Saale of Assets

Trustees' attempt to sell surplus land to cover budget deficits comes up short

Sam Miller, The Orange County Register "Trustees also agreed to try again to sell land in Laguna Niguel, a month after bids for the 2.4 acres on Paseo de Colinas came in smaller than expected. The largest bid was $4.8 million, below the $6 million minimum required. The school district reappraised the land and has set the minimum bid at $4.8 million."

Miller is the South Orange County education reporter for The Orange County Register.