BUSD approves certificates of participation issuance

The Bonsall Unified School District will be issuing certificates of participation to finance the two-story building which will be constructed on the Sullivan Middle School campus currently also serving Bonsall High School.

A 5-0 BUSD board vote May 12 approved the financing agreements and other documents necessary for the district to issue up to $6.8 million of certificates of participation.

"We're hoping that we get that going in the next couple of months," said BUSD superintendent Justin Cunningham.

Voter approval is needed for a general obligation bond whose principal and interest payment r...