By John Glidden

The Vallejo school board unanimously approved a new contract at its July 24 meeting with a state trustee tasked with ensuring the school district remains solvent.

Melvin Iizuka will receive up to $56,000 annually to attend Vallejo City Unified School District Board of Education meetings each month and monitor the district’s financial condition.

The school district is required by the state of California to have the trustee while the district continues to pay off a $60 million bailout loan it received from the state in 2004.

Source: Vallejo school board approves new contract with state trustee – Times Herald