexpected circumstances or requirements,
or contractual or other disputes), the District may expend bond proceeds of such bond issue in
excess of such 33% if the Board determines such costs were not foreseeable and could not be
avoided.
(e) Board-Established Project Priority Guiding Principles. To cause the specific
projects on the Bond Project List to be undertaken in a manner that balances the following guiding
principles (the "Board-Established Project Priority Guiding Principles"): (i) projects involving (A)
the repair and replacement of utilities, (B) infrastructure improvements, and (C) seismic integrity
of school facilities shall be prioritized subject to the consideration of guiding principles (ii) and
(iii); (ii) project sequencing shall optimize resource allocation, minimize disruptions, and
maximize efficiency; and (iii) project timelines shall take into account design, approval,
construction and other critical path requirements, project dependencies, efficiencies and
practicalities, scheduling constraints, seasonal considerations, and critical milestones.
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4140-7358-0880.17 A-21
FURTHER SPECIFICATIONS
Single Purpose. All of the purposes enumerated in this measure shall be united and voted
upon as one single measure, pursuant to California Education Code Section 15100, and all the
enumerated purposes shall constitute the specific single purpose of the bonds, and the proceeds
from the sale of bonds authorized by this measure shall be spent only for such purpose, pursuant
to California Government Code Section 53410.
Other Terms of the Bonds . When sold, the bonds shall bear interest at an annual rate not
exceeding the statutory maximum, and that interest shall be made payable at the time or times
permitted by law. The bonds may be issued and sold in several series, and no bond shall be made
to mature more than the statutory maximum number of years from the date borne by that bond .
BOND PROJECT LIST
The Bond Project List below lists the specific projects the District proposes to finance with
proceeds of the bonds. The Bond Project List shall be considered a part of this bond measure and
shall be reproduced in any official document required to contain the full statement of the bond
measure. Listed projects will be completed as needed at a particular school or school facility site
according to the Board-Established Project Priority Guiding Principles set forth herein, and the
order in which such projects appear on the Bond Project List is not an indication of priority for
funding or completion. In so far as permitted by law, each project is assumed to include its share
of costs of the election and bond issuance, construction-related costs, such as project and
construction management, architectural, engineering, permitting and entitlements, inspection and
similar planning and testing costs, demolition and interim facility costs, legal, accounting and
similar fees, costs related to the independent annual financial and performance audits, a
contingency for unforeseen design and construction costs, and other costs incidental to or
necessary for completion of the listed projects (whether the related work is performed by the
District or third parties). The final cost of each project will be determined as plans are finalized,
construction bids are awarded, and projects are completed. In addition, certain project funds
expected from non-local bond sources , including State of California grant funds for eligible
projects, have not yet been secured. Therefore, the Board cannot guarantee that the bond proceeds
will provide sufficient funds to allow completion of all listed projects . Alternatively, if the District
obtains unexpected funds from non-local bond sources with respect to listed projects , such projects
may be enhanced, supplemented or expanded to the extent of such funds. Some projects may be
subject to further government approvals, including by State officials and boards and/or local
environmental or agency approval. Inclusion of a project on the Bond Project List is not a
guarantee that the project will be completed (regardless of whether bond funds are available).
The specific projects authorized to be financed with proceeds from the sale of bonds
authorized by this measure are as follows :
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4140-7358-0880.1 7 A-22
EARLY EDUCATION CENTER AND ELEMENTARY SCHOOL PROJECTS
The following projects are authorized to be financed at the following school facilities sites within
the District:
Miraleste Early Learning Academy
(Oricinally built in 1929)
• Replace or repair site utilities (gas, water, sewer, storm drain) -may be eligible for additional School
Facility Program funding.
• Add and/or replace ventilation (HV AC) systems as needed.
• Replace play structures and surfaces.
• Repair or replace roofs where needed.
• Remodel restrooms with new finishes and water conservation fixtures, Americans with Disabilities
Act ("ADA") compliant.
• Improve stonn water drainage.
• Replace windows to improve, among other things, energy efficiency, safety, and security.
Valmonte Sunrise Early Learning Academy
(Oril!inallv built in 1950)
• Replace or repair site utilities (gas, water, sewer, storm drain) -may be eligible for additional School
Facility Program jimding.
• Add and/or replace ventilation (HV AC) systems as needed.
• Replace play structures and surfaces .
• Repair or replace roofs where needed .
• Remodel restrooms with new finishes and water conservation fixtures, ADA compliant.
• Improve storm water drainage.
• Replace windows to improve, among other things, energy efficiency, safety, and security.
Cornerstone School At Pedregal
(Oricinally built in 1961)
• Replace or repair site utilities (gas, water, sewer, storm drain) -may be eligible for additional School
Facility Programfunding.
• Upgrade electrical service & distribution system and make alarm and camera improvements, for,
among other things, site fire safety and campus security .
• Replace or repair flooring, wall finishes, ceiling finishes, casework.
• Repair or replace roofs where needed .
• Replace windows to improve, among other things, energy efficiency, safety, and security.
• Make site access improvements for, among other things, safety, security, and ADA compliance,
including, but not limited to, sloped surface, ramp, railing, door hardware, and perimeter fencing
improvements.
• Remodel restrooms with new finishes and water conservation fixtures, ADA compliant.
• Replace light fixtures to improve, among other things, energy efficiency, safety, and security .
• Repair or replace asphalt, concrete, and paving where needed to improve, among other things,
safety, and security.
• Add and/or replace ventilation (HV AC) systems as needed.
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4140-7358-0880. I 7 A-23
• Replace play structures and surfaces.
• Construct additional transitional kindergarten (TK) restrooms.
Dapplegray Elementary
(Orieinally built in 1955)
• Construct new access road through campus with additional parking and drop-off.
• Replace or repair site utilities (gas, water, sewer, storm drain) -may be eligible for additional School
Facility Program funding.
• Upgrade electrical service & distribution system and make alarm and camera improvements, for,
among other things, site fire safety and campus security.
• Replace or repair flooring, wall finishes, ceiling finishes, casework .
• Repair or replace roofs where needed.
• Replace windows to improve, among other things, energy efficiency, safety, and security.
• Make site access improvements for, among other things, safety , security, and ADA compliance,
including, but not limited to, sloped surface, ramp, railing, door hardware, and perimeter fencing
improvements.
• Remodel restrooms with new finishes and water conservation fixtures, ADA compliant.
• Replace light fixtures to improve, among other things, energy efficiency, safety, and security.
• Repair or replace asphalt, concrete, and paving where needed to improve, among other things,
safety, and security.
• Add and/or replace ventilation (HV AC) systems as needed.
• Replace play structures and surfaces .
• Construct additional transitional kindergarten (TK) restrooms.
Lunada Bay Elementary
(Orieinally built in 1957)
• Replace or repair site utilities (gas, water, sewer, storm drain) -may be eligible for additional School
Facility Program funding.
• Upgrade electrical service & distribution system and make alarm and camera improvements, for,
among other things, site fire safety and campus security.
• Replace or repair flooring, wall finishes, ceiling finishes, casework .
• Repair or replace roofs where needed.
• Replace windows to improve, among other things, energy efficiency, safety, and security.
• Make site access improvements for, among other things, safety, security, and ADA compliance,
including, but not limited to, sloped surface, ramp, railing, door hardware, and perimeter fencing
improvements.
• Remodel restrooms with new finishes and water conservation fixtures, ADA compliant.
• Replace light fixtures to improve, among other things, energy efficiency, safety, and security.
• Repair or replace asphalt, concrete, and paving where needed to improve, among other things,
safety, and security.
• Add and/or replace ventilation (HV AC) systems as needed.
• Construct additional transitional kindergarten (TK) restrooms.
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4140-7358-0880.17 A-24
Mira Catalina Elementary
(Orieinally built in 1963)
• Replace or repair site utilities (gas, water, sewer, storm drain) -may be eligible for additional School
Facility Program fimding.
• Upgrade electrical service & distribution system and make alarm and camera improvements, for,
among other things, site fire safety and campus security.
• Replace or repair flooring, wall finishes, ceiling finishes, casework.
• Repair or replace roofs where needed.
• Replace windows to improve, among other things, energy efficiency, safety, and security.
• Make site access improvements for, among other things, safety, security, and ADA compliance,
including, but not limited to, sloped surface, ramp, railing, door hardware, and perimeter fencing
improvements.
• Remodel restrooms with new finishes and water conservation fixtures, ADA compliant.
• Replace light fixtures to improve, among other things, energy efficiency, safety, and security.
• Repair or replace asphalt, concrete, and paving where needed to improve, among other things,
safety, and security.
• Add and/or replace ventilation (HV AC) systems as needed.
• Replace play structures and surfaces.
• Construct additional transitional kindergarten (TK) restrooms.
Montemalaga Elementary
(Ori!!inally built in 1960)
• Replace or repair site utilities (gas, water, sewer, storm drain) -may be eligible for additional School
Facility Program funding.
• Upgrade electrical service & distribution system and make alarm and camera improvements, for,
among other things, site fire safety and campus security.
• Replace or repair flooring, wall finishes, ceiling finishes, casework.
• Repair or replace roofs where needed.
• Replace windows to improve, among other things, energy efficiency, safety, and security.
• Make site access improvements for, among other things, safety, security, and ADA compliance,
including, but not limited to, sloped surface, ramp, railing, door hardware, and perimeter fencing
improvements.
• Remodel restrooms with new finishes and water conservation fixtures, ADA compliant.
• Replace light fixtures to improve, among other things, energy efficiency, safety, and security.
• Repair or replace asphalt, concrete, and paving where needed to improve, among other things,
safety, and security.
• Add and/or replace ventilation (HV AC) systems as needed.
• Replace play structures and surfaces.
• Construct additional transitional kindergarten (TK) restrooms.
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4140-7358-0880.17 A-25
Point Vicente Elementary
(Orieinally built in 1962)
• Replace or repair site utilities (gas, water, sewer, storm drain) -may be eligible for additional School
Facility Program funding.
• Replace or repair flooring, wall finishes, ceiling finishes, casework.
• Repair or replace roofs where needed.
• Replace windows to improve , among other things, energy efficiency, safety , and security.
• Make site access improvements for, among other things, safety, security, and ADA compliance,
including, but not limited to, sloped surface, ramp, railing, door hardware, and perimeter fencing
improvements.
• Remodel restrooms with new finishes and water conservation fixtures, ADA compliant.
• Replace light fixtures to improve, among other things, energy efficiency, safety, and security.
• Repair or replace asphalt, concrete, and paving where needed to improve, among other things,
safety, and security .
• Replace play structures and surfaces.
• Construct additional transitional kindergarten (TK) restrooms.
Rancho Vista Elementary
(Ori!!inally built in 1961)
• Replace or repair site utilities (gas, water, sewer, storm drain) -may be eligible for additional School
Facility Program funding.
• Upgrade electrical service & distribution system and make alarm and camera improvements, for,
among other things, site fire safety and campus security.
• Replace or repair flooring, wall finishes, ceiling finishes, casework.
• Repair or replace roofs where needed.
• Replace windows to improve, among other things, energy efficiency, safety, and security.
• Make site access improvements for, among other things, safety, security, and ADA compliance,
including, but not limited to, sloped surface, ramp, railing, door hardware, and perimeter fencing
improvements.
• Remodel restrooms with new finishes and water conservation fixtures, ADA compliant.
• Replace light fixtures to improve, among other things, energy efficiency, safety, and security.
• Repair or replace asphalt, concrete , and paving where needed to improve, among other things,
safety, and security.
• Add and/or replace ventilation (HV AC) systems as needed.
• Replace play structures and surfaces.
• Construct additional transitional kindergarten (TK) restrooms.
Silver Spur Elementary
(Orie:inally built in 1967)
• Replace or repair site utilities (gas, water, sewer, storm drain) -may be eligible for additional School
Facility Program funding .
• Upgrade electrical service & distribution system and make alarm and camera improvements , for ,
among other things, site fire safety and campus security.
A-10
4140-7358-0880.1 7 A-26
• Replace or repair flooring, wall finishes, ceiling finishes, casework.
• Repair or replace roofs where needed .
• Replace windows to improve, among other things, energy efficiency, safety, and security.
• Make site access improvements for, among other things, safety, security, and ADA compliance,
including, but not limited to, sloped surface, ramp, railing, door hardware, and perimeter fencing
improvements.
• Remodel restrooms with new finishes and water conservation fixtures, ADA compliant.
• Replace light fixtures to improve, among other things, energy efficiency, safety, and security.
• Repair or replace asphalt, concrete , and paving where needed to improve, among other things,
safety, and security.
• Add and/or replace ventilation (HV AC) systems as needed.
• Replace play structures and surfaces.
• Construct additional transitional kindergarten (TK) restrooms.
Soleado Elementary
(Orieinally built in 1968)
• Replace or repair site utilities (gas, water, sewer, storm drain) -may be eligible for additional School
Facility Program funding.
• Upgrade electrical service & distribution system and make alarm and camera improvements, for,
among other things, site fire safety and campus security.
• Replace or repair flooring, wall finishes, ceiling finishes, casework.
• Repair or replace roofs where needed .
• Replace windows to improve, among other things, energy efficiency, safety, and security.
• Make site access improvements for, among other things, safety, security, and ADA compliance,
including, but not limited to, sloped surface, ramp, railing, door hardware, and perimeter fencing
improvements.
• Remodel restrooms with new finishes and water conservation fixtures, ADA compliant.
• Replace light fixtures to improve, among other things, energy efficiency, safety, and security.
• Repair or replace asphalt, concrete, and paving where needed to improve, among other things,
safety, and security.
• Add and/or replace ventilation (HVAC) systems as needed.
• Replace play structures and surfaces.
• Construct additional transitional kindergarten (TK) restrooms.
Vista Grande Elementary
(Orii?inallv built in 1965)
• Replace or repair site utilities (gas, water, sewer, storm drain) -may be eligible for additional School
Facility Program funding.
• Upgrade electrical service & distribution system and make alarm and camera improvements, for ,
among other things, site fire safety and campus security .
• Replace or repair flooring, wall finishes, ceiling finishes, casework.
• Repair or replace roofs where needed.
A-11
4140-7358-0880.1 7 A-27
• Replace windows to improve, among other things, energy efficiency, safety, and security.
• Make site access improvements for, among other things, safety, security, and ADA compliance,
including, but not limited to, sloped surface, ramp, railing, door hardware, and perimeter fencing
improvements.
• Remodel restrooms with new finishes and water conservation fixtures, ADA compliant.
• Replace light fixtures to improve, among other things, energy efficiency, safety, and security.
• Repair or replace asphalt, concrete, and paving where needed to improve, among other things,
safety, and security.
• Add and /or replace ventilation (HV AC) systems as needed.
• Replace play structures and surfaces.
• Construct additional transitional kindergarten (TK) restrooms.
INTERMEDIATE SCHOOL PROJECTS
The following projects are authorized to be financed at the following school facilities sites within
the District:
Miraleste Intermediate
(Originally built in 1968)
• Replace or repair site utilities (gas, water, sewer, storm drain) -may be eligible for additional School
Facility Programfimding.
• Upgrade electrical service & distribution system and make alarm and camera improvements, for,
among other things, site fire safety and campus security.
• Seismically strengthen Library, Building H Shower and Locker Room Building -may be eligible
for additional School Facility Program funding.
• Replace or repair flooring, wall finishes, ceiling finishes, casework.
• Repair or replace roofs where needed.
• Replace windows to improve, among other things, energy efficiency, safety, and security.
• Make site access improvements for, among other things, safety, security, and ADA compliance,
including, but not limited to, sloped surface, ramp, railing, door hardware, and perimeter fencing
improvements.
• Remodel restrooms with new finishes and water conservation fixtures, ADA compliant.
• Replace light fixtures to improve, among other things, energy efficiency, safety, and security.
• Repair or replace asphalt, concrete, and paving where needed to improve, among other things,
safety, and security.
• Add and/or replace ventilation (HV AC) systems as needed.
• Repair or replace pool for health and safety of students and community.
Palos Verdes Intermediate
(Originally built in 1964)
• Replace or repair site utilities (gas, water, sewer, storm drain) -may be eligible for additional School
Facility Program funding.
• Upgrade electrical service & distribution system and make alarm and camera improvements, for,
among other things, site fire safety and campus security.
A-12
4140-7358-0880 . I 7 A-28
• Replace or repair wall finishes , ceiling finishes, casework.
• Repair or replace roofs where needed .
• Replace windows to improve, among other things, energy efficiency , safety, and security.
• Make site access improvements for, among other things , safety, security, and ADA compliance,
including, but not limited to, sloped surface, ramp, railing, door hardware, and perimeter fencing
improvements.
• Remodel restrooms with new finishes and water conservation fixtures, ADA compliant.
• Replace light fixtures to improve, among other things, energy efficiency, safety, and security .
• Repair or replace asphalt, concrete , and paving where needed to improve, among other things,
safety, and security.
• Add and/or replace ventilation (HV AC) systems as needed.
Ridgecrest Intermediate
(Originally built in 1966)
• Replace or repair site utilities (gas, water, sewer, storm drain) -may be eligible for additional School
Facility Program fimding.
• Upgrade electrical service & distribution system and make alarm and camera improvements, for,
among other things, site fire safety and campus security.
• Replace or repair flooring, wall finishes, ceiling finishes, casework.
• Repair or replace roofs where needed.
• Replace windows to improve, among other things, energy efficiency, safety, and security.
• Make site access improvements for, among other things, safety, security, and ADA compliance,
including , but not limited to, sloped surface, ramp, railing, door hardware, and perimeter fencing
improvements.
• Remodel restrooms with new finishes and water conservation fixtures, ADA compliant.
• Replace light fixtures to improve, among other things, energy efficiency, safety, and security.
• Repair or replace asphalt, concrete, and paving where needed to improve, among other things,
safety, and security.
• Add and/or replace ventilation (HY AC) systems as needed.
IDGH SCHOOL PROJECTS
The following projects are authorized to be financed at the following school facilities sites within
the District:
Palos Verdes High
(Originally built in 1962)
• Replace or repair site utilities (gas, water, sewer, storm drain) -may be eligible for additional School
Facility Program funding.
• Upgrade electrical service & distribution system and make alarm and camera improvements, for ,
among other things, site fire safety and campus security .
• Seismically strengthen Multi-Purpose building -may be eligible for additional School Facility
Program fimding.
• Replace or repair flooring, wall finishes, ceiling finishes, casework.
A-13
4140-7358-0880. I 7 A-29
• Repair or replace roofs where needed.
• Replace windows to improve, among other things, energy efficiency, safety, and security.
• Make site access improvements for, among other things, safety, security, and ADA compliance,
including, but not limited to, sloped surface, ramp, railing, door hardware, and perimeter fencing
improvements.
• Remodel restrooms with new finishes and water conservation fixtures, ADA compliant.
• Replace light fixtures to improve, among other things, energy efficiency, safety, and security.
• Repair or replace asphalt, concrete, and paving where needed to improve, among other things,
safety, and security.
• Add and/or replace ventilation (HV AC) systems as needed.
Palos Verdes Peninsula High
(Orbdnally built in 1963)
• Replace or repair site utilities (gas, water, sewer, storm drain) -may be eligible for additional School
Facility Program funding.
• Upgrade electrical service & distribution system and make alarm and camera improvements, for,
among other things, site fire safety and campus security.
• Seismically strengthen Library, Hawthorne, Silver Spur, and Lunch Shelter buildings -may be
eligible for additional School Facility Program funding.
• Replace or repair flooring, wall finishes, ceiling finishes, casework,
• Repair or replace roofs where needed.
• Replace windows to improve, among other things, energy efficiency, safety, and security.
• Make site access improvements for, among other things, safety, security, and ADA compliance,
including, but not limited to, sloped surface, ramp, railing, door hardware, and perimeter fencing
improvements.
• Remodel restrooms with new finishes and water conservation fixtures, ADA compliant.
• Replace light fixtures to improve, among other things, energy efficiency, safety, and security.
• Repair or replace asphalt, concrete, and paving where needed to improve, among other things,
safety, and security.
• Add and/or replace ventilation (HV AC) systems as needed.
Rancho del Mar High
(Originally built in 1961)
• Replace or repair site utilities (gas, water, sewer, storm drain) -may be eligible for additional School
Facility Program funding .
• Upgrade electrical service & distribution system and make alarm and camera improvements, for,
among other things, site fire safety and campus security.
• Replace or repair flooring, wall finishes, ceiling finishes, casework.
• Repair or replace roofs where needed.
• Replace windows to improve, among other things, energy efficiency, safety, and security.
A-14
4140-7358-0880.17 A-30
• Make site access improvements for, among other things, safety, security, and ADA compliance,
including, but not limited to, sloped surface, ramp, railing, door hardware, and perimeter fencing
improvements.
• Remodel restrooms with new finishes and water conservation fixtures, ADA compliant.
• Replace light fixtures to improve, among other things, energy efficiency, safety, and security.
• Repair or replace asphalt, concrete, and paving where needed to improve, among other things,
safety, and security.
• Add and/or replace ventilation (HV AC) systems as needed.
MISCELLANEOUS
All listed bond projects include the following as needed:
• Planning and designing necessary for listed bond projects.
• The inspection, sampling and analysis of grounds, buildings and building materials to determine the
presence of hazardous materials or substances, including asbestos, lead, etc., and the encapsulation,
removal, disposal and other remediation or control of such hazardous materials and substances.
• Seismic and historical evaluations, site surveys (including topographic, geological and utility
surveys), and infrastructure analyses.
• Necessary onsite and offsite preparation or restoration in connection with new construction,
renovation or remodeling, or installation or removal of relocatable buildings or other temporary
buildings, including demolition of structures; removing, replacing, or installing irrigation, drainage,
utility lines (gas, water, sewer, electrical, data and voice, etc.), trees and landscaping; and relocating
fire access roads or ingress/egress pathways.
• Address other unforeseen conditions revealed by construction, renovation or improvements
(including plumbing or gas line breaks, dry rot, seismic and structural deficiencies, etc.).
• Acquire or construct other improvements required to comply with building codes, including seismic
safety requirements, the Field Act, and access requirements.
• Acquisition of any rights-of-way, easements, licenses and/or real property made necessary by listed
bond projects, or lease of real property made necessary by the listed bond projects.
• Acquire or construct storage facilities and other space on an interim basis, as needed to accommodate
construction materials, equipment, and personnel.
• Furnishing and equipping of classrooms and other school facilities; furnishing and equipping shall
include initial purchases, and scheduled and necessary replacements, upgrades and updating of
technology .
• All other costs and work necessary or incidental to the listed bond projects.
PROJECTS INVOLVING RENOVATION,
REHABll,IT A TION OR REPAffi
For any project involving renovation, rehabilitation or repair of a building or the major portion of a
building (including seismic repairs), the District shall be authorized to proceed with new replacement
construction instead (including any necessary demolition) if the Board determines that replacement new
construction is more practical than renovation, rehabilitation or repair, considering the building's age,
condition, expected remaining life, comparative cost and other relevant factors.
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4140-7358-0880 .17 A-31
GENERAL PROVISIONS
Interpretation. The terms of this bond measure and the words used in the Bond Project
List shall be interpreted broadly to effect the purpose of providing broad and clear authority for
the officers and employees of the District to provide for the school facilities projects the District
proposes to finance with the proceeds of the sale of bonds authorized by this measure within the
authority provided by law, including Article XIIIA, Section 1 (b )(3) of the California Constitution,
California Education Code Section 15000 et seq. and the Strict Accountability in Local School
Construction Bonds Act of 2000. Without limiting the generality of the foregoing, such words as
repair, improve, upgrade, expand, renovate, and reconfigure are used in the Bond Project List to
describe school facilities projects in plain English and are not intended to expand the nature of
such projects beyond, or have an effect on, and shall be interpreted to only permit, what is
authorized under Article XIIIA, Section 1 (b )(3) of the California Constitution, California
Education Code Section 15000 et seq. and the Strict Accountability in Local School Construction
Bonds Act of 2000. In this regard, the Bond Project List does not authorize, and shall not be
interpreted to authorize, expending proceeds of the sale of bonds authorized by this measure for
current maintenance, operations or repairs. The school facilities projects on the Bond Project List
only authorize capital expenditures.
Estimated Ballot Information. The Board hereby declares, and the voters by approving
this bond measure concur, that the information included in the statement of the bond measure to
be voted on pursuant to Section 13119 of the California Elections Code is based upon the District's
projections and estimates only and is not binding upon the District. The amount of money to be
raised annually and the rate and duration of the tax to be levied for the bonds may vary from those
presently estimated due to variations from these estimates in the timing of bond sales, the amount
of bonds sold and market interest rates at the time of each sale, and actual assessed valuations over
the term of repayment of the bonds. The dates of sale and the amount of bonds sold at any given
time will be determined by the District based on need for project funds and other factors. The
actual interest rates at which the bonds will be sold will depend on the bond market at the time of
each sale. Actual future assessed valuation will depend upon the amount and value of taxable
property within the District as determined by the County Assessor in the annual assessment and
the equalization process.
Headings. The headings or titles of the sections of the bond measure, including any
headings or titles included in the Bond Project List, are solely for convenience of reference and
shall not affect the meaning, construction or effect of the bond measure.
SeverabiJity. The Board and the voters hereby declare that every portion, section,
subdivision, paragraph, clause, sentence, phrase, word, application and individual project
(individually referred to as "Part" and collectively as "Parts"), of this bond measure has
independent value, and the Board and the voters would have adopted each Part hereof regardless
of whether any other Part of this bond measure would be subsequently declared invalid. Upon
approval of this bond measure by the voters, should any Part of this bond measure be found by a
court of competent jurisdiction to be invalid for any reason, all remaining Parts hereof shall remain
in full force and effect to the fullest extent allowed by law, and to this end the Parts of this bond
measure are severable.
A-16
4 I 40-7358-0880 .17 A-32
EXHIBIT B
TAX INFORMATION STATEMENT
An election will be held in the Palos Verdes Peninsula Unified School District (the "District") on
November 5, 2024, to authorize the sale ofup to $297,800,000 in bonds of the District to finance school facilities
as described in the measure. If the bond measure is approved by at least 55% of the voters of the District voting
on the bond measure, the District expects to issue the bonds in multiple series over time. Principal and interest
on the bonds will be payable from the proceeds of tax levies made upon the taxable property in the District. The
following information is provided in compliance with Sections 9400 through 9405 of the California Elections
Code.
1. The best estimate of the average annual tax rate that would be required to be levied to fund
this bond issue over the entire duration of the bond debt service, based on assessed valuations
available at the time of filing of this statement, is $29.37 per $100,000 of assessed valuation. The
final fiscal year in which the tax to be levied to fund this bond issue is anticipated to be collected is
fiscal year 2050-51 .
2. The best estimate of the highest tax rate that would be required to be levied to fund this
bond issue, based on estimated assessed valuations available at the time of filing of this statement,
is $29 .49 per $100,000 of assessed valuation in fiscal year 2025-26 and such tax rate is expected to
continue through fiscal year 2048-49 .
3. The best estimate of the total debt service, including the principal and interest, that would
be required to be repaid if all of the bonds are issued and sold is approximately $455,300,000.
Voters should note that estimated tax rates are based on the ASSESSED VALUE of taxable property on
the County's official tax rolls, not on the property's market value, which could be more or less than the assessed
value . In addition, taxpayers eligible for a property tax exemption, such as the homeowner's exemption , will be
taxed at a lower effective tax rate than described above. Property owners should consult their own property tax
bills and tax advisors to determine their property's assessed value and any applicable tax exemptions.
Attention of all voters is directed to the fact that the foregoing information is based upon the District's
projections and estimates only, which are not binding upon the District. The average annual tax rate , the highest
tax rate, the final fiscal year in which the tax is anticipated to be collected and the year or years in which they
will apply, and the actual total debt service, may vary from those presently estimated for a variety of reasons,
including, without limitation, due to variations in the timing of bond sales, the amount or amortization of bonds
sold, market conditions at the time of each sale, and actual assessed valuations over the term ofrepayment of the
bonds. The dates of sale and the amount or amortization of bonds sold at any given time will be determined by
the District based on need for project funds and other factors, including the legal limitations on bonds approved
by a 55% affirmative vote. Market conditions, including, without limitation, interest rates, are affected by
economic and other factors beyond the control of the District and will depend on the bond market at the time of
each sale. Actual future assessed valuation will depend upon the amount and value of taxable property within
the District as determined by the County Assessor in the annual assessment and the equalization process. The
growth or decline in assessed valuation is the result of a number of economic and other factors outside the control
of the District.
Dated: ::;r,-,..,.~ 2.'1 , 2024.
Superintendent
Palos Verdes Peninsula Unified School District
B-1
4140-7358-0880.l 7
A-33
CLERK'S CERTIFICATE
I, Linda Reid, Clerk of the Board of Education of the Palos Verdes Peninsula Unified
School District, County of Los Angeles, California, hereby certify that the foregoing is a full, true
and correct copy of a resolution duly adopted at a regular meeting of the Board of Education of
said District held at the regular meeting place thereof on June 26, 2024, and entered in the minutes
thereof, of which meeting all of the members of the Board of Education had due notice and at
which a quorum thereof was present, and that at said meeting the resolution was adopted by the
following vote:
AYES: 5
NOES: 0
ABSTAIN: D
ABSENT: 0
An agenda of the meeting was posted at least 72 hours before the meeting at 375 Via Almar,
City of Palos Verdes Estates, California, a location freely accessible to members of the public, and
on on the District's website at
pvpusd.net/apps/pages/index.jsp?uREC _ ID=36 l 974&type=d&pREC _ ID= 1828498, and a brief
description of the resolution appeared on the agenda.
I further certify that I have carefully compared the same with the original minutes of said
meeting on file and ofrecord in the District administrative office; the foregoing resolution is a full,
true and correct copy of the original resolution adopted at said meeting and entered in said minutes;
and that said resolution has not been amended, modified or rescinded since the date of its adoption,
and the same is now in full force and effect.
Dated: -:r .,,..,., 1,. e, , 2024
Clerk of the Board of Education
Palos Verdes Peninsula Unified School District
4140-7358-0880. l 7
A-34
Palos Verdes Peninsula Unified School District (PVPUSD) serves approximately 11,000
students in the four cities and unincorporated area on the Peninsula. Students receive
a high quality and rigorous education at two early childhood education centers, ten elementary
schools, three intermediate schools, two comprehensive high schools, one continuation school, and
one distance learning academy. Thanks to hardworking students, teachers and staff, PVPUSD ranks
among the top school districts at the local, state, and national levels.
Aging Classrooms Need Repairs
While the quality of education in local schools is outstanding and PVPUSD does its best to maintain
local schools, aging classrooms, science labs and school facilities are failing and need urgent
repairs. The average age of PVPUSD schools is nearly 60 years old. Leaky roofs and deteriorating
infrastructure like plumbing, electrical, heating, and cooling systems need to be repaired or
replaced. In fact, a power surge at Miraleste Intermediate School recently melted the outdated
electrical panel, closing the school for three days. Last year alone there were about 45 classrooms
and school facilities with leaky roofs that disrupt learning and can cause mold. Some schools were
built so long ago that underground pipes and infrastructure are failing, resulting in gas leaks, water
leaks, and sewage backups.
Outdated Classrooms and Labs
Most classrooms and labs were built for a different era of education. Some science labs have not
been updated in 60 years. In addition to repairing what is broken and making seismic and safety
improvements, updates are needed to provide access to learning technology and support advanced
instruction in all subjects including science, technology, engineering, and math.
Planning for the Future
PVPUSD has conducted a thorough assessment of every classroom and facility in the district and
prepared plans for the highest priority repairs. Because the State does not provide dedicated funding for
school facility work, PVPUSD lacks a funding source for these urgent repairs and some schools may have
to close. The last bond measures to fund repairs and upgrades at local schools were approved almost 20
years ago, funds from those measures were expended long ago.
Leaky roofs damage
& disrupt classrooms
Inadequate electrical systemsOutdated science labs
Protecting Quality
Education and Student Safety
B-1
Local Funding for Classroom Repairs and Student Safety
On June 26, 2024, the PVPUSD Board of Education voted unanimously to place the Palos Verdes Peninsula Unified School District Classroom Repair/ Student Safety Measure on the November 5th, 2024 ballot for
local voters to consider. If approved by 55% of local voters, this measure would provide $297,800,000 in
locally controlled funding to complete the most urgent and high priority improvements, including:
The measure would cost $29 per $100,000 of assessed value (not market value), or about $300 per year
for the typical homeowner. PVPUSD plans to use shorter term 20-year bond issues in order to reduce the
interest costs payable on the bonds and, therefore, reduce the property taxes paid by local taxpayers.
Strict Fiscal Accountability and Local Control
The measure requires strict fiscal accountability protections, including:
All funds raised by this measure would be locally controlled and only go to repair
PVPUSD schools
An independent citizens’ oversight committee, annual audits, and public disclosure of all
spending would be required
The measure includes a detailed and legally binding project list describing the only projects
that may be funded
No funds could be taken away by the State
None of the money raised could be used for salaries, benefits, or any expenses other than
school facility repairs
No funds could be used for workforce housing
or district administrative buildings
State Matching Funds
Approval of the measure would help PVPUSD qualify for
millions in state matching funds that will otherwise go to
repair schools in other communities. The District can only
access these state dollars if local matching funds are
available from a local bond measure.Share Input and Stay Informed
If you have questions or would like to provide
feedback, please contact Superintendent
Dr. Devin Serrano at serranod@pvpusd.net.
Repairing or replacing leaky roofs
Fixing failing pipes to prevent sewer and gas leaks
Fixing inadequate and failing electrical systems
Repairing failing classrooms, restrooms, and school facilities
Replacing outdated and inefficient heating and cooling systems
Removing hazardous materials like asbestos
and lead
Replacing deteriorating 30+-year-old portable
classrooms that exceed their life span
Improving earthquake and fire safety and campus security
Updating aging science labs and classrooms to meet current educational standards
B-2