BOND OVERSIGHT COMMISSION May 18, 2022, 2:00 P.M. to 4:00 P.M. Austin City Hall, Boards and Commissions Room 1101 301 W 2nd Street, Austin, TX 78701 Some members of the Bond Oversight Commission may be participating by videoconference. The meeting may be viewed online at: http://www.austintexas.gov/page/watch-atxn-live. CURRENT BOARD MEMBERS: Santiago Rodriguez, Chair Sumit DasGupta, Vice Chair Cesar Benavides Charles Curry Michael Drohan Stephen Gonzalez Francoise Luca John McNabb Wolfgang Niedert Kristin Weaver Nicole Wren AGENDA Public comment will be allowed in-person or remotely by telephone. Speakers may only register to speak on an item once either in-person or remotely and will be allowed up to three minutes to provide their comments. Registration no later than noon the day before the meeting is required for remote participation. To register, call or email the board liaison, Tina Van Wie, at (512) 974-7921 or Tina.VanWie@austintexas.gov CALL TO ORDER PUBLIC COMMUNICATION: GENERAL The first 10 speakers who register to speak no later than noon the day before the meeting will be allowed a three-minute allotment to address their concerns regarding items not posted on the agenda. 1. APPROVAL OF MINUTES meeting a. Approval of the minutes from the April 20, 2022 Bond Oversight Commission 2. DISCUSSION 3. STAFF BRIEFINGS program a. Introduction of a newly appointed member to the Bond Oversight Commission a. Staff briefing from the Austin Police Department related to the 2012 bond b. Staff briefing from the Transportation and Public Works Departments related to the 2012, 2016, 2018, and 2020 bond programs 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, please give notice at least 2 days (48 hours) before the meeting date. Please call Tina Van Wie, Financial Services Department, at 512-974-7921, for additional information; TTY users route through Relay Texas at 711. To speak remotely at the May 18, 2022 Bond Oversight Commission meeting, members of the public must: •Call or email the board liaison, Tina Van Wie, at (512) 974-7921 or Tina.VanWie@austintexas.gov no later than noon, May 17. The information required is the speaker’s 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 …
BOND OVERSIGHT COMMISSION May 18, 2022 2:00 PM Austin City Hall, Boards and Commissions Room 1101 301 W 2nd Street, Austin, TX 78701 Some members of the Bond Oversight Commission participated by videoconference. The meeting may be viewed online at: http://www.austintexas.gov/page/watch-atxn-live. BOND OVERSIGHT COMMISSION MINUTES The Bond Oversight Commission convened in a regular meeting on May 20, 2022 with Social Distancing Modifications and some commissioners participating via WebEx conference. Chair Rodriguez called the meeting to order at 2:01 PM Board Members in Attendance: Santiago Rodriguez, Chair Sumit DasGupta, Vice-Chair Cesar Benavides Michael Drohan Stephen Gonzalez Francoise Luca Kristin Weaver Nicole Wren Wolfgang Niedert Staff in Attendance: Tina Van Wie, Financial Services Anna Martin, Austin Transportation Eric Bailey, Public Works ___ CALL TO ORDER 1. APPROVAL OF MINUTES a. Approval of the minutes from the April 20, 2022 Bond Oversight Commission meeting. The minutes for the meeting of April 20, 2022 were approved with a motion by Commissioner Drohan, Commissioner Niedert second on a 9-0 vote, with Commissioners Curry and John McNabb absent. a. Introduction of a newly appointed member to the Bond Oversight Commission 2. DISCUSSION 3. STAFF BRIEFINGS a. Staff briefing from the Austin Police Department related to the 2012 bond program Item postponed due to staff unavailability. b. Staff briefing from the Transportation and Public Works Departments related to the 2012, 2016, 2018, and 2020 bond programs BOND OVERSIGHT COMMISSION MEETING MINUTES May 18, 2022 Staff the briefed the commissioners on the status of the 2012, 2016, 2018, and 2020 bond programs regarding various Austin Transportation and Public Works projects. ATD and PW then took questions from commissioners. 4. FUTURE AGENDA ITEMS a. Calendar b. Update from treasury c. Austin Police Department d. Potential website relating to public improvement bonds ADJOURN Chair Rodriguez adjourned the meeting at 2:58 pm. 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, please give notice at least 2 days (48 hours) before the meeting date. Please call Tina Van Wie, Financial Services Department, at 512-974-7962, for additional information; TTY users route through Relay Texas at 711. For more information on the Bond Oversight Commission, please contact Tina Van Wie at 512-974-7921. 2
C I T Y O F A U S T I N | M a y 1 8 , 2 0 2 2 Bond Oversight Commission Bond Oversight Commission C I T Y O F A U S T I N | M a y 1 8 , 2 0 2 2 Bond Oversight Commission Bond Oversight Commission Our Vision Ensure efficiency, equity, timeliness, and accountability in the implementation of existing and future City bond programs. 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. 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. C I T Y O F A U S T I N | M a y 1 8 , 2 0 2 2 Bond Oversight Commission I T E M 3 b . Transpor tation and Mobility Bond Oversight Commission 2012 – Proposition 12 2016 – Proposition 1 2018 – Proposition G 2020 – Proposition B P r e s e n t e r s : Anna Martin, Austin Transportation Eric Bailey, Public Works C I T Y O F A U S T I N | M a y 1 8 , 2 0 2 2 B o n d O v e r s i g h t C o m m i s s i o n | p g . 4 2012 ‐ PROPOSITION 12 Transportation and Mobility 2016 ‐ PROPOSITION 1 Transportation and Mobility BOND BALANCES Voter-approved $143,299,000 $720,000,000 100% 100% Appropriated Bond Oversight Commission $143,295,000 $720,000,000 Appropriated Appropriated $4,640,333 $75,334,482 Encumbered Spent $125,329,793 Committed $129,970,126 Available $13,328,874 Data thru Fiscal Year 2022 Q2 $240,547,722 $315,882,203 $404,117,797 44% C I T Y O F A U S T I N | M a y 1 8 , 2 0 2 2 B o n d O v e r s i g h t C o m m i s s i o n | p g . 5 2018 ‐ …
