Special Meeting of the Bond Oversight Commission July 15, 2020 at 1:00 p.m. Bond Oversight Commission to be held July 15, 2020 with Social Distancing Modifications Public comment will be allowed via telephone; no in-person input will be allowed. All speakers must register in advance (July 14, 2020 by Noon). All public comment will occur at the beginning of the meeting. To speak remotely at the July 15, 2020 Bond Oversight Commission Meeting, residents must: •Call or email the board liaison at: Megan Bell (512) 974-2532 or megan.bell@austintexas.gov no later than noon, (the day before the meeting). The information required is the speaker name, item number(s) they wish to speak on, whether they are for/against/neutral, and a telephone number or email address. •Once a request to speak has been called in or emailed to the board liaison, residents will receive either an email or phone call providing the telephone number to call on the day of the scheduled meeting. •Speakers must call in at least 15 minutes prior to meeting start in order to speak, late callers will not be accepted and will not be able to speak. •Speakers will be placed in a queue until their time to speak. •Handouts or other information may be emailed to megan.bell@austintexas.gov by Noon the day before the scheduled meeting. This information will be provided to Board and Commission members in advance of the meeting. •If this meeting is broadcast live, residents may watch the meeting here: http://www.austintexas.gov/page/watch-atxn-live SPECIAL MEETING OF THE BOND OVERSIGHT COMMISSION JULY 15, 2020, 1:00 P.M. to 2:30 P.M. VIA VIDEOCONFERENCING CURRENT BOARD MEMBERS: Santiago Rodriguez, Chair Sumit DasGupta, Vice Chair Sarah Cook Brennan Griffin John Mcnabb Wolfgang Niedert CALL TO ORDER Claire O’Neal Jay Sands Reedy Spigner III Roy Waley CJ Zhao AGENDA 1. APPROVAL OF MINUTES a. Approval of the minutes from the June 12, 2020 Bond Oversight Commission special meeting 2. STAFF BRIEFINGS a. Staff update on the 2012, 2016, and 2018 Mobility Bond Programs and Projects b. Staff update from Small and Minority Business Resources 3. DISCUSSION AND POSSIBLE ACTION a. 2020 Annual Report for the Bond Oversight Commission 4. FUTURE AGENDA ITEMS ADJOURNMENT The City of Austin is committed to compliance with the American with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. Meeting locations are planned with wheelchair access. If requiring Sign Language Interpreters or alternative formats, …
C I T Y O F A U S T I N | J u l y 1 5 , 2 0 2 0 Bond Oversight Commission C I T Y O F A U S T I N | J u l y 1 5 , 2 0 2 0 Bond Oversight Commission Our Vision Ensure efficiency, equity, timeliness, and accountability in the implementation of existing and future City bond programs. Our Mission The commission shall monitor the city manager's plans relating to the issuance of bonds and the implementation of projects approved in bond elections, including the review of future potential bonds, the annual appropriation of bond funds, and any changes in the amount of bond funds issues or cash commitments made. Our Goals The mayor and council shall work with the commission to set priorities and goals for each new bond issue to be submitted to the voters. The commission shall advise the council on proposed bonds and the implementation of projects approved in bond elections. C I T Y O F A U S T I N | J u l y 1 5 , 2 0 2 0 Bond Oversight Commission A G E N D A ITEM 2 – STAFF BRIEFINGS a. 2012 BOND, PROPOSITION 12 Transportation and Mobility: Presenter(s): Anna Martin, P.E., Pirouz Moin, P.E. b. 2016 MOBILITY BOND Presenter(s): Anna Martin, P.E., Pirouz Moin, P.E., Mike Trimble c. 2018 BOND, PROPOSITION G Transportation Infrastructure Presenter(s): Anna Martin, P.E., Pirouz Moin, P.E. d. SMALL AND MINORITY BUSINESS RESOURCES Innovation in Contract Solicitations Presenter: Edward Campos C I T Y O F A U S T I N | J u l y 1 5 , 2 0 2 0 Bond Oversight Commission I T E M 2 A . 2 0 1 2 B O N D P R O P O S I T I O N 1 2 T r a n s p o r t a t i o n a n d M o b i l i t y P r e s e n t e r ( s ) : Anna Martin, P.E., Assistant Director, ATD Pirouz Moin, P.E., Assistant Director, PWD C I T Y O F A U S T I N | J u l y 1 5 , 2 0 2 0 Bond Oversight Commission | p 5 2012 BOND – …
Annual Internal Review Bond Oversight Commission This report covers the time period of 7/1/2019 to 6/30/2020 The Bond Oversight Commission (BOC) mission statement (per Ordinance No. 20150813-010) is: A. The council creates the Bond Oversight Commission to ensure efficiency, equity, timeliness, and accountability in the implementation of existing and future City bond programs. B. The Commission shall monitor the city manager’s plans relating to the issuance of bonds and the implementation of projects approved in bond elections, including the review of future potential bonds, the annual appropriation of bond funds, and any changes in the amount of bond funds issued or cash commitments made C. The mayor and council shall work with the commission to set priorities and goals of each new bond issue to be submitted to voters. D. The commission shall advise the council on proposed bonds and the implementation of projects approved in bond elections. E. The council shall appoint at least three members to the commission who have training or professional experience in financial matters. Describe the board’s actions supporting their mission during the previous calendar year. Address all elements of the board’s mission statement as provided in the relevant sections of the City Code. • Assess and monitor the delivery of current, ongoing bond programs (mission statements A, B and D) Throughout the last year, the BOC focused on the 2016 & 2018 Bond activities while monitoring any outstanding Bond programs: • Staff briefing on the August 2019 Bond Sale Schedule – July 17, 2019 • Staff update on 2016 Mobility Bond Corridor and Regional Programs – October 16, 2019 • Staff update on Capital Projects Explorer – October 16, 2019 • Staff briefing on 2016 Mobility Bond Local Mobility Program – November 20, 2019 • Approval of 2020 Work Plan - February 19, 2020 Prepared by Santiago Rodriguez Chair, Bond Oversight Commission • Staff update on Library, Cultural Facilities and Museums Bond Programs (at Cepeda Branch Library) – February 19, 2020 • Community Interest Announcement: Colony District Park Grand Opening – April 22, 2020 • Staff briefing on 2020 bonds sales, including information on general obligation debt, steps to sell or issue debt, and the upcoming general obligation bond sale – June 12, 2020 The BOC and Staff collaborated on a 2020 Meeting Schedule that aligns with: • CIP planning activities • Annual bond issuance • Bond program activities • Review the annual bond …
BOND OVERSIGHT COMMISSION JULY 15, 2020 1:00 PM VIA VIDEOCONFERENCING BOND OVERSIGHT COMMISSION MINUTES The Bond Oversight Commission convened in a special meeting on July 15, 2020 with Social Distancing Modifications. Chair Rodriguez called the meeting to order at 1:07 PM Board Members in Attendance: Santiago Rodriguez, Chair Sumit DasGupta, Vice-Chair John McNabb Wolfgang Niedert Roy Waley Claire O’Neal Jay Sands Pirouz Moin, Public Works Michael Trimble, Corridor Program Office Tina Van Wie, Financial Services Staff in Attendance: Megan Bell, Financial Services Edward Campos, Small and Minority Business Resources Anna Martin, Austin Transportation CALL TO ORDER None. 1. CITIZEN COMMUNICATION 2. APPROVAL OF MINUTES The minutes for the special meeting of June 12, 2020 were approved as posted with motion by Commissioner McNabb, Commissioner Sands second and all votes in favor. 3. STAFF BRIEFINGS (Discussion) a. Anna Martin, Austin Transportation and Pirouz Moin, Public Works provided an overview of the following mobility bond programs: 2012 Bond (Proposition 12, Transportation and Mobility), the 2016 Mobility Bond (Regional, Corridor, and Local Mobility; joined by Mike Trimble, Corridor Program Office), and the 2018 Bond (Proposition G, Transportation Infrastructure). Staff provided information about the bond balances, spend plans, projects funded by these bonds, upcoming highlights, and resources. Due to time limitations, staff answered questions from the Commissioners during the meeting and after the meeting via email. b. Edward Campos, Small and Minority Business Resources, presented an outreach plan created by Small and Minority Business Resources that was developed to help increase the number and capacity of City-certified Minority-Owned Business Enterprise (MBE) and Women-Owned Business Enterprise (WBE) firms that provide disciplines and scopes of work typically required BOND OVERSIGHT COMMISSION MEETING MINUTES June 12, 2020 for the Corridor Mobility Program. Staff answered questions from the Commissioners after the meeting through email. 4. DISCUSSION AND POSSIBLE ACTION a. Chair Rodriguez introduced a draft document for the 2020 Annual Report of the Bond Oversight Commission. He outlined the primary sections of the report, including the time period, the board’s mission statement, actions supporting the mission statement, compliance with the mission statement, and the goals and objectives for the new calendar year. After the Commissioners reviewed and amended this document, Vice-Chair DasGupta moved to adopt the draft 2020 Annual Report, as amended, and Commissioner McNabb seconded. The motion passed unanimously. 5. FUTURE AGENDA ITEMS a. Staff updates from the Public Safety, Parks and Recreation, and Watershed Protection bond …
