In July 1985, talks between the City of Torrance and TUSD broke down over the purchase of the Greenwood School site, a closed school site. The final offer from TUSD was $1.875 million ($. The final offer from the city was $1.6 million ($. Later in 1985, to avoid legal action, the city proposed that if the district gives the site to the city while negotiations over the sales price occurred, the city government would give the district $1.6 million when accounting for inflation) in a deposit and allow it to draw interest in that deposit. The city promised to pay the difference between the $1.6 million and the final purchase price in addition to the interest as long as the final purchase price did not exceed $1.875 million when accounting for inflation). TUSD had until November 1, 1985 to decide on whether to take the offer.