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<p>The Internal Revenue Service is investigating Sweetwater Union High School District’s L Street property –is this investigation only the tip of the iceberg?</p>
<p>In 2005 the district purchased a 24- acre parcel of land on L Street. The district made the purchase using Plan Nine Partners/California Trust for Public Schools, a non-profit or 501(c)(3) organization, to borrow $25 million in tax-exempt bonds to purchase the L Street property.</p>