Skip to main content

Asset Management

OUSD is in the process of considering the most effective and appropriate use of its real property, including the sale or lease of excess property owned by the District.  In March 2018, the Board of Education authorized Eric Hall & Associates (EH&A) to conduct an Asset Management Study to evaluate five district properties for effective use and identify potential revenue sources.

The original five identified properties evaluated were:

  • Ditmar School
  • Ocean Shores High School
  • Pacifica Elementary
  • District Office North (ESS)
  • District Office South

The evaluation of these properties consisted of an inspection and valuation of their current market conditions.  The Asset Management Study includes a Broker Opinion of Value (BOV) for each property prepared by a licensed real estate professional with the intent to derive the highest and best use for the identified properties that will include the most profitable, physically viable, and legally permissible options for consideration.  The Asset Management Study was presented to the Board of Education in October 2018 and again in February 2019 to review the valuations and options for these properties, including sale, lease, joint-use lease, joint-use grant projects, property exchange, and license agreements.

Facilities Advisory (7-11) Committee

Following the presentation in February 2019, the Board of Education directed staff to begin the process to establish the Facilities Advisory (7-11) Committee.  The Board of Education approved the District to take actions necessary to initiate the establishment of the Facilities Advisory (7-11) Committee with the approval of Resolution No. 12 (18-19).  The purpose of the 7-11 Committee is to gather information, present the Board of Education with a report with recommendations, and a list of priorities which is advisory and nonbinding.  The 7-11 Committee shall consist of not less than seven nor more than eleven members and shall be representative of the District community.  Community members who were interested in being on the 7-11 Committee were encouraged to complete an application.  Applications were available online and at the District Office.  Applications were due by 9:00am on Monday, April 15, 2019. 

The following community members were approved by the Board of Education at the May 14th meeting via Resolution No. 23 (18-19) to form the Facilities Advisory (7-11) Committee:

  • Tracey Alexander
  • Frank Balanon
  • Steve Bessant
  • Art Carrasco
  • Jaime (Jimmy) Figueroa
  • Charles Finn
  • Sherry Freeman de Leyva
  • Kiel Koger
  • Hannah Otey
  • Wayne Reese

Meetings are tentatively scheduled for once a month, unless otherwise noted.  Meetings will take place in the District Office Board Room at 5:00pm, unless otherwise noted.  The meeting schedule, agenda and approved minutes are below:

7-11 Meetings, Agendas, & Minutes
May 28, 2019 Agenda

Approved Minutes

Presentation

June 18, 2019 Agenda

Approved Minutes

Presentation

August 14, 2019 Agenda

Approved Minutes

Presentation

September 4, 2019 (site visit) Agenda  
September 4, 2019 (site visit) Agenda Cancelled due to inclement weather
September 18, 2019 Agenda Approved Minutes
October 16, 2019 Agenda

Approved Minutes (pending)

Final Committee Report

December 11, 2019 Agenda  
January 15, 2020 Agenda  
February 12, 2020 Agenda  

 

properties for consideration

On May 14, 2019, the Board of Education approved Resolution No. 23 (18-19) to not only establish the 7-11 Committee, but also identify current district properties as potential surplus property sites.  The properties for consideration beginning May 14 were Pacifica Elementary School (4991 Macario Dr.) and Ocean Shores High School (3131 Oceanside Blvd.).

On November 12, 2019, the Board of Education approved Resolution No. 09 (19-20) to identify current district properties as potential surplus property sites.  The properties for consideration beginning November 12 were the Ditmar House (1111 S. Ditmar St.) and Pioneer Cemetery (135 Rancho del Oro Dr.).

Committee recommendations

During the Committee meetings from May to October, enrollment information, and current and possible future uses of the Pacifica and Ocean Shores properties were discussed, reviewed, and evaluated.  Based on the information, the Committee was ready to present their findings and recommendations to the Board of Education.  The presentation took place at the November 12 Board of Education meeting.  The Board of Education approved the Committee's recommendations:

1.  The entire site of the former Pacifica Elementary School can be considered surplus to the educational needs of the District.
2.  The entire site of Ocean Shores High School can be considered surplus to the educational needs of the District.
3.  For the above reasons, the Committee recommends that the Governing Board declare the two Properties described above as surplus to the educational needs of the District.
4.  The Committee recommends the Governing Board consider reallocating these assets in a manner which best serves to improve the educational experience of all students in the District.  This includes options for possible sale or lease of the sites, seeking applicable waivers of bid requirements, as well as the consideration of potential joint use, license or exchange of the Properties.
5.  The Committee grants to the Governing Board the flexibility and discretion in choosing a method of disposition for these surplus Properties that best serves the District's financial interests and the needs of students, staff and community, while still adhering to all applicable laws and District policies.

Below is the final report and presentation:

Facilities Advisory (7-11) Committee Final Report on Findings and Recommendations

Presentation to the Board of Education, 11/12/19