CUSD will lease a third of its $52 million Taj Mahal for $400,000 per year

May 08, 2007 Filed in: Volzke, Jonathan
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Jonathan Volzke, The Capistrano Dispatch "Capo Unified officials intend to lease about one-third of their new Valle Road headquarters, using the income for facilities improvements at schools in San Juan Capistrano and Mission Viejo -- areas that contributed to the building's construction cost. New Superintendent Dennis Smith said the district will actually operate more effectively in the smaller space, and the lease could generate up to $400,000 a year. The construction of the building, which will cost more than $50,000,000 with interest, was one of the sparks that ignited the recall fire."

Volzke is the publisher of the Capistrano Dispatch.

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