Political Quotes

“In the Orange County school district a proposal that is close to becoming a reality involves the school district working with the private developer who will build a public school which will be co-located with a YMCA facility. The school district would make payments on the building at 2 percent interest for 5 years. At the end of that 5-year period the school district will receive the building and lease out space to the YMCA, a creative example of financing co-location, being able to use the school as a means of meeting a variety of the needs of the children of that community. This use of private activity bonds will accelerate the creativity and innovation of school districts, particularly those that are facing crushing demands by escalating student population. This provision in the legislation before us has a cost of approximately $400 million. If I had a criticism, I would say both of these provisions, the one for the small and the rural schools and that for the fast-growing schools, are inadequate to the challenge. But in the one case it is building on progress that we made last year, on the other it is starting a new departure which I think will have tremendous long-term benefit. So it is for provisions like those that I will vote for this legislation.”