Approved Minutes — original pdf

Approved Minutes

BOND OVERSIGHT COMMISSION FEBRUARY 19, 2019 2:00PM CEPEDA BRANCH LIBRARY 651 N. PLEASANT VALLEY ROAD AUSTIN, TEXAS 78702 BOND OVERSIGHT COMMISSION MINUTES The Bond Oversight Commission convened in a regular meeting on February 19, 2020 in Austin, Texas. Chair Rodriguez called the meeting to order at 2:25 PM Board Members in Attendance: Santiago Rodriguez, Chair Summit DasGupta, Vice-Chair Sarah Cook John McNabb Wolfgang Niedert Claire O’Neal Jay Sands Reedy Spigner, III Staff in Attendance: Megan Bell, Financial Services Michelle Clemons, Economic Development David Colligan, Economic Development John Daniels, Austin Public Library Irma Flores-Manges, Austin Public Library Tim Knoedler, Parks and Recreation Steven Linett, Parks and Recreation Tina Van Wie, Financial Services CALL TO ORDER None. 1. CITIZEN COMMUNICATION 2. APPROVAL OF MINUTES The minutes for the regular meeting of November 20, 2019 were approved as posted with motion by Commissioner Niedert, Commissioner Sands second with Vice-Chair DasGupta abstaining and the remaining votes in favor. 3. STAFF BRIEFINGS (Discussion) a. John Daniels, Austin Public Library gave an introduction to the Cepeda Branch Library, including Managing Librarian, Irma Flores-Manges. Staff gave updates on the Library, Cultural Arts Facilities and Museums Bond Programs. Topics and presenters (in order of presentation) included: Introduction – John Daniels, Austin Public Library; Museums and Cultural Arts Facilities (Part 1: Economic Development funded projects) – David Colligan, Economic Development; Finances – Tina Van Wie, Financial Services; Libraries – John Daniels, Austin Public Library; Museums and Cultural Arts Facilities (Part 2: Parks and Recreation funded projects) – Steven Linett, Parks and Recreation. Staff provided an overview for each of the topic areas listed, including program highlights and updated program financials. Staff answered questions from the Commissioners. BOND OVERSIGHT COMMISSION MEETING MINUTES February 19, 2020 4. DISCUSSION AND POSSIBLE ACTION a. Commissioner Rodriguez introduced discussion about the 2020 work plan. Commissioners requested amendments to shift the order of staff updates, including moving updates on the Mobility program to earlier in the year and updates on Affordable Housing to later in the year. Vice-Chair DasGupta moved to adopt the draft 2020 work plan, as amended, and Commissioner Spigner III seconded. The motion passed unanimously. 5. FUTURE AGENDA ITEMS a. Commissioner Sands requested data from staff to include updated information for all open bond programs, by proposition: (a) Amount appropriated for the proposition, (b) Amount obligated (encumbered plus spent), (c) Bond proceeds received, and (d) Anticipated final date of spending for each proposition. Chair Rodriguez adjourned the meeting at 4:09 PM without objection. 6. ADJOURN 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 Megan Bell, Financial Services Department, at 512-974-2532, for additional information; TTY users route through Relay Texas at 711. For more information on the Bond Oversight Commission, please contact Megan Bell at 512-974-2532. 2