Bond Oversight Committee

December 15, 2004 Minutes

1. Call to Order and Roll Call
   Meeting called to order at 6:04 p.m. by Chairman Larry Vranish

   Members present:
   Dave Hetyonk, Patricia Santiago, Paul Turnbull, Craig Morgan, John Bechio, Jan Zettel, Mary Stark, Brian Sarvis, Larry Vranish, Ginny Kuga, Mariann Cooley, Martin Senn, Tomaso Falzone, Dave Geeting, Bud Andrews, Marsha Barr, Tariq Kadri, Michael Gonzalez, Mike Kaner, Ramona Marten, Lito Garcia, Carl Mayrose, Nancy Harter, Barbara Keyani

   Others present:
   Julie Avnit, Spectrum Management Solutions
   Virginia Colina, District bond accountant

   Flag Salute:
   Led by Craig Morgan

   Public comments:
   None

2. Review/Approval of Minutes from November 17, 2004
   Motion was made by Craig Morgan to approve the November minutes
   Seconded by: Paul Turnbull
   Motion Passed.
   

3. Public Relations Update

   • Barbara Keyani reported that the gala opening of the San Marcos High School auditorium will be on February 26, 2005.
   • Dave Geeting reported on the Realtor Association at GVJHS.
   • Dave Hetyonk reported on awards won by the theater re-model at SBJHS.
     
     
4. Financial Report Update
   Mary Stark reported that the 03/04 books were under audit.
   A discussion was held on 04/05 accounting.
   Julie Avnit distributed a financial report with data current through December 15, 2004 and gave a recap.
   A discussion was held on re-allocation of site Measure V funds.
   
   
5. Report on Developer Fees
   Mary Stark presented this item to the committee. A discussion was held on the uses of Developer fees and limits on accumulation of the fees.
   
   
6. Report on Tracking Project Completion Compared to Funding
   This item was discussed during the financial report update.
   
   
7. Clarification of CYPAC Donations for Santa Barbara Junior High School Theater and completion of Theater
   This item was presented to the committee by Dave Hetyonk. A list of CYPAC
   contributions was distributed.
   
   
8. Project Management and Clerical Support
   Dave Hetyonk reported that a RFQ/RFP was being prepared for construction management help.
   Mary Stark reported on District plan to add clerical help.
   
   
9. Clarification of End of Project Clean-up
   A discussion was held about the timing and scope of future projects at La Colina and Goleta Valley junior High Schools.
   

10. New Business

11. Adjournment
    Meeting was adjourned at 7:00 p.m

    Next meeting scheduled for Wednesday, January 19, 2005.