After nearly five years of effort, the Belmont-Redwood Shores School District Measure C Bond Oversight Committee had its last meeting on January 17, 2012. The committee was established by the Board of Trustees in 2007 according to State law to ensure that the $25 million in bonds authorized by the Shores community in Measure C (2005) was used solely for the construction of the Shores Elementary School. While the new school opened in August, 2010, expenditures finally came to an end in June, 2011.

The bond oversight committee has reviewed final expenditure reports and the independent financial and performance audits. It will advise the Board of Trustees at its meeting on February 2, 2012, that “to the best of its knowledge, the Belmont-Redwood Shores School District is in compliance with the requirements of the CA Constitution [and] bond revenue has been expended only for the purposes so described in Measure ‘C’.”

Copies of the final Annual Report to the Board of Trustees may be found on the District’s website http://brssd.org/oversightcommittees.html

Thanks to all who have faithfully and diligently served on the committee over the years!

— Respectfully submitted by Carole Wong (Chair), Measure C Bond Oversight Committee