WEBVTT 1 00:01:40.450 --> 00:01:41.740 RCCD CAADO 309: Hi, Steven! 2 00:01:50.890 --> 00:01:51.940 RCCD CAADO 309: Can you hear me? 3 00:01:53.370 --> 00:01:54.579 Ashby, Stephen: Where the police say. 4 00:01:56.880 --> 00:02:01.340 Ashby, Stephen: no, I got a favorite. Huh! He said. I don't know that I have a favorite. 5 00:02:11.900 --> 00:02:15.719 Ashby, Stephen: Alright, Renee, you still in there. 6 00:02:16.390 --> 00:02:18.736 RCCD CAADO 309: Yeah, I was asking, could you hear me. 7 00:02:19.660 --> 00:02:23.449 Ashby, Stephen: Oh, I'm connecting a remote oh, conference! We got. 8 00:02:24.230 --> 00:02:25.840 RCCD CAADO 309: Oh, no worries. Are you okay? 9 00:03:26.210 --> 00:03:30.760 RCCD CAADO 309: It's not displaying the computer screen. 10 00:03:31.710 --> 00:03:42.809 RCCD CAADO 309: Hello! Hello! How are you? I'm Renee. Yeah, that's okay. Feel free to take a seat wherever you like. 11 00:04:06.574 --> 00:04:10.390 Ashby, Stephen: Oh, you know I can't hear you, Rene. My laptop is muted like a goober. 12 00:04:11.150 --> 00:04:12.390 RCCD CAADO 309: Oh, is that? Why? 13 00:04:13.536 --> 00:04:17.979 Ashby, Stephen: I was like dude dude. Oh, maybe she'll talk to me, and then I'm like. 14 00:04:18.817 --> 00:04:23.462 RCCD CAADO 309: Like Steven. I said it so many times. I'm like, are you? There? 15 00:04:23.930 --> 00:04:25.630 RCCD CAADO 309: You're so funny. 16 00:04:25.630 --> 00:04:27.320 Ashby, Stephen: Yeah, yeah, yeah. 17 00:04:27.320 --> 00:04:32.070 RCCD CAADO 309: How's it going, though? How's it going with your new role. 18 00:04:32.710 --> 00:04:33.050 Ashby, Stephen: Yeah. 19 00:04:33.710 --> 00:04:35.029 RCCD CAADO 309: Additional. Yeah. 20 00:04:35.190 --> 00:04:37.760 Ashby, Stephen: It's interesting. Yeah, that's for sure. Yeah. 21 00:04:43.160 --> 00:04:46.439 RCCD CAADO 309: Restart when we get here, too, for the recording. 22 00:04:47.290 --> 00:04:48.220 Ashby, Stephen: I'm sorry. 23 00:04:48.700 --> 00:04:54.600 RCCD CAADO 309: If you wanna because I don't know if it's recording or not. If you wanna push, play at like 3 o'clock 24 00:04:55.220 --> 00:04:56.530 RCCD CAADO 309: because it'll start. 25 00:04:56.820 --> 00:05:02.340 Ashby, Stephen: Yeah, I mean, it's it's recording. But I mean, that's Mark can edit all that. He's the master. 26 00:05:03.744 --> 00:05:06.789 RCCD CAADO 309: Think we just have to push it a second time. I'll ask him. 27 00:05:08.360 --> 00:05:12.239 Ashby, Stephen: Are you talking on the recording the local zoom recording. 28 00:05:12.530 --> 00:05:13.570 RCCD CAADO 309: Yeah. 29 00:05:13.770 --> 00:05:15.099 Ashby, Stephen: Yeah, I mean, it's 30 00:05:15.480 --> 00:05:20.369 Ashby, Stephen: that's fine, as I just don't want us to miss it cause markets upset when we do that. 31 00:05:23.270 --> 00:05:25.520 RCCD CAADO 309: Oh, how wow! 32 00:05:25.520 --> 00:05:26.110 Knight, Mark: That. 33 00:05:28.080 --> 00:05:31.389 Ashby, Stephen: Maybe strongly expresses displeasure. I don't. Is that. 34 00:05:32.040 --> 00:05:35.000 Knight, Mark: Okay, yeah. There's a line there between those 2. 35 00:05:35.000 --> 00:05:38.010 Ashby, Stephen: It is. Yeah, it's a fine demarcation. Yeah. 36 00:05:39.170 --> 00:05:43.119 Ashby, Stephen: let me make you host, so you can start the the streaming there, sir. 37 00:05:43.120 --> 00:05:43.720 Knight, Mark: Cool. 38 00:05:44.921 --> 00:05:46.289 RCCD CAADO 309: Thank you very much. 39 00:06:12.850 --> 00:06:17.450 RCCD CAADO 309: Yeah, so quiet. 40 00:06:17.910 --> 00:06:19.055 RCCD CAADO 309: I'm like, 41 00:08:18.920 --> 00:08:20.824 RCCD CAADO 309: not used every contact. 42 00:08:22.440 --> 00:08:25.130 RCCD CAADO 309: If you're not early here, I'm late. 43 00:08:25.730 --> 00:08:26.130 RCCD CAADO 309: Bye. 44 00:08:28.550 --> 00:08:36.740 RCCD CAADO 309: Hi, I'm Don kindred. Hi, Don. My name is Cheryl Plumley. You look so familiar. I do. Yeah, I don't know where I've crossed paths with you. But yeah. 45 00:08:38.161 --> 00:08:42.309 RCCD CAADO 309: I hope that's a good thing. 46 00:08:47.200 --> 00:08:58.890 RCCD CAADO 309: So have you served on this committee before? No, this is my 1st time 47 00:08:59.220 --> 00:09:01.919 RCCD CAADO 309: we got a whole new fresh set of people. So 48 00:09:02.190 --> 00:09:18.430 RCCD CAADO 309: that's kind of what I was expecting with a different. I didn't realize they were grouped together, or maybe they, it's all just one. But then everybody serves like a different like, I think your community I don't remember. And I think Dawn might be community, too, or 49 00:09:29.193 --> 00:09:35.790 RCCD CAADO 309: okay. And Mike just sent a text saying he'll be here in 10 min, just 50 00:09:36.797 --> 00:09:39.542 RCCD CAADO 309: on part, it's on perfect. 51 00:09:41.990 --> 00:09:53.226 RCCD CAADO 309: So this meeting will be a little bit different than the other ones, because there's some operational stuff at the beginning, and there's no chair pick yet, so that those will be the 1st couple of things. 52 00:09:54.760 --> 00:10:04.639 RCCD CAADO 309: I'll do a little interest, field. We'll get Monica set up and then we'll go through the agenda. You can get people and we'll go through items. 53 00:10:04.780 --> 00:10:06.790 RCCD CAADO 309: is she? Gonna yeah, I'm texting. 54 00:10:13.600 --> 00:10:14.479 RCCD CAADO 309: Oh, yeah. 55 00:10:25.010 --> 00:10:25.790 RCCD CAADO 309: okay. 56 00:10:30.060 --> 00:10:42.690 RCCD CAADO 309: So she's calling all or join. I sent her the information. She was struggling with her laptop so that I said, you could just click on your phone. So, okay. 57 00:10:43.560 --> 00:10:45.009 RCCD CAADO 309: okay, that's market share. 58 00:10:57.060 --> 00:10:59.359 RCCD CAADO 309: Will you do the call to order 59 00:10:59.560 --> 00:11:02.049 RCCD CAADO 309: and bring us into the meeting? Sure. Cool. 60 00:11:03.230 --> 00:11:12.218 RCCD CAADO 309: Okay. Let's call to order. Oh, I'm sorry we got okay. Pledge. 61 00:11:17.500 --> 00:11:29.949 RCCD CAADO 309: I pledge allegiance to the flag of the United States of America and to the Republic for which it stands one nation under God, indivisible with liberty and justice for all. 62 00:11:31.910 --> 00:11:32.295 RCCD CAADO 309: Yep. 63 00:11:34.180 --> 00:11:37.000 RCCD CAADO 309: Do we have anybody on the line for public comment? 64 00:11:37.230 --> 00:11:47.939 RCCD CAADO 309: Do not have any public anybody in the room for public comment to order of the 65 00:11:48.430 --> 00:11:52.469 RCCD CAADO 309: Citizens. Fallen Oversight Committee for Riverside Community College District. 66 00:11:53.850 --> 00:11:56.270 RCCD CAADO 309: My name is Patricia Reynolds. 67 00:11:56.410 --> 00:11:57.949 RCCD CAADO 309: I am. This is Mike. 68 00:11:58.080 --> 00:12:04.169 RCCD CAADO 309: 3rd term. Yes. Well, technically, you're starting over 1st term 1st term, for sure. 69 00:12:05.131 --> 00:12:10.540 RCCD CAADO 309: My name is Cheryl Plumley. I am a member at large. 70 00:12:11.640 --> 00:12:13.770 RCCD CAADO 309: Very good. Jordan Wright, also a member of large 71 00:12:14.470 --> 00:12:17.200 RCCD CAADO 309: Don kindred, also member at large. 72 00:12:18.230 --> 00:12:20.030 RCCD CAADO 309: April graves, student representative. 73 00:12:21.754 --> 00:12:23.330 RCCD CAADO 309: We'll do this stuff 74 00:12:23.450 --> 00:12:32.339 RCCD CAADO 309: after. Okay, let's go ahead and do. Oh, I'm gonna is she on? So if not, I'm not gonna skip this part 75 00:12:34.030 --> 00:12:37.581 RCCD CAADO 309: she's still having technical, difficult thing, so we could remove it at the end. If you want. 76 00:12:38.420 --> 00:12:44.459 RCCD CAADO 309: If Monica is able to join us, we'll stop. We'll allow her to join, and I'll ask her about participation remotely. 77 00:12:45.114 --> 00:12:52.225 RCCD CAADO 309: So you've done intro. Now we can do a call for chair and vice chair. 78 00:12:56.710 --> 00:13:19.000 RCCD CAADO 309: So at some point there's got to be a chair that comes on. You could nominate Monica. It's not really fair, or Mike, he's not here. I think so. We did the last time. I feel like that is what happened last time. 79 00:13:23.610 --> 00:13:29.299 RCCD CAADO 309: Is there a second? A second denomination? Okay, okay, perfect. 80 00:13:31.310 --> 00:13:40.599 RCCD CAADO 309: All those. Okay? Then excellent. I hear the ding. It's gonna be awesome if she walks in. 81 00:13:40.710 --> 00:13:46.310 RCCD CAADO 309: Okay. So now there would need to be a vice chair because he is not here. 82 00:13:48.090 --> 00:13:49.910 RCCD CAADO 309: Share open nominations. 83 00:13:50.230 --> 00:13:52.549 RCCD CAADO 309: I was sure last time, was it, Monica. 84 00:13:58.930 --> 00:14:05.280 RCCD CAADO 309: If somebody also nominate me, I'll be vice chair. I will nominate Patricia. 85 00:14:06.250 --> 00:14:07.710 RCCD CAADO 309: but nobody has to second it. 86 00:14:09.011 --> 00:14:15.020 RCCD CAADO 309: All those in favor any opposed. 87 00:14:16.270 --> 00:14:19.911 RCCD CAADO 309: It is your meeting, man. Okay, let's get started. 88 00:14:21.060 --> 00:14:23.984 RCCD CAADO 309: let's see, we did that. Let's have our 89 00:14:24.540 --> 00:14:27.220 RCCD CAADO 309: overview. Who's gonna get the overview 90 00:14:27.600 --> 00:14:30.321 RCCD CAADO 309: if you don't mind wherever you are. 91 00:14:31.510 --> 00:14:37.869 RCCD CAADO 309: So good afternoon, everyone on behalf of New college district. 92 00:14:38.030 --> 00:14:46.599 RCCD CAADO 309: I'd like to extend my thanks for your membership on the citizens on Site Committee, and that's gonna take time. 93 00:14:46.720 --> 00:14:50.480 RCCD CAADO 309: your time. But it's very important function especially 94 00:14:51.630 --> 00:15:11.879 RCCD CAADO 309: to be able to account to the public. So appreciate it. My name is Aaron Brown, Vice Chancellor of business and financial services. I've been with the district for 26 years. Including in my present position as Vice Chancellor of business and financial services for 12 years. 95 00:15:12.615 --> 00:15:15.870 RCCD CAADO 309: I wanna take a few minutes to introduce my staff. 96 00:15:16.080 --> 00:15:23.777 RCCD CAADO 309: who you'll see almost every single meeting they're in support of this committee and bringing information 97 00:15:24.380 --> 00:15:52.640 RCCD CAADO 309: both on projects and financial activity versus Hussein. He's associate Vice Chancellor of Facilities, planning and development. He's been here for 6 years. 6 years seems like a lot longer than that, with all the things that we have going on. But so his team is responsible for advanced planning and development of our facilities, ensuring compliance with district plan and college facilities, master plans. 98 00:15:53.350 --> 00:15:57.270 RCCD CAADO 309: They manage the planning, development and implementation of District 5 Year capital 99 00:15:57.410 --> 00:16:06.879 RCCD CAADO 309: outlay plan. Obviously the measure C and measure CC program and long term capital facilities program. 100 00:16:08.320 --> 00:16:17.389 RCCD CAADO 309: Next is Misty Griffin. She's over in the corner there. She's district director of business services has been with the district longer than me 101 00:16:17.530 --> 00:16:24.319 RCCD CAADO 309: 29 years. In a variety of different positions. She's currently in her position since 20 102 00:16:24.520 --> 00:16:31.179 RCCD CAADO 309: 22, maybe somewhere around so she's responsible for budget and purchasing 103 00:16:32.640 --> 00:16:45.159 RCCD CAADO 309: and they assist the budgeting team, assist the district in developing the annual budget. Along with many, many other key financial responsibilities. The purchasing team is responsible for 104 00:16:45.350 --> 00:16:53.410 RCCD CAADO 309: the procurement process, including quality goods, services and facility, related best value and low cost, 105 00:16:54.600 --> 00:17:00.700 RCCD CAADO 309: bids, and also adhering to while also adhering to public contract code regulations and board policies. 106 00:17:01.250 --> 00:17:16.200 RCCD CAADO 309: And then next, we have. John Gary, he's our controller. He's been with the district since 2019 2019 years. Okay? Good. So he's responsible for all the accounting services. Function payroll 107 00:17:17.611 --> 00:17:22.619 RCCD CAADO 309: accounts, payable accounts, receivable bookkeeping. 108 00:17:23.597 --> 00:17:46.849 RCCD CAADO 309: inventory missing something. He's also responsible for making sure that our vendors are paid on time, as it relates to to what we do here in this for for this committee but also for arranging for and having oversight of, and then also reporting to this committee for the external audit 109 00:17:46.930 --> 00:18:06.049 RCCD CAADO 309: that's required for both measure C and measure CC. On an annual basis. So you'll see him along with our external auditors, will show up there to present the auto report to this committee. 110 00:18:07.463 --> 00:18:29.449 RCCD CAADO 309: So just a little bit of background on Measure C and measure. CC. These bond funds were designated for the acquisitions on construction, renovation, and modernization of our classrooms, buildings, and other facilities across our campuses. And now our other educational sites. 111 00:18:29.960 --> 00:18:38.680 RCCD CAADO 309: And it's primarily to make sure that we're providing the educational facilities that are needed by our students to complete their educational trips. 112 00:18:41.000 --> 00:18:50.730 RCCD CAADO 309: measure C and measure. CC also provide the local funding so that we can leverage state funding on state approved projects. 113 00:18:51.575 --> 00:18:54.995 RCCD CAADO 309: And I'll get into that just a little bit in a minute. 114 00:18:55.440 --> 00:19:13.270 RCCD CAADO 309: so the way it works for the as far as the accountability for this committee to the public is when we have an authorization, the the electorate has provides an authorization for us to go out and then issue bonds. 115 00:19:13.420 --> 00:19:33.919 RCCD CAADO 309: and when we issue the bonds, then we make assess there are assessments made to the property taxpayers of our district. Who then pay for that, then pays for the debt service, and so we want to make sure to the public that we're accounting for the use of these funds in an appropriate way, and that means that when we were when our board 116 00:19:33.920 --> 00:19:45.359 RCCD CAADO 309: decided to go and put this on the ballot. We made certain commitments to the public on the ballot measure, that we would spend money on certain projects, and it would 117 00:19:45.460 --> 00:19:47.739 RCCD CAADO 309: on certain types of projects as well. 118 00:19:48.240 --> 00:19:52.749 RCCD CAADO 309: So part of the responsibility of this committee is to ensure that that 119 00:19:52.860 --> 00:20:13.089 RCCD CAADO 309: that we're doing, that we're following up those guidelines measure C was designed so that we would not assess more than $18 per 100,000 of assessed valuation to the taxpayers and measure. CC. Was designed so that we would not exceed $19 per 100,000 of assessed valuation. 120 00:20:14.040 --> 00:20:27.629 RCCD CAADO 309: So, as I mentioned, I think the the establishment of the this committee is governed by proposition 39, because we issued bonds under Proposition 39. And so 121 00:20:27.810 --> 00:20:30.469 RCCD CAADO 309: I'll go over some of the primary responsibilities. 122 00:20:30.690 --> 00:20:36.030 RCCD CAADO 309: It's to ensure transparency by informing the public about the expenditure of bond funds. 123 00:20:36.707 --> 00:20:46.372 RCCD CAADO 309: It's to look at the activity that we present to you, and report on and report on the proper expenditure of taxpayers money, as it relates to 124 00:20:46.910 --> 00:20:50.479 RCCD CAADO 309: the construction projects that we have going on 125 00:20:51.231 --> 00:20:58.349 RCCD CAADO 309: to ensure that an annual audit is conducted. Both the financial and the performance audit and that 126 00:20:58.770 --> 00:21:09.260 RCCD CAADO 309: a big part part of this is confirmed that the bond proceeds are used for the purposes that were listed in the bond measure itself, and that we don't spend it on teacher 127 00:21:09.500 --> 00:21:11.930 RCCD CAADO 309: salaries, or administrator salaries. 128 00:21:12.250 --> 00:21:24.280 RCCD CAADO 309: And then, finally, the responsibility of this committee is also, if you have any findings as we're going. As you're going through the process. Your responsibility is to report it to the Board of Trustees and the public. 129 00:21:24.610 --> 00:21:27.320 RCCD CAADO 309: and to highlight any discrepancies or issues. 130 00:21:28.175 --> 00:21:33.959 RCCD CAADO 309: Measure C was approved in 2,004 for 350 million dollars. 131 00:21:34.200 --> 00:21:36.860 RCCD CAADO 309: It's almost fully exhausted 132 00:21:37.730 --> 00:21:47.369 RCCD CAADO 309: our goal, and this. You'll go into this a little bit later is to have it fully expended by the end of this year this fiscal year, which is June 30, th 2020. 133 00:21:48.190 --> 00:21:54.979 RCCD CAADO 309: So that'll relieve one burden hopefully of this committee and we'll be able to focus on this number. CC, going forward. 134 00:21:55.809 --> 00:22:00.610 RCCD CAADO 309: Measure. CC is a 954 million dollar bond authorization. 135 00:22:02.970 --> 00:22:14.089 RCCD CAADO 309: It was approved by the both voters at November 5th 51.58 point 1%. The minimum threshold is 55. So 136 00:22:15.410 --> 00:22:17.069 RCCD CAADO 309: we're glad that it passed. 137 00:22:17.170 --> 00:22:27.030 RCCD CAADO 309: We feel that was a very comfortable margin given where we were when we tried to go for measure a. Not quite as good as measure C, but so it's it's passive. 138 00:22:30.560 --> 00:22:54.479 RCCD CAADO 309: so the way we're doing this project, this measure versus measure. C is going to be a little bit different. And that's primarily because it's been 20 years since we had a bond measure, and we have a lot of built up demand. And what we do as a district is, we file what's called project proposals with the State for various projects that we want to 139 00:22:54.830 --> 00:22:57.542 RCCD CAADO 309: be built on each of our campuses. 140 00:22:58.880 --> 00:23:05.080 RCCD CAADO 309: We've had one project, the Norco Center for human performance and Kinesiology. That's been on the books for a long time. 141 00:23:05.320 --> 00:23:07.649 RCCD CAADO 309: and it was funded 142 00:23:08.660 --> 00:23:21.739 RCCD CAADO 309: basically just awaiting us to have a local match. So we did. They boarded planning working drawings for it. We got money for that we did all the planning for it, and they actually awarded the construction funding. 143 00:23:21.950 --> 00:23:32.300 RCCD CAADO 309: but it was dependent on us having our local match to be able to receive that with the passage of measure. CC, we're now able to do that. That is, gonna be the 1st project out of the gate. 144 00:23:32.430 --> 00:23:39.430 RCCD CAADO 309: Fact, it's starting in July first, st pretty much pretty much July first, st so we are ready to go and hit the ground running. 145 00:23:40.316 --> 00:23:46.449 RCCD CAADO 309: You'll see later the expenditures for measure. CC, 146 00:23:46.900 --> 00:23:50.980 RCCD CAADO 309: well, we've spent a lot. It's primarily on 147 00:23:53.190 --> 00:24:21.560 RCCD CAADO 309: primarily one thing, and that's the corona site. Misty will go over that a little bit more, and I'll add a little bit to that as well. So for Narco, that's the 1st project out of the gate. But we are fortunate also to have projects approved by the State for each of our sites in the next round of funding. We are well, I say, approved. They're in the Governor's budget for approval for this round for this next budget year coming up. 148 00:24:21.650 --> 00:24:30.379 RCCD CAADO 309: And so as long as there's no change we'll have 4 more projects that are gonna be on the books, and those will be done simultaneous. 149 00:24:30.480 --> 00:24:49.389 RCCD CAADO 309: And that's 1 for each college, including our Ben Clark Training Center. So we have for Norco. We have a new library learning center and a library learning center and student services building from college. We have a new library learning center 150 00:24:50.530 --> 00:24:53.989 RCCD CAADO 309: for Riverside City College. We have a cosmetology building. 151 00:24:54.150 --> 00:24:59.079 RCCD CAADO 309: And then for Ben Clark Training Center, we have the Education Building phase 2 a. 152 00:24:59.636 --> 00:25:05.173 RCCD CAADO 309: In addition. Are they redoing the one up on top of the hill. 153 00:25:05.830 --> 00:25:20.270 RCCD CAADO 309: We're planning to demo it. We're not sure we're going to be able to demo it, because there may be some historical significance, maybe historical building now. And we're we're looking into it. Cities? Say, yes, we're gonna verify that. And then we'll figure out what we're gonna do. 154 00:25:20.910 --> 00:25:29.180 RCCD CAADO 309: Problem is we need it for parking. It's a it's an aerial building that has a hazardous materials issues with it. 155 00:25:29.350 --> 00:25:34.260 RCCD CAADO 309: It's 1 of the reasons we haven't rehabbed it, because the rehab is extraordinarily expensive. 156 00:25:34.540 --> 00:25:40.258 RCCD CAADO 309: so that remains to be seen what we do. But we'll have to come to a decision fairly fairly soon on what we're gonna do with that? 157 00:25:42.540 --> 00:25:48.530 RCCD CAADO 309: In addition. We have the Inland Empire Technical Trade Center 158 00:25:49.270 --> 00:25:56.870 RCCD CAADO 309: that's located in the city of River Valley. We have purchased land through a earmark that was provided to us by the State. 159 00:25:57.160 --> 00:26:12.549 RCCD CAADO 309: that is, gonna be pretty much on the same timeline as all the rest of these projects that one will be entirely funded through, though through measure. CC. The other projects I mentioned have a combination state and measure. CC. Involvement. 160 00:26:14.100 --> 00:26:19.270 RCCD CAADO 309: The other. There's another project that we have going on. I'm worried about. College is a stem building 161 00:26:19.620 --> 00:26:40.430 RCCD CAADO 309: that one does not qualify points wise for state funding, but they have a need for it, and so we are planning to still submit it to the States. See if we can improve the scoring. See if we can garner some state money. But if we don't, we're going to move ahead and build that building using measure. CC money 100. 162 00:26:41.100 --> 00:26:44.280 RCCD CAADO 309: And then we have a corona site. 163 00:26:44.754 --> 00:26:54.630 RCCD CAADO 309: And you'll see this is the one I was talking about. This is where we have. We have entered into a purchase sale agreement for that site the corner of the Park bridge in Maine 164 00:26:55.084 --> 00:27:13.559 RCCD CAADO 309: To build that site out, but it was dependent on us having the funding to be able to make the purchase we measure CC. Pass. We now have money to purchase it, and so we will be developing that site. That one probably has a little bit longer time horizon, because there needs to be a little bit more planning that goes into it. So 165 00:27:13.730 --> 00:27:17.619 RCCD CAADO 309: that'll take a little bit more time than the site at City Group about. 166 00:27:17.980 --> 00:27:21.570 RCCD CAADO 309: and then, finally, we were notified that 167 00:27:21.820 --> 00:27:24.830 RCCD CAADO 309: Rcc. Has also been approved for Apply Tech 168 00:27:25.100 --> 00:27:30.339 RCCD CAADO 309: to be submitted in the next round of funding which would be next June. 169 00:27:30.530 --> 00:27:37.289 RCCD CAADO 309: Well, actually, probably January, the January government budget that comes out in 2026. 170 00:27:38.060 --> 00:27:40.020 RCCD CAADO 309: That's a huge project. 171 00:27:40.620 --> 00:27:44.953 RCCD CAADO 309: so with that, that pretty much assumes all of the measures you might 172 00:27:46.350 --> 00:27:52.120 RCCD CAADO 309: There is some pieces of it left to help pro- program, management and so forth. But 173 00:27:52.240 --> 00:27:56.550 RCCD CAADO 309: that's a lot different than how we ran the measure. C program measure C program. 174 00:27:56.991 --> 00:28:02.430 RCCD CAADO 309: There was a lot more there was. We were 3 colleges for one, and we didn't have an approved center. 175 00:28:02.590 --> 00:28:06.459 RCCD CAADO 309: So the the projects were a little bit more spread out. 176 00:28:07.027 --> 00:28:11.639 RCCD CAADO 309: You couldn't really apply for state funding for projects unless you had an approved center. 177 00:28:12.690 --> 00:28:23.200 RCCD CAADO 309: And it was a little bit different funding formula at the time, and also the State money wasn't available to be able to do some of these projects in such a rapid fashion. But 178 00:28:23.940 --> 00:28:26.450 RCCD CAADO 309: with the approval of all of these projects. 179 00:28:26.610 --> 00:28:29.694 RCCD CAADO 309: now we're ready to hit the ground running. So 180 00:28:32.120 --> 00:28:35.872 RCCD CAADO 309: the only other thing I had to say is, 181 00:28:38.620 --> 00:28:42.849 RCCD CAADO 309: typically what we do. And I saw on the agenda, there's a you're gonna have a 182 00:28:43.130 --> 00:28:57.109 RCCD CAADO 309: a a session on. Okay, I would also recommend that we maybe get on counseling here to do a a session on roles and responsibilities. We typically do that with 183 00:28:57.690 --> 00:29:09.120 RCCD CAADO 309: new, we have a new membership. So we probably have them do. Zoom. Yeah, if they probably be willing to come and do it in person. 184 00:29:09.390 --> 00:29:13.300 RCCD CAADO 309: But with that that's kind of a a brief background. Yes. 185 00:29:13.960 --> 00:29:21.180 RCCD CAADO 309: I'd like to take a pause real quick. Because we have a member joining remotely 186 00:29:21.290 --> 00:29:23.599 RCCD CAADO 309: and hopefully. Monica, can you hear me? 187 00:29:38.770 --> 00:29:41.150 RCCD CAADO 309: So I'm taking the action. That 188 00:29:46.196 --> 00:29:49.460 RCCD CAADO 309: can you hear me. 189 00:29:49.850 --> 00:29:51.539 19517330780: Yes, I can hear you. 190 00:29:52.395 --> 00:30:00.720 RCCD CAADO 309: Gonna ask very specific question, board member Dougavlores, please state your reason for appearing remotely. 191 00:30:02.200 --> 00:30:11.296 19517330780: Oh, my gosh! Oh, it's 1 thing afternoon I have medical issues right now. I'm not able to walk very well. 192 00:30:12.370 --> 00:30:14.249 RCCD CAADO 309: That's that's perfect. Thank you, Monica. 193 00:30:14.390 --> 00:30:15.190 RCCD CAADO 309: This is those any. 194 00:30:15.190 --> 00:30:16.360 19517330780: You're welcome. 195 00:30:16.650 --> 00:30:17.570 RCCD CAADO 309: It's disclose any. 196 00:30:17.570 --> 00:30:18.710 19517330780: No nobody. 197 00:30:19.910 --> 00:30:20.260 RCCD CAADO 309: Perfect. 198 00:30:20.260 --> 00:30:21.169 19517330780: It's just me. 199 00:30:21.520 --> 00:30:24.589 RCCD CAADO 309: Okay. Awesome. Thank you. And then 200 00:30:26.358 --> 00:30:33.391 RCCD CAADO 309: we also wanna represent acknowledge. Member Ball is here, and you are now the chair. 201 00:30:35.150 --> 00:30:49.029 RCCD CAADO 309: When they took action. I wasn't joking in my text. You I feel like it happened to you last time. 202 00:30:49.190 --> 00:31:00.950 RCCD CAADO 309: Now, if you want to ask for any questions, wheeler 203 00:31:01.490 --> 00:31:06.840 RCCD CAADO 309: the football stadium. Oh, we lock we lock. Yeah. Yeah. Because 204 00:31:07.160 --> 00:31:18.890 RCCD CAADO 309: I thought last year we we said that if the bond passed that we were gonna try. And because it means obviously the facilities are, you know, you got the field. But the facilities are 19 forties. 205 00:31:19.320 --> 00:31:26.570 RCCD CAADO 309: That locker room is no, and I completely agree with you. So that 206 00:31:27.230 --> 00:31:32.899 RCCD CAADO 309: because we have these, all these state approved projects, and because they are so prohibitively expensive. 207 00:31:33.496 --> 00:31:43.660 RCCD CAADO 309: and we have 2 black brand new sites that we're developing. There's not enough funding to be able to cover any kind of renovation to 208 00:31:44.030 --> 00:31:48.969 RCCD CAADO 309: at this point. Yeah. So unless one of these projects falls up, which we're not expecting. 209 00:31:49.110 --> 00:31:52.099 RCCD CAADO 309: It's just there's not enough funding to. 210 00:31:53.650 --> 00:31:58.750 RCCD CAADO 309: Okay. So and that wasn't actually, when we went to the that wasn't part of the 211 00:31:59.050 --> 00:32:03.040 RCCD CAADO 309: or commitment to the public 212 00:32:03.260 --> 00:32:24.360 RCCD CAADO 309: when we were going out and looking for their support. We didn't identify New York State as a project that we were pushing forward. I just remember last year we talked about it. You said it would probably be in the bond. Yeah, we thought it would. We thought it would, but it is. It is in the measure that we could do. But when you look at all the state projects. 213 00:32:29.070 --> 00:32:35.930 RCCD CAADO 309: if if there's if there's a change of opportunity for the State to fund these projects, 214 00:32:38.020 --> 00:32:50.020 RCCD CAADO 309: and how- how we're gonna have to delay them, take them out of the bond opportunities on, so 215 00:32:50.520 --> 00:32:54.439 RCCD CAADO 309: the only one I could foresee. It's falling out. 216 00:32:56.970 --> 00:33:00.300 RCCD CAADO 309: Apply ticket, Rcc. And that's only because 217 00:33:00.470 --> 00:33:15.809 RCCD CAADO 309: it hasn't even been submitted to the Department of finance. They haven't gone through their process for recommendation. It hasn't been been put forward by the Governor yet as a as a project. All the rest of the projects have been put forward. 218 00:33:16.120 --> 00:33:21.049 RCCD CAADO 309: with the exception of Iettc, which has been, you know, in the plan and in the works 219 00:33:21.630 --> 00:33:27.139 RCCD CAADO 309: for 3 years now, and Corona has been in a couple. Been in divorce for a couple of years. 220 00:33:27.360 --> 00:33:36.780 RCCD CAADO 309: so that's the only one that I can see possibly calling out. But we'll have to wait and see until next year in January. Whether or not it gets approved. 221 00:33:37.060 --> 00:33:38.160 RCCD CAADO 309: Otherwise. 222 00:33:38.430 --> 00:33:42.920 RCCD CAADO 309: Yeah, we're starting. We're starting down the path. We're waiting for the Governor to, or the 223 00:33:43.130 --> 00:33:47.040 RCCD CAADO 309: State to approve the budget before the end of June. 224 00:33:47.170 --> 00:33:51.179 RCCD CAADO 309: Once that happens, we have funding to charge ahead with all the rest of the project. 225 00:33:52.580 --> 00:33:57.879 RCCD CAADO 309: Those will be different than see, because you're gonna have all the money spent in 226 00:33:58.630 --> 00:34:05.130 RCCD CAADO 309: early years. Yeah. So we're we're looking 5 to 6 years will be pretty much exhausted. 227 00:34:05.760 --> 00:34:17.719 RCCD CAADO 309: Yeah, it's just they all happen to. I mean, it's a great thing that all these things were backed up, and they're all scored well enough to get approved. But, man, it is a huge amount of work, all occurring at the same time. 228 00:34:19.770 --> 00:34:20.939 RCCD CAADO 309: Yeah, the same 229 00:34:21.650 --> 00:34:46.359 RCCD CAADO 309: you look at. Look at his hair now. His office has a big load. It's also, and John's as well, because it all works together. As far as you know, all the transactions and everything that have to occur, all the contracting that has to occur. 230 00:34:46.957 --> 00:34:51.730 RCCD CAADO 309: Yeah, it's just we'll be. We'll be drinking from the fire hose for. 231 00:34:54.659 --> 00:34:56.459 RCCD CAADO 309: but on the good side you might not. 232 00:34:56.670 --> 00:35:04.079 RCCD CAADO 309: You might not have to have this committee for all that much longer instead of 20, or there'll be 6. 233 00:35:05.190 --> 00:35:11.020 RCCD CAADO 309: So yeah, we'll we'll we are definitely hit the hitting the ground. 234 00:35:17.490 --> 00:35:18.190 RCCD CAADO 309: Sure. 235 00:35:19.557 --> 00:35:23.672 RCCD CAADO 309: Printed it. It's still on the printer. 236 00:35:25.102 --> 00:35:27.790 RCCD CAADO 309: Okay, approval of minutes. 237 00:35:29.740 --> 00:35:32.490 RCCD CAADO 309: So we're gonna need roll call votes on everything. 238 00:35:39.680 --> 00:35:43.539 RCCD CAADO 309: Do I hear a motion to approve? 239 00:35:43.740 --> 00:35:44.909 RCCD CAADO 309: Wait a second. 240 00:35:46.570 --> 00:35:49.259 RCCD CAADO 309: Don't have to be here tomorrow. 241 00:35:52.808 --> 00:35:55.960 RCCD CAADO 309: I can do it. 242 00:35:55.960 --> 00:35:56.710 19517330780: Okay. 243 00:35:56.710 --> 00:35:59.730 RCCD CAADO 309: I flores. 244 00:36:00.910 --> 00:36:01.610 19517330780: Air. 245 00:36:02.508 --> 00:36:04.979 RCCD CAADO 309: It's a yes or no on the minutes. 246 00:36:05.960 --> 00:36:07.040 19517330780: Oh yes! 247 00:36:08.200 --> 00:36:11.749 RCCD CAADO 309: Jordan. Are you sure we don't have to have been here? 248 00:36:12.030 --> 00:36:16.669 RCCD CAADO 309: You can abstain like that would be my intention to it. That's fine. Okay, I understand. 249 00:36:17.200 --> 00:36:18.100 RCCD CAADO 309: Yes. 250 00:36:22.090 --> 00:36:22.940 RCCD CAADO 309: yes. 251 00:36:23.150 --> 00:36:24.120 RCCD CAADO 309: Is that all? 252 00:36:25.091 --> 00:36:31.193 RCCD CAADO 309: Think the- the was kindred and lonely? Yes, Gotcha, thank you. 253 00:36:31.910 --> 00:36:32.670 19517330780: Basic. 254 00:36:34.875 --> 00:36:36.130 RCCD CAADO 309: Okay. 255 00:36:39.610 --> 00:36:40.300 RCCD CAADO 309: that's okay. 256 00:36:41.900 --> 00:36:43.469 RCCD CAADO 309: Yeah, that's okay. 257 00:36:43.580 --> 00:36:51.305 RCCD CAADO 309: Okay, do measure. CC, financial update. Okay? Can I ask, can you go back to the agenda? 258 00:36:54.180 --> 00:36:57.309 RCCD CAADO 309: Can I ask if we can 259 00:36:58.060 --> 00:37:04.110 RCCD CAADO 309: change the order so that we deal with 10 a. 260 00:37:04.300 --> 00:37:07.450 RCCD CAADO 309: Then Tennessee, and then 10 B. 261 00:37:09.180 --> 00:37:10.450 RCCD CAADO 309: It's 9. 262 00:37:11.319 --> 00:37:16.219 RCCD CAADO 309: Let me look at my, I'm sorry. That's 7, 8, 263 00:37:16.550 --> 00:37:23.209 RCCD CAADO 309: 7 B and 7 C, but take A, then C, then B, 264 00:37:23.940 --> 00:37:39.629 RCCD CAADO 309: okay for moving forward, or for this meeting that would be moving forward. The reason why is because they're connected. So C and A are together. So essentially, B is separate. So okay. 265 00:37:40.430 --> 00:37:44.299 RCCD CAADO 309: okay, with that, I will have Misty. Go ahead and walk us through the report. 266 00:37:45.180 --> 00:37:52.599 RCCD CAADO 309: Good afternoon. Good to see everybody's faces from last time, and see new ones as well. So welcome aboard 267 00:37:53.050 --> 00:37:53.980 RCCD CAADO 309: alrighty. 268 00:37:54.180 --> 00:38:09.260 RCCD CAADO 309: So what we have in front of us right now is the Project Summary Board. It is a summary of activities through April since our last meeting in October. It reviews any kind of financial transactions that may happen in this time period. 269 00:38:09.980 --> 00:38:19.239 RCCD CAADO 309: As you can see, we've highlighted any kind of changes over the last meeting that we had. So anything that's highlighted in yellow is different from the October minutes. 270 00:38:19.760 --> 00:38:36.420 RCCD CAADO 309: We have had a reduction of cash on hand in the amount of about 3.4 5 million dollars. This is mainly due to the expenditures for the student Services Welcome Center Project at Valley College, plus some smaller other payments going out, such as staffing. 271 00:38:38.090 --> 00:39:01.889 RCCD CAADO 309: The next thing we see underneath the project commitment and proposed projects, we see that the completed projects has increased by about 5.7 million dollars, and this is due to 2 projects being moved from the in progress projects up to the completed projects, and those 2 projects are the scheduled maintenance match project as well as the normal fuel cell match. 272 00:39:01.890 --> 00:39:10.530 RCCD CAADO 309: And the reason why these 2 projects are being moved from in progress to completed is because one we no longer have a required match for scheduled maintenance. 273 00:39:10.920 --> 00:39:16.034 RCCD CAADO 309: and 2 the fuel cell we are awaiting rebates which will not be realized 274 00:39:18.790 --> 00:39:43.800 RCCD CAADO 309: moving on to the in progress reports. This has been decreased by about 6.2 2 million dollars, and this is again due to those 2 projects being moved from the in progress to completed. But in addition to that, we've added the Anatomy and Physiology and Organic Chemistry Lab Project from at Marina Valley. We've added that to the list. So that's increased that particular line. Item. 275 00:39:44.660 --> 00:39:54.400 RCCD CAADO 309: As for the contingency, this one has increased by about $60,000. And this is due to the interest reconciliation which was taken to the Board in February. 276 00:39:55.350 --> 00:40:05.459 RCCD CAADO 309: Now a little bit more. 277 00:40:06.270 --> 00:40:23.329 RCCD CAADO 309: Oh, much nicer. Thank you. Okay? So we have on. This report is we have other funding which has been allocated towards these projects. And what you'll see if you go scroll down a little bit now until we get to the yellow one. 278 00:40:23.700 --> 00:40:26.717 RCCD CAADO 309: I'll highlight it on. Okay. So you're gonna see a little bit more. 279 00:40:27.210 --> 00:40:44.489 RCCD CAADO 309: Just so what we're seeing is we're seeing some highlighted items that you keep on going. These are changes in the non measure c funding for these particular items. Now. We see 280 00:40:44.490 --> 00:41:00.629 RCCD CAADO 309: quite a bit here, but 2 of those that we see particularly are due to one scheduled maintenance match being moved from one. Excuse me, grouping to another, but it also has to do with the addition of the Anatomy and Physiology. Organic Chemistry Lab 281 00:41:00.710 --> 00:41:03.029 RCCD CAADO 309: Project at Reno Valley College. 282 00:41:04.130 --> 00:41:33.109 RCCD CAADO 309: That's why you see this particular column being highlighted as well, even though we're talking about measure. C, yeah. So there. So what you'll see, or what you if you go back and look at some of these projects on Measure C. But what you'll also see going forward is Measure C, and that column will be the match from the contribution from the State. That's why I think there's what 100. Yeah. So in measure C, we've had a number of state projects where we 283 00:41:33.310 --> 00:41:34.500 RCCD CAADO 309: leverage 284 00:41:34.760 --> 00:41:59.669 RCCD CAADO 309: that resource. I mean that that source of funding we also had. Like the aquatic center, we had a contribution from both the county and the city of Riverside, so that would show up in there the organic chemistry and anatomy and Physiology project that has redevelopment, redevelopment increment that's matching against the measure of C mine that we're putting in that project. 285 00:42:03.270 --> 00:42:06.719 RCCD CAADO 309: So that concludes my report. Are there any questions? 286 00:42:12.990 --> 00:42:14.990 RCCD CAADO 309: Move on to the 20? 287 00:42:21.800 --> 00:42:34.089 RCCD CAADO 309: Okay, so this particular, this is the capital program executive summary report lovingly known as a Cpass report. And this reflects any kind of budgetary changes that occurred between October and April. 288 00:42:34.700 --> 00:42:56.010 RCCD CAADO 309: I know you see a lot of yellow. Here, let's focus on that last line because it is a summation of what's happening project. So what we see on this last line is, we see, an increase of about 1.1 million dollars from the last report that we had, and some of this is due to the income distribution in the amount of $440,000. 289 00:42:56.600 --> 00:43:12.180 RCCD CAADO 309: But we also have the closing out of some work projects in the amount of $776,000, which again went to the February board. This includes, of course, the scheduled maintenance match project as well as the normal fuel cell and some staffing budget reconciliations. 290 00:43:12.790 --> 00:43:20.969 RCCD CAADO 309: This also includes the addition, again, of the Anatomy and Physiology. Organic Chemistry Lab Project at Merino Valley College. 291 00:43:21.780 --> 00:43:30.949 RCCD CAADO 309: Now the plan is, as Uc. Brown stated, the plan is to have this budget fully expended by fiscal year round. 292 00:43:31.140 --> 00:43:40.370 RCCD CAADO 309: and the plan. This will be done by applying allowable expenditures that were expended under other fundings and apply them to the measure. C. Funding 293 00:43:42.870 --> 00:44:08.790 RCCD CAADO 309: again, if you could scroll down. This is just the measure C, but again, just like the other one that we saw. Okay, here, this column, right here. This is again, non measure c funding, just like in the other one that we just saw. If you scroll down you'll see some highlighted items. Here we go. So in this particular column we do see some changes to the non measure. C. Budget. And this is mainly due again to the 294 00:44:09.060 --> 00:44:14.549 RCCD CAADO 309: Anatomy and Physiology and Organic Chemistry Lab Project at Mura Valley College. 295 00:44:15.360 --> 00:44:19.409 RCCD CAADO 309: and that concludes my report. Unless you have any questions 296 00:44:20.540 --> 00:44:24.740 RCCD CAADO 309: so moving forward, we've we've been talking internally about 297 00:44:25.110 --> 00:44:28.930 RCCD CAADO 309: value of having both project summary report and 298 00:44:29.170 --> 00:44:34.519 RCCD CAADO 309: what we call them cpus report for measure CC projects, and 299 00:44:34.780 --> 00:44:40.340 RCCD CAADO 309: the reason why? Because measure was sorry measure. C was handled differently to start. 300 00:44:40.410 --> 00:45:07.759 RCCD CAADO 309: We we started with gangbusters, with Rcc. Projects, and then Norco had quite a few projects, and Rino Valley was kind of baggy, and so there came a point of time where we said we got to really kind of regroup on this to make sure that all the colleges are treated equitably, as far as the amount of funding they get and the projects that they can that will occur on each of their each of their sites. So we regrouped on that. We actually 301 00:45:07.920 --> 00:45:25.579 RCCD CAADO 309: prepared this report as a supplement to our financial report to show what has actually been committed to a variety of different things. And because we have, you look at the laundry list of items that we spent for Measure C, Major, CC is not going to be like that. We're gonna have a few projects 302 00:45:25.580 --> 00:45:47.576 RCCD CAADO 309: at each college center, and then we'll have the Corona and Iett site, and then we'll have some secondary effects projects that go along with it. So much smaller list. We'll be able to have everything that's on here, basically on the project. Yeah, project summer report. So we only need one. 303 00:45:48.020 --> 00:45:54.900 RCCD CAADO 309: So, moving forward, you won't see this separate report from you will continue to see it from until 304 00:45:54.970 --> 00:45:55.993 RCCD CAADO 309: we're finished with this. 305 00:46:04.850 --> 00:46:06.320 RCCD CAADO 309: Thank you. All right. 306 00:46:06.510 --> 00:46:22.090 RCCD CAADO 309: So this we're back to the one you saw initially. But this is for the measure. CC. Money. So this is the Project Commitment summary report for the measure. CC. Money. And again, this is going to reflect any kind of financial transactions that happened since the last time, and of course that's everything, since we just got the money. 307 00:46:22.630 --> 00:46:45.109 RCCD CAADO 309: So, as BC. Brown stated, we were approved for 954 million dollars. Our 1st issuance is in the amount of 205 million dollars. I know you're focusing right in on that 203 right there at the very, very top. And the reason why there's a difference between those 2 numbers is because we still are in the process of reconciling the escrow expenses. Once I get done, you'll see the 2 0. 5 there. 308 00:46:45.900 --> 00:47:07.319 RCCD CAADO 309: Now. As for the cash on hand, it's at 183 million dollars. And this is because of the difference between the issuance of the 203 which we're seeing. Now go up to the 205 later. But it also is the difference between the issuance and the purchase of the land in the Corona Center at Parkridge and Maine, in the amount of 19.9 million dollars, which we'll see shortly. 309 00:47:08.310 --> 00:47:12.620 RCCD CAADO 309: So if you can scroll down now. 310 00:47:12.810 --> 00:47:32.889 RCCD CAADO 309: as you may notice, there is no budget information on this page. So it has been our practice not to take a budget resolution this close or in into our budget cycle which we are currently in, and we will be taking care of this, or we'll be applying the budget 311 00:47:33.210 --> 00:47:36.790 RCCD CAADO 309: are including it in our adopted budget. September 312 00:47:37.650 --> 00:47:42.185 RCCD CAADO 309: 25, only a dollar 25, and 313 00:47:43.230 --> 00:47:52.589 RCCD CAADO 309: as you can see, this is the one purchase. So that's it for this one. Any questions. 314 00:47:52.990 --> 00:47:55.280 RCCD CAADO 309: We're planning to take a 315 00:47:55.880 --> 00:48:06.590 RCCD CAADO 309: 4 reports to the Board to identify each of the projects that I mentioned when I was sitting here that are going to be associated with measure. CC, we're planning on doing that. In August. 316 00:48:06.670 --> 00:48:27.909 RCCD CAADO 309: however, they, the once the board, adopts the final budget for this next year in September. That's when this information will then be input, into here and we'll update it for expenditures and to date, and we'll update the budget as well. Just a little bit. If you go back to the 1st page of that 317 00:48:31.270 --> 00:48:33.500 RCCD CAADO 309: of that report. Yeah, that report, too. 318 00:48:35.050 --> 00:48:47.269 RCCD CAADO 309: Yeah. So just a little bit of information on the series. The 1st issuance. So we happen to hit the market at a perfect time. 319 00:48:47.997 --> 00:48:52.829 RCCD CAADO 309: We were the only municipal offering at that point. 320 00:48:53.885 --> 00:49:02.154 RCCD CAADO 309: None of the turmoil of the Feds had happened at that point so we were actually, we were actually able to 321 00:49:03.590 --> 00:49:08.740 RCCD CAADO 309: garner orders from a 205 million dollar issue of 7 times that amount. 322 00:49:08.860 --> 00:49:15.300 RCCD CAADO 309: because we're the only player in the in town, and what effectively that does is lowers, lowers the cost of issuance. 323 00:49:15.640 --> 00:49:20.949 RCCD CAADO 309: And so we were about half a base, about a half a basis point lower than 324 00:49:21.210 --> 00:49:30.684 RCCD CAADO 309: just a week later. So not any real great planning on our part, as far as that. It just so happened that the timing worked out perfectly for us. And 325 00:49:32.220 --> 00:49:44.460 RCCD CAADO 309: you mean 50 basis points. Right? I'm sorry. 50 basis points. Sorry. So yeah, we were able to really 326 00:49:45.150 --> 00:49:52.170 RCCD CAADO 309: work out well, with that persistence I don't anticipate. That's probably gonna happen moving forward. But you never know. 327 00:49:52.870 --> 00:49:59.675 RCCD CAADO 309: we probably aren't right now. We're we're working out because we have so many projects going on at the same time. 328 00:50:00.640 --> 00:50:04.689 RCCD CAADO 309: I've been talking with our financial advisor about our bonding capacity 329 00:50:04.900 --> 00:50:13.620 RCCD CAADO 309: because you have this much going on. At the same time, we wanna make sure that our the scenarios that we ran 330 00:50:13.760 --> 00:50:36.299 RCCD CAADO 309: on 954 million dollars of issuance. We really have planned that maybe 10 plus years for that issue, those issuance to occur. Now, it looks like it's going to be compressed more into like 6 year time period, and as long as AV. Continues to grow at the same level that it has, we're going to be fine. If not, then we're going to have to regroup a little bit on on 331 00:50:36.400 --> 00:50:44.974 RCCD CAADO 309: the timing of our assurances. It's just we have so much, so much volume of work going on at the same time, and we need cash to be able to do it. 332 00:50:45.650 --> 00:50:52.530 RCCD CAADO 309: we're hoping that the market and the the AV values increase at the expected rates so that we can. 333 00:50:57.475 --> 00:51:01.375 RCCD CAADO 309: Okay, thank you. Misty. 334 00:51:02.020 --> 00:51:02.680 RCCD CAADO 309: Yeah. 335 00:51:05.290 --> 00:51:07.131 RCCD CAADO 309: Okay, that was number 7. 336 00:51:12.582 --> 00:51:16.887 RCCD CAADO 309: good afternoon. 337 00:51:19.420 --> 00:51:24.140 RCCD CAADO 309: Since last time we met we have 5. 338 00:51:25.584 --> 00:51:35.899 RCCD CAADO 309: The 1st one in December. Actually, the board approved 3.9 million for the transfer. 339 00:51:36.260 --> 00:51:45.230 RCCD CAADO 309: Currently, like college size and technological thing does not. 340 00:51:46.160 --> 00:51:54.869 RCCD CAADO 309: you know, forces the student to go somewhere else, city, college, or local college, to take those classes in order to complete their certification. 341 00:51:55.040 --> 00:52:05.359 RCCD CAADO 309: So this project and the renovation or reconfiguration of one of the classrooms to organic chemistry will enable the college and their student to complete the program. 342 00:52:05.640 --> 00:52:07.600 RCCD CAADO 309: I'm just saying, I'm just hoping. 343 00:52:08.380 --> 00:52:16.670 RCCD CAADO 309: as I mentioned the 2.9 million. That's the total Project budget with 2 phases, and we are currently under construction. 344 00:52:17.140 --> 00:52:24.040 RCCD CAADO 309: The goal is to open this project by the fall. So we have students on seats starting. 345 00:52:24.350 --> 00:52:29.989 RCCD CAADO 309: Oh, this year, next 1, 8, 4, 15. 346 00:52:33.440 --> 00:52:49.640 RCCD CAADO 309: All right. Actually, it's on this one a little bit. We have a state funded project which is the Norco College center for human performance and kinesiology. This is about, you know, 5, 55,000 square footage. 347 00:52:50.350 --> 00:53:05.070 RCCD CAADO 309: and, as I mentioned, we received the funding 2 years ago and completed the design, and we are currently in the procurement to get Construction Company 348 00:53:05.190 --> 00:53:16.069 RCCD CAADO 309: by June 4th in February we engaged construction management firm, 1.3 million. 349 00:53:16.250 --> 00:53:25.010 RCCD CAADO 309: This project has couple of secondary effect, and the construction services include managing those 2 secondary not significantly. 350 00:53:26.040 --> 00:53:32.209 RCCD CAADO 309: One of the secondary effect would be to demo an existing building which is packed building 351 00:53:32.770 --> 00:53:39.829 RCCD CAADO 309: of which that program needs to be relocated somewhere else, and it will be relocated. 352 00:53:40.790 --> 00:53:49.259 RCCD CAADO 309: College and the other security effect will be to upgrade an existing chiller system. 353 00:53:49.810 --> 00:53:57.453 RCCD CAADO 309: We'll support this upcoming moment or cool engine or computer next time. 354 00:54:01.181 --> 00:54:18.449 RCCD CAADO 309: This is also this will report also related to the Medina Valley organic chemistry lab as we speak, and we engage construction manager boots on ground to manage the project. 355 00:54:20.240 --> 00:54:21.779 RCCD CAADO 309: Don't know. 356 00:54:35.040 --> 00:54:36.080 RCCD CAADO 309: Find it so now. 357 00:54:44.160 --> 00:54:56.110 RCCD CAADO 309: right as I mentioned, for the North Coast Center for human performance. We engage a construction manager in one of them for 358 00:54:56.350 --> 00:54:58.329 RCCD CAADO 309: company. Help us to 359 00:54:58.530 --> 00:55:04.870 RCCD CAADO 309: start the procuring process. And one thing we have done is we always have to qualify general contractors. 360 00:55:05.890 --> 00:55:19.250 RCCD CAADO 309: This project will be total will be about 62 plus 1 million construction is about 52 million. So significant investment. And we wanna make sure, like we have the right contractor to. 361 00:55:19.420 --> 00:55:21.690 RCCD CAADO 309: you know, construct a project. 362 00:55:21.880 --> 00:55:36.970 RCCD CAADO 309: So this more report authorizes authorize us to resolution to pre qualify complexes for this one so excellent. 363 00:55:39.690 --> 00:55:52.249 RCCD CAADO 309: this one. Actually, we've done the clarification and slide and process. We selected one more. 364 00:55:52.780 --> 00:56:01.209 RCCD CAADO 309: Why contractors who are going to be actual project demonstrated their financial capacity. 365 00:56:01.750 --> 00:56:14.189 RCCD CAADO 309: their experience. And we have quite 5 times, okay, a successful leader. 366 00:56:21.570 --> 00:56:33.829 RCCD CAADO 309: Just to give you a little bit update about the Major C project student services the projection and actually occupied 367 00:56:41.708 --> 00:56:47.806 RCCD CAADO 309: this one moving forward was the last one investment, for 368 00:56:50.690 --> 00:56:56.350 RCCD CAADO 309: on the organic chemist for that. But we discussed this a little bit. So the project 369 00:56:58.640 --> 00:57:03.700 RCCD CAADO 309: and Economical College, we're gonna start construction July first.st 370 00:57:06.460 --> 00:57:07.990 RCCD CAADO 309: We'll help them to try. 371 00:57:08.810 --> 00:57:09.580 RCCD CAADO 309: Nice. 372 00:57:10.280 --> 00:57:14.170 RCCD CAADO 309: That is cool, easier construction. 373 00:57:21.390 --> 00:57:23.003 RCCD CAADO 309: Thank you. 374 00:57:32.370 --> 00:57:36.670 RCCD CAADO 309: Okay. Number 9, business from committee members. 375 00:57:38.200 --> 00:57:40.429 RCCD CAADO 309: Okay, discuss. 376 00:57:41.750 --> 00:57:57.330 RCCD CAADO 309: We've been meeting right now. The committee has a meeting on a quarterly basis. We did 6 months for the last one, just because we had one project left on C right. But that load that they're talking about. We probably need quarterly right quarterly. 377 00:57:57.922 --> 00:58:00.369 RCCD CAADO 309: You are not obligated to do more than one a year. 378 00:58:00.800 --> 00:58:03.959 RCCD CAADO 309: We are obligated by the bylaws to do at least one meeting annually. 379 00:58:04.180 --> 00:58:04.860 RCCD CAADO 309: Right. 380 00:58:06.490 --> 00:58:11.159 RCCD CAADO 309: Traditionally, this group is met quarterly. And it's 381 00:58:11.380 --> 00:58:33.530 RCCD CAADO 309: we would book it out and schedule it. So if that's the will of the collective, we can continue that if you want to meet us that, just it's like a little more on us, on staff for heavier meetings. But it's a pleasure of the group, but they're usually an hour, and we meet usually on a Wednesday at 3 in here, but whatever it is, the second 382 00:58:34.110 --> 00:58:39.806 RCCD CAADO 309: beat, number 13, Thursday, Wednesday, they all run. 383 00:58:41.390 --> 00:58:51.260 RCCD CAADO 309: But it is Thursday if you are correct. Thank you, my dear. Anyway, would you guys want to keep the same? Oh, sorry 384 00:58:52.260 --> 00:59:03.270 RCCD CAADO 309: as you're considering. Schedule is a different day better for you. No day is fine, though, is sort of critical, as we're getting through the audit. 385 00:59:03.910 --> 00:59:08.560 RCCD CAADO 309: If we could make a request to have a 1 of your meetings occur in October. 386 00:59:08.880 --> 00:59:21.800 RCCD CAADO 309: I think that's where it is. Yeah. July, October. Yes, that way we can. Once the audit is finished, we can present it, and then we'll stay on schedule to also present to the Board of trustees. That's a good time, then. Okay? 387 00:59:22.450 --> 00:59:24.819 RCCD CAADO 309: Other than that. I think we're we're 388 00:59:25.070 --> 00:59:38.820 RCCD CAADO 309: okay. Is it? Anybody have an objection to that? Yeah, that's what we 389 00:59:38.970 --> 00:59:41.139 RCCD CAADO 309: been doing for the last few years. 390 00:59:44.180 --> 01:00:07.986 RCCD CAADO 309: It's usually the second Thursday. We've had one or 2 projects for the last year. So those meetings are really good. 391 01:00:09.500 --> 01:00:20.356 RCCD CAADO 309: If she gets up and goes, there's 4 yellow lines. Those are her favorite. 392 01:00:21.940 --> 01:00:38.220 RCCD CAADO 309: Okay? So that we'll just stay on the January. Can I have a motion to have our meeting scheduled out for January, April, July October second Thursday, 3 o'clock 393 01:00:38.340 --> 01:00:40.489 RCCD CAADO 309: in the boardroom. Here, I'll move. 394 01:00:41.550 --> 01:00:42.820 RCCD CAADO 309: I have a second. 395 01:00:43.190 --> 01:00:48.400 RCCD CAADO 309: Okay, it will cost Monica 396 01:00:53.390 --> 01:00:55.519 RCCD CAADO 309: welcome back to work done. 397 01:00:55.900 --> 01:01:00.299 RCCD CAADO 309: Yes, yes, try. Yes, yes. 398 01:01:00.300 --> 01:01:01.470 19517330780: I agree. 399 01:01:02.946 --> 01:01:09.793 RCCD CAADO 309: You? Yeah. So operationally 400 01:01:11.950 --> 01:01:21.380 RCCD CAADO 309: you'll get an email as you have from Cboc with the schedule. And for those of you who want appointments. Please let us know, and we can schedule. We can send you the appointment 401 01:01:21.853 --> 01:01:33.747 RCCD CAADO 309: as well. Rene tends to put all of the information in the appointment, so you'll have as soon as the information goes up on the website. It'll already be a packet in your email that way, cool. 402 01:01:36.218 --> 01:01:45.481 RCCD CAADO 309: And I'll post all the calendars on the website. You guys can always know where to go. And if you need anything, I'm behind the scenes. So feel free to email. 403 01:01:47.490 --> 01:01:55.000 RCCD CAADO 309: Okay, next, do you have the website? 404 01:01:56.250 --> 01:02:23.149 RCCD CAADO 309: Rene just touched on this administratively, we obviously have a public facing page. This is accessible obviously to anybody. It has. Erin read earlier some of the information on the bond in terms of the measure itself that is posted here. The application is always live in case people are interested, the bylaws are posted there. Anything that you should need should be available there. 405 01:02:23.630 --> 01:02:32.960 RCCD CAADO 309: and who's serving? In what capacity? Because of the 7 members, you are all occupying a specific statuted, required position. 406 01:02:35.060 --> 01:02:37.519 RCCD CAADO 309: So if you ever have questions about that. 407 01:02:38.030 --> 01:02:57.599 RCCD CAADO 309: it is up there. If you feel like something should be up there, and it's not. Please let us know it does. Link to. Hussein has a separate page that hosts all of the projects that has more detail. So we don't want to duplicate it. We want to take it straight to the source. We link to it right? We do directly, so that way you can find any of the information. 408 01:02:58.124 --> 01:03:02.732 RCCD CAADO 309: The packeted information that comes on the financial side is loaded there. 409 01:03:04.210 --> 01:03:10.029 RCCD CAADO 309: So if you go onto that site and you see something that seems off or needs to be updated. Please let us know. 410 01:03:10.430 --> 01:03:16.601 RCCD CAADO 309: Otherwise. It's just a back end resource that if you can't find your packet, you could go there and find it as well. 411 01:03:18.990 --> 01:03:22.639 RCCD CAADO 309: You mentioned earlier a training on the brown acts. That will that be that 412 01:03:22.730 --> 01:03:31.834 RCCD CAADO 309: on the same date and time as the July meeting, or are we talking a subsequent we'll just go, if and there's questions here, because that's the next item from the agenda 413 01:03:32.110 --> 01:03:57.680 RCCD CAADO 309: And to Aaron's point we can also ask our bond council to come. The intent was, You all are able to put agenda items. This is your agenda. We're making recommendations on what should be there from a compliance perspective, so that it's before you, and we can report back to the board. But if there are items that you want to agendize, please just send them to the Cboc email, and we will do that. One of those items that was suggested was Brown Act. 414 01:03:57.740 --> 01:04:17.259 RCCD CAADO 309: We'll also reach out to Bond Council. Those are separate humans. And I will look at having both of those items for the July meeting. Where's the Bond Council? Located San Francisco? I think they might be down here for something else. But 415 01:04:18.063 --> 01:04:41.370 RCCD CAADO 309: think, oh, Bond Council doesn't usually charge you for those things because they got you on the front end when they got the bonds. Oh, okay, yeah. Coming up. 416 01:04:41.776 --> 01:05:00.069 RCCD CAADO 309: So we'll have. We'll make more of a legal I section with 2 items. From an informational perspective. Because this is a brown act body. So which is why we did roll call and that script thing because they're only 417 01:05:00.070 --> 01:05:17.606 RCCD CAADO 309: 2 reasons. You would not be able to appear or be able to appear remotely without physically being here. And one of those is medical, and that's what Mark has on currently. So we'll we'll have somebody come and share brown. Act with you as well as 418 01:05:17.960 --> 01:05:21.200 RCCD CAADO 309: upon councils and responsibilities. So we would do all the 419 01:05:21.470 --> 01:05:29.690 RCCD CAADO 309: financial stuff and the business stuff and then have them so that way. They don't have to stick around for that, and then we can do the oh, they love hearing about 420 01:05:30.150 --> 01:05:31.630 RCCD CAADO 309: current act updates 421 01:05:32.639 --> 01:05:48.810 RCCD CAADO 309: unless there is concern, and I will talk to both of them about timing, unless it's too big of a lift for the meeting. I don't want to overwhelm time. 422 01:05:49.360 --> 01:06:03.829 RCCD CAADO 309: so if if it ends up being like it's going to be a 90 min meeting. We'll reach out and make sure that that works for everybody for that day, because typically it. We have been about 60 min on the high side. So 423 01:06:04.020 --> 01:06:08.349 RCCD CAADO 309: okay, does anybody have anything is 424 01:06:08.690 --> 01:06:16.004 RCCD CAADO 309: I'll go and meet everybody. I got here late. My apologies. 425 01:06:17.220 --> 01:06:24.029 RCCD CAADO 309: well, last year I was here, but it was my turn. It had been a while. 426 01:06:25.030 --> 01:06:41.010 RCCD CAADO 309: anyway. Have anything they wanna like that is all published on the Websites, all that. 427 01:06:41.636 --> 01:06:42.153 19517330780: Oh! 428 01:06:43.200 --> 01:07:05.450 RCCD CAADO 309: Some like the plans that we have for yeah, but not necessarily specific. 429 01:07:07.930 --> 01:07:31.930 RCCD CAADO 309: would they? Would they be able to come in to your office and look at them if they wanted to roll out a set of plans 430 01:07:32.150 --> 01:07:35.460 RCCD CAADO 309: in construction, too, and like the completed one. 431 01:07:35.670 --> 01:07:37.809 RCCD CAADO 309: So if you go to the site. 432 01:07:38.070 --> 01:07:41.860 RCCD CAADO 309: You click on the facility development, and it has the product on there, too. 433 01:07:43.020 --> 01:08:06.569 RCCD CAADO 309: But if there are specific plans that you want to see, go ahead and reach out, and we can if it's not, if we can't, if it's not published somewhere, if you want to see prior ones, we can. We can access like from measure. C, yeah. 434 01:08:07.650 --> 01:08:12.350 RCCD CAADO 309: so yeah, just let us know what you need to look at. And for one, look at provide access. 435 01:08:14.560 --> 01:08:15.260 19517330780: You know. 436 01:08:16.939 --> 01:08:18.779 RCCD CAADO 309: Monica, did you have anything. 437 01:08:20.240 --> 01:08:21.069 19517330780: Me! 438 01:08:21.680 --> 01:08:22.819 RCCD CAADO 309: Hello! 439 01:08:23.680 --> 01:08:29.510 19517330780: No, I have nothing. No, no, not at this time. Thank you for asking. 440 01:08:29.960 --> 01:08:33.194 RCCD CAADO 309: Hopefully. You'll feel better, and can be here next time. We'd love to see you. 441 01:08:33.410 --> 01:08:38.439 19517330780: Yes, yes, me too, all right. 442 01:08:39.149 --> 01:08:43.284 RCCD CAADO 309: Okay. Other than that, I will take a motion to adjourn. 443 01:08:44.704 --> 01:08:47.029 RCCD CAADO 309: We are adjourned. 444 01:08:47.029 --> 01:08:48.069 19517330780: Don't move. 445 01:08:49.626 --> 01:08:51.340 RCCD CAADO 309: Hi monica. 446 01:08:51.340 --> 01:08:54.680 19517330780: Thank you. Bye, bye, bye, bye, thank you. Bye-bye. 447 01:08:57.856 --> 01:09:03.039 RCCD CAADO 309: Thank you for having me.