SFUSD Bond Program Citizens' Bond Oversight Committee (CBOC)

Original Notice and Agenda (file for download)

NOTICE AND AGENDA

CITIZENS’ BOND OVERSIGHT COMMITTEE (CBOC) MEETING 

San Francisco Unified School District

Wednesday, May 04, 2022 – 12:00 p.m.

135 Van Ness Avenue, Room 210 (Facilities Conference Room)

San Francisco, CA 94102

CITIZENS’ BOND OVERSIGHT COMMITTEE (CBOC) MEETINGS ARE HELD IN PERSON WITH OPTION FOR THE PUBLIC TO OBSERVE THE MEETING VIRTUALLY

ADA Accommodations: To request accommodations, please call (415) 355-7364 as soon as possible but at least seventy-two (72) hours prior to the scheduled meeting.

Observe Meetings: To observe the May 04, 2022 CBOC meeting by video conference, please click here at the noticed meeting time.  Webinar ID 850 1907 1956, and Password: 289594. It may help to download the Zoom app before the meeting if you don’t have it already. Instructions on how to join a meeting by video conference are available at: Zoom Help Center: Joining A Meeting.

To Listen to The Meeting By Phone: please call at the noticed meeting time (669) 900 9128, then enter Webinar ID 850 1907 1956 then press “#”. Password: 289594. If asked for a participant id or code, press #. Get instructions on how to join a meeting by phone.

To Make Public Comment on Agenda Items: The Chair will introduce the item and call for speakers, and staff will indicate who will be speaking next.

• To comment by video conference, click on the Participants button at the bottom of your screen and select the “Raise Your Hand” button to request to speak when Public Comment is being asked for. When called upon, you will be unmuted. After the allotted time, you will then be re-muted.
• To comment by phone, you will be prompted to “Raise Your Hand” by pressing “*9” to request to speak when Public Comment is asked for. When called upon, you will be unmuted. After the allotted time, you will then be re-muted. Instructions of how to raise your hand by phone are available at: Zoom Help Center: Joining A Meeting or Webinar By Phone

AGENDA

1. Call to order - the Vice Chair will call the meeting to order
2. Roll Call 
3. Approval of CBOC Meeting Minutes: 2022-04-06 CBOC Meeting Notes 
4. Public Forum: This is an opportunity for members of the public to speak on an item not on the agenda but is within the subject matter jurisdiction of the Committee. Speakers will be provided one (1) to three (3) minutes each and the 10 minute period will be divided evenly between those wishing to address the committee. As a reminder, California law limits Committee members’ ability to discuss comments or attempt to answer questions during the public comment time on items not on the agenda.
5. Discussion Item: Presentation (presented on Fiscal Year 2020 audit reports by Nathan Edelman) (discussion continued from April 6, 2022)
   1. FY 2020 Financial Audit Reports
      1. 2006 Bond Financial Audit Report (draft)
      2. 2011 Bond Financial Audit Report (draft)
      3. 2016 Bond Financial Audit Report (draft)
   2. FY 2020 Bond Performance Audit Report (draft)
6. Discussion Item: Use of Bond Funds for GWHSAA Lawsuit and District's Response (item continued from 4/6/22 meeting)
   1. Rex Ridgeway’s Letter and Background Documents
   2. District Response to Rex Ridgeway’s letter to SFUSD regarding GWHS legal fees
7. Action Item: Consider approval of Rex Ridgeway’s draft letter dated April 13, 2022
8. Action Item: Consider approval of Resolution to accept the Financial Audit and Performance Audit for the Fiscal Year 2020 (item continued from 4/6/22 meeting)
9. Presentation on: CBOC Bond Rating and Finance Explainer by Dave Olson (item continued from 4/6/22 meeting)
10. New Business - Discussion Items 
    1. Status of CBOC Committee Member Recruitment
    2. Monthly Bond Program Implementation Report – Licinia Iberri, Bond Program Manager to provide a monthly program update
    3. Discussion Item: Changing the CBOC meeting date to 5:00 p.m., from 12 noon, on a day of the week suitable to a quorum of the CBOC and staff
11. Action Item: Vote on changing the CBOC meeting time
12. Committee Member Requests for Agenda Items (Proposed agenda topics may be proposed but not discussed) and scheduling of CBOC meetings
13. Adjournment

CITIZENS’ BOND OVERSIGHT COMMITTEE (CBOC) MEMBERS

Kimia Haddadan

Lex Leifheit

Bree Mawhorter

Rex Ridgeway, Interim-Chairperson (Vice Chairperson)

Richard Rothman

Jamie Querubin

The Citizens’ Bond Oversight Committee is subject to the Ralph M. Brown Act and other open meeting provisions.

Public attendance and comments are welcome at the meeting.