San Carlos school board president resigns over loan

SAN CARLOS, Calif. (KGO) -- The president of the San Carlos Elementary School Board has resigned after an ABC7 News report on a questionable loan to the superintendent.

Last month, Superintendent Craig Baker took out a one year bridge loan, so he could buy a $1.3 million house and move to San Carlos from Redwood City. However, he got the loan a day before the school board took formal action to approve it.

Although the board later agreed to create a public timeline on what happened, president Beth Hunkapiller resigned when her colleagues refused to authorize a more complete audit. Hunkapiller served nearly 20 years on the board, but was not running for re-election.

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