CASH ENSURES NEW SCHOOL.Byline: Karen Maeshiro Staff Writer LANCASTER - The Anaverde master-planned community's developer will pay an estimated $362,000 for permission to construct 41 homes while negotiations continue on building an elementary school elementary school: see school. . Ontario-based Empire Land will get the money back if it and Westside Union School District reach an agreement by Dec. 8 on building the first elementary school for the 5,200-home community in southwest Palmdale. If no agreement is reached by the deadline, Westside can keep the money, which is more than twice the standard school developer fee. ``This is only an interim agreement until we can nail out something that covers everything,'' trustee Gwen Farrell said. ``It's an insurance plan. They have pulled some permits already. In order for them to pull permits, there has to be some kind of insurance that we are going to have some kind of agreement.'' Westside officials said they had hoped the developer would have built the first school by the time the first homes were occupied, expected early next year. But now they assume that no Anaverde school will be ready for students for at least 2 1/2 years. The board has approved sending students coming out of Anaverde to Cottonwood cottonwood: see willow. cottonwood Any of several fast-growing North American trees of the genus Populus. Members of the willow family, cottonwoods have heart-shaped, toothed leaves and cottony seeds. The dangling leaves clatter in the wind. and Hillview Middle schools Hillview Middle School is a public middle school in Menlo Park, California, part of the Menlo Park City School District. It is notable as having been named a California Distinguished School seven times. in west Palmdale. Under the ``school facilities mitigation MITIGATION. To make less rigorous or penal. 2. Crimes are frequently committed under circumstances which are not justifiable nor excusable, yet they show that the offender has been greatly tempted; as, for example, when a starving man steals bread to satisfy agreement'' approved by the Westside board last week, the Anaverde developer will pay $3.54 per square foot on 41 homes, with the average house size about 2,500 square feet. The homes are being built by KB Home. Westside's standard developer fees is currently set at $1.66 a square foot. The mitigation agreement allows KB Home to move forward with building the 41 homes and protects Westside's interests while both sides continue to negotiate a long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. agreement about building the first school, Westside officials said. Eventually, Anaverde is expected to have four elementary schools, plus a middle school shared with the adjoining Ritter rit·ter n. pl. ritter A knight. [German, from Middle High German riter, from Middle Dutch ridder, from r Ranch ranch, large farm devoted chiefly to raising and breeding cattle, horses, sheep, and goats. The cattle ranch was introduced from Latin America to Texas and the plains of the W United States and Canada. master-planned community. Anaverde officials referred questions about the agreement to school officials. Westside Superintendent Regina Rossall said the final agreement is expected to come before the school board at the Nov. 16 meeting. ``This is to demonstrate a good-faith effort on our part to reach an agreement. We are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. them to work with us. This seemed like an appropriate time to get to some kind of resolution,'' Rossall said. Karen Maeshiro, (661) 267-5744 karen.maeshiro(at)dailynews.com |
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