On Tuesday, April 20, 2010, the Measure C Bond Oversight Committee held its regular quarterly meeting to review expenditures of the bond fund for the period ending March 31, 2010. Approximately $24 million (out of the revised budget of $25.5 million) has been expended or accrued to date. As previously reported in December, 2009, there is a funding deficit (projected to be $182K) which is a planned overrun related to the school board’s decision last October to construct two additional day care rooms for a not-to-exceed amount of $798K (using $615K of unallocated bond funds plus monies from the district’s Capital Facilities Fund 25). No issues were identified and the expenditures were accepted as presented.
The Bond Oversight Committee also met on Tuesday, May 18th, to prepare its Annual Report to the Board (as required by CA law) and delivered it on Thursday, June 3rd. The Committee found that, to the best of its knowledge, the District is in compliance with the requirements of the CA Constitution. In particular, bond revenue has been expended only for the purposes so described in Measure C (for construction of the new school). The full report is available on the District’s website ( http://brssd.org/oversightcommittees.html ).
Construction on the new school has been completed. Having passed all required inspections, the District officially “took possession”! However, the floor of the multi-purpose room will be replaced (at SKW Architects’ expense) as the wrong color was installed. Bullene Landscapes was selected as landscaper with a one-year contract. New sod has been laid with heavy watering until the lawns are well established. Furniture and technology equipment will be delivered in mid-July to early August!
So far, 250 K-4 students have been registered. The staffing list has been completed but is pending the Board’s decision about class size. The Redwood Shores Elementary School PTA met for the first time on May 5th with 80-100 charter members!
SAVE THE DATE: The Grand Opening will be on Sunday, August 15, 2010, from 11 am to 2 pm!
— Carole Wong (Chair), Measure C Bond Oversight Committee