Costs to rebuild the college

Santa Cruz County, CA

November 7, 2000 Election

Costs to rebuild the college

By Frederick H. Coffer

Candidate for Governing Board Member; Cabrillo Community College District; Trustee Area 3

This information is provided by the candidate

This college has taken out bonds, loans on your property that will last for the next 18 years.

The college sold $85 million worth of bonds, paid $3-1/2 million in sales commissions, and received $24 million for a total of $106 million to "rebuild" the college. The fact is that $225 million is what is needed.

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ca/scz Created from information supplied by the candidate: October 26, 2000 22:16
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