Agenda Item
Meeting Date: 3/19/2019 - 7:00 PM
Category: CONSENT ITEMS - RESOLUTIONS
Type: Action
Subject: 12.4 Resolution No. 049-18/19, Resolution of the Board of Education of the Livermore Valley Joint Unified School District Acknowledging that the State Facility Program Bond Authority is Exhausted
:
Attachment Summary:
File Attachment:
BBA Resolution.pdf
Quick Summary / Abstract: This is a School Facility Program required acknowledgment regarding the status of State Bond Funds.
Background: On September 12, 2018, the Office of Public School Construction (OPSC) declared that New Construction bond authority from Proposition 51 was exhausted. On February 28, 2019 the OPSC declared that Modernization bond authority from Proposition 51 was also exhausted.

These declarations trigger a regulation within the School Facilities Program (SFP), which requires that our Board of Trustees (Board) adopt a resolution acknowledging that Bond Authority is exhausted in order to continue to file State funding applications.
Status The text of the resolution is set out in State regulation; it includes acknowledgement that current SFP bond authority for New Construction and Modernization is exhausted and that the State may not provide future funds for the applications being submitted.

By adopting the resolution, our Board is declaring that, regardless of the lack of funds, our District wishes to continue submitting New Construction and Modernization application(s) seeking State matching funds for our District facility projects.

Adoption of the resolution is required in order to continue to file applications for reimbursement funding in the SFP and will allow staff to continue to file applications without any delay.
Fiscal Impact There is no fiscal impact to this item, although our District will continue to seek reimbursement funding from the State.
Superintendent's Recommendation: The Superintendent's recommendation is that our Board of Trustees approve Resolution No. 049-18/19, Resolution of the Board of Education of the Livermore Valley Joint Unified School District Acknowledging that the State Facility Program Bond Authority is Exhausted.
Approvals:
Recommended By:
Signed By:
Kim McNeely - Bond Program Director
Signed By:
Tim Boczanowski - Bond Program Director
Signed By:
Kelly Bowers, Ed.D. - Superintendent
Vote Results:

Original Motion
Member Anne White Moved, Member Chris Wenzel seconded to approve the Original motion 'The Superintendent's recommendation is that our Board of Trustees approve Resolution No. 049-18/19, Resolution of the Board of Education of the Livermore Valley Joint Unified School District Acknowledging that the State Facility Program Bond Authority is Exhausted.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 8 Nay: 0.
The motion Carried 8 - 0
   
Chuck Rogge     Yes
Chris Wenzel     Yes
Anne White     Yes
Emily Prusso     Yes
Chuck Rogge     Yes
Chris Wenzel     Yes
Anne White     Yes
Emily Prusso     Yes