BUSD hopes to refinance bonds

The Bonsall Unified School District board approved a consultant agreement with Dale Scott & Company for financial advisory services which will include potential refinancing of the district's general obligation bonds and issuance of certificates of participation to finance the two-story building planned for the Sullivan Middle School campus which also currently includes Bonsall High School.

A 3-0 BUSD board vote March 10, with Timothy Coen and Sylvia Tucker absent, approved the agreement. Dale Scott & Company will be compensated only if bonds are sold; a fee of $75,000 plus one-quarter of a per...