If you look around the table and can't spot the sucker, it's you. - poker proverb
While it's possible that the Encinitas Union School District had some buyer lined up to pay $9.5 million for the Pacific View site under current zoning, it seems highly unlikely. Possibly a developer had plans for a medical office complex or something similar that would have penciled out. Or maybe a developer knew he could count on Vina and Sabine to put up an intentionally ineffective defense of Prop A so he could upzone the whole thing to residential.
But most likely at this point is that the EUSD was bluffing, knowing that three council members were so desperate to buy Pacific View that they would pay any price if the district just bluffed that they had a buyer.
Well played, Baird. Well played.