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# Santa Monica College $160 million bond vote set for March 5
- URL: https://www.smdp.com/022802-story/
- Published: 2002-02-28T16:00:00.000Z
- Updated: 2026-10-24T23:25:53.000Z
- Author: Guest Author
- Tags: Opinion, Malibu, #archive-import

Editor’s note: The vote for a $160 million bond for Santa Monica College is Tuesday, March 5\. Santa Monica and Malibu residents will be asked to approve the bond so SMC can use the money to renovate buildings at the aging campus on Pico Boulevard. It also would partially fund the purchase of the 10-acre BAE Systems property that the college recently bought for $30 million near the airport for a satellite campus and more parking. The bond’s average cost to taxpayers would be $1.12 per month for renters and $77 per year for the average homeowner in Santa Monica and Malibu.

The Daily Press welcomes commentary and letters to the editor supporting or opposing the measure. Please send all submissions to:

*Originally published in the Santa Monica Daily Press print edition on February 28, 2002.* [Read the original PDF.](https://s3.us-east-1.amazonaws.com/smdp%5Fbackissues/022802.pdf?ref=smdp.com)