REPORT TO: BOND COMPLIANCE OVERSIGHT COMMITTEE
SUBJECT
Title
Review and Confirmation of the Proposed Project Alignment with the Voter-Approved Expenditure Plan for Measure I
Report
BACKGROUND
On June 5th, 2025, the Bond Compliance Oversight Committee (Committee) for Measure I, the Public Facilities and Infrastructure Bond Measure, convened its inaugural public meeting. During this meeting Committee members were provided training on their authority, role, and governing rules.
* City Attorney - provided training on: Brown Act, Bylaws, Conflict of Interest & Ethics.
* Outside Bond Legal Counsel Jones Hall - provided training on Bonds 101: Summary covering the Bond Issuance Process including roles, responsibilities, and compliance.
Committee Responsibilities Under Measure I, Section 13
Under Ordinance No. 2069, Section 13 (Transparency and Accountability Requirements), the Committee is charged with ensuring that bond proceeds are expended only for the purposes described in the voter-approved measure. The Committee's specific responsibilities include:
* Ensuring that project implementation is consistent with the Expenditure Plan.
* Reviewing and reporting on annual performance and financial audits.
* Providing recommendations to City Council on any proposed amendments to the Expenditure Plan.
* Informing the public concerning expenditure of bond proceeds.
The first formal action of the Committee is to review the proposed first phase of projects to be financed with Measure I bonds, and confirm their conformity with the voter-approved Expenditure Plan.
DISCUSSION
Measure I Leadership Team
The City Manager has appointed a Capital Projects Program Manager to lead the program and coordinate administration of Measure I with the Director of Public Works and Finance Director. This leadership team, with the assistance of staff from various departments, will oversee program delivery, project implementation, financial compliance and strategic priorities for the Measur...
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