HomeMy WebLinkAboutPSBFOC 2018-04-19 Minutes
/źƷǤ ƚŅ ǒƉǞźƌğ
Public Safety Bond Financial Oversight Committee
April 19, 2018
City Hall, Hazelnut Conference Room
5:30 p.m.
MINUTES Approved August 6, 2018
I. Call to Order
II. Roll Call
Committee members present: Jessica Jerwa, Vice-Chair, Andy Reiswig, Jun Castillo, Randy Coplen
City staff present: David Cline, Laurel Humphrey, Peggy McCarthy
Mr. Goode was absent, and Ms. Jerwa chaired the meeting.
III. Approval of Agenda
Mr. Reiswig moved approval of the agenda, and Mr. Coplen seconded. The motion carried
unanimously and the agenda was approved.
IV. Approval of Minutes
Mr. Castillo moved approval of the October 19, 2017 minutes, and Mr. Coplen seconded. The motion
carried unanimously and the minutes were approved.
V. Unfinished Business (n/a)
VI. New Business
dzȚ 0O<FC= 3;@?NS 0F;H 0LID?=N 5J>;N?
City staff updated the Committee on the status of projects associated with the Public Safety
Plan. The City is currently working on site acquisition for all projects. The
Safety Committee will review the schematic design of the Justice Center in mid-May. The
Finance Committee has been working on strategies to address the Public Safety Plan budget
gap which is occurring as a result of market conditions. A public open house is planned for
June 23, 2018 and the Committee is encouraged to attend. Staff distributed copies of the
April reports to Council from City Administration and the Public Safety Plan Program
Management consultant. Mr. Reiswig requested a map of the City showing all Public Safety
Plan project locations.
ǴȚ0O<FC= 3;@?NS 0F;H &CH;H=C;F /P?LPC?Q
The Committee reviewed a report of all Public Safety Plan revenues & expenditures through
March 2018. Total actual revenues through March 31 are $38,538,348.00 from the voter-
approved bond, fire impact fees, and investment interest. Actual expenditures through
March 31, 2018 are $5,341,877. Staff distributed a document showing the expenditure
details, including vendors, descriptions and amounts by project. The Committee also
reviewed an updated list of Public Safety Plan contracts.
VII. Miscellaneous
Staff asked the Committee if they would be interested in convening in July, and the Committee
agreed. The City will have updated information on project budgets to share at that time. Staff will
follow up with a scheduling poll.
Mr. Coplen commented that the City should avoid change orders in all Public Safety Plan
construction projects. Staff replied that the GC/CM model of construction provides more predictable
project budgets because the architect and contractor make budget decisions together at the point
of schematic design. Mr. Reiswig commented that the market conditions causing the budget gap are
a regional problem impacting many industries and cost escalations are unpredictable.
VIII. Adjournment
Mr. Coplen moved adjournment and Mr. Castillo seconded the motion. The motion carried and the meeting
was adjourned at 6:27 p.m.
-CHON?M <S ,(ț 2?PC?Q?> <S 0-