Suspicious Package Found at North Hollywood High School [Updated]

The immediate area around North Hollywood High School has been shut down by the LAPD after a suspicious package was reported to them this morning. At 6:12 a.m., police received a call from LAUSD police officers who found a box with wires coming out of it at the front entrance. No evacuations were needed as school is not in session; however, a graduation is scheduled for later today. Colfax and Weddington were shut down to traffic.
The LAPD Bomb Squad has sent in its robot to check the package. As of 9:05 a.m., there was no confirmation on what the package was.
[Update, 9:41 a.m.: Police called a Code 4, meaning it was nothing.]