The Board may recess into Closed Session before or after the public meeting under the authority of the Brown Act (including but not limited to Government Code section 54954.5, 54956.8, 54956.9, 54957, 54957.6, as well as Education Code section 35146).  Under Government Code section 54954.3, members of the public may address the board on an item on the Closed Session agenda, before Closed Session.

BERKELEY UNIFIED SCHOOL DISTRICT

TO:      Dr. Stephens, Ed.D., Superintendent
FROM:              Baje Thiara, Associate Superintendent
PRESENTERS:  Debbie Lenz, Teacher on Special Assignment for Elementary School Science
DATE:              September 16, 2020
SUBJECT:         Spotlight
Slide Deck:      K-5 Science during Distance Learning SB:9-16-20

PURPOSE:
Debbie Lenz will showcase elementary school science in a ten minute snapshot for the School Board. In this presentation the California State Standards for Science will be highlighted as these are the guides for class lessons. During COVID-19 teaching has unique challenges and Ms. Lenz will discuss some of the solutions that her team has developed so that students can both be engaged and learn.  There will also be a video that is a snapshot of a science class in action during COVID-19. This presentation will display that shift from in person instruction to the online learning environment.

Board members and the Superintendent are given the opportunity to address any issue.  

BERKELEY UNIFIED SCHOOL DISTRICT

TO:         Brent Stephens, Ed.D., Superintendent
FROM:           Samantha Tobias-Espinosa, Assistant Superintendent, Human Resources
DATE:              September 16, 2020
SUBJECT:      Approval of Human Resources Reports

BACKGROUND INFORMATION:
On a regular basis, staff presents Human Resources Reports listing employment actions for the Board to approve officially. Please refer to attached reports for details.

BERKELEY UNIFIED SCHOOL DISTRICT

TO:              Brent Stephens, Ed. D., Superintendent
FROM:       Samantha Tobias-Espinosa, Assistant Superintendent
DATE:         September 16, 2020
SUBJECT:  Resolution to Change Exempted Senior Classified Management Positions

BACKGROUND INFORMATION:
Staff is recommending approval of a resolution to identify the two positions within the Classified Management of Berkeley Unified that meet the definition of Senior Classified Management. This resolution identifies the Assistant Superintendent, Business Services and the Executive Director, Faclities, Maintenance, and Operations as the two senior positions in classified management that are subject to California Education Code Section 45100.5.

BERKELEY UNIFIED SCHOOL DISTRICT 

TO:          Brent Stephens, Ed.D., Superintendent
FROM:      Samantha Tobias-Espinosa, Assistant Superintendent, Human Resources
DATE:       September 16, 2020
SUBJECT:      Approval of MOUs between BUSD and Universities 

BACKGROUND INFORMATION:
BUSD has entered into agreements with the following universities to provide the university students with internships and/or student teaching so they may gain practical teaching, administrator, nursing, or counseling experience in an education setting.

STAFF RECOMMENDATION: 
Staff recommends that the Berkeley Unified Board of Education ratify the memorandums of understanding (MOU) between the District and the following universities:

• Holy Names University
  
• Brandman University
  
• San Francisco State University
• Mills College
  

BERKELEY UNIFIED SCHOOL DISTRICT 

TO:        Brent Stephens, Ed. D., Superintendent
FROM:        Samantha Tobias-Espinosa, Assistant Superintendent
DATE:          September 16, 2020
SUBJECT:   Approval of Employee Contract

BACKGROUND INFORMATION:
Approval of the attached contract for employment of the Executive Director of Facilities and Operations. 

BERKELEY UNIFIED SCHOOL DISTRICT 

TO:                 Brent Stephens, Superintendent
FROM:           Pauline Follansbee, Assistant Superintendent Business Services
DATE:            September 16, 2020
SUBJECT:     Acceptance of Gifts/Donations

BACKGROUND INFORMATION:
The Board may accept and utilize on behalf of the District gifts of money or property for a purpose deemed to be suited by the Board. The following donations have been presented to the District:

1. Berkeley High School Development Group donated $3,735.57 to the academic choice retreat 8/12/2020
2. Berkeley High School Development Group donated $ 3,631.81 to Teacher Stipends for participation in the BIHS.
3. Your cause donated $300. to Thousand Oaks Principals Discretionary Fund.
4. Box Tops donated $1.10 to Rosa Parks Principals Discretionary Fund.
5. The Walt Disney Company Foundation donated $1,000. to Rosa Parks Principals Discretionary Fund.
6. Earth Island Institute donated $375. to Rosa Parks Principals Discretionary Fund. (Kids for the Bay Refund)
7. Berkeley Public Schools Fund donated $376.45 to pay for Berkeley Certified Educator Cohort PD.
8. Emerson PTA donated $122,955. for FY 2020-21 Budget.

STAFF RECOMMENDATION:
Accept the donations to the District and request staff to extend letters of appreciation. 

POLICY/CODE:
BP 3290

FISCAL IMPACT: 
The District received a total of $ 132,374.93 in donations.

BERKELEY UNIFIED SCHOOL DISTRICT

TO:             Brent Stephens, Ed.D, Superintendent
FROM:        Pauline E. Follansbee, Assistant Superintendent Business Services
DATE:         September 16, 2020
SUBJECT: Approve Listing of Warrants issued in August 2020.

BACKGROUND:
Each month the District writes several checks to vendors for services provided and goods received.  The checks are written against both the Restricted and Unrestricted General Fund.  The summaries of warrants for the month of August is attached for the Board’s review.

POLICY/CODE:
Educational Code Section 41010 et seq.

FISCAL IMPACT:
$3,993,568.12 for the month of August 2020 from various funds.  

STAFF RECOMMENDATION:
Approve the monthly bill warrant list for the month of August 2020.

BERKELEY UNIFIED SCHOOL DISTRICT

TO:              Brent Stephens, Ed.D., Superintendent
FROM:        Pauline Follansbee, Assistant Superintendent
DATE:         September 16, 2020
SUBJECT: Approval of Payroll Warrants Issued in August 2020

BACKGROUND INFORMATION:
On a regular basis, the Board receives information on the total amount paid employees during a month.  The attached represents a summary of pay warrants from various funds for the month of August 2020.

POLICY/CODE:
Educational Code 41010 et seq.

FISCAL IMPACT:
$13,116,516.83, for August 2020 from various funds.

STAFF RECOMMENDATION:
Approve payroll payments made in August 2020.

BERKELEY UNIFIED SCHOOL DISTRICT 

TO:             Brent Stephens, Ed. D., Superintendent
FROM:        Pauline Follansbee, Asst. Superintendent of Business Services
DATE:         September 16, 2020
SUBJECT:  Approval of Contracts/Purchase Orders for Services Contracts

BACKGROUND INFORMATION:
The District contracts with consultants or independent contractors who can provide valuable and necessary specialized services not normally required on a continuing basis. The following contract services are requested. Expenditures are within budget.

1. San Joaquin County Office of Education, to provide Medi-Cal billing services for the 2020-21 SY. The cost will not exceed $20,000. To be paid from Medi-Cal Reimbursement. Requested by Shawn Mansager.

2. Folger Graphics, to provide printing services for Berkeley Adult School for2020-21SY. The cost will not exceed $24,170. To be paid from Adult Education Fund. Requested by Thomas Reid.

3. Title IX Consult LLC to provide Title IX consulting services for the 2020-21 SY. The cost will not exceed $15,535. To be paid from General Fund. Requested by Brent Stephens.

4. Increase in contract, PO#210233 to Marutzzella Castro to provide Title IX Coordinator consulting services to the District. The additional amount needed is $3500 for a total amount of $10,500. To be paid from General Fund. Requested by Brent Stephens.

5. Ratification of contract with Frontline to provide District-wide health management software for the period from 7/1/20 – 6/30/21. The cost will not exceed $13,213.21. To be paid from General Fund. Requested by Samantha Tobias-Espinosa.   

6. Ratification of services to Arc Document Solutions, LLC. to provide reprographic services for the Facilities Department for Measure AA and Measure I bond programs. The cost will not exceed $75,000. To be paid from Measure I. Requested by John Calise.

POLICY/CODE:
Public Contract Code: 20111
Board Policy 3310

STAFF RECOMMENDATION:
Approve the contracts with Consultants or Independent Contractors as submitted.

BERKELEY UNIFIED SCHOOL DISTRICT

TO:                 Brent Stephens, Ed.D. Superintendent 
FROM:           Pauline Follansbee, Assistant Superintendent Business Services
DATE:            September 16, 2020
SUBJECT:     Ratification of District Insurance Premiums and Broker Fees for FY 2020-2021

BACKGROUND INFORMATION:

Alliance of Schools for Cooperative Insurance Programs (ASCIP)

The District entered into an agreement with ASCIP in the year 2002 to provide general liability and property insurance coverage for the District. 

For the Fiscal Year 2020-21, the premium is $1,004,068 which is an increase of $126,328. over the previous year. 

For the Fiscal Year 2019-2020, the premium is $877,740 which is an increase of $84,383 over the prior year.  

By comparison for Fiscal Year 2018-2019, the insurance premium for ASCIP was $793,357.

The premium increase is a result of an increased property valuation and the excess liability rating.

The insurance market has been increasing cost due to extreme property losses

(continuous years of CA wildfires) and recent legislation (namely AB 218 for Childhood Sexual Assault). This is resulting in larger losses and exposure for reinsurers, which is charging more for the coverage.

Historically ASCIP has maintained very stable rates in their Property & Liability program and they were able to keep our increases to a lower rate, when other insurers had significantly greater increases, some even as much as 100% in P/L.

The Worker’s Compensation rates have continually seen decreases in the recent years and we have been returning equity to our members, based on how well we have performed.

Here is some more explanation for the attached comparison: (see attached)

The property increase is largely due to the rate increase as a result of the increase in losses to reinsurers, which can be attributed to broader external losses as well as increased losses within the pool.

• Liability actually decreased due to your experience modification (Ex Mod), so this is great news.
  
  
• CSA (Childhood Sexual Assault) is now its own separate line of coverage on a claim made basis which will help to have better cost prediction of future losses and is largely attributable to AB 218 and increase in verdicts.
  
  
• Auto Liability for Buses and Others actually had a decrease in ex mod, but an overall increase due to increased count.

SELF is your excess carrier and this increase is largely due to CSA claims

Staff is satisfied with the services provided by ASCIP and is requesting approval to continue their contract through June 30, 2021 at this rate. 

POLICY/CODE:
Labor Code Sections 3700 to 3705

FISCAL IMPACT:
$1,004,068 is within the General Fund Budget

STAFF RECOMMENDATION:
Approval of Ratification of payment for insurance premiums and broker cost for Fiscal Year 2020-21

BERKELEY UNIFIED SCHOOL DISTRICT 

TO:              Brent Stephens, Ed.D., Superintendent
FROM:         Shawn Mansager, Executive Director of Special Education
DATE:          August 19, 2020
SUBJECT:      Approval of Master Contract for Nonpublic Agency Services for the 20120-2021 School Year 

BACKGROUND INFORMATION:
The District contracts with nonpublic agencies, when necessary, to provide related services to students with Individualized Education Programs (IEP). The following nonpublic agencies provide related services as defined in Section 1401 of Title 20 of the U.S. Code and section 300.34 of Title 34 of the Code of Federal Regulations, and California Ed. Code 56363 to enable students with IEPs to benefit from their special education. An individual service agreement (ISA) is developed for each student to whom the service provider is to provide special education or related services.

POLICY/CODE:
Education Code 56363         

FISCAL IMPACT:
Not to exceed $394,593.00 funded from the Special Education Budget which may require an additional contribution from the General Fund.

STAFF RECOMMENDATION:
Approve the Master Contract for the Nonpublic Agency listed above.

BERKELEY UNIFIED SCHOOL DISTRICT

TO:              Brent Stephens, Ed.D., Superintendent
FROM:         Shawn Mansager, Executive Director of Special Education
DATE:          September 16, 2020
SUBJECT:      Approval of Master Contract for Nonpublic School for the 2020-2021 School Year 

BACKGROUND INFORMATION:
The District contracts with nonpublic schools, when necessary to provide an appropriate placement, special education and/or related services if no appropriate public education program is available.  For students requiring nonpublic school day programs, the cost is for tuition for the educational program and services.  An individual service agreement (ISA) is developed for each student to whom the service provider is to provide special education or related services.

Transportation costs are included in the special education transportation budget.  All nonpublic schools must be approved by the California Department of Education. Services are provided pursuant to Ed. Code Section 56034 and 56366. Students enrolled in nonpublic schools are deemed enrolled in public schools.

POLICY/CODE:
Education Code 56034,56366         

FISCAL IMPACT:
Not to exceed $431,336.00 funded from the Special Education Budget which may require an additional contribution from the General Fund.

STAFF RECOMMENDATION:
Approve the Master Contract for the Nonpublic School listed above.

BERKELEY UNIFIED SCHOOL DISTRICT

TO:           Brent Stephens, Ed.D, Superintendent
FROM:       Pauline Follansbee, Assistant Superintendent Business Services
DATE:        September 16, 2020
SUBJECT: Resolution 20-001 Series B; Refunding of General Obligation Bonds 2020 

BACKGROUND INFORMATION:
Refunding of General Obligation Bonds 2020

The purpose of refunding/refinancing prior general obligation bonds is to obtain a lower interest rate and create savings to taxpayers.  Staff has been in discussions with our financial advisor regarding the best time to refund our general obligation bonds. In 2020, tax-exempt and taxable interest rates have hit record lows (high prices low yields. The District’s General Obligation Bonds, Election of 2000, Series 2020 (“2020 Bonds”) Interest rates are low enough that refunding these bonds will provide a net present value savings estimated to be approximately 7.8 % or over $962,834 with future value or actual dollar savings of over $1,060,513 over the remaining 9 years of the bonds.

The plan is to competitively sell the proposed 2020 Refunding General Obligation Bonds (“2020 Refunding Bonds”) the week of October 19^th  and close the week of November 2^nd and redeem outstanding $12,450,000 on about December 5^th, 2020. This is a current refunding of the 2013 General Obligation Bonds Series.  

It is possible that interest rates can increase before the District can enter the market. If interest rates do not change, the District taxpayers in aggregate will realize the savings described in the first paragraph. At minimum, the District would not proceed with the refunding unless our established minimum net present value savings of no less than 5% of the refunded bonds is met. Staff is recommending that the Board grant approval for issuing the 2020 Refunding Bonds.  See attached Resolution.

POLICY/CODE:
California Education Code 15100-15111
Government Code Section 53550

FISCAL IMPACT:
No financial impact on District Funds.  For refunding (refinancing) the 2020 Bonds and paying costs of this financing, the District will receive up to $12,450,373.57 refunding proceeds and/or bond premium, all of which, net of underwriting spread and costs of issuance, will be applied directly to the purpose of refunding the 2013 Bonds.  By law, the maximum true interest cost on either issue of the bonds shall not exceed 12% per annum All present and future tax rate constraints imposed by current law or District policy are expected to be met. 

BERKELEY UNIFIED SCHOOL DISTRICT

TO: Brent Stephens, Ed.D., Superintendent 
FROM: John Calise, Executive Director of Facilities 
DATE: September 16, 2020
SUBJECT: Approval of Contract with HY Architects for District-Wide Handwashing Capacity Project

BACKGROUND INFORMATION:
On May 6, 2020 the Board authorized as an action item that we hire HY Architects and the necessary engineering sub consultants to perform a feasibility analysis on the installation of additional handwashing fixtures to increase capacity at BUSD campuses.  HY Architects along with sub-consultant plumbing and electrical engineers completed the analysis and cost estimating associated with this project for each campus. 

On July 15, 2020, the Board approved on consent the full costs of the project to add additional handwashing stations throughout the District, estimated at $9.3M.

At the Board of Education meeting on September 2, the Board guided the Superintendent to separate the overall project into two phases for the Board's consideration: a "design" phase and a "construction" phase. At this evening's Board meeting, staff requests Board approval for the design phase of the project, which is, in keeping with Board action on July 15, already underway. 

The scope of work included in the HY Architectural services contract includes, but is not limited to: 

Complete ADA Analysis and required designs for modification

Architectural Designs

Plumbing Engineer Sub Consultant

Structural Designs for canopy systems as needed

Electrical Designs as needed

Consultation with the Division of State Architect (DSA)

20 Separate DSA Submittal packages

Contract Administration Services

At a subsequent Board of Education meeting, staff will present the final designs for the project and seek authorization from the Board to proceed to the construction phase of this work.

POLICY/CODE:
Public Contract Code 10510.4 – 10510.9.

FISCAL IMPACT:
Contract award by this action: $375,000. to be Paid from Measure I Bond Funds.  Project budget to be established within the Measure G Bond allocation.

STAFF RECOMMENDATION:
Approve contract with HY Architects for the Handwashing Capacity Project. 

BERKELEY UNIFIED SCHOOL DISTRICT 

TO: Brent Stephens, Ed.D., Superintendent
FROM: John Calise, Executive Director of Facilities 
DATE: September 16, 2020
SUBJECT: Accept the Completion of the VAPA Project at West Campus and Approve Resolution Number 21-004

BACKGROUND INFORMATION:
On October 24, 2018, the Board awarded a contract to Rodan Builders, Inc. to modernize the West Campus Boys Gymnasium to house the VAPA program.   The project is now complete and staff requests Board acceptance of the project which will allow filing a Notice of Completion with the County and permit release of retention. 

POLICY/CODE:
California Public Contract Code 20110-20118.  

FISCAL IMPACT:
The project was funded with Measure I bond funds.  The project had change orders in the amount of 9%.

STAFF RECOMMENDATION:
Accept the project as complete and approve resolution number 21-004.

BERKELEY UNIFIED SCHOOL DISTRICT 

TO: Brent Stephens, Ed.D., Superintendent
FROM: John Calise, Executive Director of Facilities 
DATE: September 16, 2020
SUBJECT: Accept the Completion of the CTE Dust Collection Project at Berkeley High School and Approve Resolution Number 21-005

BACKGROUND INFORMATION:
On December 11, 2019 the Board awarded a contract to Mar Con Builders, Inc. through the The California Uniform Public Construction Cost Accounting Act (CUPCCAA) process to upgrade the dust collector for the CTE Carpentry program.   The project is now complete and staff requests Board acceptance of the project which will allow filing a Notice of Completion with the County and permit release of retention. 

POLICY/CODE:
California Public Contract Code 20110-20118.  

FISCAL IMPACT:
The project was funded with Measure I bond funds.  The project had no change orders.

STAFF RECOMMENDATION:
Accept the project as complete and approve resolution number 21-005

BERKELEY UNIFIED SCHOOL DISTRICT 

TO: Brent Stephens, Ed.D., Superintendent
FROM: John Calise, Executive Director of Facilities 
DATE: September 16, 2020
SUBJECT: Accept the Completion of an Energy Contract with Clear Blue Energy for Prop. 39 Lighting Projects and Approve Resolution Number 21-003

BACKGROUND INFORMATION:
On April 10, 2019 the Board awarded a contract to Clear Blue Energy in accordance with Government Code 4217 to perform electrical lighting retrofits allowed under Proposition 39. The Board approved a change order on June 26, 2019 for additional costs. Following this Board approved change order, several additional changes were identified to maximize the effectiveness of the project and capture more energy efficiency.  These additional change orders are within 10% of the Board approved contract and change order. The majority of the costs were fully contained within the Proposition 39 grant, with the remaining portion being funded by Measure H.  The project is now complete and staff requests Board acceptance of the project which will allow filing a Notice of Completion with the County and permit release of retention. 

POLICY/CODE:
California Public Contract Code 20110-20118.  

FISCAL IMPACT:
The project was funded with Prop. 39 and Measure H funds.  

STAFF RECOMMENDATION:
Accept the project as complete and approve resolution number 21-003

BERKELEY UNIFIED SCHOOL DISTRICT

TO:              Brent Stephens, Superintendent
FROM:        Baje Thiara, Associate Superintendent, Educational Services
DATE:         September 16, 2020
SUBJECT:   YMCA of the East Bay/ Early Childhood Impact – Head Start

BACKGROUND INFORMATION:
BUSD is contracted annually to provide services for the YMCA of the East Bay/Early Childhood Impact Head Start Program as a part of the BUSD pre-school services. BUSD pre-schools provide Head Start enhanced services for 100 preschool students each year at a rate of $356.28 per month per student, plus $15,000 towards mental health services, and one-time funding of $87,800 in response to COVID-19. Services required by Head Start include home visits for each student, additional screening and assessments for each student, and individual student plans. The annual contract total for BUSD pre-schools will be $459,076 for the 2020-2021 school year.

Funds received from Head Start will be used to pay for additional requirements, materials, and a coordinator to ensure compliance with Head Start regulations and oversee annual monitoring and audits.

GOAL: Curriculum & Instruction: Increase the academic achievement of all students through effective instruction, a challenging and engaging curriculum, and aligned assessments.

• Pre-K: Prepare pre-school children for success in elementary school by providing age appropriate curriculum and instruction that nurture and develop children’s academic, social, emotional and physical well-being.

POLICY/CODE:
California Development Division
Ed Code Title 5

FISCAL IMPACT:
Payment of $459,076 will be paid by YMCA of the East Bay to BUSD’s child development program for these services.

STAFF RECOMMENDATION:
Approve the contract with YMCA of the East Bay.

BERKELEY UNIFIED SCHOOL DISTRICT

To: Board of Education

From: Brent Stephens, Superintendent

Date: September 2, 2020

Re: Update on School Reopening

Most California counties continue to be identified by the state of California for a COVID-19 "watch list", and school facilities in these counties remain closed. 

In this presentation, the Superintendent and staff will update the Board of Education on current health conditions in Alameda County; describe the requirements of Alameda County's elementary waiver application; and describe the status of the district's preparations with respect to these waiver requirements.

BERKELEY UNIFIED SCHOOL DISTRICT

TO:                  Dr. Stephens, Superintendent
FROM:             Bajé Thiara, Associate Superintendent
                            Michelle Sinclair, Director of State, Federal, & Special Projects
PRESENTERS:  Michelle Sinclair, Director
DATE:              September 16, 2020
SUBJECT:         Revision Process, and Finalized Draft Learning Continuity and Attendance Plan (LCP)

PURPOSE:
To present feedback collected from various stakeholder groups on the Learning Continuity and Attendance Plan (LCP), and to explain the revision process leading to the final draft LCP proposed for adoption.

BACKGROUND:
On August 16th information was presented to the Board of Education on Senate Bill (SB) 98. SB 98 made changes to school accountability in the 2020-2021 school year, suspended the 2019-2020 LCAP annual report, and introduced a new requirement, the Learning Continuity and Attendance Plan. A draft Learning Continuity and Attendance Plan was presented to the Board of Education on September 2, 2020. Tonight we will present the revised draft LCP for adoption.

Stakeholder Engagement groups that reviewed the plan include:

      District English Language Advisory Committee (DELAC)

      Parent Advisory Committee (PAC)

      Education Advisory Group (EAC)

      PCAD, Black/African American Families stakeholder group

NEXT STEPS:

      September 16, 2020 - Proposed adoption of LCP at Board Meeting

      September 21, 2020 - LCP due to the Superintendent of Schools, Alameda County office of Education (ACOE)

      October 30, 2020 (or sooner) - ACOE reviews LCP and may provide written recommendations within 30 days

      November 30, 2020 (or sooner) - Recommendations reviewed by governing body within 15 days

FISCAL IMPACT:
N/A

ATTACHMENTS:
LCP Slide Presentation 9-16-20

BERKELEY UNIFIED SCHOOL DISTRICT

TO:                 Brent Stephens., Superintendent
FROM:           Pauline Follansbee, Assistant Superintendent of Business Services
DATE:            September 16, 2020
SUBJECT:     2019-20 Unaudited Actuals

BACKGROUND INFORMATION:
The 2019-20 Unaudited Actuals is a term that refers to the “closed” financial books of the District prior to the independent audit of the financial records. Closing the books means that all known expenditures and revenues for the Fiscal Year 2019-20 have been posted to the financial ledgers of the District.  

Staff will present information on Unaudited Actuals for Fiscal Year 2019-20 (under separate cover)

FISCAL IMPACT:
The summary of the District’s financial status for the year end closing for Fiscal Year 2019-20 is included under separate cover as part of the Unaudited Actual Report.              

POLICY CODE:
California Education Sections 42122-42129

STAFF RECOMMENDATION:
Approve the 2019-20 Unaudited Actuals (under separate cover).

BERKELEY UNIFIED SCHOOL DISTRICT

TO:                 Brent Stephens, Ed.D, Superintendent
FROM:           Pauline Follansbee, Assistant Superintendent Business Services
DATE:            September 16, 2020
SUBJECT:     Resolution for $2,200,000 General Obligation Bonds, Election 2020 Series A, 67,800,000 General Obligation Bonds, Election 2020 Series B

BACKGROUND INFORMATION:

General Obligation Bonds, Election 2020 Series A

General Obligation Bonds, Election 2020 Series B

On March 3, 2020, voters approved Measure G Bond for $380,000,000. The proceeds authorized from Measure G will used only for construction, reconstructions, rehabilitation or replacement for school facilities on the Bond Project List including furnishing and equipping of said school facilities or the acquisition or least of real property for said schools and not for any other purpose.

The original Plan of Finance targeted 2021 for the first issuance of Measure G.  For the District to proceed with the facilities plan and approved projects, bond proceeds are needed by late fall with the primary construction of the Community Theater.  A cashflow plan has been prepared by the District and been reviewed by KNN the District’s Municipal Advisor.

The District now desires to issue the first series of bonds under Measure B in aggregate principal amount not-to-exceed $70,000,000.

The Resolution authorizes the issuance of the Bonds, specifies the basic terms, parameters and form of the Bonds and approves the form of Notice Inviting Proposals for Purchase of the Bonds, the form of Notice of Intention to Sell, the form of Preliminary Official Statement, and the form of Continuing Disclosure Certificate. The Resolution authorizes the bonds be sold at a competitive sale, and authorizes KNN Public Finance, the District’s Municipal Advisor, to solicit bids from prospective bidders, and award the sale of the Bonds on the basis of the lowest true interest cost.

FISCAL IMPACT:
No financial impact on District Funds.

Persons wishing to address the Board should fill out a green speaker card.  Cards turned in for the earlier open session public testimony will be given priority.  Speakers will be randomly selected based on topic and position, with BUSD students generally given priority.  Public Testimony is limited to 15 minutes with a 3-minute limit per speaker per topic although the time allotted per speaker may be reduced to 2 minutes at the discretion of the President.