SCCOE likely to take possession of ex-Superintendent's condo

It looks more likely that the SCCOE will end up taking possession of ex-Superintendent Weis' San Jose condo at a loss. It is really incredulous that both the lawyers who crafted this deal and the board that approved it did not anticipate risks such as this one. As president Di Salvo says: "I incorrectly thought it was implicit that when a loan is given a monthly or annual payment would be made to decrease the loan’s liability, as well as the public’s. If [only] the Board and I knew about the anti-deficiency legislation..."

Even worse, the new superintendent has a similar deal in place.