Acquisition of Real Estate for Rancho Santa Fe School
The school board in Rancho Santa Fe has unanimously agreed on the purchase of land, an all important step in what is often a futile search for appropriate school property. The board has been pursuing this endeavor for more than a decade. Contrary to the objections made by numerous residents, the board has decided to purchase a 5-acre lot for some $9 million, which is $2 million over the appraised value of the real estate..