Jan 24, 2023 Special Board Meetings

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GOOD MORNING, IT IS 10:05 A.M, AND THIS IS A REGULARLY CALLED SPECIAL MEETING, NOT

[I. Call to Order and Determination of a Quorum]

I WILL NOTE THAT MR. MILLER AND MR. SELDERS ARE NOT PRESENT AT THIS TIME.

MR. MILLER WILL PROBABLY BE ATTENDING REMOTELY.

OH, HE IS. HE IS.

HE IS APPARENTLY NOW ATTENDING REMOTELY, AND MR. SELDERS WILL BE HERE SHORTLY.

THE ONLY REAL AGENDA ITEM WE HAVE WITH RESPECT TODAY IS FOR DISCUSSION OF FACILITIES

[III.A. Discuss Bond 2023, Long-Range Facilities Planning and Recommendations of the Citizen Bond Steering Committee]

SO, DR. LOPEZ.

GOOD MORNING, BOARD PRESIDENT.

ACTUALLY, BEFORE THAT, I FORGOT WE HAVE TO HAVE PUBLIC FORUM.

DO WE HAVE ANY CARDS IN THIS FORUM? OKAY, ALL RIGHT, I ASSUME WE DID NOT, BUT MOVING ON TO DISCUSSION ITEM THREE DISCUSS THE BOND 2023 LONG RANGE FACILITIES PLANNING.

DR. LOPEZ. WELL, GOOD MORNING, BOARD PRESIDENT, TRUSTEES, IN-PERSON AND VIRTUAL.

GOOD TO SEE YOU. JAMIE MILLER, GOOD TO SEE YOU.

WELL, TODAY IS AN EXCITING DAY AS WE ARE NOW GOING INTO THE NEXT PHASE OF OUR BOND PLANNING SESSION FOR A POTENTIAL MAY 2023 BOND REFERENDUM.

THE LAST TIME WE HEARD ABOUT THE DIFFERENT ASPECTS OF THE BOND INCLUDED THE CITIZENS BOND STEERING COMMITTEE AS A REMINDER WITH THE CITIZENS BOND STEERING COMMITTEE DID WAS THEY LOOKED AT A NUMBER OF PROJECTS THAT WE SCALED DOWN FROM 3 BILLION TO 1.9 BILLION.

FROM THAT 1.9 BILLION, THEY WENT AHEAD AND DID AN ANALYSIS OF WHAT PROBABLY THE STAKEHOLDERS HERE IN GARLAND COULD AFFORD ON THE THRESHOLD FOR A POTENTIAL BOND REFERENDUM, WHICH IS BEFORE YOU.

IT'S A VERY COMPREHENSIVE LOOK.

THE BEAUTY OF THIS IS IT'S A VERY NUTS AND BOLTS PROJECT ORIENTED BOND REFERENDUM.

YOU WILL SEE THINGS FOR FINE ARTS TO INCLUDE THE AUDITORIUM REPAIRS AT EVERY HIGH SCHOOL.

YOU WILL SEE THINGS AND TO INCLUDE THE DANCE HALL RENOVATIONS.

YOU WILL SEE THINGS FOR ATHLETICS, FOR TURF, AND FOR THE SOFTBALL FIELDS AND BASEBALL FIELDS. YOU WILL SEE THINGS FOR NEW SCHOOLS REIMAGINING SOME OF OUR OLDEST CAMPUSES THAT ARE SO COSTLY TO MAINTAIN AND TO BE ABLE TO REFURBISH THEM AND THEN RENEW THEM.

YOU WILL SEE THAT WE ARE LOOKING AT EXPANDING THIS BEAUTIFUL FACILITY, THE GRCTC, WHAT COMES OUT OF HERE IS SECOND TO NONE.

WE'VE HEARD TESTIMONIALS ON THE SHORT TIME THAT THIS HAS OPENED AND THE IMPACT THAT IT'S HAD ON OUR STUDENTS.

YOU WILL SEE THAT OUR INFRASTRUCTURE REALLY NEEDS TO BE HANDLED.

WHAT WE'VE LEARNED FROM EVEN LIKE SOUTHWEST AIRLINES AND DIFFERENT TYPE OF ORGANIZATIONS, WHEN YOU DON'T UPDATE YOUR INFRASTRUCTURE, YOU'RE JUST WAITING FOR BAD THINGS TO HAPPEN.

SO YOU WILL SEE US RE-CERTIFYING AND RELOCATING OUR TECHNOLOGY CENTER.

THE TECHNOLOGY CENTER AND BUILDING A NEW ONE WILL HELP FORTIFY ALL THE SERVERS THAT ARE THERE. AS A REMINDER, THE SERVERS NOT ONLY DO WI-FI, THEY DEAL WITH SECURITY, ALL THE CAMERAS LIGHTING, HEAT, ANYTHING AND EVERYTHING THAT GOES INTO A SCHOOL NOW IS NOW THAT'S OUR BRAIN. THAT'S OUR THAT'S OUR HUB.

OUR TRANSPORTATION DEPARTMENT IS OUTDATED.

MUCH LIKE THE FIREHOUSES, THE ENGINES HAVE CHANGED SO THEY WEREN'T FITTING IN BAYS ANYMORE, AND WE NEED A NEW FIREHOUSE AS WELL.

A LOT OF THE DYNAMICS FOR BUSSES HAVE CHANGED.

SO WE NEED TO REIMAGINE HOW WE DO THE TRANSPORTATION DEPARTMENT BECAUSE IT'S WHAT KEEPS US AFLOAT, AND I CAN GO ON AND ON AND ON.

YOU'LL HEAR ABOUT ALL DIFFERENT ASPECTS OF GOING INTO THIS BOND REFERENDUM.

WE HAVE A REALLY NICE FACILITY THAT IS ALSO PROPOSED AND AT THE END, ADMINISTRATION IS GOING TO COME BACK AND ASK FOR AN ADDITIONAL ASK TO LOOK AT THIS WHOLE REFERENDUM BECAUSE WE FEEL THAT IT WILL STRONGLY IMPACT THE DISTRICT AND IT GOES IN LINE WITH THE BOND STEERING COMMITTEE, WHAT THEY HAVE OVERVIEWED.

IT'S NOTHING NEW.

IT'S PART OF OUR NUTS AND BOLTS ASPECT.

THIS ISN'T AN EXTRAORDINARY ASK.

SO WE'RE GOING TO GO AHEAD AND DISCUSS THAT.

THE SECOND THING I WANT TO DO IS GO OVER THE AGENDA BEFORE WE GO INTO HANDING IT OFF.

IF WE LOOK AT OUR AGENDA, WE'RE GOING TO BE GOING INTO DIFFERENT PARTS.

THE FIRST PART IS IT'S GOING TO BE THE LONG RANGE FACILITY PLANNING AND RECOMMENDATIONS FROM THE BOND STEERING COMMITTEE.

WE'RE GOING TO REVISIT THESE PROJECTS.

SOME OF THEM ARE GOING TO BE A HIGH LEVEL OVERVIEW AND A REPEAT OF WHAT YOU'VE HEARD BEFORE, AND THEN THE REST WILL BE GOING DEEP DOWN AND JUST DRILLING INTO WHATEVER

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THE SECOND PART OF THE REFERENDUM IS WE HAVE TO LOOK AT THE SCOPE OF WORK THAT NEEDS TO BE DONE AND AGREE ON THE SCOPE OF WORK BEFORE WE CAN MOVE ON, BECAUSE THE REASON WHY WE HAVE TO AGREE ON THAT SCOPE OF WORK, IF WE DON'T, THEN WE DON'T KNOW HOW TO MANAGE IT BECAUSE THEN WE'RE GOING TO GO INTO HOW DO WE WANT THIS BOND TO BE MANAGED, AND WE HAVE THREE OPTIONS THAT WE AFFORDED AT THE BOARD, AND THEN WE'LL GO INTO THOSE DISCUSSIONS ON HOW WE FEEL AS A BOARD THAT BOND SHOULD BE MANAGED.

SO THEN WE HAVE TO ADD THAT PORTION OF THE BOND MANAGEMENT TO THE BOND PACKAGE.

I'M GOING TO SAY THAT ONE MORE TIME.

WE HAVE TO ADD THE PORTION OF BOND MANAGEMENT TO THE BOND BECAUSE NOW IT BECOMES PART OF THE FINANCING OF THE ENTIRE PACKAGE.

SO ONCE WE DO THAT, WE GO INTO THE LAST PART.

THE LAST PART IS PLAIN AND SIMPLY HOW ARE WE GOING TO FINANCE IT? AND IT GIVES THE BOARD AMPLE DISCUSSION TIME TO LOOK AT EVERY ASPECT ON HOW TO ADEQUATELY FINANCE THIS ENTIRE PROJECT.

SO AS WE GO THROUGH THESE THINGS, UNDERSTAND WE HAVE A LOT OF TIME TO HAVE DISCUSSIONS.

MAYBE SOME DISCUSSIONS WILL FLOW FASTER THAN OTHERS, BUT IN THE TOTALITY OF THIS WHOLE EVENT, WE ARE GOING TO GET A LOT DONE.

EVERYBODY'S GOING TO HAVE A VOICE, AND I FEEL THAT THE BOND STEERING COMMITTEE DID A TREMENDOUS JOB.

I REALLY WANT TO GIVE TRANSCEND A SHOUT OUT.

I REALLY FEEL THAT THEY DID AN EXCELLENT JOB OF JUST BEING WHAT I WOULD CALL NEUTRAL, GETTING THE RECOMMENDATIONS FROM THE COMMITTEE, ALLOWING THEM TO VOTE AND PROPOSE WHAT THEY'RE GOING TO BE PROPOSING HERE FOR YOU TODAY.

NOW, LAST WEEK WE HAD TWO PRESENTERS THAT WERE FROM THE BOND COMMITTEE.

RICH AND BRIAN.

NOW RICH IS HERE TODAY.

BRIAN IS HERE WITH US IN SPIRIT, AND SO WE'RE NOW GOING TO HAVE OUR ADMINISTRATION PRESENT THEIR FINDINGS HERE FOR YOUR DISCUSSION AND FOR YOUR REVIEW.

SO WITH THAT, I'M GOING TO INVITE PAUL GONZALEZ AND JAVIER FERNANDEZ.

PRESIDENT JOHNSON, BOARD OF TRUSTEES, DR.

LOPEZ, PAUL GONZALEZ.

JAVIER FERNANDEZ AND I WILL TAG TEAM THIS PRESENTATION.

THIS IS THE BOND 2023 AND LONG RANGE FACILITIES PLANNING.

AS WE DISCUSSED THROUGH THIS PROCESS, THE HISTORY APRIL 2019, YOU CAN SEE THE LONG RANGE PLAN INITIATION AND KICK OFF.

JUNE OF 2020 IS WHEN WE HAD OUR FIRST PUBLICATION ALSO IN THAT WE WERE IN COVID-19 OPERATIONS, AND THAT STARTED IN MARCH OF 2020.

SO JULY OF 2021, WE HAD AN UPDATE THAT WAS INITIATED, AND SO WITH THAT UPDATE AND THOSE DISCUSSIONS, WE CAME BACK IN JANUARY 2022 WITH ANOTHER UPDATE AND JULY OF 2022 WITH ANOTHER UPDATE, BECAUSE THROUGH THIS PROCESS AS WE'VE SEEN WITH APPRAISAL VALUES AND CONSTRUCTION COST, WE KNOW THERE HAS BEEN INFLATION COST THROUGH THIS ENTIRE PROCESS AND THEN SEPTEMBER 2022, THE BOARD OF TRUSTEES APPROVED THE GARLAND ISD CITIZEN BOND STEERING COMMITTEE, AND THEN JANUARY 2023, THE CO-CHAIRS FOR THAT COMMITTEE, RICH AUBIN AND BRIAN ROBINSON, PRESENTED THE COMMITTEE RECOMMENDATION TO THE GISD BOARD OF TRUSTEES, WHICH YOU WILL SEE AGAIN TODAY.

SO JUST TO HIGHLIGHT THAT PROCESS, THE COMMITTEE, THEY SHARED THIS WITH YOU.

YOU CAN SEE WHAT EACH OF THOSE MEETINGS ENTAILED.

I WILL NOT READ THROUGH ALL OF THOSE, BUT IT WAS SIX TOTAL MEETINGS THROUGH THE FALL SEMESTER WITH MANY OF OUR COMMUNITY MEMBERS REPRESENTED FROM STUDENTS TO STAFF TO STAKEHOLDERS, CITY LEADERS, BUSINESS LEADERS, GRANDPARENTS AND PARENTS IN THAT PROCESS, BUT WITH THAT, IT COVERED EVERYTHING FROM SCHOOL FINANCE 101 TO THE HISTORY OF OUR FACILITIES, THEIR FCI SCORES, THE FACILITIES CONDITION INDEX, WHICH SHOWS THE NEED FOR REPLACEMENT, AND THEN THE FINAL TWO MEETINGS.

IN ORDER FOR THESE PROJECTS TO MAKE, THERE HAD TO BE A SUPERMAJORITY VOTE AT THE TABLE, MEANING TWO THIRDS PLUS HAD TO VOTE YES AT THE TABLE.

THEN, FOR THE PROJECT TO MAKE FOR A COMMITTEE RECOMMENDATION, IT HAD TO HAVE MORE THAN TWO THIRDS OF THE TABLES ALSO VOTE YES TO COME FORWARD, AND SO THE CHARGE GIVEN TO THAT COMMITTEE WAS TO DEVELOP A SCHOOL FACILITY REFERENDUM RECOMMENDATION THAT IS FISCALLY SOUND FOR PRESENTATION TO THE GARLAND ISD BOARD OF TRUSTEES AND ULTIMATELY TO THE GARLAND ISD COMMUNITY.

SO THE HISTORY OF THIS PROCESS STARTED WITH ROUGHLY 3 BILLION IN PROJECTS AND AS I NOTED BEFORE, WITH INFLATION THROUGH THE YEARS, THAT SHOULD NOT BE SURPRISING.

JUST TO HIGHLIGHT IN 2002 BOND PROGRAM, AN ELEMENTARY SCHOOL I'M SORRY, A HIGH SCHOOL

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NOW IT'S OVER $200 MILLION TO BUILD A HIGH SCHOOL REDUCED PROJECT SCOPE IN THAT PROCESS.

SO PRIORITY TWO AND THREE ITEMS WERE REMOVED.

WHAT THIS MEANS IS THESE ARE ITEMS STILL WITHIN THEIR LIFECYCLE.

THESE CAN BE PUSHED TO A FUTURE BOND PROGRAM IN 5 TO 7 YEARS.

THESE HAVE BEEN NOTED IN THAT BIG EIGHT INCH BINDER THAT YOU RECEIVED IN 2020 AND EACH OF THOSE UPDATES. SO WITH THESE ITEMS OUT, THAT'S ROUGHLY 1.1 BILLION.

PROJECTS THE COMMITTEE DID NOT APPROVE.

I WILL NOT READ EVERY SINGLE DOLLAR AMOUNT ON HERE BECAUSE YOU CAN SEE IT ON THE SCREEN, BUT YOU CAN SEE THAT THE COMMITTEE AS A CONSENSUS, DID NOT APPROVE THESE SPECIAL PROJECTS. THE NEW PRE-K SCHOOL, THE FOURTH ELEMENTARY SCHOOL, MIDDLE SCHOOL REPLACEMENT, A PERFORMING ARTS CENTER, A NEW EMPLOYEE CLINIC, A NEW PRINT SHOP, ROWLETT, BACK, CLUB HILL ELEMENTARY SCHOOL PROTOTYPE CLASSROOMS, THE LAKEVIEW CENTENNIAL REBUILD, WHICH MEANS THERE'S A CTE SECTION AT CENTENNIAL THAT IS UNUSABLE AT THIS TIME JUST DUE TO WEAR AND TEAR ON THAT FACILITY AND THE DISTRICT WIDE NEEDS NETWORK INFRASTRUCTURE.

SO THAT TOTAL CAME OUT TO ROUGHLY $450 MILLION.

MAJOR PROJECTS CONSOLIDATED/REMOVED/REDUCED.

YOU CAN SEE HERE ITEMS IN RED, AS THIS PROCESS CAME FORWARD, WERE REMOVED FROM THAT BOND PROGRAM TO GET TO A FISCALLY SOUND NUMBER FOR PRESENTATION TO THE BOARD OF TRUSTEES. SO YOU CAN SEE VARIOUS HIGHLIGHTS.

THAT'S A LOT OF DETAIL TO COVER.

SO THIS IS THE VERY HIGH LEVEL OF WHAT WAS REMOVED.

SO FOR EXAMPLE, WHEN YOU SEE MEMORIAL PATHWAY ACADEMY REMOVE ALL PRIORITY NUMBER ONE, YOU'RE GOING TO SEE LATER THERE'S A RECOMMENDATION TO REBUILD MPA WITH THE STUDENT SERVICES CENTER FOR A COMBINED DOLLAR AMOUNT.

SO EVEN THOUGH ITEMS WERE REMOVED, IT MAY HAVE BEEN ADDED AS A SPECIAL PROJECT IN THIS PROCESS, AND THEN YOU CAN SEE ITEMS THAT WERE PRIOR REPRIORITIZE THAT DID ADD TO THIS ALSO. SO THE BIGGEST DOLLAR AMOUNTS THAT YOU CAN SEE ON HERE OF ITEMS NOT APPROVED, WE DID REDUCE ROOFING SCOPE ACROSS THE DISTRICT.

WHAT DOES THAT MEAN? WE DID NOT REMOVE ALL ROOFS TO BE REPLACED.

THERE ARE ROOFS THAT ARE STILL WITHIN THAT LIFE CYCLE, THAT MAINTENANCE IDENTIFIED THAT CAN BE PUSHED TO A FUTURE BOND PROGRAM IF DONE IN 5 TO 7 YEARS, AND SO, AS YOU CAN SEE, THE BIG ITEMS, THAT WAS $52 MILLION, ANOTHER ONE THAT WAS BIG WAS MIDDLE SCHOOL AND HIGH SCHOOL PORTABLE REMOVAL AND ADDITIONS THAT CAME OUT TO ALMOST $100 MILLION BEING REMOVED FROM THE SCOPE ON THE PORTABLE PIECE.

PAUL GONZALEZ NOTED THAT HE BELIEVES AND HE HAS EXPERIENCE OF DOING THIS, THAT HIS MAINTENANCE TEAMS THROUGH THE YEARS CAN REMOVE THOSE PORTABLES VERSUS PUTTING THAT INTO THE BOND PROGRAM, AND SO WHAT THEY BOND PROGRAM GOAL BEING TO WE DO NOT UTILIZE THOSE PORTABLES FOR CLASSROOMS. SO IN THE TRANSITION OF THEM UNTIL THEY WERE REMOVED THEY WOULD STILL NOT BE USED AS A CLASSROOM FOR THAT SAFETY AND SECURITY PIECE.

CLASSROOM DOOR HARDWARE.

WHAT DOES THAT MEAN? THERE WAS A RECOMMENDATION, NOT A REQUIREMENT ON DOOR LOCKS SIMILAR TO A HOTEL ROOM, THAT WHEN THE DOOR SHUTS, IT'S LOCKED ALL THE TIME.

YOU CAN'T UNLOCK IT WITHOUT A KEY.

OUR DOORS MEET COMPLIANCE.

THEY ARE LOCKED FROM THE INSIDE.

THEY HAVE A TOGGLE THAT CAN BE SWITCHED TO UNLOCKED.

SO IT DOES ALLOW THAT DOOR TO BE UNLOCKED.

THAT WAS NOT A REQUIREMENT FROM JUST A RECOMMENDATION, BUT SINCE WE ARE COMPLIANT, WE REMOVED THAT. THAT WAS ROUGHLY $16 MILLION.

MR. PRESIDENT. YES, MISS GRIFFIN.

EXCUSE ME, I HAVE A QUESTION.

DR. RINGO, YOU KEEP REFERRING TO THE LIFE CYCLE, BUT YOU DON'T SAY WHAT THAT LIFE CYCLE IS, AND THAT'S ONE QUESTION, AND THEN IN THIS CONSOLIDATED AND REMOVED AND REDUCE THE COST THAT'S IN HERE IS THE AMOUNT THAT WAS TAKEN OUT, BUT WE DON'T HAVE OR DO WE HAVE A DOCUMENT TODAY THAT ACTUALLY SHOWS US WHAT THAT PROJECT AMOUNT ENDS UP BEING? WILL WE GET TO THAT LATER? GREAT QUESTIONS, MS. GRIFFIN, COMMENTS.

TO ANSWER THE SECOND ONE FIRST, YES, YOU DO HAVE A PROJECT AMOUNT THAT WE WILL GET TO LATER WHERE YOU WILL SEE BY PROJECT THE COST AMOUNT FOR EVERY SINGLE FACILITY IN THE DISTRICT AND WHAT THAT TOTAL COST IS.

ALSO IN REGARDS TO THE FIRST QUESTION LIFE CYCLE, ANOTHER GREAT QUESTION.

FOR EXAMPLE, A CHILLER, MR. GONZALES 25 YEARS? YEP, 25 TO 30 YEARS.

SO WHEN A SCHOOL DISTRICT PURCHASES THE CHILLER TO HELP SUPPORT THE HVAC OF THAT FACILITY, IT IS EXPECTED TO LAST 25 TO 30 YEARS WITH PROPER MAINTENANCE SIMILAR TO THE AIR CONDITIONING UNITS, INDIVIDUAL PURCHASE FOR THEIR HOME.

THERE'S A LIFE CYCLE THAT THAT'S EXPECTED FOR IT TO BE ABLE TO LAST WITH SOME

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SO THE END OF THE LIFECYCLE, WHEN A PROJECT HITS THAT OR AN HVAC UNIT HITS THAT, WE HAVE TO LOOK AT REPLACING IT TO SUPPORT THAT FACILITY BECAUSE IF WE CANNOT REPLACE A CHILLER, FOR EXAMPLE, THERE'S NO WAY TO HAVE ANY SCHOOL IN THAT FACILITY WHEN IT'S 100 DEGREES OUTSIDE, BUT VARIOUS EQUIPMENT DOES HAVE YEARS OF LIFE.

I NEED TO INTERRUPT. MR. PRESIDENT, ARE WE GOING TO ASK QUESTIONS THROUGH THE ENTIRE PRESENTATION? ARE WE GOING TO INTERRUPT AND GO THROUGH AS WE QUESTIONED OR FORMULATED AS WE GO THROUGH THIS PROCESS? I DIDN'T HAVE A PROBLEM WITH THE PARTICULAR QUESTION.

I WOULD PREFER IT IF WE LET THE PRESENTATION GO, BUT THAT WAS A POINT OF CLARIFICATION THAT MS. GRIFFIN HAD ABOUT THE PRESENTATION ITSELF, NOT ABOUT ANY SPECIFIC PROJECT OR THINGS OF THAT NATURE, BUT IF YOU HAVE QUESTIONS REGARDING THE PROJECTS THAT HAVE BEEN PUT FORTH, THEN PLEASE KIND OF WAIT UNTIL THE PRESENTATION IS DONE AND THEN DR.

RINGO AND THE TEAM CAN ANSWER THOSE.

IF YOU HAVE A QUESTION ABOUT THE PRESENTATION, FEEL FREE, BECAUSE I DON'T WANT PEOPLE TO BE CONFUSED AS THAT GOES ON.

MR. GLICK. YEAH, COULD YOU JUST MAYBE REDEFINE WHAT YOU MEAN BY REPRIORITIZE? SOME OF THEM HAVE RED AND SOME OF THEM ARE IN BLACK? YEAH, GREAT QUESTION, MR. GLICK. SO WHAT YOU SEE IN THE RED IS A REDUCTION FROM THE BOND PROGRAM.

WHAT YOU SEE IN BLACK IS AN ADD TO THE BOND PROGRAM, AND SO THE VERY FIRST ONE WE SEE IN BLACK, YOU CAN SEE THE FIRST TWO LAKEVIEW CENTENNIAL HIGH SCHOOL.

THERE'S FINE ARTS UPGRADES FOR ALL HIGH SCHOOLS.

THAT IS THE AUDITORIUMS AT ALL SEVEN HIGH SCHOOL CAMPUSES, AND TAKING CARE OF THOSE FACILITIES WHERE YOU CAN SEE WITH LAKEVIEW CENTENNIAL HIGH SCHOOL, REMOVE PORTABLES AND BUILD AN ADDITION AS NEEDED. WE KNOW LAKEVIEW IS BEYOND CAPACITY, AND SO WE NEED TO BUILD AN ADDITION THERE, AND SO THAT COST OF BUILDING AN ADDITION AND REMOVING THOSE PORTABLES TO TAKE CARE OF THAT AT LAKEVIEW SPECIFICALLY IS ROUGHLY $16.7 MILLION.

SO WHEN YOU REPRIORITIZE IN RED.

SO, FOR EXAMPLE, LIKE THE SEVENTH DOWN, I THINK IS ROOFING REPLACEMENT.

SO THAT'S 52, ALMOST 53 MILLION.

ARE WE MOVING THAT TO POTENTIALLY ANOTHER BOND? IS THAT WHERE IT'S GOING TO COME FROM? YEAH, YOU ANSWERED YOU ANSWERED YOUR QUESTION, MR. GLICK. IF IT'S IN RED AND IT SAYS REPRIORITIZE, THAT MEANS IT'S THE NEXT BOND.

THIS BOND IS PASSED, A FUTURE BOND WOULD ADDRESS THAT BECAUSE IT WOULD BE A HIGH PRIORITY TO GET IT DONE.

SO CAN I KEEP GOING, MR. PRESIDENT? LIKE I SAID, IF IT'S A QUESTION ABOUT THE GENERAL ABOUT THE PRESENTATION ITSELF, THEN YES.

OKAY, SO AS WE MOVE STUFF OUT WERE THESE PRIORITY ONES IN THE INITIAL DOCUMENTS WE GOT? YES, THEY WERE. OKAY, SO WE'VE TAKEN SOME OF THE INITIAL PRIORITY ONES OUT AND MOVED THEM TO A HOPEFULLY POTENTIALLY--DUE TO THE BUDGET DECISIONS WE HAD TO MAKE, WE KEPT THEM IN PRIORITY ONES, HIGH PRIORITY ONES BECAUSE THEY WERE ALREADY IN A PRIORITY ONE, BUT WE ARE KEEPING THEM AT HIGH PRIORITY ONES FOR THE NEXT BOND PROGRAM.

THANK YOU. THANK YOU, SIR.

THANK YOU, SIR. DR.

RINGO. THANK YOU.

THEN GO INTO PAGE NINE.

AGAIN, YOU CAN SEE RED, WHAT WAS REMOVED AND AS NOTED THE REPRIORITIZED, THAT WAS A HIGH PRIORITY ONE FOR THE NEXT BOND PROGRAM THAT WILL BE FLAGGED AND NOTED.

SO LET'S JUST SAY 5 TO 7 YEARS.

WE HAVE ANOTHER BOND PROGRAM.

WE WILL KNOW IN THE 2023 LONG RANGE FACILITIES PLAN THAT WAS SHARED WITH THE BOARD OF TRUSTEES AND THE PUBLIC.

THESE WERE ITEMS THAT WERE REMOVED TO GET TO THAT FISCALLY RESPONSIBLE NUMBER.

I WON'T READ THROUGH ALL THESE.

IT'S A LOT OF INFORMATION.

IT IS VISIBLE ON THE SCREEN, BUT FOR EXAMPLE, THE REMOVED FIRE ALARM SYSTEM REPLACEMENT AT $297,000 INTERNALLY, THAT WORK WAS COMPLETED WITH OUR SECURITY TEAM.

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I KNOW EVERYBODY HAS THEIR EYES ON THE DOCUMENT.

IF THERE'S NO QUESTIONS OR COMMENTS, I WILL PROCEED TO THE NEXT SLIDE.

MR. PRESIDENT, I'M JUST TRYING TO GET THE PROCESS HERE, AND I READ MY MATERIAL.

THE REMOVALS AND REDUCTIONS OR THE ADDITIONS WERE NOT A DDED OR ELIMINATED BY THE CITIZEN BOND COMMITTEE, BUT BY STAFF.

IS THAT A TRUE STATEMENT OR FALSE? YES, MA'AM, AND I'M TRYING TO GET TO WHAT GOT US TO THAT POINT AND THAT NUMBER.

SO FEW THINGS.

WE HAVE TO UNDERSTAND THAT THE CITIZEN BOND COMMITTEE DOESN'T HAVE THE EXPERTISE TO MAKE THESE TYPE OF GRANULAR DECISIONS.

SO WHEN WE LOOKED AT IT, PART OF THE THING THAT THE STUDY DID WAS THEY WERE VERY CONSERVATIVE. BECAUSE OF OUR PRIOR ACTIONS THAT IT TAKES US ABOUT 10 TO 12 YEARS TO HAVE A BOND. SO IN A LOT OF OUR LIFE CYCLES, WHEN WE TALK ABOUT A LIFE CYCLE, THEY INCLUDED THINGS THAT WERE BEYOND A FIVE, SIX, SEVEN, EIGHT, NINE YEAR LIFE CYCLE.

SO THINGS THAT NEED TO BE REPLACED, LET'S JUST SAY SEVEN YEARS DOWN THE ROAD, FIVE YEARS DOWN THE ROAD. THE CITIZEN BOND COMMITTEE, ALONG WITH EVERYBODY ELSE, UNDERSTANDS WE NEED TO HAVE A REOCCURRING BOND, AND SO WHAT WE DID WAS WE TOOK AWAY THOSE ITEMS TO MAKE ROOM FOR THE MAJOR PROJECTS THAT THE COMMITTEE APPROVED.

SO THEN THAT WAY WE COULD HAVE BIGGER PROJECTS AND AT THE SAME TIME, WHAT IT'S GOING TO DO IF THESE PROJECTS ARE DONE, ESPECIALLY WITH THE SCHOOLS, TRANSPORTATION, ALL THESE OTHER THINGS, IT'S GOING TO ALLOW US NOT TO KEEP REINVESTING MONEY ON WHAT IS BASICALLY A MONEY PIT ON SOME OF THESE CAMPUSES.

IT COSTS TOO MUCH MONEY TO KEEP OPEN.

FOR INSTANCE, MEMORIAL PATHWAY, MEMORIAL PATHWAY JUST TO KEEP IT RUNNING, NOT TO REALLY CHANGE MUCH, $24 MILLION.

WHY WOULD WE INVEST $24 MILLION IN A FACILITY THAT REALLY IS NOT GOING TO HAVE CHANGE OF CHANGE OF SPACE.

IT'S NOT GOING TO BE MORE INVITING FOR KIDS OR ANYTHING ELSE.

SO THOSE TYPE OF THINGS, WE KEPT THE MONEY.

WE DIDN'T CUT THAT MONEY, BUT WE REPRIORITIZE THAT MONEY FOR A NEW INFRASTRUCTURE, ALONG WITH STUDENT SERVICES, TO BUILD A MEGA BUILDING THAT WOULD HOUSE BOTH IN A STATE OF THE ART FACILITY FOR OUR MOST VULNERABLE STUDENTS.

SO WHEN WE STARTED REIMAGINING A FEW OF THESE THINGS, SOME OF THE MONEY STAYED THERE AND GOT REPRIORITIZED TO MAKE BETTER SENSE.

SO YOU HAVE A MORE EFFICIENT BUILDING.

IT'S NOT A MONEY PIT.

THE COST, THE COSTS ARE MUCH LOWER IN THE LONG TERM, AND THEN THE SECOND THING WE TOOK AWAY THINGS THAT ARE GOING TO BE 5 TO 7 YEARS NEEDING WORK BECAUSE WE ARE GOING TO AGGRESSIVELY HAVE TO GO FOR ANOTHER BOND, AND THE PLANNING WOULD HAVE TO START PROBABLY WITHIN THE NEXT TWO YEARS ON THIS BOND, BECAUSE THIS ONE IS GOING TO BE A MORE HANDS ON APPROACH. THIS ONE, THERE'S SO MANY NEEDS THAT THAT WE YOU CAN'T REALLY TURN IT OVER.

SO I HOPE THAT PEOPLE UNDERSTAND THAT.

SO ANYTHING OVER FIVE YEARS WE SAID WE CAN WAIT ON THOSE PROJECTS BECAUSE WHEN THE NEXT BOND COMES, IT WILL ADDRESS THOSE NEEDS.

DR. RINGO, PLEASE CONTINUE, AND TO EVERYONE WHO'S WATCHING, I DO HAVE TO TAKE A CALL BRIEFLY SO I'LL STEP OUT.

THERE'S STILL A QUORUM EVEN WITHOUT MY PRESENCE.

MISS GRIFFIN, WILL YOU RUN THE MEETING IN MY ABSENCE? THANK YOU. THANK YOU.

THAT LEADS INTO SOME CLARITY, AND SO THERE HAS BEEN SOME STATE STATUTORY CHANGES SINCE THE LAST BOND PROGRAM, GARLAND ISD THAT DOES REQUIRE SEPARATE PROPOSITIONS FOR SPECIFIC TYPES OF ITEMS. SO WITH THIS BASED OFF THE COMMITTEE RECOMMENDATIONS, WE WILL HIGHLIGHT THOSE NOW.

SO NOW WITH THE STATE STATUTE, THE GENERAL PROPOSITION BASICALLY CONCLUDE ANYTHING THAT WE HAD IN OUR PRIOR BOND PROGRAM EXCEPT FACILITIES LIKE AN AUDITORIUM, A MULTIPURPOSE FACILITY. STATE STATUTORY LANGUAGE REFERS TO THAT AS A RECREATIONAL FACILITY.

NOW THAT REQUIRES ITS OWN PROPOSITION.

TEACHER HOUSING REQUIRES A SEPARATE PROPOSITION, AND 1 TO 1 DEVICES FOR TECHNOLOGY REQUIRES A SEPARATE PROPOSITION, NOT THE NETWORK INFRASTRUCTURE.

IF IT RELATES TO A NEW NETWORK [INAUDIBLE], PROPOSITION A.

SO HERE WITH JUST THE GENERIC VERBIAGE FROM OUR BOND COUNCIL, YOU CAN SEE WHAT WOULD BE LISTED. AS YOU READ THROUGH THAT, IT'S GOING TO NOTE THE DOLLAR AMOUNT FOR PROP A AND IT

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SO, FOR EXAMPLE, YOU MIGHT SEE THE WORD NEW SCHOOL BUSSES IN THIS.

SO EVEN THOUGH IN THE RECOMMENDATION THERE'S NOT DOLLAR AMOUNTS ALLOCATED TO PURCHASE SCHOOL BUSSES, AS WE PROGRESSED THIS BOND PROGRAM AND IF WE HAVE BUDGET SAVINGS FROM COMING IN UNDER BUDGET OR THERE'S NO LONGER INFLATION, WE HAVE SOME DEFLATION AND REDUCED COST, WE CAN ACCESS THOSE DOLLARS TO ADDRESS SOME OF THESE OTHER NEEDS THAT ARE NOT IN THE CURRENT RECOMMENDATIONS.

SO YOU'RE SAYING, NO, IT'S NOT LIMITING THE USE OF THE FUNDS SOLELY ON THE PROJECTS THAT WE'VE ALREADY APPROVED? THAT IS CORRECT, BECAUSE IF IT IS SOLELY ON THE PROJECTS APPROVED, WHEN WE GET TO THE END, IT IS PROHIBITIVE TO UTILIZE THOSE DOLLARS FOR ANY OTHER NEEDS OR PROJECTS IF IT IS NOT.

AS LOOSELY DEFINED, AND SO THIS IS ALLOWABLE WITHIN THE STATUTE AND THE LANGUAGE AND ALLOWS US THE FLEXIBILITY TO ACCESS THE DOLLARS FOR OTHER PROJECTS.

SO PROPOSITION A DETAIL.

SO AT YOUR TABLE AND YOU WERE HANDED A PACKET BEFORE THAT BREAKS DOWN BY PROJECT WITHIN EACH OF THESE HOW MUCH IS OUTLINED TO BUILDING ENVELOPE ARCHITECTURE, MECHANICAL, ELECTRICAL, PLUMBING, TECHNOLOGY, SAFETY AND SECURITY AND FINE ARTS ATHLETICS? IT IS NOT IN THIS PRESENTATION BECAUSE IF WE INCLUDE IT IN THE PRESENTATION, IT WOULD BE ROUGHLY 150 TO 200 SLIDES, AND SO IT'S A LOT OF DETAIL.

SO WHAT WE DID IS SUMMARIZE THAT DOLLAR AMOUNT ON THE SCREEN AND AT YOUR TABLE, PROVIDED THE DOLLAR AMOUNT IN DETAIL WITH THE FOURTH COLUMN BEING THE MOST IMPORTANT COLUMN TO LOOK AT. SO WHEN YOU LOOK AT YOUR SHEET, AS YOU CAN SEE, IT HAS PRIORITY NUMBER ONE JULY OF 2022.

AS MS. GRIFFIN REFERENCED EARLIER, IT NOTES ANY COST CHANGES THAT MAY OCCUR, AND LOOKING AT THESE P ONES, WHAT COULD BE DONE IN 5 TO 7 YEARS VERSUS 10 TO 12 YEARS, WHICH IS A HISTORICAL BOND CYCLE, THEN YOU CAN SEE WHAT THAT CURRENT NUMBER CAME OUT TO IN THE THIRD COLUMN, AND THE FOURTH COLUMN IS WITH INFLATION, AND JUST TO HIGHLIGHT THAT, WHY IS THAT ESCALATED? INFLATION HISTORICALLY HAS BEEN 1 TO 1.5 PERCENT PER MONTH, AND SO JUST IF YOU THINK OF THAT DOLLAR AMOUNT ON A $1,000,000,000 BOND PROGRAM, THAT COULD BE $500000 TO $1000000 A MONTH FOR EVERY MONTH THAT IS DELAYED IN THIS PROCESS, IT'S QUITE A BIT OF MONEY AND EVEN OVER $1,000,000 IF IT'S UP TO ONE AND A HALF PERCENT, AND SO--MR. BEACH? RELATED TO THAT INFORMATION ABOUT INFLATION ON PAGE NINE, WHEN YOU GAVE US THE REDUCED PROJECT SCOPE FOR ITEMS TWO AND THREE ON PAGE NINE AT 1.1 BILLION, HOW CAN WE REALLY EVEN USE THAT PAGE FOR 5 TO 7 YEARS DOWN THE ROAD WHEN INFLATION IS PROBABLY GOING TO EAT THAT 1.1 BILLION UP? GREAT COMMENT AND QUESTION AND THAT IS TRUE, UNFORTUNATELY, WITH FINANCE [INAUDIBLE] WITH INTEREST RATES AND ABLE TO PREDICT WHAT MAY HAPPEN IN 5 TO 7 YEARS.

THOSE ARE BASED OFF THE NUMBERS IN THE BOOK.

SO 5 TO 7 YEARS, THOSE P TWO P THREE ITEMS AND P THREE ITEMS MAY BE MORE LIKELY P TWO ITEMS AND 5 TO 7 YEARS.

THAT NEXT BOND PROGRAM, THERE WILL BE DOLLAR AMOUNTS THAT COULD EXCEED THAT 1.1 BILLION.

WHEN WE ADD IT WILL WITH INFLATION.

YES, SIR, THEY WILL EXCEED.

SO I DON'T KNOW WHY WE PUT THAT IN THERE, BECAUSE THIS IS GOING TO BE A WHOLE DIFFERENT BALLGAME WHEN WE GET TO THAT POINT, AND THAT WAS NOTED AND REQUESTED TO SHOW WHAT WAS REDUCED FROM THE CURRENT SCOPE.

SO THAT'S WHY WE PUT THAT IN HERE FOR NOW TO SHOW WHAT WAS REDUCED TO GET TO THE TOTAL NUMBER. DR.

RINGO, CAN WE JUST PAUSE HERE WITH PROPOSITION A DETAILS? YES, MA'AM. BECAUSE WE DID NOT GET THIS, AND WHEN WE HAVE GONE THROUGH THE BOOKS IN OUR PREPARATION OF THESE LAST YEAR AND A HALF.

BOARD, WILL 5 MINUTES GIVE YOU TIME TO KIND OF LOOK TO SEE ON THE PACKET THAT'S AT OUR TABLES AND WITH THE INFORMATION THAT'S BEEN PRESENTED OF WHAT WAS ADDED AND DELETED, WOULD IT GIVE YOU A FEW MINUTES TO REFOCUS THE PROJECTS INSTEAD OF US JUST KEEP GOING? MY QUESTION IS WHICH SCHOOLS WILL NOT BE TOUCHED? GREAT QUESTION.

RIGHT NOW, UNLESS IT'S BEING REPLACED, WHICH WE WILL TALK ABOUT, ALL SCHOOLS WILL BE TOUCHED THAT ARE CURRENTLY IN EXISTENCE.

SO THIS DOLLAR AMOUNT IN THE ADDED HANDOUT SHOULD MATCH PENNY FOR PENNY OF WHAT'S IN THE

[00:30:06]

MS. GRIFFIN? YES? DID THE CITIZENS BOND COMMITTEE ALSO GET TO READ OR SEE PROPOSITION A GENERAL PROPOSITION? YES, SIR, THEY DID.

WE WENT THROUGH, I BELIEVE IT WAS MEETING FIVE.

WE COVERED WHAT STATUTE IS AND WHAT'S REQUIRED.

IT WAS BEFORE THE VOTE SO THEY COULD UNDERSTAND WHAT WOULD BE A SEPARATE PROPOSITION, AND THAT WAS ALSO WHAT THE GUIDANCE OF OUR BOND COUNCIL TO VALIDATE WHAT WOULD BE A SEPARATE PROPOSITION THROUGH THIS PROCESS.

LOOK AT PRIORITY ONES.

THESE ARE THE NEW PRIORITY ONES WITH DETAILS.

YES, MA'AM. WITH THE BROKEN OUT DETAIL BY PROJECT AND BY WHAT'S THE WORD I'M LOOKING FOR? DISCIPLINE. SO ANYTHING WE'VE RECEIVED UP TO NOW, THIS IS THE NEW MASTER FILE.

TRUE OR FALSE? THAT IS CORRECT, FOR PRIORITY ONE.

PRIORITY ONES, THAT'S ALL I'M TALKING ABOUT IS PRIORITY ONES, RIGHT NOW.

YES, AND WHEN WE TALK ABOUT THE PREPOSITION PROPOSITION A FOR GENERAL PROPOSITION, I JUST NEED SOME CLARITY POINTS FOR YOU ALL.

PROPOSITION A IS ALSO INCLUDING MAJOR PROJECTS.

WE HAVE NOT TALKED ABOUT MAJOR PROJECTS YET.

SO THAT'S GOING TO BE WHEN YOU READ IT, YOU'RE GOING TO BE LIKE, WELL, WHAT'S ALL THIS? THIS IS ALSO INCLUDING MAJOR PROJECTS .

RIGHT NOW YOU'RE TALKING ABOUT.

RIGHT, BUT YOU SAID READ PROPOSITION A AND THEY NEED TO UNDERSTAND IT'S ALL INCLUSIVE OF ALL GENERAL PROJECTS THAT ARE LEGALLY ALLOWED TO BE IN THIS PROPOSITION.

SO IN OUR 5 MINUTES [INAUDIBLE] I'M SORRY, IN OUR 5 MINUTES LIMITED TIME, WE ARE LOOKING AT THE FIRST PIECE OF PROPOSITION A THAT'S DEALING WITH THE SCHOOLS THAT WILL BE TOUCHED AND THE SPECIFIC WORK THAT WILL BE DONE AT THOSE SCHOOLS.

MR. SELDERS.

JUST A REALLY QUICK QUESTION.

IN THE DOCUMENT THAT YOU GUYS PROVIDED FOR US, ON THE LEFT SIDE, YOU HAVE ALL OF THE DIFFERENT INDIVIDUAL ITEMS AND THE CORRESPONDING AMOUNTS ASSOCIATED WITH THEM.

YOU HAVE LIFE, SAFETY AND SECURITY.

THAT'S THE FIRST TIME THAT WE'VE SEEN LIFE SAFETY.

I'M JUST CURIOUS WHY THE CHANGE IN THE CATEGORY? AND THEN ALSO YOU HAVE FINE ARTS AND ATHLETICS LUMPED TOGETHER.

IS THERE ANY REASON WHY THAT'S NOT SEPARATED? WE CAN SEPARATE THAT.

IT WASN'T SEPARATE.

NOW IT IS SAFETY AND SECURITY.

THE WORD LIFE IS JUST HOW PVK HAD IT IN THEIR FILE IN OUR DISCUSSIONS, SAFETY AND SECURITY. IT IS THAT CATEGORY, BUT FOR FINE ARTS AND ATHLETICS IT WAS WE CAN SEPARATE THAT IF REQUESTED. IT WAS JUST SINCE THOSE TWO ITEMS WITH PARTICIPATION GOING HAND IN HAND. IT WAS LUMPED TOGETHER AS IT WAS EXTRACTED FROM THE FILE.

OKAY, SEEING THAT SEPARATE WOULD BE HELPFUL.

THANKS. OKAY, MR. GLICK, AND WHAT WE WERE TALKING ABOUT IS RIGHT NOW IN OUR SPECIAL PACKET, WE ARE LOOKING AT PAGES ONE THROUGH SEVEN IN TERMS OF TRYING TO SEE WHAT THE WORK IS FOR EACH OF THE SCHOOLS.

MR. GLICK AND THEN I'LL TURN IT BACK OVER TO OUR PRESIDENT ON THIS SPECIAL PACKET WE GOT.

I UNDERSTAND THE COLUMN ONE PRIORITY COST CHANGES, WHICH IN MANY CASES ARE NEGATIVE.

I'D LIKE SOME EXPLANATION OF THAT.

THEN YOU CAME UP WITH A CURRENT PRIORITY ONE CURRENT MEETING, I'M ASSUMING TODAY, AND THEN AN ESCALATED COST.

SO WHAT IS THE WHAT IS THE ESCALATION FACTOR THAT WE'VE USED? I MEAN, I COULD CALCULATE IT, BUT, AND IS THAT OVER THE LIFE OF THE POTENTIAL, ALL THE PROJECTS? GREAT QUESTION.

YES, SIR. THAT IS, THERE ARE A LOT OF PROJECTS TO BE DONE IN A BOND PROGRAM AND PROJECTS CANNOT BE DONE ALL WITHIN THE VERY FIRST YEAR, AND SO LOOKING AT THIS IN THAT ESCALATION PIECE, SOME OF THESE PROJECTS WERE PLANNED AND SCOPE TO BE DONE STARTING IN 23-24. SO WE KNOW INFLATION COST IN A YEAR.

WHAT THAT'S GOING TO LOOK LIKE, WELL PROJECTED, WHAT THAT MAY LOOK LIKE, NOT KNOW EXACTLY. THEN WE LOOK AT THOSE ARE PROJECTS THAT CAN BE DONE IN PHASE ONE, SIMILAR WHAT WE DID IN THE 2014 BOND PROGRAM.

WE HAD THE VARIOUS PHASES.

THEN WE KNOW THERE'S GOING TO BE PROJECTS THAT CAN START IN TWO YEARS.

SO BASED OFF PROJECTED INFLATION COST IN TWO YEARS, THAT IS WHERE THE ESCALATED COST COMES IN, AND I THINK IT'S IMPORTANT FOR EVERYBODY TO UNDERSTAND THAT THIS IS REALLY JUST A

[00:35:05]

WE'RE GUESSING AS TO THE RATE OF INFLATION THAT NO ONE THAT I KNOW OF--THE BEST ECONOMIST WON'T PREDICT 3 TO 4 YEARS OUT.

IT COULD BE HIGHER. IT COULD BE LOWER IF YOU GO BACK THREE OR FOUR YEARS AND SAID, WHAT WILL INFLATION BE? EVERYBODY WOULD HAVE BEEN WRONG.

SO I THINK THE ANSWER, MR. BEACH'S QUESTION, WE PUT SOME OF THOSE NUMBERS IN AND POTENTIALLY WE'VE COVERED THAT AND DO WE KNOW WHAT THE INFLATION FACTOR WE USED WAS? WE DO. IT WAS 15% YEAR ONE, 12% YEAR TWO AND THEN 9% FOR THE NEXT TWO YEARS.

SO ASSUMING INFLATION OF BASE TO SOME DEGREE, WE SHOULD BE VERY COMFORTABLE IN THESE NUMBERS AND ACTUALLY POTENTIALLY HAVE SOME MONEY LEFT OVER AT THE END.

YES, SIR. GREAT CLARIFYING COMMENT, AND THE REASON THAT'S A GREAT CLARIFYING COMMENT, WHAT WE'VE SEEN IS THERE WERE DISTRICTS IN THE METROPLEX WHO DID NOT USE INFLATION FACTORS AND THEY HAVE BOND PROGRAMS THAT DID PASS AND THEY'RE HAVING TO TELL THEIR COMMUNITIES, WE CANNOT DO THESE PROJECTS.

WE'RE NOT COMPLETE ALL OF THE PROJECTS.

THAT WAS THE BOND PROGRAM BECAUSE THEY DON'T HAVE ENOUGH MONEY DUE TO THE INFLATION FACTOR , AND THERE WAS JUST AN ARTICLE RECENTLY ABOUT RICHARDSON BEING IN THAT SPECIFIC CASE AND THE MAJOR PROBLEMS THAT PRODUCED THEY COULD NOT BUILD SEVERAL STRUCTURES THAT THEY HAD PROMISED THEY WOULD. YES, SIR.

ALL DUE TO INFLATION. THANK YOU.

MR. PRESIDENT, WE HAD JUST PAUSED TO LOOK AT THESE NUMBERS ON 1 TO 8 BASED ON WHAT INFORMATION WAS UNDER THE FIRST PORTION OF PROPOSITION A.

THANK YOU, MS. GRIFFIN. DR.

RINGO, PLEASE CONTINUE WITH THE PRESENTATION.

OKAY, AND WITH THAT, I'M GOING TO TURN OVER TO OUR FACILITIES AND CONSTRUCTION EXPERTS, MR. GONZALES AND MR. FERNANDEZ.

SO JUST TO BE CLEAR, WITH THE BOARD, ARE WE OKAY WITH PROPOSITION A OR DO YOU WANT TO GO THROUGH EVERY SINGLE PROJECT AS WE MOVE THROUGH? FOR INSTANCE, HERE ON THIS SLIDE RIGHT HERE, WE HAVE BEAVER TECHNOLOGY.

WE SHOW WHAT'S IN PRIORITY ONE, AND THEN THERE WAS NO MAJOR PROJECTS TO THAT PARTICULAR CAMPUS, AND THEN WE ADDED THE SECURITY GLAZING FOR THE MAIN AND SECONDARY ENTRANCES, AND IT GIVES YOU A TOTAL AMOUNT.

DO YOU WANT ME TO GO THROUGH THESE OR DO YOU WANT ME TO MOVE TO THE NEXT PROPOSITION? BOARD MEMBERS, ANY INDIVIDUAL REQUEST TO GO THROUGH THESE ON A LINE ITEM BASIS.

QUESTION. MS. GRIFFIN? I'M SURE IN YOUR MIND YOU HAVE THESE PRIORITIZE BY THE NEED? YES, MA'AM. AND THAT WOULD HAVE BEEN A GOOD ADDITIONAL INFORMATION, BUT KNOWING THAT ALL OF THIS IS IS NEEDED, THAT WOULD BE ANOTHER SET OF INFORMATION IN THE FUTURE BECAUSE YOU ALL HAVE THE PRIORITIES THERE.

YES, MA'AM. AS WE WENT THROUGH THE PROCESS, MR. GRIFFIN, THE FACILITIES AND MAINTENANCE DEPARTMENT WITH THE ADMINISTRATION WENT THROUGH ALL OF THESE PARTICULAR PROJECTS AND ALSO INCLUDING DEPARTMENT HEADS OF THE INDIVIDUAL PROGRAMS THEY WERE INVOLVED IN IN SOME OF THE CONVERSATIONS TO IN THEIR NEEDS.

MR. SELLERS. SO THE INFORMATION IN THIS PACKET JUST LISTS THE PRIORITY ONE ITEMS, BUT IT DOESN'T LIST ANY OF THE OTHER ADDITIONAL MAJOR PROJECTS THAT MIGHT BE ASSOCIATED WITH EACH CAMPUS. THAT'S CORRECT.

WHAT YOU GOT THERE AS A HANDOUT, IT'S ONLY BY DISCIPLINE FOR PRIORITY.

IT DOESN'T TALK ABOUT MAJOR PROJECTS IN THIS PACKET? OKAY, BUT WHAT WE HAVE IN OUR BOARD BOOK, I'M SORRY.

YES. SO BUT WE GOT AN ESCALATION COST ASSOCIATED WITH THE PRIORITY ONE PROJECTS.

IS THAT ALSO PRESENT WITH THE MAJOR PROJECTS THAT ARE GOING TO BE EVERY CAMPUS? YES, SIR. SO WE DON'T REALLY KNOW WHAT THAT NUMBER IS.

NO, WE KNOW WHAT THAT NUMBER IS.

EVERYTHING THAT WAS ACTUALLY GIVEN THAT WAS SHARED WITH THE BOARD AND WITH THE BOND STEERING COMMITTEE WAS WITH ESCALATION.

SO ALL MAJOR PROJECTS, ALL PRIORITY ONES, HAVE A BUILT IN ESCALATION THROUGHOUT THE BOND PROGRAM THEY'VE BEEN FIGURED IN.

DID I ANSWER YOUR QUESTION, SIR? I THINK, MR. GONZALES, THAT THERE DOESN'T APPEAR TO BE A DESIRE TO GO THROUGH EACH PARTICULAR CAMPUS, BUT MR. GLICK HAS A QUESTION.

[00:40:01]

IN THIS BOOK ON WHERE WE START, THE HIGH SCHOOLS UNDER PAGE 34, YOU'VE LISTED UNDER MAJOR PROJECTS THE MULTIPURPOSE ACTIVITY CENTERS, AND ISN'T THAT GOING TO BE A SEPARATE PROPOSITION? THE MULTIPURPOSE ACTIVITY CENTER WILL BE ANOTHER PROPOSITION, PROPOSITION B? OKAY, SO IT SAYS PROPOSITION A, BUT THAT'S WE HAVE TO TAKE THAT OUT, RIGHT? YES, WELL, THAT THAT WOULD BE TAKEN OUT OF THAT NUMBER BECAUSE IT WILL BE IN THE TOTAL.

SO THE $19 MILLION THAT YOU SEE FOR MULTIPURPOSE ACTIVITY CENTER, WHICH IS ON ANOTHER PROPOSITION, IF IT WAS NOT THE PASS, IT WOULDN'T BE A TOTAL OF $103 MILLION.

YES, SIR. OKAY, MR. GLICK, WE CAN ADD AN ASTERISK NEXT TO THAT.

OKAY, WE KEPT IT IN THAT JUST TO SHOW WHAT'S GOING TO GO TO GARLAND HIGH SCHOOL, BUT WE WILL DO A CLARITY TO REFLECT AN ASTERISK NEXT TO THAT LINE ITEM.

THERE WERE VERY FEW OF THOSE.

JUST WE WANTED TO SHOW BY CAMPUS WHERE THE DOLLARS ARE GOING, BUT THAT WILL BE A PROP B.

MS. STANLEY. SORRY.

THANK YOU. JUST TO BE CLEAR.

SO WHEN WE LOOK AT THE PROPOSITION A, WHERE WOULD WE FIND THE MONEY, SAY FOR THE AUDITORIUMS THAT WE'RE GOING TO UPDATE BECAUSE THAT THAT'S PART OF THIS BOND PROPOSITION, CORRECT? YES, IT IS.

SO THE AUDITORIUMS WOULD BE IN PRIORITY ONES.

SO IT WILL BE IN THE PRIORITY ONE? YES, MA'AM, FOR INSTANCE, LOOKING AT LAKEVIEW CENTENNIAL, WE'RE JUST DISCUSSING PRIORITY ONES.

ANY KIND OF UPGRADES TO THE AUDITORIUMS WOULD BE IN THAT SECTION OF THE PROPOSITION.

OKAY, SO THEN MY QUESTION WOULD BE KIND OF TO WHAT TRUSTEE SELDERS MENTIONED.

SO I WASN'T, BUT NOW I AM CONFUSED A LITTLE AS TO WHAT WOULD BE A SPECIAL PROJECT THAT WE WOULD HAVE EXPECTED TO SEE HERE.

WHAT CAMPUS IS GOING TO HAVE A SPECIAL PROJECT THAT'S NOT INCLUDED IN THESE NUMBERS THAT WE'LL BE SEEING LATER.

DOES THAT MAKE SENSE? IT MAKES SENSE, AND WE IDENTIFIED THEM AS MAJOR PROJECTS.

SO A MAJOR PROJECT, FOR INSTANCE, LAKEVIEW CENTENNIAL AT THAT PARTICULAR CAMPUS IN THE PRIORITY ONES, YOU HAVE AN ADDITION TO THAT CAMPUS AT LAKEVIEW CENTENNIAL.

SO THAT WOULD BE PART OF THE PRIORITY ONE.

THAT WOULD BE SOMETHING OUT OF THE ORDINARY AS AN ADDITION.

OKAY, AND PLEASE STOP ME IF YOU HAVE ANY QUESTIONS OR SOMETHING'S NOT CLEAR.

OKAY, BOARD PRESIDENT, MOVE ON ? MR. GONZALES, IF YOU GO BACK A COUPLE OF SLIDES, IT DOES REFLECT SOME OF THE SPECIAL PROJECTS. RIGHT AFTER THE HIGH SCHOOLS.

RIGHT AFTER THE HIGH SCHOOL SLIDE 37.

OKAY, SO PAGE 37 WILL IDENTIFY THESE ARE ACTUALLY OUR SUPPORT FACILITIES. THESE ARE NOT CAMPUSES.

YOU CAN SEE OUR PRE K CENTERS ALSO ARE IDENTIFIED IN HERE AND THEN YOUR SUPPORT FACILITIES. SO YOU SEE WE HAVE SOME PRIORITY ONES THAT WE NEED TO TAKE CARE OF AT THOSE FACILITIES. IF WE REMEMBER THE TERM THE ORPHAN PROJECTS ON THE LAST BOND PROGRAM, I KNOW THAT TERM WAS THROWN AROUND QUITE A BIT .

THIS TIME, WE'VE ACTUALLY IDENTIFIED SCOPE OF WORK AT THESE PARTICULAR CAMPUSES OR THESE PARTICULAR FACILITIES THAT WE ARE ADDRESSING IN PRIORITY ONES, AND THEN ON MAJOR PROJECTS, YOU ALSO HAVE YOUR SECURITY GLAZING ON YOUR MAIN ENTRANCES AND YOUR SECONDARY ENTRANCES.

SO WE ARE ADDRESSING SECURITY AT THOSE PARTICULAR FACILITIES.

ANY QUESTIONS? THANK YOU, DR. RINGO, FOR CLARIFYING THAT.

HERE'S A GREAT EXAMPLE THAT THAT WE TALKED ABOUT.

AGAIN, HERE'S ANOTHER PRE-K CENTER THAT'S IDENTIFIED PRIORITY ONES AND ALSO MAJOR PROJECTS. THAT'S THE PREVIOUS SLIDE.

[00:45:02]

HERE IS A MAJOR PROJECT THAT IS IN PRIORITY ONE.

WE'VE IDENTIFIED 2 FACILITIES THAT ARE IN VERY, VERY HIGH COST.

THEY'VE OUTLIVED THEIR LIFE CYCLE.

THEY HAVE VERY, VERY HIGH FCIS.

SO WE'VE REIMAGINED THESE FACILITIES, AND THAT'S A MAJOR PROJECT IN YOUR PRIORITY ONES.

THE GILBREATH-REED CENTER TECHNOLOGY GRCTC AS WE KNOW IT WE'VE IDENTIFIED AN ADDITION AS A MAJOR PROJECT HERE AT THIS FACILITY AND ALSO THE SECURITY PIECE OF THAT WITH THE GLAZING. SO THAT'S A MAJOR PROJECT ALSO THAT'S BEEN IDENTIFIED IN PRIORITY ONES THAT FALL UNDER PROPOSITION A.

QUICK QUESTION. YES? YOU HAVE TWO ENTRIES FOR GRCTC THAT BOTH HAVE AS A MAJOR PROJECT, ADDING THE SECURITY FILM.

IS THAT GOING TO BE. IS THAT JUST A TYPO OR INTENDED TO BE THE WAY IT IS.

WHERE'D YOU CATCH THAT? SO ON PAGE 37 AND THEN ON PAGE 39.

YES, THAT IS A TYPO.

THANK YOU FOR CATCHING THAT, AND THEN THE NEW AG FACILITY THAT'S A MAJOR PROJECT ALSO FALLS WITHIN PROPOSITION A AS A MAJOR PROJECT.

AS WE MOVE THROUGH THESE, THESE ARE PRETTY MUCH JUST REGULAR PRIORITY ONES.

THERE'S NO MAJOR PROJECTS ON THIS SLIDE.

THEY'RE JUST PRIORITY ONES.

MR. PRESIDENT. MS. GRIFFIN. YES, ON PAGE 41 WHAT IS A TRANSITION LEARNING CENTER AND WHAT DOES THAT LOOK LIKE? HOW DOES THAT LOOK TODAY? I DON'T KNOW EXACTLY WHAT GOES ON IN THE TRANSITION CENTER.

I KNOW THAT IT'S ADJACENT TO OUR TAX OFFICE.

AM I CORRECT? YES, SIR. AND THEY WORK WITH STUDENTS.

I KNOW THERE'S A PROGRAM THAT WORKS WITH OUR STUDENTS.

I THINK SOMEONE HERE CAN--DOES ANYBODY KNOW EXACTLY WHAT THE TRANSITION CENTER DOES? I KNOW IT'S BEEN THERE FOR A MINUTE.

YES, MA'AM, MS. GRIFFIN. THAT'S A GREAT QUESTION.

THE TRANSITIONAL LEARNING CENTER IS FOR OUR CHILDREN, OUR PARENTS, OUR STUDENTS WHO ARE PARENTS, AND I BELIEVE IT IS LOCATED NEXT TO THE TAX OFFICE, AND HOW UTILIZED IS THAT BUILDING, THAT PROGRAM? I DON'T KNOW THOSE NUMBERS.

I CAN GET THAT FOR YOU.

I DON'T KNOW THE NUMBER OF STUDENTS RIGHT NOW.

YEAH, BECAUSE IT'S BEEN THERE FOR A MINUTE, BUT IT'S ALWAYS I'LL FIND THAT OUT.

JUST GIVE US AN UPDATE. THANK YOU.

NO, THAT WAS ANOTHER ONE, BUT I KNOW THAT'S BEEN THERE FOR A WHILE, BUT I JUST DON'T KNOW IF WE MOVED SOME OF THOSE PROGRAMS WHEN IT WAS INITIALLY DONE ONTO OUR CAMPUSES AND WHETHER THAT BUILDING IS STILL NEEDED, THE ORIGINAL TO INCLUDE IT, IT MUST HAVE A NEED AND A PURPOSE. THE ORIGINAL BUILDING WAS AN OLD POST OFFICE AND THE DISTRICT PURCHASED IT. YEAH.

YEAH. MR. GONZALEZ, I'M CURIOUS, SOMETHING HERE ON THE ADD, THE SECURITY GLAZING FILM AND MAIN AT MAIN AND SECONDARY ENTRANCE, AND EVERY ONE OF THEM IS THE SAME PRICE JUST ABOUT.

IS THAT SOMETHING THAT OUR PRINT DEPARTMENT IS DOING? BECAUSE I KNOW THAT A LOT OF CAMPUSES ARE DOING THOSE AT YOUR DOORS RIGHT NOW ALREADY COVERED. I MEAN, THOSE THAT ALREADY HAVE IT.

WE'RE NOT GOING TO BE TOUCHING, BUT IT'S JUST THOSE THAT DON'T HAVE THIS OR WHO IS DOING THAT? WHEN YOU TALK ABOUT THAT BEING IN THE BOND PROGRAM AND WE'VE ALREADY GOT CAMPUSES THAT HAVE ALREADY BEEN DOING THAT, I'M KIND OF CONFUSED ON WHAT'S GOING ON WITH THE OTHER CAMPUSES, WHY THEY HAVEN'T USED THEIR OWN CAMPUS FUNDS OR WHATEVER TO GO AHEAD AND DO THAT THROUGH OUR PRINT DEPARTMENT.

SO CURRENTLY RIGHT NOW.

GREAT QUESTION.

TRUSTEE BEACH. CURRENTLY, RIGHT NOW, THERE'S A BIG EFFORT THROUGHOUT THE DISTRICT TO KIND OF FRESHEN UP OR BRIGHTEN UP THE FRONT ENTRY , AND THEY'RE DOING A LOT OF GRAPHIC WORK SHOWS THEIR COLORS OF THEIR CAMPUSES AND THEIR MASCOTS.

REALLY NICE WORK, BUT WHAT WE'RE TALKING ABOUT IS BALLISTIC FILM, WHICH IS SOMETHING THAT IS TO ENHANCE.

IF WE HAVE AN ACTIVE SHOOTER, IT'S NOT GOING TO IT'S NOT GOING TO STOP THE BULLET, BUT

[00:50:01]

THANK YOU. THANK YOU, SIR.

MS. STANLEY.

ON PAGE 42, I THINK IT'S JUST A TYPO, BUT ARE THOSE SUPPOSED TO SAY NEW AG FACILITIES FOR THE NEW NETWORK OPERATIONS AND THE NEW TRANSPORTATION? SO THESE ARE OUR NEW MAJOR PROJECTS.

GOOD CATCH. THE NEW NETWORK OPERATION CENTER IS OUR NEW BUILDING BEING PROPOSED FOR OUR NETWORK. OUR NOC, AND THEN THE TRANSPORTATION CENTER IS ANOTHER PROPOSITION A SPECIAL PROJECTS.

IT'S PART OF THE SPECIAL PROJECT FOR A NEW TRANSPORTATION CENTER.

YES, MA'AM.

SO AS A SUMMARY HERE, WE'VE IDENTIFIED CAMPUS RENOVATIONS, IMPROVEMENTS AT EVERY ELEMENTARY, MIDDLE AND HIGH SCHOOL CAMPUS.

AS WE SPOKE A LITTLE BIT ABOUT THE ELEMENTARY SCHOOLS.

SO WE'RE WANTING TO ADD WE HAVE THREE UP HERE.

WE HAVE TWO ADA ACCESSIBLE PLAYGROUNDS FOR EVERY CAMPUS.

ONE OF THE QUESTIONS THAT CAME UP FROM THE TRUSTEES, ARE WE TOUCHING EVERY CAMPUS? WE'RE DOING ELEMENTARY SCHOOLS, SO I KNOW OUR ELEMENTARIES ARE GOING TO BE TOUCHED BECAUSE WE'RE GOING TO BE LOOKING AT NEW PLAYGROUNDS AND CANOPIES AND THE NEW MEMORIAL PATHWAY AND STUDENT SERVICES.

WE JUST SPOKE ABOUT THE TRANSPORTATION CENTER, NEW NETWORK, OPERATION CENTER, AND NEW AG AND THE GILBREATH-REED EXPANSION HERE AT THIS BEAUTIFUL FACILITY.

WE'RE LOOKING AT FINE ARTS IMPROVEMENTS, RENOVATION FOR ALL HIGH SCHOOL AUDITORIUM AND DANCE ROOMS. SO ALL OF OUR HIGH SCHOOLS, WE ARE ADDRESSING.

FIELDHOUSE AND ADDITIONS AT EVERY HIGH SCHOOL CAMPUS, OUR WEIGHT ROOMS, OUR LOCKER ROOMS, THE TRAINING ROOM AREAS AT ALL OF OUR HIGH SCHOOL CAMPUSES.

MIDDLE SCHOOL LOCKER ROOM RENOVATION AND EXPANSIONS.

TURF FIELDS THAT ALL OF OUR HIGH SCHOOLS FOR BASEBALL AND SOFTBALL FIELDS WITH CANOPIES FOR THE SPECTATORS.

REMOVAL OF ALL PORTABLES AT ELEMENTARY SCHOOLS.

AS DR. RINGO SHARED THE SECONDARY CAMPUSES THAT HAVE BEEN IDENTIFIED.

WE WILL BE WORKING THROUGH FACILITIES AND MAINTENANCE AND PUTTING A PLAN, BRINGING IT TO THE BOARD TO SHARE THAT PLAN AS WE GO IN PHASES THROUGHOUT THE YEARS.

OH, CAN I ASK YOU A QUESTION ABOUT THAT, SINCE YOU'RE ON THAT TOPIC? YES.

ON PAGE 11, AND WHEN I SAW THE AMOUNT THAT TO REMOVE ALL THE PORTABLES AT 95 MILLION.

YES. HOW ARE PORTABLE REMOVED? ARE THEY TORN DOWN BOARD BY BOARD OR DO THEY COME IN UNDERNEATH THE HOUSE AND THEY MOVE IT OUT? HOW ARE THEY--THERE'S NOT A MARKET OUT THERE FOR US TO EVEN ATTEMPT TO TRY TO SELL WHAT WE HAVE ALREADY BUILT TO OTHER SCHOOL DISTRICTS THAT ARE LESS FORTUNATE, THAT CAN'T AFFORD TO DO RENOVATIONS OR WHATEVER TO BUY THOSE? SO MY HISTORY WITH PORTABLES, ONE OF THE THINGS THAT WE WILL FACE IS SAY, WE WANTED TO SELL OUR PORTABLES.

IN MY FORMER DISTRICT, WE HAD OVER 4000 PORTABLES AND I WAS TASKED TO, YOU KNOW, TO GET RID OF MORE THAN THREE QUARTERS OF THEM.

WE WE AUCTIONED ALL OUR PORTABLES THAT WE IDENTIFIED.

WE FOUND OUT VERY YOU KNOW, WE FOUND OUT THROUGH THE PROCESS THAT TO MOVE A PORTABLE IF YOU'RE TAKING IT TO DIFFERENT MUNICIPALITIES, YOU HAVE TO HAVE SPECIAL PERMITTING. SO JUST THE COST OF THE MOVING, THE PERMITTING AND THEN WHATEVER THEY GAVE FOR THE PORTABLE WASN'T WORTH IT.

SO WE HAD A LOT OF PEOPLE THAT JUST DIDN'T WANT THE PORTABLES.

SO THEN WE MOVE FORWARD WITH DEMOLITION OF THE PORTABLES AND WE BROUGHT IN SOME WE HAD HEAVY EQUIPMENT, SMALL BOBCATS AND DOZERS AND STUFF, AND WE JUST DEMOED THEM THROUGH THE MAINTENANCE DEPARTMENT, AND IT TOOK US PROBABLY TO TO ELIMINATE OVER 2000 PORTABLES.

IT TOOK US ABOUT 3 TO 4 YEARS.

DO YOU HAVE THE NUMBER OF HOW MANY PORTABLES WE HAVE LEFT THAT WE WOULD NEED TO REMOVE AT THE HIGH SCHOOL CAMPUSES? DO YOU HAVE THAT NUMBER? YES, WE DO. DID WE HAVE THAT NUMBER SOME DAY OR WHATEVER? YES, IT'S BEEN SHARED IN THE PAST WITH THE BOARD, BUT I'LL BRING IT BACK TO THE BOARD TO

[00:55:02]

THANK YOU. THANK YOU.

TRUSTEE MILLER HAS A QUESTION.

I'M GOING TO GO AHEAD AND CALL ON HIM AT THIS TIME.

HEY, GOOD MORNING, AND THANK YOU, DR.

RINGO AND ALL THE PEOPLE INVOLVED IN THE PRESENTATION.

I WANT TO CLARIFY A COUPLE OF THINGS FOR MYSELF.

WHEN WE TRANSITION FROM PROP A TO PROP B, THE APPROVAL OF A PROB B OR OTHER ITEMS IS NOT GOING TO CHANGE THE APPROVAL OR NON APPROVAL OF ITEMS AFTER PROP A DO NOT CHANGE THE DOLLAR AMOUNT OF PROP A, DO THEY? MR. MILLER. THAT IS CORRECT, YEAH.

PROP A NUMBERS ARE THE PROP A NUMBERS, AND SO IN TOTAL, REGARDLESS OF WHATEVER HAPPENS AFTER PROP A, THAT DOLLAR AMOUNT IS 1.0173B.

OKAY, AND STATING IT ANOTHER WAY, THE ANTICIPATION OF, SAY, A PROP B ITEM BEING APPROVED DID NOT LOWER THE AMOUNT ANTICIPATED IN PROP A.

THOSE ARE TOTALLY SEPARATE ISSUES.

SO PROP A IS PROP A, PROP B IS PROB B, ETC..

THAT'S CORRECT. IT'S AN AGGREGATE.

OKAY, AND THEN EARLIER, I THINK IN RESPONSE TO A QUESTION ASKED BY MR. GLICK OR THE QUESTION ABOUT THE ESCALATORS AND DID WE CONSULT WITH PEOPLE? HOW WERE THOSE NUMBERS? REPEAT THOSE NUMBERS FOR ME IN THE VARIOUS YEARS OF INFLATION, AND THEN DESCRIBE TO ME HOW THOSE NUMBERS WERE ARRIVED AT.

GREAT CLARIFYING QUESTION AND LOOKING AT WHAT'S HAPPENING CURRENTLY IN THE CONSTRUCTION MARKET FOR SCHOOL DISTRICTS IN TEXAS AND TALKING TO ARCHITECTS, CONSTRUCTION COMPANIES WHO ARE IN THE FIELD DOING THIS AND GETTING FEEDBACK OF WHERE THEY'RE CALCULATING THEIR INFLATION AT, WE WERE TOLD FROM EVERY ONE OF THEM, FROM 1 TO 1.5% PER MONTH, MOST OF THEM SAYING 1.2 TO 1.5% PER MONTH IS WHAT THEY'RE SEEING IN THE ESCALATION COST JUST DUE TO SUPPLY CHAIN AND THE COST OF CONSTRUCTION, AND SO WORKING ON THIS AND LOOKING AT THE NUMBER OF PROJECTS POTENTIALLY THAT MAY OCCUR.

WE LOOKED AT PROJECTS PLANNED FOR PHASE ONE.

WE HAD A 15% ESCALATOR ON THAT COST, AND THEN PROJECTS THAT WOULD OCCUR IN PHASE TWO DOWN THE ROAD WOULD BE 12% ESCALATOR AND THEN PROJECTS BEYOND THAT, BECAUSE TYPICALLY BOND PROGRAMS ARE COMPLETED WITHIN FIVE YEARS.

THOSE WERE DONE AT 9% ESCALATION COST FOR THE THIRD AND FOURTH YEAR.

SO IT HAD A 15%, 12%, 9% ESCALATOR COST IF THE PROJECT WAS GOING TO START IN THAT FOURTH YEAR. DR.

RINGO, IS THAT CUMULATIVE? IS THAT YEAR OVER YEAR, OR IS THAT FROM THE BEGINNING POINT OF, LET'S SAY IF THE BOND STARTED NEXT MONTH, BY THE FIFTH YEAR, WOULD ESCALATION BE CUMULATIVE OF ALL THOSE NUMBERS, OR WOULD IT BE THE NUMBER THAT YOU MENTIONED FOR, SAY, THE FIFTH YEAR? GREAT QUESTION. IT IS CUMULATIVE.

THAT WAY, WE KNEW WHEN WE GET TO THAT PROJECT BASED OFF CURRENT KNOWN INFORMATION AND AS MR. GLICK NOTED EARLIER, TO PREDICT INFLATION FOUR AND FIVE YEARS OUT IS ALMOST UNHEARD OF, BUT WE BASED OFF CURRENT NUMBERS.

WE PREDICTED IT. SO IT IS CUMULATIVE THAT WAY.

WHEN WE GET TO THAT PROJECT TIME, WE DO HAVE ENOUGH FUNDS TO DO THE PROJECT VERSUS WHAT'S OCCURRED IN SOME OF THE OTHER DISTRICTS WHERE THEY SAY WE DON'T HAVE ENOUGH FUNDS DUE TO INFLATION TO DO THE PROJECT.

OKAY, DR. RINGO MY FINAL QUESTION ON THIS IS RECENTLY WE'VE SEEN AN INVERSION OF THE YIELD CURVE WHERE OUR LONG TERM RATES ARE NOW HAVE LOWER EXPECTATION THAN OUR SHORTER TERM RATES. IS THIS RELATIONSHIP REFLECTED IN THOSE INFLATIONARY NUMBERS OR WILL THEY RUN COUNTER TO SOME OF THE TRENDS WE'RE SEEING IN INTEREST RATES? SO THESE NUMBERS ARE BASED INFLATION IS BASED ON THE CONSTRUCTION COST AND THEN I BELIEVE YOU'RE SPEAKING TO THE YIELD CURVE IN REGARDS TO OUR BOND RATES, AND SO BASED OFF WHAT WE KNOW NOW IN THE MARKET AND RUNNING NUMBERS IT WAS DONE ON THE CALCULATIONS OF WHAT WE SEE AND WHAT SCHOOL DISTRICTS ARE DOING AND WHAT'S BEEN TRENDING IN THE MARKET. SO OUR BOND AND WHERE THAT TAX RATE CALCULATION IS DONE TO COVER OUR PRINCIPAL AND INTEREST IS CALCULATED ONTO THE DEBT SIDE.

OKAY, ASK ANOTHER WAY.

THE CHANGE IN EXPECTATIONS OF INTEREST RATES HAS NO IMPACT ON THE EXPECTATION OF THE

[01:00:06]

WELL, OUR BONDS ARE CALCULATED ON THESE INFLATION RATES, AND SO WITH THOSE NUMBERS I SHOWED YOU, WE SHARED WITH YOU ON THE 15, 12, NINE AND 9%, WE GET TO A DOLLAR AMOUNT, FOR EXAMPLE, ON PROP A OF OVER $1,000,000,000, AND SO WE KNOW WE IT'S GOING TO BE $1,000,000,000 FOR PROP A AND SO THEN OUR BOND INFORMATION IS CALCULATED ON THAT DOLLAR AMOUNT OF $1,017,300,000.

OKAY, THANK YOU, MR. PRESIDENT. THANK YOU, TRUSTEE MILLER.

MR. GLICK. YEAH, JAMIE, JUST AS A FOLLOW UP IN GEORGE WILLIFORD'S PRESENTATION TO US A COUPLE OF WEEKS AGO, HE DID HAVE A PERCENTAGE NUMBER IN THERE THAT HE WAS APPROXIMATING FOR WHAT OUR BOND RATE MIGHT BE.

SO WHERE THE RATES RIGHT NOW FOR TRIPLE-A BONDS ARE IN THE 4.1-4.2 RANGE, HE WAS ACTUALLY WAY ABOVE THAT.

HE WAS OVER WELL OVER 5%, AND WHAT THE BONDS I THINK HE WAS TRYING TO GET TO THE HIGHEST NUMBER HE COULD PREDICT WAY OUT IN THE FUTURE.

SO I THINK WE'RE VERY SAFE THERE KNOWING WHERE WE'RE AT RIGHT NOW WITH TRIPLE-A BONDS LIKE WE WOULD SELL, AND WHAT HE WAS SUGGESTING COULD BE THE RATE IN THREE OR FOUR YEARS WHEN WE GO TO SELL OUR LAST TRANCHE OF BONDS.

WELL, AND MR. GLICK TOO AND THANK YOU FOR YOUR COMMENT, BUT ANY TIME I SEE PROJECTIONS LIKE THIS, I ALWAYS LOOK FOR THE ATTITUDE OR THE MOOD OF THE PROJECTION.

I LIKE THE CONSERVATIVE PROJECTIONS.

I LIKE TO BE SURPRISED ON THE POSITIVE RATHER THAN THE NEGATIVE, AND SO IT LOOKS TO ME LIKE, FROM WHAT I'VE HEARD, WE HAVE SOME PRETTY CONSERVATIVE PROJECTIONS, NOT THAT WE CAN'T BE WRONG AND NOT THAT WE WON'T MISS IT ON THE LOW SIDE, BUT AT LEAST THEY GO IN FROM A CONSERVATIVE VIEWPOINT, AND THAT'S WHAT I WAS LOOKING FOR.

THANK YOU.

MS. GRIFFIN. YES.

PAGE 44 OF OUR BOARD BOOK.

I KNOW YOU ALL HAVE REACHED THIS NUMBER, BUT WHAT ARE WE WHEN WE SAY FINE ARTS IMPROVEMENTS, SCHOOL AUDITORIUMS AND DANCE ROOMS? YOU ALL HAD SOME SPECIFICS FOR YOU TO DO A COST ESTIMATE.

SO WHAT ARE THOSE? HOW WILL WE DISSEMINATE THAT INFORMATION SO EVERYONE WON'T HAVE THEIR OWN IDEAS ABOUT WHAT THEY'RE GOING TO GET AT THEIR PARTICULAR CAMPUS? SO I'M ASSUMING THAT FINE ARTS IMPROVEMENTS IS FURTHER BROKEN DOWN TO SPECIFIC THINGS.

SO YOU'VE PROBABLY SAID IT, BUT I CAN'T REMEMBER.

SO WHAT ARE THOSE? AS WE WENT THROUGH THE PROCESS, PVK WALKED THE FACILITIES, IDENTIFIED WHAT HAD LIVED ITS LIFE CYCLE IN THAT AUDITORIUM.

SO SOME AUDITORIUMS MAY BE GETTING NEW STAGE RIGGING.

THERE ARE ALSO SOME MAJOR WORK ON SOME OF THE CATWALKS ABOVE THE STAGE FOR STUDENTS.

SO IT'S CAMPUS SPECIFIC.

CAMPUS SPECIFIC.

BASED ON THEIR NEEDS? YES, BASED ON THE NEEDS FROM THE ASSESSMENT, WHICH IS IN THE BIG BOOK. IF YOU WERE TO DRILL DOWN BY PARTICULAR CAMPUS, YOU COULD SEE IT ALL IN THE BIG BOOK. OKAY, SO BACK ON PAGE 43, THERE'S A NUMBER THAT YOU ALL HAVE PUT IN YOUR CALCULATIONS FOR THREE NEW ELEMENTARY CAMPUSES.

WHAT ARE THOSE COSTS PER CAMPUS PROJECTED? PROJECTED RIGHT NOW, CURRENTLY, IF I'M NOT MISTAKEN, AND MR. FERNANDEZ MAY CORRECT ME ON THIS, BUT I BELIEVE RIGHT NOW CURRENTLY OUT IN THE MARKET, ELEMENTARIES ARE RUNNING ANYWHERE FROM THE MID FORTIES TO THE MID FIFTIES.

SO IS THAT CORRECT? OKAY, THANK YOU, MR. GONZALES. THE NUMBERS WE USE WERE 64 MILLION.

THAT'S YOUR BASE NUMBER WITH THE ESCALATION COST AND WITH ALL OF THE NEW REQUIREMENTS THAT HAVE COME ABOUT WITH SCIENCE LABS AND PARKING AND ALL OF THAT.

ABSOLUTELY. SO ONE OF THE OTHER THINGS THAT HAS INCREASED THE COST FOR A BRAND NEW GROUND UP BUILDING IS OUR STORM SHELTERS.

SO AT TODAY'S COST, IT'S RUNNING 1.5 TO 1.8 MILLION IN ADDITION TO WHAT YOUR BASE BUILDING WOULD HAVE BEEN IN THE PAST, YOU NOW HAVE TO DO A STORM SHELTER FOR ALL OF THESE NEW BUILDINGS. SO THERE'S AN INCREASE IN COST THERE.

SO THE NUMBERS THAT WE USED WAS 64 MILLION, AND I THINK THAT'S SOMETHING WE NEEDED TO HEAR. WE REMEMBER THAT BATTLE WE HAD, BUT WE CAN'T KEEP UP WITH ALL OF THAT.

[01:05:02]

SO THANK YOU. THANK YOU.

PLEASE CONTINUE.

I LEFT OFF WITH THE PORTABLES.

THE NEXT THING IS OUR SAFETY, SECURITY, FENCING.

AS WE TALKED ABOUT FOR THE LAST COUPLE OF YEARS AND WHAT'S GOING ON RIGHT NOW AND IN THE WORLD.

FENCING OF ALL OF OUR CAMPUSES, WE NEED TO MAKE SURE THAT ALL OF OUR CAMPUSES ARE SECURED. SO WE HAVE FENCING ON EVERY CAMPUS , AND THEN AS I SPOKE ABOUT THE SECURITY BALLISTIC FILM AT OUR ENTRANCES.

SO TOTAL AMOUNT IS ONE 1,017,300,000 FOR ALL PROPOSITION A.

ANY QUESTIONS ON PROPOSITION A BEFORE I MOVE ON? OKAY, AS YOU CAN SEE, HERE ARE SOME PHOTOS.

ONE OF THE THINGS THAT DR.

RINGO TOOK SOME REALLY, REALLY NICE HAD SOME NICE PHOTOS INSERTED HERE.

SO YOU CAN SEE SOME OF THE AREAS THAT WE'RE ADDRESSING.

ALL RIGHT, PROPOSITION B.

AS DR. RINGO SPOKE ABOUT, THERE ARE CERTAIN CERTAIN ITEMS ACROSS TEXAS.

IF YOU'RE GOING TO BUILD A NATATORIUM, A STADIUM TEACHER HOUSING, YOU KNOW, CERTAIN THINGS THAT DON'T QUALIFY IN PROPOSITION A WOULD HAVE TO GO INTO PROPOSITION B.

ALSO TO INCLUDE, ANY RENOVATIONS YOU DO ON A STADIUM THAT OCCUPIES OVER 1000 PEOPLE.

SO IF WE WERE EVER TO DO ANY TYPE OF RENOVATION, IT'S IMPORTANT TO KNOW THAT THAT WOULD HAVE TO BE A SEPARATE PROPOSITION FOR EVEN.

LET'S JUST SAY WHEN YOU GO TO THE VOTERS TO REDO THE TURF, LET'S SAY WE WANT TO REDO THE TURF AT TWO STADIUMS. THAT WOULD HAVE TO BE A SEPARATE PROPOSITION JUST FOR THAT, BECAUSE IT FALLS UNDER THAT CATEGORY, BECAUSE BECAUSE IT'S CONSIDERED A STADIUM REPAIR.

YES, SIR, YOU'RE CORRECT.

SO AGAIN, AS DR.

RINGO SHARED, THIS WAS FROM OUR BOND COUNCIL.

THIS LANGUAGE WAS WAS CREATED BY OUR BOND COUNCIL AND WAS ALSO SHARED WITH THE BOND STEERING COMMITTEE AS PROPOSITION B FOR THIS DISTRICT WILL BE RECREATIONAL FACILITIES, AND THOSE ARE THE INDOOR PRACTICE FACILITIES AT ALL OF OUR HIGH SCHOOLS.

A FEW OF YOU ALL WENT WITH US TO A DISTRICT AND TOURED ONE OF THOSE HERE RECENTLY.

MR. GONZALES. YES.

ON THE BALLOT, WE DO GET A SAY MULTIPLE [INAUDIBLE] AT ALL SEVEN HIGH SCHOOLS, SO OUR VOTERS WILL UNDERSTAND WHAT THEY ARE VOTING ON, AND WITH RESPECT TO THAT, DO WE HAVE TO I MEAN, IS THE USE WE KEEP USING THE TERM RECREATIONAL FACILITY, IS THAT SOMETHING THAT WE'RE MANDATED TO USE? SO UNDER STATUTE, YES, THAT IS NOT SOMETHING OUR TEAM CAME UP WITH TO USE BECAUSE OF THE NEW STATUTES [INAUDIBLE] BECAUSE I HATE IT, SEVERAL PROPOSITIONS, AND AS WE'VE SEEN AND YOU JUST NOTED, MR. JOHNSON, THE STATE HAS MADE IT HARDER AND HARDER FOR SCHOOL DISTRICTS TO PASS BOND PROGRAMS. PRIOR TO 2018, THE SUCCESS RATE WAS 80 TO 90% ACROSS THE STATE.

WITH THIS NEW LANGUAGE AND STATUTORY REQUIREMENTS, THE SEVERAL PROPOSITIONS HAVE A FAILURE RATE OF CLOSER TO 60%, WHICH MEANS IT'S GONE FROM AN 89% PASS RATE TO ROUGHLY 40% PASS RATE, JUST SINCE THE STATUTORY REQUIREMENTS HAVE CAME INTO PLACE BECAUSE IT'S BEEN A BIT SINCE I WAS SVELTE AND IN ATHLETICS, BUT I WOULDN'T CONSIDER WHAT I DID RECREATION BY ANY STRETCH OF THE IMAGINATION.

SO MAYBE THE GAME WAS, BUT CERTAINLY THE TRAINING WASN'T.

PLEASE CONTINUE, MR. GONZALES.

LET ME ASK A QUESTION. I DIDN'T UNDERSTAND WHAT YOU SAID, DR.

RINGO.

YOU'RE GOING TO INCLUDE LANGUAGE WHERE TO SAY IT'S IN ALL SEVEN OF OUR HIGH SCHOOLS? WHERE WILL THAT BE? YES, MA'AM, GREAT QUESTION.

AS WE BRING THIS BACK TO THE BOARD, AGAIN, A LOT OF DETAIL INFORMATION.

WE WILL ACTUALLY SHOW YOU THE BALLOT LANGUAGE, AND SO WITHIN THE BALLOT LANGUAGE, IT WILL STATE MULTIPURPOSE FACILITIES AT ALL SEVEN HIGH SCHOOLS.

THAT WAY, THE VOTERS DO HAVE CLARITY ON WHAT THEY'RE VOTING ON.

THIS IS THE LANGUAGE. YES, THIS IS IT.

WELL, YES, WE'RE ABLE TO THIS IS THE BROADEST THAT IT CAN BE DONE.

WE'RE ABLE TO NARROW THAT DOWN EVEN, BUT THIS IS IT WHERE IT SAYS AND EQUIPPING A MULTIPURPOSE ACTIVITY CENTER AT EACH HIGH SCHOOL CAMPUS.

THAT'S THE LANGUAGE HE'S TALKING ABOUT. THAT IS THE LANGUAGE.

NOW, I JUST WANT TO BE CLEAR.

THESE PICTURES LOOK NICE.

[01:10:02]

SO WHAT DOES THAT MEAN TO ME? IS THAT FOR CHEERLEADERS? IS THAT FOR WHAT? HOW WOULD I EXPLAIN THAT? BECAUSE I CAN'T TAKE THIS PICTURE AROUND.

SO GIVE ME AN IDEA OF ALL OF THE ACTIVITIES TO THE BEST OF YOUR KNOWLEDGE AT THIS POINT THAT WOULD TAKE PLACE IN THE BUILDING, BECAUSE WHEN YOU SAY IT, IT MAKES ME THINK THAT JUST FOOTBALL.

I'M JUST SAYING JUST FOOTBALL AND THE MARCHING BAND.

NOW, IF IT IS MORE THAN THAT, THEN WHAT IS THE LANGUAGE? ACTUALLY, I THINK I'M GOING TO GO AHEAD AND TAKE THIS ONE TO A DEGREE BECAUSE I WAS PART OF THE TOUR OF THE ARLINGTON FACILITIES AND WE WERE THERE FOR A COUPLE OF HOURS, ACTUALLY AND SO I ACTUALLY NOT ONLY DID I GET TO SPEAK WITH THE PEOPLE WHO ARE USING IT, THE COACHES AND SUCH, I ACTUALLY GOT TO SEE IT IN USE, AND THE WHOLE TIME WE WERE THERE, THE WHOLE TIME IT WAS IN USE, THE ENTIRE TIME, NEVER ONCE BY THE FOOTBALL TEAM, NEVER ONCE BY THE MARCHING BAND. OKAY.

THE SOCCER TEAMS, BOTH BOYS AND GIRLS, WERE ON EITHER SIDE.

THEY WERE DOING THEIR PRACTICES, AND BASED ON THE DISCUSSIONS, THE ATHLETIC DIRECTOR AND THE ARLINGTON ISD ACTUALLY SOCCER IS THE NUMBER ONE USER OF THE FACILITY BECAUSE THEIR PRACTICE IS UNIVERSALLY LOOKS LIKE WHAT'S GOING ON OUTSIDE RIGHT NOW, COLD AND WET.

SO THEY ARE USING IT AT THIS TIME OF YEAR CONSTANTLY.

THEIR PROGRAMS, THEY HAVE THEIR WEIGHT ROOMS IN THEIR FACILITY AS WELL.

SO EVERY SINGLE ATHLETIC PROGRAM USES IT, THE MARCHING BAND USES IT.

SO FINE ARTS COMES THROUGH THERE, OBVIOUSLY.

YES, FOOTBALL DOES USE IT, BUT EVEN PROGRAMS LIKE VOLLEYBALL CONSISTENTLY USE IT WHENEVER THEY WANT TO DO TRAINING AND RUNNING AND THINGS OF THAT NATURE, AND IT'S THE SUMMER HEAT THEY'RE INSIDE THAT FACILITY AS OPPOSED TO IT.

THE BIG THING IS WHEN WE HAVE WINTER PROGRAMS, WINTER SPORTS THAT HAVE TERRIBLE WEATHER LIKE SUCH AS WHAT WE'VE GOT GOING ON OUTSIDE RIGHT NOW, TRACK AND THINGS LIKE THAT, THEY'RE INSIDE THIS FACILITY.

THEY'RE NOT WORKING OUT OUTSIDE IN THE RAIN OR WHAT WOULD HAPPEN, THEY'RE JUST NOT WORKING OUT AT ALL. THAT'S WHAT OUR DISTRICT CURRENTLY HAS.

WHEN WE HAVE INCLEMENT WEATHER, THAT'S JUST TRAINING TIME WE JUST DON'T HAVE.

THESE OTHER DISTRICTS DO.

I'M GOING TO GO BACK TO FOOTBALL AS AN EXAMPLE BECAUSE I KNOW YOU WERE SITTING RIGHT NEXT TO ME AT THE COACHING SYMPOSIUM THIS SUMMER AND WE HEARD JUST ABOUT HOW MUCH TIME IS LOST WHENEVER THEY HIT A CERTAIN THRESHOLD OF HUMIDITY AND HEAT, AND THEN WE HAVE TO SHUT DOWN ALL THESE OTHER DISTRICTS, MOVE TO THIS AND THEY BRING IT IN THERE AND THEY DON'T LOSE ANY TIME.

THE BAND'S UNDER THE SAME RESTRICTION IN THE SUMMER.

I KNOW MY SON, WHENEVER THEY BREACH THAT SAME RESTRICTION, THEY'RE DONE.

THE OTHER BANDS ARE INSIDE THESE FACILITIES AND THEY CAN CONTINUE PRACTICING, THEY CAN CONTINUE DOING THESE THINGS.

SO THESE ARE OPPORTUNITIES TRAINING TIME THAT OUR KIDS MISS OUT ON THAT OTHER DISTRICTS DON'T.

SO IT WAS AMAZING, AND MR. AUBIN CAN PROBABLY TALK ABOUT THIS AS WELL.

IT IS AMAZING HOW MUCH USE WE SAW IN A FAIRLY I WAS EXPECTING A LOT OF VACANTS, NO, IT WAS CONSTANTLY USED BUT MY QUESTION IS WE CAN GET THAT UNDERSTANDING I AM LOOKING AT THE CITIZENS SO DON'T TAKE MY COMMENTS ONE WAY OR THE OTHER FOR OR AGAINST. WE HAVE TO REACH OVER 300 AND SOME THOUSAND CITIZENS, AND WHAT I'M TRYING TO ASK IS, IS THERE A BETTER WAY, A CONSOLIDATED WAY THAT WE WILL SELL THIS OTHER THAN WHAT WE HAVE DONE BASICALLY THUS FAR? I UNDERSTAND.

I UNDERSTAND WHERE WE ARE.

I UNDERSTAND WHAT WE'RE MISSING OUT ON.

WHEN I SPEAK, I'M NOT ALWAYS SPEAKING ABOUT LINDA GRIFFIN.

I'M SPEAKING ABOUT THE GARLAND, ROWLETT AND SACHSE COMMUNITY, AND THE CLEARER WE ARE COMING OUT OF THE CHUTE, THE CLEARER WE ARE, I THINK WE HAVE ROOM FOR MORE SUCCESS.

I'M GOING TO GIVE IT A SHOT AND I'M GOING TO HAND IT OVER TO RICH BECAUSE HE'S A MASTER OF WORDS. I'M GOING TO TELL YOU HE KNOWS HOW TO PUT THINGS TO WHERE PEOPLE UNDERSTAND, AND

[01:15:02]

I'M GOING TO SAY THIS.

THE FIRST THING I WOULD SAY IS, THANK GOD WE'RE LATE TO THE GAME ON THIS BECAUSE SOME SCHOOL DISTRICTS BUILT THEM WRONG AND PEOPLE ARE UPSET.

TOO SMALL DOESN'T.

THERE'RE PEOPLE THAT BUILT THESE AND YOU CAN'T EVEN HAVE MARCHING BANDS IN THERE.

I PERSONALLY TALKED TO A BUNCH OF PEOPLE AND THEN THE DISTRICT IS GROWING AND THEY SAY, WELL, IT'S UNFAIR.

SO THE FIRST THING IS, I'M GLAD WE'RE LATE TO THE GAME, BUT THIS IS FOR EVERYONE.

THIS IS FOR P.E., THIS IS FOR SPECIAL ED, THIS IS FOR OUR ATHLETIC COMPETITORS, IN-SEASON. THIS IS FOR OUR FINE ARTS COMPETITORS IN-SEASON.

THIS FACILITY WILL BE THE MOST USED FACILITY AND GIVE OUR GYM A RUN FOR ITS MONEY AND IF YOU GO TO ANY HIGH SCHOOL GYM, ANY HIGH SCHOOL GYM, THAT IS THE MOST USED FACILITY IN THE PLANET, AND WHAT THIS HAS BECOME IS THE NEW THE NEW ALL INCORPORATED GYMNASIUM. YOU HAVE HIGH CEILINGS FOR CHEERLEADERS.

THEY THROW THEMSELVES IN THE AIR; THEY'VE GOT TO HAVE HIGH CEILINGS.

YOU GOT BAND EQUIPMENT STORAGE.

YOU'VE GOT PLACEMENTS FOR WHAT IT IS GOING TO BE LIKE IN REAL GAME TIME.

THESE FACILITIES ACTUALLY HAVE NOW BECOME A NEED, AND SO IT IS ALL INCLUSIVE FOR EVERYBODY, AND THEY'RE PROBABLY GOING TO BE RUN AT A HIGH DEGREE BECAUSE IN SPORTS WILL BE USING THEM AFTER SCHOOL AND BEFORE SCHOOL.

THEN YOU'RE GOING TO HAVE YOUR P.E.

DEPARTMENTS, LIKE THEY JUST SAID, BE USING THEM.

YOU'RE GOING TO KEEP YOUR SPECIAL OLYMPIANS AND YOUR SPECIAL ED STUDENTS OUT OF THE ELEMENTS FROM GOING OUTSIDE IN THE SAFE ENVIRONMENT, AND IT'S GOING TO BE CONNECTED TO THE FIELDHOUSE THAT IS IN PROPOSITION A, AND SO IT'S GOING TO BE ONE BIG SYSTEM THAT GARLAND PEOPLE ARE AFRAID OF, BUT I'M GOING TO LEAVE ONE LAST THING.

TALKING TO YOUNG PARENTS AND THIS I'M A PARENT, GUYS, AND I'M GOING TO TELL YOU I NEVER THOUGHT THIS WAY, BUT TALKING TO YOUNG PARENTS, WHEN WE TALK ABOUT WHY AREN'T PEOPLE WITH FAMILIES MOVING INTO OUR HOUSES, THERE IS A STRONG GROUP OF PEOPLE THAT LOOK AT THE HIGH SCHOOLS AND DON'T SEE INDOOR FACILITIES AND THEY'RE WILLING TO PAY FOR ANOTHER HOUSE IN ANOTHER AREA THAT HAS THAT BECAUSE THEIR KIDS ARE INVOLVED.

IT'S NO LONGER RECREATIONAL GAMES FOR KIDS ANYMORE.

THEY'RE DOING IT YEAR ROUND, YEAR ROUND, AND THEY'RE VERY SERIOUS ABOUT IT, AND WHEN THEY SEE INDOOR FACILITIES, THEY SAY, I WANT MY KID TO BE PROTECTED AWAY FROM THE ELEMENTS, AWAY FROM THE SUN. I'M GOING TO HAND IT OVER TO RICH.

HOW WOULD YOU SUM IT UP? THANK YOU, AND TRUSTEE GRIFFIN, I COMPLETELY UNDERSTAND THE CONCERN. IT'S A DIFFERENT ANIMAL WHEN YOU'RE OUT THERE TALKING TO VOTERS AND TRYING TO EXPLAIN THINGS, AND IF YOU SHOW THEM THESE TWO PICTURES, WHAT THEY'RE GOING TO SEE IS THEY'RE GOING TO SEE THE YARD LINE MARKINGS AND THEY'RE GOING TO THINK, WELL, THE ONLY THING THIS IS FOR WE JUST BUILDING SOMETHING FOR THE FOOTBALL AND THE BAND, AND I UNDERSTAND THAT CONCERN, AND SO WHAT I WOULD SUGGEST IS THAT AS IT GETS PRESENTED OUT TO THE VOTERS, IS THAT THAT WE SEND SOMEBODY OUT TO LAMAR, WHICH IS WHERE WE WENT, THE HIGH SCHOOL THAT WE WENT TO TO LOOK AT THIS AND GET PICTURES THAT SHOW ALL OF THE THINGS THAT SHOW THERE THAT GO THERE, ALL OF THE ACTIVITIES SO THAT AND THEN PROVIDE THAT TO BOARD MEMBERS SO THAT YOU HAVE SOMETHING THAT YOU CAN SHOW TO SOMEBODY THAT SHOWS THIS IS NOT JUST FOOTBALL.

I WOULD EVEN ACTUALLY, AS I WAS SITTING HERE THINKING ABOUT IT, I WOULD PROBABLY DO A TIME LAPSE. I WOULD ASK HIM IF WE COULD SET UP A CAMERA THAT SHOWS THE TIME LAPSE OF ALL THE ACTIVITIES THAT HAPPEN THERE DURING THE DAY, BECAUSE THAT IS THE PART THAT I HAD INITIALLY. I DON'T WANT TO SAY IT WAS A NEGATIVE IMPRESSION, BUT I DID NOT FULLY UNDERSTAND WHAT THESE FACILITIES WERE UNTIL I WENT AND WATCHED THE PROCESS, AND THEY HAD THE AND IT WASN'T JUST EVEN SPECIFIC, YOU KNOW, THEY HAD THE ENTIRE FRESHMAN BOYS ATHLETICS WERE THERE WHILE WE WERE THERE, AND SO, YOU KNOW, THERE ARE 120 KIDS OR SOMETHING MOVING AROUND AND RUN THROUGH HERE AND THERE, AND SO THERE WERE A LOT OF THINGS GOING ON. IT'S SO MUCH SO THAT IT TOOK THEM OVER A YEAR TO SCHEDULE TO GET EVERYTHING WORKED INTO THE SCHEDULE SO THEY COULD FULLY MAXIMIZE THE USAGE OF IT, AND SO I THINK THAT'S THE THING THAT I WOULD FOCUS ON WITH PEOPLE IF THEY HAD, BECAUSE PEOPLE ARE SO VISUAL, AND IF YOU SHOW THEM THIS, I THINK YOU'RE RIGHT THAT THEY'LL LOOK AT THAT AND GO, ARE WE JUST BUILDING SOMETHING? IS THIS ONLY FOR THE FOOTBALL AND BAND KIDS? BUT I THINK IF YOU HAVE SOMETHING THAT SHOWS THAT I MEAN, GOLF AND VOLLEYBALL AND SOCCER, ALL THE DIFFERENT THINGS THAT OCCUR AND THEN THE OTHER PIECE OF IT THAT I THINK THAT FOLLOWS ON WITH WHAT DR.

LOPEZ JUST SAID, BECAUSE ISN'T YOU KNOW, WE HAVE A LOT OF VOTERS WHO DON'T HAVE KIDS IN SCHOOL ANYMORE, AND YOU'VE GOT TO BE ABLE TO SELL THIS TO THEM, AND I THINK PART OF THAT IS ONE, WE WANT TO BE ABLE TO PROVIDE KIDS A FULL EDUCATION REACH THEIR, ALL--IT'S A

[01:20:04]

THERE'S VALUE TO THAT, AND EVERY TIME THAT YOU IMPROVE THE DISTRICT AND THIS IS THAT SYMBIOTIC RELATIONSHIP BETWEEN THE DISTRICT AS AN EDUCATIONAL ENTITY IN BETWEEN THE CITIES. IT'S THAT WE MAKE FOR FOLKS WHO DON'T HAVE KIDS IN THE DISTRICT, YOU KNOW, IF WE'RE ATTRACTING MORE PEOPLE TO THE CITY, WE'RE NOT LOSING THEM OUT.

BECAUSE EVERY THE THING THAT I DID NOT KNOW, BECAUSE I DIDN'T CHOOSE I CHOSE GARLAND ON OTHER CRITERIA THAN HIGH SCHOOL FACILITIES, BUT A LOT OF PEOPLE DO AND A LOT OF.

I WAS SHOCKED TO REALIZE HOW MANY OTHER CITIES, PRETTY MUCH ALL OF THEM HAVE THESE TYPE OF FACILITIES, AND SO THAT'S THE OTHER THING I WOULD TELL THESE FOLKS IS, LISTEN, WE WANT TO BE ABLE TO CONTINUE AS BASICALLY AS MAYBE NOT ECONOMIC DEVELOPMENT, BUT TO STRENGTHEN OUR CITIES, STRENGTHEN OUR DIVERSITY, PROVIDE THESE TO ALL CAMPUSES AND BRING PEOPLE IN AND LET PEOPLE KNOW THAT GARLAND IS A SCHOOL DISTRICT, THAT'S GOING TO ATTRACT A LOT OF GOOD FOLKS HERE.

WE'RE GOING TO IMPROVE OUR CITIES IN THAT WAY AS WELL, AND THAT'S A BENEFIT TO FOLKS WHO DON'T HAVE KIDS IN THE SCHOOL, BUT I DO THINK THE BIG THING, AND I AGREE WITH YOU IS THAT IF YOU JUST SHOWED PEOPLE PICTURES OF THIS, THEY'LL GO LIKE, AND WHY DOES THAT? AND THEY'LL BE LIKE, AND WHY DOES THAT COST $20 MILLION? AND WHY WOULD I WANT SEVEN OF THEM? AND SO I THINK THAT KIND OF THING I THINK WOULD GIVE YOU THE SUPPORT THAT YOU NEED TO BE ABLE TO SELL IT TO THE VOTERS, BUT HAPPY TO CONTINUE TO HAVE THE DISCUSSIONS OUTSIDE OF THE MEETING AS WE LOOK AT HOW TO BRING THIS PROGRAM FORWARD TO THE VOTERS.

I MEAN, I THINK ALL OF IT IS VERY SUPPORTABLE.

THIS ONE BEING A SEPARATE PROPOSITION, IS ONE OF THE MOST VULNERABLE THINGS, RIGHT? BECAUSE YOU LOOK AT PROP A, THERE'S A LITTLE BIT OF SOMETHING FOR EVERYBODY IN THERE, AND SO AS PEOPLE LOOK AT THAT, THEY'RE LIKE, WELL, I MAY NOT SUPPORT THIS, BUT GEE WHIZ, I REALLY WANT THE AG FACILITY.

I MAY NOT WANT THE BUS FACILITY, BUT I REALLY WANT PLAYGROUNDS.

BUT WHEN YOU GET TO THESE INDIVIDUAL PROPOSITIONS, WHICH IS EXACTLY WHAT THE STATE LEGISLATURE IS TRYING TO DO, THEY'RE TRYING TO LET PEOPLE KIND OF PICK OFF CERTAIN THINGS WHEN YOU GET TO THE INDIVIDUAL PROPOSITIONS, THAT'S A VERY SPECIFIC SELL, A MORE DIFFICULT ONE. I TOTALLY UNDERSTAND THE POSITION.

THANK YOU, AND SPEAKING OF THOSE COMMENTS, WHEN THE BOND IS CALLED FOR, THERE WILL BE A COMMUNICATION MARKETING ADVERTISEMENT PLAN THAT SPEAKS TO THE DETAILS OTHER THAN JUST WHAT YOU SEE ON THE SCREEN AND TO PERSONALLY SPEAK, AS DR.

LOPEZ NOTED, MY FORMER ROLE IS FROM A CAMPUS ADMINISTRATOR TO MY ROLE NOW.

MY PRIOR DISTRICTS DID HAVE INDOOR PRACTICE FACILITIES, AND AS WE SAW IN ARLINGTON, THE CHALLENGE FACED BY THESE CAMPUSES IS THE NUMBER OF PEOPLE TRYING TO USE THAT FACILITY AND SCHEDULING ISSUES, AND WHEN WE VISITED ARLINGTON, THAT WAS EXPRESSED AS ONE OF THE KEY POINTS IN THEIR FIRST YEAR. THEY STRUGGLED IN SCHEDULING BECAUSE SO MANY PEOPLE WANTED TO USE IT. THEY HAD TO FIGURE OUT HOW TO BE EQUITABLE, THEY HAD TO CHANGE THE BELL--NOT CHANGE BELL SCHEDULES, BUT CHANGE [INAUDIBLE] IN THE SCHOOL DAY TO MAXIMIZE THAT USAGE BECAUSE THERE WERE SO MANY REQUESTS TO USE IT TO MAKE SURE YOUR BAND PERIODS WEREN'T ALIGNED WITH YOUR VARSITY ATHLETIC PERIODS, TO MAKE SURE BASEBALL SOFTBALL HAD DIFFERENT PERIODS.

THAT WAY, IT COULD BE UTILIZED THROUGHOUT THE DAY AND, AS NOTED, TOO HEAVILY UTILIZED ON THE WEEKENDS AND IN THE SUMMERS FOR THOSE RACE PROGRAMS. MR. GLICK, LET'S ALSO REMEMBER ON ALL THE THREE PROPOSITIONS WE'RE GOING TO SEE TODAY, AT THE END OF IT, IT'S GOING TO SAY THIS IS A TAX INCREASE, SO THAT LANGUAGE WILL BE THERE AND IT MAKES IT OUR JOB OF TRYING TO SELL A, B AND C EVEN MORE DIFFICULT.

SO I AGREE WITH THE PREMISE THAT YOU RAISED .

CLARIFYING QUESTION ALONG WITH THOSE STATUTE CHANGES THAT WE SAW IN 2018 ON THE BALLOT, REGARDLESS OF THE DISTRICT IS LOWERING THE TAX RATE, EVEN NO MATTER WHAT THE TAX RATE IS GOING TO DO, STAY THE SAME DECREASE OR INCREASE, IT IS GOING TO SAY IN CAPITAL LETTERS ON EVERY PROPOSITION, THIS IS A TAX RATE INCREASE.

PLEASE CONTINUE, MR. GONZALES.

OKAY, GREAT CONVERSATION.

SO, AGAIN, THESE ARE MULTI ACTIVITY CENTERS AT ALL HIGH SCHOOLS.

TOTAL AMOUNT FOR THIS PROPOSITION IS 135,910,000 TO GET THESE DONE AT EACH CAMPUS.

PROPOSITION C, THIS PROP HERE AGAIN IS ONE OF THE ITEMS THAT'S IDENTIFIED, WHICH IS TECHNOLOGY. THESE ARE ACTUALLY FOR 1 TO 1 DEVICES, AND AS IT LAYS OUT HERE, IT'S ALSO FOR TECHNICAL TECHNOLOGY EQUIPMENT THAT NEEDS IN PROPOSITION C.

[01:25:02]

ALL RIGHT, SO BOND SCOPE DISTRIBUTION.

AS YOU CAN SEE HERE, WE'VE IDENTIFIED A PIE CHART.

THE ORANGE PIE CHART SHOWS OUR MAJOR PROJECTS THAT YOU CAN SEE THE MAJORITY OF OUR BOND WILL BE FOR MAJOR PROJECTS, 59%.

I THINK THIS IS A VERY, VERY GOOD PERCENTAGE.

IT'S A NEW DIRECTION FOR OUR DISTRICT.

IT'S GIVING US A LOT OF NEW THINGS THAT WE DON'T HAVE AND REALLY, REALLY IMPACTING OUR STUDENTS. SO 59% WILL BE ALL OF OUR MAJOR PROJECTS.

ALSO ON HERE, RANKED NUMBER TWO IS CAMPUS PRIORITY IMPROVEMENTS.

AGAIN, WE TALKED ABOUT THE ATHLETICS FINE ARTS AND MAINTENANCE IMPROVEMENTS AT 28%.

THAT'S GOING TO TAKE CARE OF A LOT OF THE ISSUES THAT I COME TO THE BOARD ON A MONTHLY BASIS AND ASK FOR ADDITIONAL APPROVAL FOR CERTAIN ITEMS THAT ARE CAPITAL PROJECTS AS I APPROACH THE BOARD MONTHLY.

THE OTHER ITEMS TALK ABOUT CAMPUS SAFETY, SECURITY IMPROVEMENTS, OUR NEW PLAYGROUNDS AND FENCING. AGAIN, SECURITY FILM AND THEN THE REMOVAL.

THE ONLY CAMPUS RIGHT NOW THAT IS IN PRIORITY ONE, I WANT TO IDENTIFY THIS, THE ONLY CAMPUS HIGH SECONDARY CAMPUS FOR REMOVAL OF PORTABLES IS AT LAKEVIEW CENTENNIAL, AND BECAUSE OF THE DESIGN OF THE NEW ADDITION FOR THAT CAMPUS, THOSE PORTABLES WILL HAVE TO BE DEMOLISHED FOR THE NEW ADDITION TO BE ADDED THERE AT LAKEVIEW CENTENNIAL. THAT'S WHY WE IDENTIFIED THOSE PORTABLES THERE.

AGAIN, THAT'S 7%, AND THEN COMING IN TECHNOLOGY CAMPUS IMPROVEMENTS IN 1 TO 1 DEVICES AT 6%.

SO THIS PRETTY MUCH LAYS OUT THE WAY THE BOND SCOPE IS DISTRIBUTED OUT OVER THE NEXT FOUR YEARS IF THIS GETS APPROVED.

ALL RIGHT, MR. GONZALES.

YES. THERE'S SOMETHING THAT CAME UP EARLIER, AND IT'S A BIT OF A CONTRADICTION.

I THINK I KNOW WHAT THE ANSWER IS, BUT I WANT TO MAKE SURE THAT FOR THE PURPOSES OF THE RECORD AND EVERYTHING THAT WE'RE CLEAR, THE NEW FENCING THAT WE'RE DISCUSSING IS ONLY AT ELEMENTARY SCHOOL CAMPUSES, CORRECT? I'M GOING TO REFER TO JAVIER AND PVK.

I BELIEVE WE IDENTIFY FENCING AT EVERY CAMPUS.

YES. ALL RIGHT, THEN.

[INAUDIBLE] AT EVERY CAMPUS, SIR. OKAY, WELL, THEN THAT'S SOMETHING THAT IS EVEN HERE IT SAYS NEW ELEMENTARY SCHOOL PLAYGROUNDS AND FENCING.

UP UNTIL THIS POINT, I'VE ALWAYS BEEN UNDER THE IMPRESSION WE WERE GOING TO DO PERIMETER FENCING AT ELEMENTARY SCHOOL CAMPUSES, BECAUSE I DON'T KNOW HOW YOU FENCE OFF GARLAND HIGH SCHOOL. I DON'T IN THE SLIGHTEST WAY KNOW HOW YOU DRAW FENCES AROUND THAT HIGHWAY. YOU WANT ANSWER THAT, DR.

LOPEZ? I DON'T KNOW HOW YOU FENCE ANY HIGH SCHOOL CAMPUS AS MUCH PEOPLE DRIVE IN AND OUT OF THAT THING. SO THE FENCING IS GOING TO BE TWOFOLD.

SO YOU HAVE TO UNDERSTAND THAT WE'RE NOT GOING TO FENCE IN DRIVEWAYS NECESSARILY.

THERE WILL BE EVENTUALLY WHAT YOU CALL THOSE BARS THAT THAT BLOCK THEM AND YOU SEE THEM AT SOME OF OUR SCHOOLS BUT THE PERIMETER FENCING, BECAUSE I'M GOING TO USE SACHSE HIGH SCHOOL AS AN EXAMPLE, BECAUSE YOUR KIDS GO THERE.

SO IN THE MORNINGS WHEN YOU GO DROP OFF YOUR KID, THE KIDS ARE LIKE ALL OVER THE PLACE.

ALL RIGHT? THEY'RE COMING OUT OF THE LEFT, THE RIGHT, THE CENTER, AND IF YOU PUT FENCING, PERIMETER FENCING, NOW, THE FRONT IS GOING TO BE MORE IT'S GOING TO BE A NICER FENCE. THE BACK IS GOING TO BE YOUR TRADITIONAL AMERICAN FENCE, BUT WHAT IT DOES IS IT KEEPS THE KIDS FROM WALKING EVERYWHERE.

SO IT FORCES A FUNNEL.

SO IF YOU USE THAT KIND OF LOGIC, WHAT IT DOES IS, IT'S TRAFFIC SAFETY, AND IT ALLOWS PEOPLE TO IDENTIFY WHO'S COMING FROM WHERE, EASIER, RIGHT? IT'S EASIER TO IDENTIFY SOMEBODY TRYING TO JUMP A FENCE OR IF SOMEBODY IS TRYING TO TO WALK ON CAMPUS OR IS IN A WEIRD AREA.

FOR SOMETHING LIKE GARLAND, THE SAME THING HAPPENS.

SO LIKE YOU SAID, IT'S IN THE MIDDLE OF A SIX LANE HIGHWAY AND IT'S PROBABLY THE CAMPUS THAT NEEDS THE MOST SECURITY.

SO ON ANY DAY YOU HAVE PEOPLE THAT ARE CUTTING THROUGH THE CAMPUS TO GET FROM ONE END TO THE OTHER AND THE PERIMETER FENCING WILL MITIGATE A LOT OF THOSE THINGS.

SO FENCING IS NEW TO OUR AREA, BUT IF YOU DRIVE AROUND, YOU'LL START SEEING A LOT OF THE FENCING OUT THERE.

NOW, LAST BUT NOT LEAST, FOR ELEMENTARIES AND PEOPLE UNDERSTAND THAT WE HAVE RUNNERS ALL THE TIME, AND SO YOU WANT TO MAKE SURE THAT THE KIDS DON'T RUN OUTSIDE OF THE

[01:30:01]

SO THESE AREN'T GOING TO BE THE THREE FOOT FENCES THAT WE TRADITIONALLY SEE AT SCHOOLS THAT PREVENT RUNNERS.

THESE ARE GOING TO BE MORE OF THE SIX I THINK IT'S SIX OR SEVEN FEET HIGH.

NOW THEY'RE MANDATING EIGHT FEET, SO NOW THEY'RE EIGHT FEET HIGH, AND THESE ARE KIND OF STANDARDS THAT GO AROUND.

IT DOESN'T DILUTE THE ESTHETICS AND IT DOESN'T DILUTE THE TRAFFIC FLOWS.

IF YOU WHEN WE WENT TO THE ARLINGTON ELEMENTARY SCHOOL, YOU KIND OF GOT TO HAVE AN IDEA OF WHAT THAT FENCING LOOKED LIKE, AND THERE WAS NO INTRUSION ON PEOPLE COMING IN AND COMING OUT THROUGH THE PATHWAYS, BUT THE OTHER WAYS ARE FENCED IN FOR SECURITY REASONS. I MEAN, I DEFINITELY FEEL LIKE GARLAND HIGH WOULD BE A MAJOR CHALLENGE WITH RESPECT TO THAT BECAUSE, I MEAN, YEAH, I GET THAT THERE'S PROBABLY PEOPLE WHO CROSS THAT ALL THE TIME BECAUSE YOU DON'T WANT TO HAVE TO WALK ALL THE WAY DOWN TO GARLAND AVENUE IF YOU'RE COMING FROM THE DOWNTOWN AREA, IF YOU NEED TO GET OVER ONE BLOCK RIGHT, BUT THERE'RE SO MANY ENTRY POINTS IN AND OUT OF GARLAND HIGH SCHOOL AS IS, I JUST DON'T KNOW IF FENCING IS GOING TO REALLY DO A WHOLE LOT TO PREVENT THAT, BECAUSE YOU'RE GOING TO HAVE TO HAVE THOSE DRIVEWAYS OPEN.

THERE'S DRIVEWAYS IN THE BACK, THERE'S DRIVEWAYS IN THE FRONT, THERE'S DRIVEWAYS IN THE SIDE. I MEAN, I THINK IF ANYONE WANTED TO DO THAT AND STILL BE ABLE TO DO IT RELATIVELY EASILY.

[INAUDIBLE] ONE OF THE THINGS THAT WE'RE LOOKING AT IS AN ORNAMENTAL WROUGHT IRON FENCE, MORE OF AN ORNAMENTAL FENCING AROUND THE MAJOR ENTRY POINTS OF THE CAMPUS, BUT YES, GARLAND HIGH SCHOOL HAS BEEN ON OUR WE'VE BEEN LOOKING AT THAT ONE FOR A FEW YEARS.

HOW WE COULD SECURE THAT ONE BETTER.

SO JUST TO CLARIFY, I WANT TO MAKE, BECAUSE IT SOUNDS LIKE THERE'S A NUMBER OF BOARD MEMBERS THAT ARE OF THE SAME IMPRESSION I WAS.

THIS ISN'T JUST FOR ELEMENTARY SCHOOLS.

THIS IS FOR EVERY SINGLE CAMPUS? YES. OKAY.

YOU KNOW, MAYBE WE JUST NEED TO DO FENCING ALONE AND NOT TIE IT TO THE, I KNOW WHAT'S BEING SAID WITH THE PLAYGROUNDS, BUT IT'S GOING TO BE FOR EVERYTHING.

PLAYGROUND, WHATEVER, CAMPUS FENCING.

WELL NOTED. GOT THIS ONE, SIR.

TRUSTEE MILLER HAS A QUESTION.

YEAH, AND AGAIN, THANK YOU.

THIS MAY BE A QUESTION THAT WAS COVERED IN AN EARLIER MEETING THAT I MAY OR MAY NOT HAVE BEEN ABLE TO ATTEND, BUT WITH RESPECT TO MY FIRST MEETING THAT I EVER ATTENDED AS A SCHOOL BOARD MEMBER, A LITTLE LESS THAN SIX YEARS AGO, WE WERE DEALING WITH THE DISCOVERY THAT WE FAILED TO INCLUDE THE BOND PROJECT, MANAGEMENT FEES, ETC..

AND I KNOW THERE WAS SOME DISCUSSIONS ABOUT TWO OR THREE OPTIONS FOR THAT.

I DON'T SEE THAT IN THIS PRESENTATION ANYWHERE, BUT I KNOW THAT THERE IS GOING TO BE SOME EXPENSE ASSOCIATED WITH PROJECT MANAGEMENT, AND I'M WONDERING IF IT'S BUILT INTO EACH SPECIFIC PROJECT OR IS THAT ANOTHER NUMBER THAT WILL COME TO US AT A LATER DATE? MR. MILLER, IT'S NOT IN THIS PRESENTATION, BUT IT'S GOING TO BE IN THE PRESENTATION ON THE NEXT ITEM ON THE AGENDA.

YOU DID LIKE THE PERFECT SEGUE.

IT WAS THE PERFECT SEGUE.

THANK YOU. YEAH, I THINK THIS HANDOUT.

SO AS A RECAP, THE COMMITTEE RECOMMENDATIONS WITH PROPOSITION A GAVE A GENERAL PROPOSITION OF ABOUT A LITTLE OVER $1,000,000,000, WHICH ENCOMPASSED A LOT.

WE GOT TO SEE NOT ONLY ABOUT HALF A BILLION DOLLARS ON JUST FUNDAMENTAL NEEDS IN THE DISTRICT, BUT WE ALSO GOT TO SEE SOME REALLY GOOD IMPROVEMENTS WITH AN AG FACILITY IN THAT THREE ELEMENTARY SCHOOLS.

WE GOT TO SEE A NEW TECHNOLOGY CENTER, A NEW NOC, EXPANSION TO THE STATE OF THE ART GRTC CENTER AMONG A PLETHORA OF OTHER THINGS.

THE SECOND PROPOSITION, THE RECREATIONAL FACILITY WOULD BE IN ADDITION TO THE FIELD HOUSES THAT ARE IN PROPOSITION A.

SO IF PROPOSITION A PASSES OR WHEN IT PASSES, WE WANT TO SAY, BUT THAT WOULD ALLOW FOR US TO CONNECT THE FACILITIES TO THAT AND REALLY PROVIDE AN ENVIRONMENT THAT IS THAT IS MUCH NEEDED FOR OUR DISTRICT FOR SO MANY THOUSANDS OF STUDENTS EACH AND EVERY DAY, AND THEN FINALLY, OUR TECHNOLOGY INITIATIVES WOULD SUSTAIN WITH PROPOSITION C.

SO THIS BRINGS THE TOTAL UP TO $1.193815B.

SO THAT SOUNDS LIKE A LOT.

[01:35:01]

YOU KNOW, WE HAVE THESE PHASE TWO PROJECTS THAT WE DON'T EVEN KNOW WHAT THE COSTS ARE GOING TO BE BY THE TIME WE GET TO THE NEXT BOND PROGRAM, AND THE MOST FEASIBLE THING RIGHT NOW TO DO IS TO RECREATE BUILDINGS THAT ARE PROBABLY NEEDING THE MOST WORK.

WE IDENTIFIED THREE ELEMENTARY SCHOOLS IN THIS PROCESS.

AS WE MOVE FORWARD FOR OUR DISCUSSIONS ON WHAT WE WANT TO INCLUDE IN THIS BOND ADMINISTRATION'S RECOMMENDING A FOURTH ELEMENTARY SCHOOL.

YES, IT WILL BRING UP THE AMOUNT.

WE HAVE DONE AN ANALYSIS THAT WON'T SIGNIFICANTLY IMPACT THE TOTAL TAX RATE OR THE BURDEN ON THE TAXPAYER, BECAUSE WE'RE GOING TO INCLUDE TWO MORE THINGS.

ONE, IS WE HOPE TO INCLUDE A FOURTH ELEMENTARY, WHICH WE FEEL HELPS WITH OUR VISIONING, BECAUSE NOW WE DON'T HAVE TO ADDRESS THOSE ISSUES ON WHATEVER ELEMENTARY CAMPUS OR CAMPUSES WE DECIDE TO ATTEND TO, AND WHEN I SAY CAMPUSES, PARTICULARLY IN THE GARLAND AREA, WE HAVE A LOT OF SMALL CAMPUSES THAT CAN BE CONSOLIDATED INTO A REALLY BIG STATE OF THE ART CAMPUS, AND WE WOULD NOT HAVE TO NOW FUNNEL MONEY INTO THOSE IN THE UPCOMING YEARS, AND THEN SECONDLY, WHAT IS NOT INCLUDED IN THE $1.193815M IS GOING TO BE EXACTLY WHAT MR. MILLER SAID, WHICH WOULD BE OUR NEXT DISCUSSION.

HOW ARE WE GOING TO MANAGE THIS LARGE BOND? AND WE GAVE THREE OPTIONS FOR THE BOARD TO EVALUATE AND SO WHAT WE'RE LOOKING AT IS SO WE COME TO A BIG AGGREGATE TOTAL.

WE KNOW EXACTLY HOW MUCH WE'RE FINANCING AND EXACTLY HOW WE'RE GOING TO ATTEND TO THIS.

SO THIS IS BASICALLY THE TIMELINE.

WE HAVE UNTIL FEBRUARY 17TH TO OFFICIALLY CALL A BOND, A BOND FOR FOR MAY 2023.

IF WE DO CALL THAT BOND, EARLY VOTING WILL BE HELD FROM APRIL 24TH TO MAY 2ND WITH THE FINAL ELECTION DAY OF MAY 6TH.

SO THIS IS KIND OF OUR PROJECTIONS, AND THEN WE START BUILDING BACKWARDS.

SO IF ONCE THE BOND IS CALLED, OUR PROGRESSION IS TO SCHEDULE MEETINGS FOR PLANNING PRESENT TO THE ROTARY CHAMBERS CAMPUSES, PTA TOWN HALLS, JUST BOARD, GO EVERYWHERE WE'RE GOING TO IT'S JUST GOING TO BE ENDLESS, ENDLESS, ENDLESS, ENDLESS MEETINGS. WE'RE GOING TO HAVE TO COMMUNICATE THE PLAN ON WEBSITES, UPDATES ON SOCIAL MEDIA AND NEWSPAPERS, AND THEN WE NEED TO HAVE THESE TALKING POINTS, WHICH MS. GRIFFIN TALKED ABOUT, TO EDUCATE THE BOND PROGRAM TO THE EVERYDAY CITIZEN IN A NICE, CONCISE MANNER, AND SO ALL OF THAT IS BEING DEVELOPED AS WE SPEAK, CONTINGENT ON YOUR APPROVAL, AND WITH THAT, WE'LL ANSWER ANY QUESTIONS.

MS. GRIFFIN. YES.

OKAY, WAS THE FOURTH ELEMENTARY SCHOOL DISCUSSED IN THE CITIZEN BOND? IT WAS BROUGHT UP ON THE LAST DAY AS A CONSIDERATION AND I'LL LET RICH AUBIN BECAUSE IT'S--WE'RE ON TIME SO I JUST WANT THE QUICK ANSWER.

THE QUICK ANSWER WAS IT WAS BROUGHT UP.

A LOT OF PEOPLE AFTERWARDS SAID IF WE HAD THE EXTRA MONEY BECAUSE THEY WERE TRYING TO GET IT DOWN TO ABOUT A BILLION.

SO THEY WERE TRYING TO WORK WITH A FIGURE, BUT IN THEIR MIND THEY HAD ANOTHER ADD AND THEY DIDN'T KNOW HOW TO, AND THE NUMBER ONE THING WAS THAT THEY SAID, IF WE CAN CONSOLIDATE SCHOOLS AND BE FISCALLY RESPONSIBLE, THAT WOULD BE A GREAT ACHIEVEMENT, AND FOR THOSE THAT WERE IN ATTENDANCE, THAT IS NOT AN EXAGGERATION.

THAT FOURTH ONE, WHAT WOULD THAT NUMBER BE AND WHAT NOW WOULD BE IN PROP A? WELL, I'M GOING TO USE THE NUMBERS THAT WE GOT ON OUR PROJECTIONS WITH FOR A 20.

LET'S SAY BUILDING IT IN 2025, WE'RE EXPECTING ABOUT $60 MILLION, AND THEN WHATEVER WE ADD ON TO THAT FROM OUR MANAGEMENT COMPANY [INAUDIBLE] ANOTHER 60 WITH WHAT WE HAVE ON HERE.

YES, 67.

IF WE WERE TO USE THE STAFF AUGMENTATION MODEL, WHICH WE HAVEN'T DISCUSSED YET, BUT IT WOULD BE APPROXIMATE 77 MILLION.

THAT WOULD BE ADDED ON TO THE 1.19 BILLION.

NO, 81? NO, IT'S 85.7.

SO, IF I'M UNDERSTANDING CORRECTLY.

SO THAT 77 MILLION IS THAT FOURTH ELEMENTARY PLUS THE ADDITIONAL COST OF THE STAFF AUGMENTATION. 85.7.

85 WHEN YOU FACTOR THAT, BUT THAT'S WHAT IT WOULD BE ADDED TO THE FIGURE THAT WE HAVE IN OUR SHEET.

DR. LOPEZ, ONE OTHER QUESTION I WANT TO ASK YOU, TOO.

YOU AND YOUR STAFF, HAVE YOU ALL DISCUSSED ALSO ABOUT WHAT TYPE OF CONTINGENCY THAT WE WANT TO PERCENTAGE THAT WE'RE GOING TO USE THIS YEAR? BECAUSE IN THE 2014 WE DID 3% AND AT FIRST AND THEN DIDN'T REALIZE IT UNTIL WE HAD THE

[01:40:03]

SO, HOPEFULLY GOING TO BE 7 TO 10%, I THINK, NORMALLY 10% IS NORMALLY FOR THE CONTINGENCY CONTINGENCY FUND OF THE TOTAL BOND OF THE TOTAL BOND PROJECTS.

SO WE SHOT IT REALLY LOW.

RIGHT, BUT WHAT'S THE PERCENTAGE.

CANCER CONTINGENCY, BUT STILL, THERE'S A THERE'S A TOTAL OF THE PROJECT CONTINGENCY.

SO. SO YEAH.

SO WHAT HE'S LOOKING AT IS, OKAY, SO THE WAY THE PROJECT CONTINGENCY WORKS IN, IN MANAGEMENT AND THIS IS WHY I HAD TO TURN AROUND AND ASK IT DEPENDS ON THE PROJECT.

SO YOU'RE GOING TO HAVE A BIGGER CONTINGENCY FOR, LET'S SAY, NEW BUILDS BECAUSE YOU DON'T KNOW WHAT'S GOING TO HAPPEN. THEN IF YOU'RE GOING TO REDO, LET'S SAY, AN AIR SYSTEM.

SO YOU MIGHT HAVE A 3% CONTINGENCY ON YOUR HVAC WHERE YOU HAVE A 7 TO 10% CONTINGENCY ON AN ADDITION, OR PARTICULARLY AN ADDITION, BECAUSE YOU DON'T KNOW WHAT'S GOING TO HAPPEN AND HOW IT'S GOING TO CONNECT AND EVERYTHING ELSE.

SO IT WILL VARY, BUT I CAN GET THAT TO YOU OR HERE FOR A LITTLE BIT.

SO I CAN I CAN SEE EXACTLY WHERE THAT STANDS.

ONE OTHER THING THAT I'M CURIOUS ABOUT, I KNOW THAT THE SCHOOL DISTRICT OWNS QUITE A BIT OF PROPERTY. ARE WE GOING TO BE USING ANY OF THAT OTHER PROPERTY FOR SOME OF THESE NEW PROJECTS, OR ARE WE GOING TO BE BUILDING ON EXISTING PROPERTY.

IN OTHER WORDS, WE'RE NOT GOING TO BE IN THIS BOND HAVING TO GO OUT AND TRY TO FIND PURCHASE LAND SOMEWHERE FOR US TO DO THOSE FACILITIES.

THE ANSWER IS IS A LITTLE BIT OF EVERYTHING, RIGHT? SO THINK OF THE VISIONING.

WE DO HAVE A LOT OF LAND, BUT THE LAND ISN'T OPTIMAL FOR EVERYTHING WE WANT THE LAND FOR, RIGHT? SO AND THEN THERE'S OTHER RESTRICTIONS.

ONE OF THE RESTRICTIONS YOU WOULD LOOK AT IS WHERE IS IT LOCATED AND WHAT ARE THE SURROUNDINGS GOING TO BENEFIT? SO YOU CAN'T JUST PUT A TRANSPORTATION CENTER IN THE MIDDLE OF ANYWHERE, RIGHT.

YOU KNOW, AND SO ONE OF THE THINGS THAT WE HAVE TO DO AND WE HAVE TO DO OUR VISIONING PART OF OUR VISIONING IS AND JUST FOR CLARITY IS WHEN WE'RE LOOKING AT CONSOLIDATIONS, WE'RE GOING TO BE LOOKING AT ONE SCHOOL MOVING INTO ANOTHER.

THE ONE THAT MOVED IS GOING TO GET REBUILT.

RIGHT, AND THEN THE ONE THAT LEFT, WE HAVE TO GET WITH THE CITY TO REIMAGINE WHAT THAT SPACE IS GOING TO LOOK LIKE IN THE MEANTIME, IT COULD BE A PARK AREA.

IT COULD BE A LOT OF THE THINGS.

SO THAT'S WHY IT'S A LITTLE BIT OF BOTH.

THEN THERE COULD BE ANOTHER VISIONING, RIGHT? WE MAY HAVE TO EXPAND BUY LAND TO BUILD THE PROJECT CORRECTLY.

SO WE MAY HAVE TO LOOK INTO WHATEVER VACANT LAND IS SURROUNDING AND CONNECTED TO THE LAND THAT WE HAVE TO BUY IT.

SO THEN THAT WAY WE COULD DO IT CORRECTLY, AND THEN FINALLY, THERE MIGHT BE SOME LAND THAT WE JUST TALK ABOUT AND SAY, HEY, THIS LAND IS PROBABLY BETTER SOLD TO AN INDUSTRY.

SO WE CAN INCREASE OUR TAX BASE AND GET SOME TYPE OF RETURN ON INVESTMENT ON IT RATHER THAN IT JUST WAITING FOR A PROJECT.

WELL, I WAS WONDERING IF WE'VE HAD ANY COMMUNICATION WITH ANY OUR CITY TRI-CITIES, WITH SOME OF THE PROPERTY THAT THEY OWN AND WHAT WE MIGHT WANT AS ONE OF OUR SITES FOR LAND SWAP TYPE SITUATIONS OR WHATEVER THE CASE MAY BE PRIOR TO THE BOND PROGRAM.

THERE ARE SOME IDEAS THAT WE HAVE FOR LAND SWAPS.

SOME MUNICIPALITIES HAVE MORE LEVERAGE THAN OTHERS.

WE UNDERSTAND THAT, BUT THE OTHER PART TO IT IS THE BOARD APPROVED US TO HAVE BROKERS, AND THAT'S PART OF THE REASON WHY WE GOT BROKERS IS THE WAY WE CAN GO OUT AND START LOOKING AT SOME TYPE OF ACQUISITION, THAT WAY, WHATEVER PROJECTS COME UP, IT MIGHT NOT BE THE PROJECT IN THE 2023 BOND.

IT MIGHT BE A 2027 BOND THAT WE'RE JUST SAYING 2027 SOUNDS GOOD.

2028'S AN ELECTION YEAR AND WE DON'T KNOW IF WE'RE GOING TO BE ABLE TO HAVE MAY BONDS IN 2028 WITH ALL THE LEGISLATION.

RIGHT, BUT I'M JUST SAYING.

SO THAT'S WHY THIS IS VERY DIFFERENT.

WE'RE GOING TO BE BUILDING RIGHT NOW, AND THEN WITHIN THE NEXT FEW YEARS, WE'RE ALREADY SETTING UP FOR THE NEXT BOND THAT IS COMING OUT BECAUSE NOW WE KNOW WHAT OUR TRUE VISION IS, AND SO TO ANSWER YOUR QUESTION AGAIN, YES, WE'RE GOING TO HAVE TO BUY LAND.

YES, WE'RE GOING TO HAVE TO BUILD ON OUR LAND, AND YES, WE MAY HAVE TO SELL OR SWAP LAND. OKAY, YEAH.

THANK YOU.

MR. SELLERS, WE HEARD EARLIER THAT THE ESTIMATED COST OF THE ELEMENTARY SCHOOL IS GOING TO BE ABOUT 64 MILLION.

WITH THE REPLACEMENTS, ARE WE ANTICIPATING A SIMILAR FOOTPRINT FOR EACH CAMPUS?

[01:45:01]

WHAT OTHER FACTORS ARE GOING TO INCREASE OR CHANGE THAT NUMBER? SO, YOU KNOW, I REALLY LOVE THAT QUESTION BECAUSE WE'VE REALLY DISCUSSED THAT AND WHAT HAS HAPPENED IN GARLAND, AND YOU COULD SAY IT'S WORKED FOR US, BUT AT THIS POINT, IT REALLY HASN'T.

WHAT WE'VE DONE IS TO SAVE MONEY.

YOU HAVE THE SAME ARCHITECT BUILT THE SAME BUILDING ALL OVER THE PLACE, RIGHT? WELL, NOW WE'RE IN A CONUNDRUM BECAUSE WE HAVE LIKE 20 BUILDINGS THAT ARE BUILT THE SAME WAY WITH TILT CONSTRUCTION, AND WE CAN'T REPLACE THEM ALL IN ONE SWIPE.

SO THAT'S THE FIRST THING.

THE SECOND THING IS YOU BROUGHT UP A VERY UNIQUE THING.

OUR PROGRAMING IS VERY DIFFERENT ACCORDING TO THE SCHOOLS, AND THEN THE LAST THING IS THE SCHOOL FOOTPRINT, WHICH I CALL THE LAND AREA.

SO IN OUR DISCUSSIONS, IT IS MY RECOMMENDATION THAT WE ALLOW THE STAFFS TO BE PART OF THE PLANNING PROCESS AND THE REIMAGINING OF EVERY CAMPUS, WHICH MEANS YOU MIGHT HAVE FOUR DIFFERENT ARCHITECT FIRMS IF YOU HAVE FOUR DIFFERENT ELEMENTARIES, TO REALLY ENVISION AND HAVE OWNERSHIP OF THAT AND CREATE SOMETHING UNIQUE, BECAUSE IF I LOOK AT SOME OF THE LAND THAT WE HAVE, A LOT OF IT DOESN'T TRANSFER, YOU KNOW, THE SIDE STREETS THE SIZE OF THE LAND, SOME IS NARROW, SOME IS DEEP.

YOU KNOW, AND I REALLY FEEL THAT IF WE GET THAT OWNERSHIP OF THE STAFF TO REALLY BUY INTO IT, IT BECOMES THEIR PROJECT, NOT JUST BECAUSE THIS IS AN OUR BOND I MEAN, JUST OUR LIKE US EIGHT. IT'S OUR COMMUNITY'S BOND AND IT'S A GREAT BUY IN TO GET THEM PART OF IT.

SO I ENVISION SOME SIMILARITIES, RIGHT, BECAUSE YOU'RE GOING TO HAVE SOME CONSTRAINTS. WE DON'T WANT SMALL CAFETERIAS, RIGHT? WE DON'T WANT TO HAVE CAFETORIUMS, RIGHT? WE DON'T WANT CAFETORIUMS. THERE ARE GOING TO BE SOME NON-NEGOTIABLES, BUT THE DESIGN AND INFRASTRUCTURE AND HOW THAT COMES OUT, I ENVISION IF WE GIVE UP TO FOUR ELEMENTARY SCHOOLS, THAT IT COULD LOOK AT FOUR VERY UNIQUE CONCEPTS, AND I'M TOTALLY FINE WITH THAT, AND I LIKE THE IDEA OF THEM PARTICIPATING AND HAVE FEEDBACK.

I GUESS MY QUESTION WAS, IF YOU'RE GIVEN A $64 MILLION BASE COST FOR AN ELEMENTARY AND IT'S NOT GOING TO BE THE SAME, LIKE HOW DO YOU KNOW WHAT THE OVERAGE IS GOING TO BE? IS IT GOING TO BE 68 MILLION? WOULD IT BE 70 MILLION? LIKE, I DON'T HAVE A PERSPECTIVE OF WHAT THAT LOOKS LIKE AS YOU START TO ADD THOSE THINGS.

YEAH, SO WE STARTED GOING AHEAD AND LOOKING AT THAT'S WHY THIS IF WE ADD A FOURTH, THAT'S WHY WE SAID WE'RE GOING FOR 67 MILLION BECAUSE WE'D PROBABLY START THAT PROCESS IN 2025. SO 67 MILLION PER CAMPUS? ABOUT 60. YES. I MEAN, BASED ON WHAT I'VE SEEN THROUGHOUT THIS PROCESS, I THINK THAT THEY'RE GIVING YOU THE CADILLAC NUMBER ALREADY.

I WOULD SUSPECT THAT EVEN IN 2025, IT'S GOING TO COME IN LESS THAN THAT.

THAT'S FOR AN 800 ENROLLMENT CAMPUS.

750.

SO STILL BIGGER PROBABLY THAN ALL BUT TWO OF OUR CAMPUSES NOW.

SO 67 IS A MAX.

JUST WANT TO MAKE SURE.

THAT'S WHAT I'M HEARING. YEAH, IT'S ABOUT THE MAX THAT WE WANT TO GO AND IT GOES INTO WHAT JOHNNY SAYS UNLESS THERE'S CONTINGENCY AND THEN WE HAVE SOME EXTRA MONEY TO PUT IN, YOU KNOW.

YOU CAN NEVER GUARANTEE ANYTHING OBVIOUSLY, BUT I THINK WHAT THEY'RE, WHAT THAT THE NUMBER IS FOR A SCHOOL THAT GENERALLY IS GOING TO ENVISION THE BIGGEST THING THAT WE'RE PLANNING ON BUILDING AND THERE'S A CHANCE WITH THESE UNIQUE SCHOOLS THAT WE'RE TALKING ABOUT, I THINK THERE'S A REALLY GOOD CHANCE AT LEAST ONE OF THOSE IS GOING TO BE PROBABLY LESS AND IT WOULD PROBABLY COME IN UNDER THAT.

THAT WOULD BE MY SUSPICION.

MS. GRIFFIN? DR. LOPEZ, YOU KEEP TALKING ABOUT VISIONING.

IS THAT YOU AND YOUR TEAM, OR IS THAT YOU, YOUR TEAM AND US? IS IT YOU ALL HAVE ALREADY VISIONED? BECAUSE I'M JUST ASKING.

WELL, YOU KNOW, THAT'S A VERY GOOD QUESTION.

SO I USED VISIONING IN TWO DIFFERENT ASPECTS, RIGHT NOW.

PART OF IT IS THE LONG TERM VISIONING OF HOW WE WANT TO UTILIZE OUR LAND OUR CONCEPTS FOR OUR SCHOOL DISTRICT.

WE HAVE SUGGESTIONS WE WANT YOU TO OVERVIEW, BUT WE AREN'T DETERMINING THAT THAT WOULD BE BOARD DECISIONS, PERIOD.

WE HAVE VISIONING ON HOW SCHOOLS ARE BUILT.

WE STARTED THE VISIONING PROCESS IN 2018 WHENEVER WE BROUGHT IN, WHAT'S THE NAME? NOT LEAP FORWARD. IT'S ENGAGE2LEARN.

THANK YOU. ENGAGE2LEARN, AND THEY WENT AHEAD AND THEY CREATED WITH THE 21ST CENTURY CONCEPTS LOOK LIKE PROBABLY THE BEST VISIONING I'VE EVER SEEN BECAUSE THAT HAPPENED PRE-PANDEMIC AND WHATEVER THEY PUT DOWN APPLIES TODAY.

[01:50:03]

THE BOARD AND THE BOARD GOES AHEAD AND SEES IT, AND I DON'T KNOW IF YOU WANT TO DO FORMAL APPROVAL, AND SO THOSE ARE THEIR CONSTRAINTS, YOU KNOW, AND SO ONCE THEY HAVE THEIR CONSTRAINTS, THEN THEY HELP DEVELOP THE PROJECT AND THEN THE ARCHITECT COMES FOR APPROVAL. MR. AUBIN, I HATE TO BRING YOU BACK UP AGAIN, BUT THE ADMINISTRATION IS SPECIFICALLY MADE A RECOMMENDATION FOR A FOURTH ELEMENTARY SCHOOL.

WITH RESPECT TO THE ALREADY EXISTING FINDINGS OF THE BOND STUDY COMMITTEE.

THERE'S BEEN SOME QUESTIONS THAT HAVE BEEN LEVIED TO DR.

LOPEZ ABOUT WHETHER OR NOT THIS IS SOMETHING THE BOND STUDY COMMITTEE CONSIDERED, AND I JUST WANT TO GET YOUR THOUGHTS AS CO-CHAIR OF THE BOND STUDY COMMITTEE WITH RESPECT TO WHETHER OR NOT YOU FEEL THE FOURTH ELEMENTARY IS SOMETHING THAT ALIGNS WITH THE INTENTION OF THE BOND STUDY COMMITTEE, BECAUSE WE I KNOW I PERSONALLY WANT TO APPROVE WHAT YOU GUYS VISIONED AND WHAT YOU GUYS ARE ASKING US FOR.

SURE. THANK YOU. THANK YOU, MR. PRESIDENT. THE WAY I WOULD CHARACTERIZE IT THIS: WE WERE VERY MINDFUL OF THE TOTAL NUMBER THAT WE WERE PROVIDING TO THE BOARD AND HAD SOMEONE SAID TO US, YOU KNOW, INSTEAD OF 1.2, GO AHEAD AND MAKE THAT 1.3.

I THINK A FOURTH ELEMENTARY PROBABLY WOULD HAVE BEEN AT THE VERY TOP OF THE LIST.

WE'RE AT THE POINT WHERE WE'RE VERY MUCH IN FAVOR OF MAKING WHAT I WOULD CALL SOME SMART FINANCIAL DECISIONS ON THINGS LIKE THAT.

WE KNOW THAT WE NEED TO REPLACE A LOT OF THESE FACILITIES.

ONE OF THE THINGS THAT CAME UP IN THE LAST MEETING WAS THAT AND I THINK I MENTIONED THIS A COUPLE OF WEEKS AGO, WE'RE LOOKING AT DO WE DO THESE IMPROVEMENTS TO THE SCHOOLS, PARTICULARLY THE ELEMENTARY? DO WE DO THESE SECURITY IMPROVEMENTS? AND THEN YOU START LOOKING AT THE CONDITION OF SOME OF THE SCHOOLS AND IT'S LIKE, WELL, WHY DO YOU PUT $9 MILLION INTO A SCHOOL THAT'S RANKED, YOU KNOW, CONDITION WISE NINE ON A SCALE OF 100 OR NEGATIVE FOUR ON A SCALE OF 100, AND SO THERE WAS TOWARDS THAT END VERY MUCH A PUSH TOWARDS, YEAH, LET'S FIND A WAY TO ADD A THIRD--WE WERE THEN TALKING ABOUT A THIRD ELEMENTARY, WITH THE IDEA BEING THAT THERE WOULD BE COST REDUCTIONS BECAUSE IT WOULD BE A BUNCH OF THINGS THAT YOU WOULDN'T HAVE TO DO.

SO IS IT REALLY COSTING YOU 52 OR 62 OR 67 MILLION? NO, IT'S REALLY NOT BECAUSE THERE'S 9 OR 10 MILLION THAT YOU'RE NOT GOING TO PUT INTO REALLY INTO TWO DIFFERENT FACILITIES.

YOU HAVE TWO SCHOOLS BECAUSE YOU'RE A LOT OF THESE YOU'RE TALKING CONSOLIDATIONS, YOU'RE GETTING A TWO FOR ONE BENEFIT, AND THEN YOU'RE ALSO GETTING THE LONG TERM AND I THINK THIS IS KIND OF UNDERRATED, THE LONG TERM O&M BENEFIT, IT'S SIMPLY, YOU KNOW, THE FEWER FACILITIES THAT YOU'RE OPERATING, I MEAN, THE COST OF SOME OF THESE SCHOOLS, IF YOU ONLY HAVE 250 KIDS IN AN ELEMENTARY SCHOOL AND YOU'RE OPERATING MULTIPLES OF THOSE, HOW DOES THAT IMPACT YOUR OVERALL O&M? AND SO I THINK IT GIVES THE BOARD AN OPPORTUNITY TO ALSO KIND OF GIVE A LITTLE HIT TO THE O&M, AND THAT'S ALWAYS IT'S ALWAYS I MEAN, WE'RE ALWAYS EVERYBODY'S ALWAYS LOOKING FOR THAT MONEY. SO THERE WAS A STRONG PUSH TO SAY, YES, IF YOU CAN FIND A WAY TO DO A THIRD ELEMENTARY, DO IT.

IF THEY HAD SAID FIND A WAY TO DO A FOURTH ELEMENTARY, I HAVE NO DOUBT ABOUT IT, OR TO DO A MIDDLE SCHOOL OR DO A HIGH SCHOOL, BECAUSE IN THE LONG TERM AND WE TALKED ABOUT THIS A FEW WEEKS AGO, WE'VE GOT TO START REPLACING SOME OF THESE FACILITIES.

IT JUST DOESN'T MAKE SENSE TO TO CONTINUE TO POUR MONEY INTO SOME OF THEM.

SO IF SOMEBODY HAD SAID TO US, YES, THERE'S ROOM TO GO TO A FOURTH, CAN YOU FIND A WAY OR WOULD THE BOARD SUPPORT IT? I THINK YOU DEFINITELY HAVE THE SUPPORT OF THE OF THE CITIZEN BOND COMMITTEE ON THAT.

I THINK A FOURTH ELEMENTARY, IF YOU ALL CAN DO IT AND THE BOARD FEELS COMFORTABLE WITH THAT, I WOULD CERTAINLY HAVE ABSOLUTELY NO PROBLEM GOING IN FRONT OF PEOPLE TO SELL THAT AND TO SELL THAT KIND OF THIS IS A PROCESS WE'RE REPLACING FOUR ELEMENTARIES, AND WE'LL BE BACK. YOU KNOW, AS DR.

LOPEZ MENTIONED EARLIER, AS I MENTIONED A FEW WEEKS AGO, WE HAVE TO START LOOKING AT THIS AS A MULTI BOND PROCESS.

WE HAVE A LOT OF NEEDS, AND, YOU KNOW, WE'RE AT A TIME WHERE A LOT OF OUR FACILITIES ARE JUST AGING OUT.

SO JUST TO KIND OF RECAP.

SURE. AS CHAIR OF THE CITIZEN'S BOND COMMITTEE, YOU BELIEVE THE ADMINISTRATION'S RECOMMENDATION FOR A FOURTH ELEMENTARY IS CONSISTENT WITH THE INTENT AND VISION OF THE CITIZEN'S BOND COMMITTEE? YES, I DO. THANK YOU.

[01:55:02]

MR. GLICK. THANK YOU, SIR.

DR. LOPEZ, A COUPLE OF CONCERNS.

I THINK EVERYTHING I'VE HEARD, I UNDERSTOOD AND EXPECTED TWO THINGS.

ONE, I WAS KIND OF SURPRISED YOU'RE TALKING ABOUT LAND PURCHASES.

I DON'T REMEMBER THAT WAS EVER DISCUSSED BEFORE, AND I KNOW WE DO HAVE SIGNIFICANT OTHER PROPERTIES, AS WAS REFERRED TO EARLIER LAND PURCHASE IS GOING TO BE VERY, VERY EXPENSIVE. I KNOW IT'S IN HERE.

THE LANGUAGE IS ALREADY IN THE BOND LANGUAGE.

IT'S UNDER PROPOSITION A.

SO ARE WE THINKING OF SIGNIFICANT LAND PURCHASES? BECAUSE THAT COULD REALLY CHANGE THE DYNAMICS.

THAT'S A GOOD QUESTION, MR. GLICK. ACTUALLY, YOU AND I HAVE HAD THAT CONVERSATION ABOUT LAND PURCHASES, IF YOU REMEMBER RIGHT, AND IT BECAME A VERY INTERESTING TOPIC ABOUT THE LIMITATIONS OF THE SCOPE OF WORK WE COULD DO, BECAUSE WE ALWAYS HAVE TO REMEMBER A LOT OF THE VISIONING PLANNING THAT WAS DEVELOPED WAS IS GENERATIONAL.

SO AT ONE TIME YOU WANTED A NEIGHBORHOOD SCHOOL AND YOU DIDN'T NEED A BIG GRAND SCHOOL BECAUSE YOU'RE GOING TO BUILD ANOTHER SCHOOL TWO BLOCKS DOWN THE ROAD, RIGHT? AND YOU WANTED PEOPLE TO RIDE THEIR BIKES AND WALK DOWN THERE AND SMALL CAFETERIAS, VERY EFFICIENT BUILDINGS, AND SO YOU NEEDED FIVE ACRES, RIGHT? AND THEN NOW YOU HAVE ALL THESE SCHOOLS THAT ARE LITERALLY THREE MINUTE DRIVES FROM EACH OTHER, SOME LESS THAN THAT, AND SO TO BUILD A BIG SCHOOL IN CERTAIN AREAS MIGHT NOT WORK IN AND I'M NOT TALKING ABOUT THESE ELEMENTARY SCHOOLS WE'RE TALKING ABOUT WE FEEL THAT EVERY PLACE THAT WE HAVE AN IDEA FOR, WE CAN WORK OUT, BUT WHEN WE TALK ABOUT VISIONING FOR THE NEXT YEARS TO COME, WE HAD A PRIOR BOARD BEFORE, WAY BEFORE US THAT HAD A LOT OF VISIONING. THEY BOUGHT A LOT OF L AND THEY SAID, HEY, WE VISION THIS FOR THIS AND THIS, AND IT DOESN'T MEAN IT CAME INTO FRUITION, BUT IT GAVE US OPTIONS.

IT'D ALLOW US TO HAVE LAND TO BUILD A NATATORIUM AND ACTUALLY MULTIPLE OPTIONS FOR A NATATORIUM. IT GAVE US LAND TO BUILD THIS GRCTC.

IT GAVE US LAND THAT THAT COULD HELP, AND SO WHAT WE NEED TO DO IS UNDERSTAND NOW WITH CLARITY AND PURPOSE, I'M USING LINDA GRIFFIN'S TERMINOLOGY HERE, WHAT OUR VISIONING IS, AND THEN STRATEGICALLY LOOKING AT LAND POINTS ON WHERE WE WANT TO BUILD.

THIS ISN'T TODAY.

THIS ISN'T LIKE WE'RE GOING TO TURN AROUND AND COME BACK AND SAY IN THE NEXT BOARD MEETING, WE'RE BUYING 50 ACRES, BUT WHAT I'M SAYING IS THAT IT ALLOWS US TO NOW STRATEGICALLY DO IT BECAUSE IN OUR TRI-CITY AREA, THE THING THAT THERE'S THE LEAST AMOUNT OF NOW IS LAND, AND SO WE'VE GOT TO BE VERY STRATEGIC.

SO WE'RE NOT TRYING TO SAY THAT WE'RE GOING TO AGGRESSIVELY NOW BUY ALL THIS LAND.

WHAT WE'RE TRYING TO SAY IS, AS WE MEET WITH THE BOARD, THERE MIGHT HAVE TO HAVE THOSE THINGS DONE AND WE HAVE TO HAVE THE MEANS TO DO IT, AND IN OUR CONVERSATIONS ABOUT LAND PURCHASES, IT WAS REALLY FOR THE FUTURE, NOT NECESSARILY WHAT WE'VE TALKED ABOUT TODAY. RIGHT.

SO ARE YOU ASSUMING SOME OF THOSE DOLLARS POTENTIALLY WHICH ARE LEGALLY CAN WILL COME OUT OF PROP A? IS THAT WHAT YOU'RE ASSUMING? NO, I'M NOT MAKING ANY ASSUMPTIONS.

I'M NOT SAYING I'M NOT SAYING THEY'RE GOING TO COME OUT OF PROP A.

I'M NOT SAYING THEY'RE COMING OUT OF.

THAT'S FOR THE BOARD TO DECIDE.

WHAT I'M SAYING IS WE'RE GOING TO HAVE TO START EXPLORING THAT WITH VISION AND PURPOSE.

SO THEN WHEN THE TIME COMES FOR THE NEXT BOND OR FUTURE BONDS, WHOEVER THE BOARD IS AT THAT TIME WILL BE SET.

THEY'LL BE LIKE, WOW, THEY REALLY LATE THIS OUT FOR US, AND THE COMMUNITY WILL, I THINK, APPRECIATE IT. MY SECOND QUESTION, WHEN WE DID THE 2014 BOND, WE PUT OVER $70 MILLION INTO SAFETY, AND I THINK WE WERE AHEAD OF JUST ABOUT EVERY OTHER SCHOOL DISTRICT IN THE STATE. I THINK THAT'S BEEN PROVEN.

THAT'S TRUE. WE'VE DONE OTHER THINGS SINCE THEN.

WE'VE INCREASED OUR SROS.

WHAT IT LOOKS LIKE TO ME AND I'VE BEEN TRYING TO RESEARCH IT IS SPECIFICALLY WE HAVE THE FILM AT EVERY SCHOOL.

IS THERE ANY OTHER ITEMS THAT ARE KIND OF TUCKED IN? BECAUSE WE TOOK OUT THE DOOR HARDWARE? I SAW THAT THAT'S NOT IN HERE ANYMORE.

IS THERE ANY OTHER SAFETY ITEMS THAT ARE KIND OF INDICATED BY AND IN EACH SCHOOL THAT WE'RE PLANNING? YOU KNOW, THAT'S A REALLY GOOD QUESTION, BECAUSE WHAT THE VISIONING OF THE 2014 BOND DID WAS PUT GARLAND ABOUT, I WOULD SAY, TEN YEARS AHEAD OF EVERYBODY ELSE.

EVERYBODY'S NOW LIKE HAVING TO DO THE SAFETY DOOR LOCKS, EVERYBODY'S HAVING TO DO THE HANDLES. WE HAD THE DOOR HARDWARE THERE, BUT THEN NOW THEY'RE SWITCHING GEARS ON WHICH HARDWARE THEY WANT. SO IF THEY AND OURS MEETS THE CURRENT CODES TECHNICALLY, SO IT'S

[02:00:05]

ALL RIGHT, GETTING RID OF THE PORTABLES AT EVERY CAMPUS IS I MEAN, EVERY ELEMENTARY CAMPUS IS HUGE.

NOT HAVING KIDS EXPOSED AND OUT THERE, THAT TO ME IS PROBABLY THE BIGGEST DRIVER THAT IS GOING TO DRIVE. NOW OTHER DISTRICTS TO DO THE SAME THING.

BECAUSE ONCE WE ANNOUNCE IN OUR BOND THAT WE'RE GOING TO GET RID OF ELEMENTARY PORTABLES FOR THE SAFETY AND SECURITY OF OUR KIDS, EVERYBODY IN OUR SURROUNDING AREA IS GOING TO SAY THAT'S SAFETY.

YOU'RE NOT YOU'RE NOT PUTTING THEM OUT THERE , AND THE REASON WHY WE'RE NOT DOING IT AT THE SECONDARY LEVEL IS BECAUSE WE KNOW WE'RE GOING TO HAVE TO REBUILD THOSE CAMPUSES, AND BUILDING WINGS THAT ARE ONLY GOING TO BE TEMPORARY ISN'T A GOOD FINANCIAL USE OF MONEY , BUT LET'S START WITH THE LITTLE ONES.

THE SECOND THING IS A LOT OF PEOPLE CONSIDER THE MULTIPURPOSE CENTER THAT WE HAVE THERE AS A PART OF THE SAFETY AND SECURITY.

WHENEVER YOU'RE OUT IN THE ELEMENTS AND YOU COME IN, THAT'S ONE TYPE OF SAFETY AND SECURITY, BUT THINK OF ALL THE LOCKDOWNS THAT WE HAVE BECAUSE OF THE POLICE ACTIVITY THAT ARE GOING IN AND THEY CAN GO INTO A SAFE AND SECURE ENVIRONMENT AND STILL MAINTAIN THEIR THEIR PRACTICE SCHEDULE.

PEOPLE ARE EXCITED ABOUT THAT SAFETY AND SECURITY.

YOU KNOW, I KNOW WE THINK ABOUT HARDENING AND THESE NEW CONCEPTS.

MR. JOHNSON KIND OF ALLUDED TO THE TORNADO SHELTERS.

THAT IS SAFETY AND SECURITY.

IT'S NOT JUST THE BROAD SPECTRUM.

I KNOW WE WANT TO THINK ABOUT THE BROAD SPECTRUM OF THE WORST CASE SCENARIO, WHICH I FEEL WE DON'T WISH THAT ON ANYBODY BUT THE ELEMENTS AND MAKING SURE THAT KIDS ARE SAFE AND VULNERABLE TIMES HAVING MORE NOW SCHOOLS NOW WITH THESE TORNADO SHELTERS, I ENVISION PARENTS COMING TOGETHER AND SAYING, I WANT TO GO TO THIS SCHOOL BECAUSE IT HAS A TORNADO SHELTER AND TRANSFERRING TO THESE INNER AREA GARLAND SCHOOLS, BECAUSE THAT'S THE ONE THING WE CAN'T PREDICT. WE CAN'T PREDICT WHEN IT'S COMING AND WHERE IT'S GOING TO HIT, AND SO THOSE ARE SOME OF THE HIDDEN THINGS, OTHER THINGS THAT COME TO MIND.

I KNOW WE HAVE THE PERIMETER FENCING.

I WILL TELL YOU AS AN ADMINISTRATOR, I WILL TELL YOU, IF YOU DID THAT AT MY CAMPUS, I WOULD BE JUMPING UP AND DOWN.

I WOULD JUST BE I WOULD BE LIKE, THANK GOODNESS, YOU KNOW, EVERY LITTLE BIT HELPS, AND SO THOSE ARE SOME OF THE OTHER FACTORS THAT PEOPLE AREN'T GOING TO SEE.

YOU SEE 7%.

SO IT'S ABOUT, I WOULD SAY, ABOUT 70 MILLION AGAIN, THAT WE'RE PUTTING IN.

IT'S A BIGGER BOND PACKAGE.

SO IT DOES ENCOMPASS 7%, BUT WHEN I LOOK AT OTHER BOND PACKAGES, I WOULD TELL YOU I SAW A $500 MILLION BOND PACKAGE IN THE DISTRICT ONE TIME AND ONLY 5 MILLION WAS FOR SAFETY AND SECURITY.

SO IT REMAINS A PRIORITY, BUT WE'VE CAUGHT UP AND EXCEEDED A LOT OF WHAT OTHER PEOPLE HAVE DONE. SO I THINK WHEN WE GO ASSUMING WE APPROVE THIS, WHEN WE GO OUT TO TALK ABOUT THIS, ONE OF THE THINGS WE NEED TO TALK ABOUT IS THAT SAFETY COMPONENT.

YES, SIR. I THINK IT'S A MAJOR COMPONENT, AS YOU'VE TALKED ABOUT ALL THOSE CRITERIA.

THE OTHER THING, OF COURSE, THAT'S HAPPENING IS WE'RE WORKING ON A GRANT FOR SAFETY, AND I THINK DR. RINGO'S BELIEF, MAYBE MY BELIEF THAT THEY'RE GOING TO INCREASE THE ALLOTMENT FOR SAFETY AT THE LEGISLATURE.

I KNOW THEY'VE TALKED ABOUT IT, SO WE'LL BE GETTING OTHER SAFETY DOLLARS, BUT I THINK THAT'S AN IMPORTANT COMPONENT BECAUSE IT WAS AN IMPORTANT COMPONENT IN 2014.

I THINK IT'LL BE AN IMPORTANT COMPONENT IN 2023.

I AGREE, SIR. THANK YOU, SIR.

THANK YOU. ANY OTHER QUESTIONS? MR. MILLER, IS HE STILL ON? OKAY, DID YOU WANT TO PURSUE TO THE NEXT ONE OR DID YOU WANT TO TAKE A BREAK? NOT 100% CERTAIN IF LUNCH IS HERE.

MISS HOGAN'S NOT THERE.

I THINK SHE MIGHT BE MAKING ARRANGEMENTS FOR THAT RIGHT NOW.

IT'S ALREADY HERE. ALL RIGHT, WELL, I THINK THIS WOULD BE A GOOD TIME TO GO AHEAD AND BREAK FOR LUNCH.

IT IS 12:09 P.M.

, AND WE'RE GOING TO TAKE WHAT I'M GOING TO GO AHEAD AND CALL AT LEAST INITIALLY, A 30 MINUTE LUNCH BREAK. WE ARE IN RECESS.

IT IS 12:57.

WE'VE RETURNED FROM A LUNCH RECESS, SO WE ARE GOING TO PICK UP THE MEETING.

WE JUST FINISHED DISCUSSION ITEMS. DISCUSS BOND 2023, LONG RANGE FACILITIES, PLANNING AND RECOMMENDATIONS OF THE CITIZEN BOND STEERING COMMITTEE.

DR. LOPEZ, DO YOU THINK WE'RE PREPARED TO MOVE TO AGENDA ITEM FOUR ACTION ITEMS?

[02:05:05]

[IV.A. Discussion and Possible Action Regarding the Scope of Work for the Potential May 2023 Bond]

DR. LOPEZ. SO FOR THE POTENTIAL BOND, MAY 2023, WHAT WE ARE RECOMMENDING IS THE SCOPE OF WORK THAT WAS PRESENTED BY THE BOND STEERING COMMITTEE TO INCLUDE ALL OF PROPOSITION A, ALL OF PROPOSITION B, ALL OF PROPOSITION C, AND IN ADDITION OF A FOURTH ELEMENTARY SCHOOL TO BE DETERMINED.

BOARD, DO WE HAVE ANY QUESTIONS OF DR.

LOPEZ OR ANY OF THE OTHER INDIVIDUALS ASSEMBLED TODAY REGARDING THAT? I'LL MAKE A MOTION. I MAKE A MOTION THAT WE MOVE TO APPROVE THE SCOPE OF WORK FOR THE 2023 BOND.

THE RECOMMENDATIONS OF THE CITIZEN'S BOND STEERING COMMITTEE WITH THE ADDITION OF THE FOURTH ELEMENTARY SCHOOL AS RECOMMENDED BY ADMINISTRATION.

AS WE'VE HAD IN DISCUSSION TODAY.

SECOND.

WE HAVE A MOTION AND A SECOND FOR APPROVAL OF THE SCOPE OF WORK, AS RECOMMENDED BY THE CITIZEN'S BOND STEERING COMMITTEE WITH THE ADDITION OF A FOURTH ELEMENTARY SCHOOL AS RECOMMENDED BY THE ADMINISTRATION.

ALL THOSE IN FAVOR, PLEASE RAISE YOUR HAND.

THAT PASSES SIX ZERO.

ARE WE GOING TO TAKE JAMIE'S VOTE VIRTUALLY? HE'S NOT LOGGED ON.

THANK YOU. SO WE'RE GOING TO MOVE ON NOW TO ACTION.

[IV.B. Discussion and Possible Action Regarding Potential May 2023 Bond Management Plan]

SO NOW, IN THE SECOND PHASE, THIS WILL BE ADDED TO THE SCOPE OF WORK AS WE CREATE A MANAGEMENT PROFILE ON HOW THIS BOND WILL BE PROPERLY MANAGED THROUGHOUT ITS ENTIRETY.

THIS IS A CRITICAL POINT BECAUSE A WELL MANAGED BOND WILL NOT ONLY GET THINGS TIMELY, IT WILL HAVE VERY, VERY, VERY HIGH.

I'M GOING TO TRY TO USE THIS WORD RIGHT.

THIS TYPE OF BOND IS GOING TO HAVE ALL EYES ON IT, AND WE'VE GOT TO MAKE SURE THAT OUR PROJECTS ARE DONE IN A TIMELY MANNER, WITHIN BUDGET AND ARE DONE TO THE EXPECTATIONS OF OUR COMMUNITY. SO WITH THAT, I'M GOING TO TURN IT OVER TO JAVIER.

THANK YOU, MR. LOPEZ.

THANK YOU, DR. LOPEZ.

BOARD PRESIDENT JOHNSON, MEMBERS OF THE BOARD, DR.

LOPEZ. AS DR.

LOPEZ HAS STATED, ONE OF THE CRITICAL COMPONENTS OF A BOND PROGRAM IS THE ADMINISTRATION OF IT.

THERE ARE MULTIPLE FACETS OF THIS ON HOW TO RUN A PROGRAM.

DEPENDING ON THE SCALE OF THE PROJECTS THAT ARE ENCOMPASSED WITHIN A BOND PROGRAM, IT CAN GET VERY COMPLEX. SO THE COMPLEXITY CAN INCREASE DRAMATICALLY.

KNOWING THE NUMBER OF PROJECTS THAT YOU HAVE WITHIN A BOND AND SO WITH THAT BEING SAID, I SHARED WITH YOU THE LAST TIME WE GOT TOGETHER ON JANUARY 10TH, I SHARED WITH YOU THAT IT IS NOT NECESSARILY THE SIZE OF THE PROGRAM OR THE SIZE OF THE BOND FROM A DOLLAR PERSPECTIVE AS IT IS THE NUMBER OF PROJECTS THAT YOU HAVE.

THERE ARE MULTIPLE BOND PROGRAMS OUT THERE THAT SCHOOL DISTRICTS HAVE PASSED THAT HAVE VERY LARGE SCALE BOND PROGRAMS AND IN THOSE BOND PROGRAMS, WHAT YOU FIND IS THAT WHEN YOU START DRILLING DOWN INTO THEM, SOME OF THOSE HAVE TEN SOME OF THOSE HAVE 20 TYPES OF PROJECTS WITHIN IT.

SOME MAY BE BUILDING A NEW HIGH SCHOOL, A NEW MIDDLE SCHOOL, SOME MINOR RENOVATIONS TO A COUPLE OF SCHOOLS, AND YOU'RE DONE, AND SO THE VALUE OF THE PROJECT, THE BOND PROGRAM ITSELF, WHILE IT LOOKS VERY LARGE, THE NUMBER OF PROJECTS IS IS VERY SMALL.

IN THIS PARTICULAR CASE, WHAT WE ARE SPEAKING ABOUT AS WE GO THROUGH THE BOND PROGRAM, WE HAVE SHARED WITH YOU THE PRIORITY ONE ITEMS THAT NEED TO BE DONE, AND SO THE PRIORITY ONE ITEMS ARE ALL OF OUR FACILITIES.

SO WHEN WE LOOK AT OUR FACILITIES, WE SAY, WELL, WE HAVE 71 ACTIVE CAMPUSES.

THAT IS CAMPUSES.

THAT'S NOT FACILITIES.

WE HAVE AROUND 85 FACILITIES THAT WE HAVE TO LOOK AT.

SO IF YOU JUST DO A SIMPLE MATH, WELL, YOU'RE AT 85 PROJECTS RIGHT THERE.

[02:10:02]

DO YOU BUNDLE SOME OF THOSE TOGETHER TO GET YOUR MAXIMUM DOLLAR VALUE WHEN YOU START BUNDLING THEM AS FAR AS ARCHITECTS GO, CONTRACTORS GO, AND THEN YOU START LOOKING AT THE TYPES OF ITEMS THAT WE HAVE WITHIN THIS BOND PROGRAM.

WE'VE SHARED WITH YOU SECURITY FENCING IS ONE OF THE ITEMS. WE SHARED WITH YOU.

WINDOW FILMING AS ANOTHER ITEM.

WE'VE TALKED ABOUT THE ENHANCEMENTS IN OUR AUDITORIUMS. WE'VE TALKED ABOUT FIELD HOUSES.

SO WHEN YOU START LOOKING AT THE SCOPE OF WORK, YOU HAVE TO START TO REALIZE WHAT MAKES SENSE TO BUNDLE TOGETHER AND WHAT MAKES SENSE TO SEGREGATE OUT INTO SEPARATE PROJECTS. IN ADDITION TO THAT, YOU HAVE TO TALK ABOUT WHAT THE TERM THAT WE USE IN THE INDUSTRY, WE USE A TERM CALLED BID PACKS, AND SO THAT WAS USED PREVIOUSLY IN THE LAST BOND PROGRAM. WE HAD BID PACKAGES WHERE WE WOULD CALL BID PACKAGE, WE WOULD CALL THEM BY PHASE AND BID PACKAGE.

SO PROJECTS WOULD BE PUT OUT BY PHASE AND THEN THEY WOULD BE PUT OUT BY BID PACKAGE THAT HELPS THE INDUSTRY UNDERSTAND THE VALUE OF THE WORK THAT'S BEING DONE.

I SAY ALL THAT TO SAY THAT THE LARGER THE BOND PROGRAM, THE MORE PROJECTS YOU HAVE WITHIN IT.

THE COMPLEXITY MOVES UP RATHER DRAMATICALLY.

SO WITH THAT BEING SAID, SCHOOL DISTRICTS HAVE TO DECIDE WHERE IS THE EXPERTISE IN ORDER TO MANAGE ALL OF THIS WORK BECAUSE YOU HAVE DIFFERENT DISCIPLINES THAT ARE INVOLVED, YOU HAVE ARCHITECTURAL FIRMS, YOU HAVE ENGINEERING FIRMS, YOU HAVE THE ENGINEERING FIRMS VARY FROM MEP FIRMS, YOU HAVE ENGINEERING FIRMS THAT VARY FROM CIVIL ENGINEERS, STRUCTURAL ENGINEERS, YOU HAVE LANDSCAPE ARCHITECTS, YOU NAME IT.

YOU RUN THE GAMUT ON EVERY TYPE OF DISCIPLINE THAT WOULD BE INVOLVED WITHIN A PROJECT. SO A SCHOOL DISTRICT HAS TO ASK, DO THEY HAVE THE WHEREWITHAL WITHIN THE ORGANIZATIONAL STRUCTURE TO SUPPORT THAT? IF THEY DON'T, WHAT CAN THEY DO TO ENHANCE THAT? AND WITHIN THAT BECOMES THREE DIFFERENT MODELS, AND AGAIN, THIS IS JUST A SUMMARY OF WHAT I'VE SHARED ON THE 10TH.

WE HAVE AN IN-HOUSE MODEL.

WE HAVE A STAFF AUGMENTATION MODEL, A THIRD PARTY ADMINISTRATOR MODEL, THIRD PARTY ADMINISTRATOR MODEL IS ACTUALLY THE PROPER TERM.

A LOT OF PEOPLE USE THE TERM PROGRAM MANAGEMENT BECAUSE IT IS YOU'RE RUNNING A PROGRAM, BUT IT REALLY IS A THIRD PARTY WHO'S ACTUALLY ADMINISTERING YOUR BOND PROGRAM. SO WE WENT AHEAD AND REISSUED TO YOU.

AS WE DID LAST TIME WE GAVE YOU ORGANIZATIONAL CHARTS, AND THIS TIME WE PRINTED THEM IN COLOR TO ENHANCE THE ABILITY TO READ THESE FOR YOU, AND SO, AGAIN, MY APOLOGIES THAT THEY WERE NOT IN COLOR LAST TIME.

SO BUT WHAT WE ALSO DID THIS TIME IS WE GAVE YOU A LITTLE LEDGER AS FAR AS THE COLOR CODING, WHAT IT MEANS, AND SO YOU SEE THE BLUE COLOR CODING IS THE IS THE EXISTING THE CURRENT POSITIONS THAT WE HAVE WITHIN THE DISTRICT, THOSE ARE 199 FUNDED POSITIONS.

ANYTHING YOU SEE IN GREEN IS A POSITION THAT IS BEING PROPOSED AND THOSE ARE BOND FUNDED POSITIONS. SO THOSE ARE BEING PAID OUT OF THE FUND OF WHATEVER THE FUND 600 SERIES FUND THAT WE DETERMINE THAT THOSE ARE PAID OUT OF.

SO WE SHARED THIS WITH YOU, WHICH WE'RE LOOKING AT THE ADMINISTRATION IN HOUSE OVER A FIVE YEAR PERIOD OF 11.8.

WE THEN LOOKED AT A STAFF AUGMENTATION MODEL , AND THE REASON WE'RE LOOKING AT A STAFF AUGMENTATION MODEL, A LOT OF THIS HAS TO DO WITH THE MARKET AND WHERE THE INDUSTRY IS GOING. SO WHEN WE LOOK AT WHEN I SAY THE MARKET, THE MARKET IS BROKEN UP IN THE VARIOUS SECTORS AND THE EDUCATIONAL MARKET EXCUSE ME, THE EDUCATIONAL SECTOR, WHICH IS A SECTOR WITHIN THE MARKET, WITHIN THE EDUCATIONAL SECTOR.

INSIDE OF THAT, WE HAVE A CONSTRUCTION PORTION WITHIN THE EDUCATION SECTOR OF THE MARKET, AND SO WHILE THAT IS A VERY UNIQUE PORTION WITHIN THE EDUCATION SECTOR, THE INDIVIDUALS THAT WORK WITHIN THAT AREA, THEY TRANSCEND DIFFERENT MARKETS.

SO YOU CAN HAVE PROJECT MANAGERS THAT WERE IN THE EDUCATION SECTOR, BE IT K-12

[02:15:02]

YOU HAVE THE VARIOUS MARKETS THAT ARE OUT THERE FOR PMS. SO WHAT WE'RE BRINGING TO YOU WITHIN THIS MODEL IS LOOKING AT THE ORANGE, WHICH ARE STILL BOND FUNDED, BUT THEY'RE AUGMENTED.

THOSE WOULD BE AUGMENTED POSITIONS, STAFFING POSITIONS THAT WOULD BE PROCURED THROUGH AN ORGANIZATION, A FIRM THAT WE WOULD HIRE WHO WOULD THEN ASSIST US IN STAFFING THOSE POSITIONS. WHY WE WOULD DO THIS IS THIS IS OUR SECONDARY BACKUP IF IN FACT WE HAVE A CHALLENGE WITHIN TRYING TO RECRUIT THE INDIVIDUALS TO WORK FOR THE DISTRICT.

SO THAT'S WHAT THIS MODEL DOES FOR US, AND IN ORDER TO DO THAT, THAT'S A 17.7 MILLION ADMINISTRATION FOR A FIVE YEAR PROGRAM.

ONE QUICK QUESTION: IS THE AUGMENTATION MODEL THAT YOU HAVE THERE ON THAT SQUARE IN THE ORANGE? THAT'S AN INDIVIDUAL, RIGHT? WHICH SAYS AUGMENTATION MODEL.

NO, THE AUGMENTATION MODEL IS ACTUALLY NOT AN INDIVIDUAL.

THAT'S ACTUALLY A FIRM.

THAT WOULD BE THE FIRM THAT--WE WOULD WE WOULD ACTUALLY SEND OUT AN RFQ/RFP FOR STAFF AUGMENTATION, AND THEN WE WOULD RECEIVE RESPONSES BACK FROM A FIRM THAT WE WOULD THEN LOOK AT A STAFFING MODEL THAT WE WOULD UTILIZE FOR THAT FIRM.

SO THESE INDIVIDUALS WOULD ACTUALLY NOT THEIR I SHOULD SAY, THEIR SALARIES WOULD NOT THEIR CHECK STUBS WOULD NOT SAY GARLAND ISD.

THEY WOULD ACTUALLY SAY THE FIRM THAT THEY'RE WORKING FOR.

I MEAN, THIS IS BASICALLY THE MODEL WE HAD FOR THE LATTER PART OF WHAT JACOBS DID.

WHEN WE WERE RUNNING IT, JACOBS WOULD PROVIDE ADDITIONAL RESOURCES AND STUFF, BUT THEY DIDN'T RUN THE BONDING.

I WOULD JUST PUT IN PARENTHESES IN THAT LITTLE BOX FIRM SO THAT WE KNOW THAT THAT'S THE FIRM THAT'S GOING TO BE RUNNING THE AUGMENTATION.

YES, SIR, DULY NOTED.

THANK YOU.

MR. GLICK, YEAH, AND DO ALL THE PEOPLE IN ORANGE THEN REPORT, BASED ON WHAT I'M LOOKING TO CHART TO THE SENIOR PROJECT MANAGER.

SO THE INDIVIDUALS, THE SENIOR PROJECT MANAGER IS RESPONSIBLE.

THE WAY WE'VE BUILT THIS IS THAT WE WOULD HAVE THREE PROJECT MANAGERS REPORTING TO A SENIOR PROJECT MANAGER.

THAT SENIOR PROJECT MANAGER WOULD THEN REPORT UP TO THE DIRECTOR OF FACILITY PLANNING AND CONSTRUCTION, ALONG WITH THE SECOND SENIOR PROJECT MANAGER AND THE DESIGN MANAGER AND THE FIELD OBSERVERS.

OKAY, BUT WHEN I'M LOOKING AT THE CHART, I SEE YOU HAVE TWO SENIOR PROJECT MANAGERS.

ACTUALLY HAVE THREE THE TWO TO THEIR WHO DO THEY REPORT TO? THEY EVENTUALLY REPORT TO THE ONE SENIOR PROJECT MANAGER.

NO, SIR, THEY WOULD REPORT DIRECTLY TO THE DIRECTOR OF FACILITY PLANNING AND CONSTRUCTION.

ULTIMATELY THEIR REPORTING STRUCTURE.

LET ME CLARIFY THIS, BECAUSE THESE INDIVIDUALS, THE STAFFING AUGMENTATION MODEL, THESE INDIVIDUALS ARE ACTUALLY AT THE TO SIMPLIFY THE DISCUSSION, THEIR CONTRACTED SERVICES, AND IF THEY'RE CONTRACTED SERVICES, WE'RE HIRING A CONTRACTING AGENCY, AND THESE INDIVIDUALS ARE REPORTING TO A CONTRACTING AGENCY AND THAT AGENCY IS REPORTING BACK TO THE DISTRICT.

THEY GET THEIR ASSIGNMENTS AND THEY GET THEIR WORK FROM THE DISTRICT, BUT THEY'RE REALLY A CONTRACTING AGENCY.

THEY REPORT TO A CONTRACTING AGENCY.

I THINK THE QUESTION HE HAS, MR. FERNANDEZ, IS OKAY, THE AGENCY REPORTS THE DISTRICT.

WHO AT THE DISTRICT DO THEY REPORT TO? JAVIER FERNANDEZ. THEY REPORT TO THE DIRECTOR OF FACILITY PLANNING CONSTRUCTION.

OKAY.

IS THAT YOUR FRANK? YES, SIR, THAT'S ME.

SO THE LINE REALLY WOULD GO KIND OF THAT WAY RATHER THAN THIS WAY ? WELL, THE LINE ACTUALLY GOES TO THE LEFT OF THE AUGMENTATION MODEL.

THE LINE TO THE LEFT GOES DIRECTLY TOWARDS THE DIRECTOR OF FACILITIES PLANNING CONSTRUCTION. OKAY, I SEE WHAT YOU'RE SAYING, BUT, YEAH, AND I APOLOGIZE.

THERE'S ONLY THERE'S A LOT OF BOXES AND IT'S WE'RE LIMITED ON THE SIZE OF WHAT WE CAN ACTUALLY DISPLAY HERE WITH WE'RE TRYING TO DO TWO THINGS.

ONE, WE'RE TRYING TO GET CLARITY SO THAT YOU CAN READ IT SO THAT IT'S LEGIBLE AND THEN AND THEN AND SO IN ORDER TO DO THAT AND THEN ADDING THE NUMBER OF BOXES, IT IS A LITTLE CHALLENGE FOR US TO GET ALL THAT IN ONE PAGE ?

[02:20:01]

I'M CONCERNED BECAUSE WHAT I DON'T SEE, I SEE NO REPORTING HERE TO THE BOARD AND BECAUSE THE BOARD IS OVERSIGHT.

I MEAN, WHAT I SEE IS US IN A STRUCTURE THAT WE HAVE TODAY, BUT THE OVERSIGHT OF THE BOND IS THE BOARD.

SO WHY WOULDN'T WE TAKE THE AUGMENTATION MODEL AND ALL OF THE POSITIONS NEEDED IN ORANGE AND WE BUILD A STAND ALONE GROUP TO RUN THE BOND BECAUSE I SEE CONFUSION, AND WHO'S ON FIRST IF WE HAVE PEOPLE THAT'S WORKING FOR THE BOND AND ALSO WORKING FOR THE DISTRICT, IF WE'RE GOING TO DO THE BOND, THEN WHY ARE WE HAVING DEDICATED PEOPLE? SO I CAN SEE THE PROCUREMENT SPECIALISTS, OR MAYBE THAT WOULD GO THROUGH OUR REGULAR PROJECT DEAL, BUT FOR CLARITY OF REPORTING AND GOVERNANCE, WHY ARE WE INTERMINGLING THIS? AND I KNOW THAT THAT'S WHERE YOU ALL ARE, BUT WE COULD EASILY PULL OUT WHAT JAVIER'S POSITION IS AND SEE AN ORGANIZATIONAL CHART THAT TAKES CARE OF JUST THE BOND. GREAT QUESTION, MS. GRIFFIN. JUST A CLARIFICATION, BECAUSE WE HAVE BOXES WITH NO NAMES IN THEM.

THE EXECUTIVE DIRECTOR, OF COURSE, THAT'S MYSELF AND THE DIRECTOR OF PLANNING AND CONSTRUCTION IS JAVIER.

ONE OF THE THINGS, THE REASON WHY THE YOU SEE THE INTERMINGLING OF OUR INTERNAL STAFF AND THE AUGMENTATION STAFF IS FOR THE PROCESS OF PAYMENTS TO OUR CONTRACTORS FOR CLOSE OUT DOCUMENT PROCESSES FOR PROCUREMENT PURPOSES.

THE AUGMENTATION PIECE HAS TO INTERMINGLE WITH OUR INTERNAL FACILITIES DEPARTMENT TO PROCESS THOSE CERTAIN THINGS THAT I'VE JUST MENTIONED, THE CLERICAL SIDE, THE ADMINISTRATION SIDE OF THE DISTRICT.

ABSOLUTELY, AND MATTER OF FACT, I SENT AN EMAIL TO DR.

RINGO WHEN AS WE WERE DEVELOPING THIS AUGMENTATION SLIDE THIS WEEK, I SENT AN EMAIL TO DR. RINGO. THIS IS JUST AN OVERVIEW OF THE ORGANIZATION, BUT I ASKED DR.

RINGO FOR FLEXIBILITY.

I MAY LOOK AT JUST LOOKING AT JUST THE CONSTRUCTION SIDE, LIKE YOU STATED, THE AUGMENTATION REPORTING DIRECTLY TO JAVIER FERNANDEZ, AND THEN LOOK AT THE ADMINISTRATIVE, THE PROCESSING OF CONTRACTS, PROCUREMENT, ALL THE ADMINISTRATIVE SIDE REPORTING TO SOMEONE ELSE THAT WE HAVEN'T IDENTIFIED IN THIS ORGANIZATION, BUT IT WOULD BE AN INTERNAL STAFF MEMBER.

ONE OF THE THINGS THAT WE HAVE TO REALLY THAT BUDGET ANALYSIS PERSON AND THAT BOND ACCOUNTANT, THOSE ARE GISD FUNDED, BOND FUNDED POSITIONS THAT WILL BE VERY CRITICAL REPORTING TO THAT COORDINATOR.

THAT WOULD PROBABLY BE THE ADMINISTRATIVE SIDE OF THE HOUSE, AS YOU JUST STATED.

SO THERE COULD BE SOME MOVING AROUND OF THESE BOXES TO SAY TO BRING UP WHAT YOU'VE JUST MENTIONED TO US THIS AFTERNOON.

I'M JUST TRYING TO UNDERSTAND PRIORITY.

I'M TRYING TO UNDERSTAND LESS ROOM FOR CONFLICT AND CONFUSION FROM

[02:25:04]

WHEN THINGS COME TO US AND SAY THINGS ARE GOING GREAT, WE'LL BE FINE, BUT WHAT IF THINGS ARE NOT GOING GREAT? WE'RE GOING TO HAVE TO GO THROUGH THIS CHART TO FIGURE OUT WHERE WHERE THE PROBLEM IS OR WHERE THE CORRECTION IS, BECAUSE YOU'VE SEEN THE MODEL OF THEY REALLY PULL OUT, THEY KEEP THE INTERNAL PEOPLE JUST BECAUSE THEY KNOW THE PROCESSES AND ALL OF THE SYSTEMS, BUT THEY'RE STILL ISOLATED, THAT THEY'RE DOING BOND WORK FOR THE DURATION BASICALLY OF THE BOND. THAT'S ALL I'M TRYING TO FIGURE OUT IS TO GIVE YOU ALL A CLEANER PATH, BECAUSE THE WAY IT IS NOW IS THAT OUR BOND STUFF WILL BE GOING THROUGH ALL OF YOUR REGULAR DEPARTMENTAL DEALS OR MEETINGS OR WHATEVER OUR PLANNING WHEN THE BOARD HAS CALLED THE BOND AND IF WE'VE CALLED THE BOND AND WHEN IT PASSES, THEN WE'RE READY FOR IT TO MOVE, BUT NOT WORKING THE BOND INTO OTHER STUFF, AND JUST TO CLARIFY, ALL OF THESE POSITIONS ARE FACILITIES DEPARTMENT PROCESSES THAT WE FOLLOW, CURRENTLY.

THIS HAS NOTHING TO DO WITH MAINTENANCE.

WHAT YOU MAY BE THINKING IS THIS IS GOING TO BE, YOU KNOW, THESE OTHER BLUE BOXES THAT ARE CURRENTLY HERE IN THIS ORGANIZATIONAL CHART SHOWING THE DAY TO DAY MAINTENANCE OPERATION.

THIS HAS NOTHING TO DO WITH MAINTENANCE.

SO EVERYBODY ON THIS CHART WE'RE LOOKING AT RIGHT NOW, WILL NOT BE INVOLVED IN DAY TO DAY, NOT IN DAY TO DAY.

THIS IS ALL CONSTRUCTION.

THIS IS ALL BOND.

2023, IF VOTED ON AND PASSED, WOULD BE STRICTLY BOND RELATED, NOT MAINTENANCE AND OPERATIONS DAY TO DAY.

SO THIS IS A STANDALONE OPERATION? YES, MA'AM, BUT THEN YOU HAVE.

OKAY I LOOK AT IT A LITTLE DIFFERENTLY NOW.

THANKS. MR. GRIFFIN, I WANTED TO HIGHLIGHT JUST TO HELP MAYBE ON THE CLARITY SIDE, IN THE 2014 BOND PROGRAM IN 2018, THERE WERE NO PROJECTS THAT CLOSED OUT, AND SO AS WE DID UPDATES AT THAT TIME, WE HAD A FACILITIES COMMITTEE.

NOW IT'S COMBINED WITH FINANCE FACILITIES AND OPERATIONS COMMITTEE.

ANY BOND UPDATES WOULD BE PRESENTED SEPARATE AND INDEPENDENT, JUST LIKE IT WAS IN THE 2014 BOND PROGRAM ON THOSE PROJECTS SPECIFICALLY.

SO IT WOULD NOT BE INTERMINGLED, AS AN UPDATE.

WE'RE COMBINING A FACILITIES UPDATE WITH A BOND UPDATE.

THE ISSUE WITH THAT IS IT WAS COMING THROUGH FACILITIES AND NOT COMING TO THE WHOLE BOARD , AND SO MOVING FORWARD, AS WE HAVE BOND UPDATES, WHY WOULD WE PUT ANOTHER INTERMEDIATE THING THERE WHEN THE OVERSIGHT OF THE BOND IS FOR THE ENTIRE BOARD, SIMILAR TO WHAT WE DID WITH OUR FINANCE FACILITIES OPERATIONS COMMITTEE, THAT'S BEEN MERGED INTO ONE COMMITTEE. SO FINANCE AND FACILITIES AND OPERATIONS, WHICH IS OUR COMMITTEE MEETING, THE FIRST MEETING OF EVERY MONTH AT 3:00, THE SECOND EVERY MONTH AT THREE.

WE WOULD GIVE BOND UPDATES AND BOND AGENDA ITEMS SPECIFICALLY UNDER THAT ONE COMMITTEE PROCESS, BECAUSE THAT IS WHERE THAT LIES.

THAT'S FINE, BUT THAT WASN'T MY QUESTION.

THANK YOU. PLEASE CONTINUE.

THE THIRD-PARTY ADMINISTRATOR MODEL BASICALLY IS EVERYTHING YOU SEE IN GRAY.

NOW, ONE OF THE THINGS I WANTED TO POINT OUT IS THAT ONE OF THE THINGS THAT WE HAVE TO DO, REGARDLESS IF WE DO A COMPLETELY THIRD PARTY FIRM, A FIRM THAT COMES OUT AND THE MANAGERS IS YOUR ENTIRE BOND, YOU'RE STILL GOING TO NEED INTERNAL STAFF TO MANAGE THE RELATIONSHIPS BETWEEN THAT MANAGEMENT FIRM AND THE ISSUANCE OF CONTRACTS, THE ISSUANCE OF INVOICES, THE MANAGEMENT OF INVOICES, PAY APPS THOSE TYPES OF THINGS, SCHEDULES.

YOU'RE STILL GOING TO NEED INTERNAL STAFF TO DO THAT TO ASSIST THE DISTRICT WITH THAT.

SO WITH THIS MODEL, YOU'LL STILL SEE THERE'S ITEMS IN GREEN THAT ARE STILL BOND FUNDED POSITIONS AND THEN AREAS IN GRAY THAT ARE PROGRAM MANAGEMENT POSITIONS THAT ARE FUNDED STILL THROUGH THAT BOND PROGRAM, A 600 SERIES, AND WHAT WE'VE DONE IS WE'VE LOOKED AT THAT BASICALLY THE FEE THAT A PROGRAM MANAGEMENT FIRM DOES, THEY ARE FEE BASED TYPE OF AGREEMENTS, AND SO WE'VE GIVEN YOU THREE VARIOUS FEE BASED.

[02:30:07]

I WAS ASKED LAST TIME WHERE THOSE FEES ARE TYPICALLY AT TODAY.

GIVEN THE SIZE OF THIS BOND PROGRAM, IT'S GOING TO RUN SOMEWHERE BETWEEN 3.5 TO 3.

SOMEWHERE AROUND, AND THEY'RE DEPENDING ON AND I'LL TELL YOU, THE MORE WE START TO DO ON OUR OWN ON A PROJECT, THE GREATER THAT FEE IS GOING TO COME UP.

WHAT I MEAN BY THAT IS WHEN WE START LOOKING AT OUR BOND PROGRAM AND WE START SAYING WE THINK WE WANT TO DO THIS PORTION OURSELVES, WE WANT TO LET SAFETY AND SECURITY MANAGE THIS PORTION OF THE BOND.

WHEN WE START PULLING THOSE THINGS OUT.

THEIR FEE IS GOING TO INCREASE BECAUSE THEY'RE BASING THEIR FEE OFF OF A LUMP SUM.

SO THAT'S THE REASON WHY WE GAVE YOU THE DIFFERENT NUMBERS.

SO AGAIN, YOU'RE LOOKING AT A FIVE YEAR AND THE NUMBERS WERE AT 1.2 BILLION BOND.

THE COST MODELS TO DO IT IN HOUSE WAS 11.8.

17.7 TO DO IT AS A STAFF AUGMENTATION AND THE VARIOUS NUMBERS THAT YOU SEE THERE FOR A THIRD PARTY ADMINISTRATOR.

WHAT WE ARE PROPOSING FOR THE DISTRICT AND THIS SOUNDS A LITTLE CONFUSING, BUT THIS IS WHAT WE'RE PROPOSING.

WE'RE PROPOSING A DOLLAR AMOUNT OF A STAFF AUGMENTATION, DOLLAR AMOUNT, BUT WHAT WE'RE ASKING IS THE ABILITY TO START WITH AN IN-HOUSE MODEL, AND THE REASON WE WANT TO START WITH AN IN-HOUSE MODEL IS BECAUSE WHAT I AM SEEING AND I'LL TELL YOU WHAT I AM SEEING IN THE INDUSTRY, THERE IS A LARGE INTEREST IN WORKING FOR SCHOOL DISTRICTS AS A SENIOR PM, AS A PROJECT MANAGER AT A DESIGN MANAGER, THERE ARE A LOT OF INTEREST IN WORKING FOR SCHOOL DISTRICTS DIRECTLY FOR SCHOOL DISTRICTS IN THIS CURRENT MARKET.

SO I DO SEE US BEING ABLE TO SOLVE THIS WITHIN THAT MODEL.

HOWEVER, THE MARKET IS THE MARKET.

IT CHANGES ON A DIME.

ONE OF THE THINGS ABOUT THE CONSTRUCTION MARKET, IT WILL CHANGE ON THE DIME AND I'LL GIVE YOU AN ANALOGY THAT YOU CAN RELATE TO AND THAT IS THE HOUSING MARKET.

LAST YEAR'S HOUSING MARKET, AT THE VERY BEGINNING OF THE YEAR, IT WAS A BOOM.

YOU COULDN'T BUILD THEM FAST ENOUGH AND NO ONE SOLD THEM AT THE SALES.

WHAT THEIR ASKING PRICE WAS, IT WAS YOU HAD TO SELL IT ABOVE THE ASKING PRICE.

AT THE END OF THE YEAR LAST YEAR, YOU COULDN'T GIVE THESE HOUSES AWAY.

WE HAD AN ISSUE WITH TRYING TO GET HOUSES SOLD, BECAUSE OF THE INTEREST RATE, THAT WAS THE END OF LAST YEAR.

WE JUST GOT A REPORT TWO WEEKS AGO THAT NOW IT'S STARTING TO CHANGE AGAIN.

SO, THE CONSTRUCTION MARKET IS IN A CONSTANT STATE OF FLUX.

I WISH I COULD TELL YOU THAT, THAT IT'S EASY TO LOOK INTO A CRYSTAL BALL AND TELL YOU EXACTLY WHERE THE MARKET IS GOING TO BE SIX MONTHS FROM NOW, A YEAR FROM NOW, BUT QUITE FRANKLY, I DON'T THINK ANYBODY CAN TELL YOU WHAT THE MARKET IS GOING TO BE 60 DAYS FROM NOW. IT CHANGES.

SO WITH THAT BEING SAID, WE WANT THE FLEXIBILITY FROM A FUNDING PERSPECTIVE OF A STAFF AUGMENTATION MODEL, BUT REALLY WANT TO START OFF WITH AN IN-HOUSE MODEL, AND WITH THAT, I'LL TAKE ANY ADDITIONAL QUESTIONS YOU MAY HAVE REGARDING THIS ACTION ITEM.

MR. SELDERS? THANK YOU FOR THAT PRESENTATION.

JUST A QUICK QUESTION.

IF YOU PUT UP THAT SLIDE WHERE YOUR RECOMMENDATION WITH THE IN-HOUSE MODEL.

SO WITH ALL THOSE POSITIONS FROM SENIOR PROJECT MANAGER AND PROJECT MANAGER AND YOU TALKED EARLIER WHEN YOU ANSWERED MS. GRIFFIN'S QUESTION ABOUT THAT, THOSE POSITIONS WOULD BE SPECIFICALLY RELATED FOR THIS PARTICULAR BOND.

ONCE THE BOND PROJECTS ARE DONE WITH WHAT HAPPENS TO THOSE POSITIONS, DO THEY STAY ON OR WHAT HAPPENS? THESE POSITIONS ARE DIRECTLY FOR THE BOND.

THESE POSITIONS ARE WE TREAT THESE POSITIONS JUST LIKE WE TREAT GRANT FUNDED POSITIONS.

THEY'RE ONLY HERE AS LONG AS THE FUNDS ARE THERE.

ONCE THE PROJECT IS DONE, THE POSITIONS GO AWAY.

THAT'S IT. ANY OTHER QUESTIONS FROM THE BOARD?

[02:35:03]

SO NOW IS KIND OF THE OPPORTUNITY, WE DISCUSS THE VARIOUS DIFFERENT OPTIONS OF THE THREE DIFFERENT MODELS THAT ARE PRESENTED TO US, OR WE MAKE A MOTION TO ADOPT ONE OF THEM.

MR. PRESIDENT, CAN I ASK DR.

LOPEZ A QUESTION? YOU MAY.

LOOK. MY CONCERN IS ACCURATE, TIMELY, CORRECT REPORTING TO THE BOARD. THAT'S MY CONCERN.

WHY WOULD WE INTERMINGLE, START ONE WAY AND END ANOTHER WITH GOING FROM IN-HOUSE TO THEN STAFF AUGMENTATION? WE KNOW WE'RE GOING TO HAVE PROBLEMS HIRING .

THE MARKET FOR ANY POSITIONS ARE DIFFICULT, AND IF THAT'S NOT OUR SPECIALTY AND WHERE WE SPEND OUR TIME, WE'RE GOING TO NEED AN ASSISTANCE OF A FIRM.

SO GIVEN THAT, WHY WOULD WE START ONE WAY AND END ANOTHER WAY? BECAUSE WE HAVE TO ADD THIS AMOUNT INTO THE BOND AND SETTING IT THAT WE WON'T GO OVER A LIMIT. THERE'S NO GUARANTEE.

SUPPOSE WE WILL GO OVER THAT LIMIT.

SO THEN WHAT WILL HAPPEN? SO IF YOU COULD EXPLAIN WHY WE WOULD START ONE WAY AND END UP ANOTHER WAY.

SO THE BEST WAY I CAN ANSWER THAT QUESTION IS BY ACTUALLY GIVING OUR LIVED EXPERIENCES WITH THE 2014 BOND.

WE DID THE SAME THING WITH THE 2014 BOND, BUT IN A DIFFERENT WAY.

WE HAD A FIRM MANAGE OUR ENTIRE PROJECTS.

I GOT HERE IN 2018 AND WE HAD 0% COMPLETE ZERO.

THEN THERE WAS A LOT OF PAYMENT ISSUES.

THE CHECKS AND BALANCES WEREN'T THERE.

I WILL SAY THAT PAUL AND JAVIER DID A WONDERFUL JOB ONCE THEY GOT ON BOARD CREATING THIS, AND THEN WHAT WE MOVED TO WAS AN AUGMENTATION MODEL.

SO WE IMMEDIATELY WENT AND I CAN'T SPEAK FOR THE BOARD, BUT I FELT THAT WE WERE WORKING WITH TRANSPARENT MODELS AND THERE WAS A LOT OF FRUSTRATION BECAUSE THERE WERE A LOT OF THINGS THAT WE HAD TO CLEAN UP, AND THEN ALL OF A SUDDEN THESE BOND PROJECTS STARTED CLOSING OUT. PEOPLE WERE GETTING PAID BEFORE THE CLOSE OUT OF PROJECTS THAT STOPPED AS SOON AS WE WENT INTO OUR PERSONAL PROJECT AND I'M GOING TO TELL YOU WHY I THINK THE FUNDAMENTAL DIFFERENCE AND THEN I'LL GO TO YOUR QUESTION BECAUSE IT'S OUR CITIZENS' MONEY.

WHEN YOU HAND IT OFF TO ANOTHER PROJECT MANAGER, THAT ISN'T ONE OF US, I'M SORRY, IT DOESN'T IT DOESN'T RESONATE DEEPLY WITH THEM.

IT'S JUST ANOTHER PROJECT.

I'M DONE HERE. I KNOW IN FIVE YEARS I'M OUT.

THE SECOND THING THAT IS SCARY THAT WE SAW WAS WHEN YOU COME TO THE TAIL END OF THE PROJECT AND YOU DON'T HAVE A NEW BOND COMING UP, PEOPLE BAIL SHIP.

SO IN BOTH MODELS, IT IS MORE DIFFICULT.

NOW, WHY WOULD WE START WITH IN-STAFF? IN-STAFF, WE HAVE REALLY DIRECT CONTROL.

WE GIVE THEM OUR PROCESSES.

WE LET THEM KNOW WHAT OUR EXPECTATIONS ARE AND I'VE GOT TO PHRASE THIS BECAUSE IT MIGHT COME OFF WRONG. THE ABILITY TO ENSURE THAT THEY'RE GOING TO BE FULLY TRANSPARENT AND NOT HAVE ALLEGIANCE TO A CERTAIN THING I THINK IS GREATER WITH YOUR OWN EMPLOYEE THAN IT IS WITH AN OUTSIDE FIRM.

NOW, IT MIGHT VARY BETWEEN FIRMS. I'M NOT DISPARAGING FIRMS, PLEASE.

SO I LIKE TO SEE IF WE IF THERE'S A MARKET FOR IT.

IF THERE'S NOT, THEN WE KNOW AND WE HAVE THE AUGMENTATION MODEL, AND I THINK THE AUGMENTATION MODEL IS REALLY, IN MY OPINION, GOING TO FALL IN OUR LAP, OUT OF THE MARKET.

I COULD BE WRONG, BUT I THINK IF WE HAVE A FEW KEY PEOPLE, EVEN IF IT'S A FEW PROJECT MANAGERS, IT HOLDS ACCOUNTABILITY TO ANY OUTSIDER THAT'S WORKING ON OUR TEAM.

THAT'S WHY I WOULD SAY THAT IT MIGHT NOT BE THE FULL TEAM, AND I DON'T THINK JAVIER REALLY, BECAUSE HE SAYS HE USED A KEYWORD.

HE SAYS THERE ARE PEOPLE THAT ARE INTERESTED IN SENIOR PROJECT MANAGEMENT.

WELL, IF WE GET A FEW SENIOR PROJECT MANAGERS THAT ARE OUR OWN PEOPLE, THEY'RE GOING TO BE WATCHING OVER THE FIRMS AND THEY'RE ONE OF US AND HEARING FROM YOU AND THE COMMUNITY AND THE BOARD.

THE PAST FIVE YEARS I'VE BEEN HERE.

PEOPLE JUST WANT HONESTY.

THEY UNDERSTAND THINGS ARE GOING TO HAPPEN.

THEY GET IT.

IT HAPPENS ALL THE TIME.

SO THEY JUST WANT PEOPLE NOT TO BE PULLING THE WOOL OVER THEIR EYES, AND I THINK IF WE

[02:40:01]

THAT'S WHERE I'M AT. EXCUSE ME, ONE OTHER QUESTION.

IN THE AUGMENTATION DIAGRAM THAT WE HAVE ON PAGE 61, IS THERE ANYBODY ON STAFF THAT WOULD MOVE IN ANY OF THESE AUGMENTATION POSITIONS? CURRENTLY, NO. SO JUST THE FUNCTIONS IN BLUE IS THE EXPERTISE IN OUR DISTRICT AT THIS TIME.

THAT IS CORRECT. OKAY, THANKS.

MR. GLICK? YEAH, WHAT I THOUGHT I HEARD MR. FERNANDEZ SAY IS TO FUND IT AT STAFF AUGMENTATION AND START IT IN HOUSE.

THAT'S WHAT I THOUGHT I HEARD HIM SAY AND I THINK THAT'S WHAT WE SHOULD DO.

SO IT'S NOT A QUESTION OF HAVING TO SPEND MORE MONEY.

WE ALREADY HAVE ALLOCATED THE 17 MILLION PLUS, AND POSSIBLY SAVE MONEY DOWN TO A LOWER NUMBER. THAT'S WHAT I THOUGHT I HEARD YOU ASK FOR.

ANY MOTION WOULD BE FOR ADOPTION OF THE STAFF AUGMENTATION MODEL.

YES. SO, MR. PRESIDENT, IF YOU'RE READY FOR A MOTION, I WOULD LIKE TO MOTION THAT IN TERMS OF THE 2023 BOND MANAGEMENT PLAN, WE ADOPT THE STAFF AUGMENTATION MODEL AS PRINTED IN OUR BOOKLET. ALL RIGHT, BOARD, WE HAVE A MOTION AND A SECOND FOR APPROVAL OF AS A 2023 BOND BOND MANAGEMENT PLAN, THE STAFF AUGMENTATION MODEL.

ALL THOSE IN FAVOR, PLEASE RAISE YOUR HAND.

ANY OPPOSED THAT PASSES SIX ZERO.

ALL RIGHT, MOVING ON.

WE ARE MOVING ON TO ACTION ITEMS 4C DISCUSSION AND POSSIBLE ACTION REGARDING

[IV.C. Discussion and Possible Action Regarding Potential May 2023 Bond Financing and Bond Repayment Plan]

DR. LOPEZ. COMING UP IN OUR NEXT SECTION, WE'RE NOW LOOKING AT HOW WE'RE GOING TO PUT THOSE TWO PROJECTS TOGETHER AND FUND THEM.

ALL RIGHT, SO WE HAD A SLIDE IN ANTICIPATION, IF YOU GUYS DID SAY YES.

SO WE HAVE AN UPDATED SLIDE OF ADDING THE AUGMENTATION MODEL.

WELL, WE HAD MULTIPLE SLIDES, BUT IT LOOKS LIKE WE'RE DOING THE AUGMENTATION MODEL WITH THE FOUR ELEMENTARIES AND DR.

LOPEZ WITH THE PACKETS ALREADY BEING PRINTED AND POSTED, WE'RE DISCUSSING THAT POINT WITH INFORMATION. RIGHT, BUT DO WE HAVE THE ABILITY TO SHOW THEM WHAT THAT WOULD LOOK LIKE? WE CAN SHARE THAT.

GOOD. PERFECT.

YES, SIR. TURN IT OVER TO DR.

RINGO. THANK YOU.

MR. JOHNSON BOARD OF TRUSTEES DR.

LOPEZ, GOOD AFTERNOON AGAIN.

YOU HAVE SEEN MOST OF THIS PRESENTATION.

GEORGE WILLIFORD WITH HILLTOP SECURITIES WAS HERE AND PROVIDED THIS DETAIL.

SO THIS IS BEING BROUGHT BACK TO RE-SHARE WHAT THAT LOOKS LIKE ALONG WITH REQUEST INFORMATION OF BROKEN OUT BY PROPOSITION AND THE INTEREST AT 20, 25 AND 30 YEAR REPAYMENT PLANS. SO AS REQUESTED, IT WAS REQUESTED TO LOOK AT WHAT IF WE'RE GOING TO MAINTAIN OUR CURRENT TAX RATE OF 0.3179 FOR I&S, WHAT DOES THAT LOOK LIKE AT 20, 25 AND 30? SO THIS IS AGAIN BEING REPRESENTED WITH IF THERE WAS NOT A TAX RATE INCREASE AND THE CAPACITY AMOUNT. SO 20 YEARS, 900 MILLION, 25 YEARS, 983 MILLION, AND THEN AT 30 A LITTLE OVER A BILLION, AND AS NOTED EARLIER IN A PRESENTATION, THE FIRST ONE, MR. GLICK, NOTED THOSE ASSUMED INTEREST RATES.

THESE ARE QUITE A BIT HIGHER THAN WHERE THEY'RE AT NOW, BUT BASED OFF WHAT WE'RE SEEING IN THE MARKET THAT IS PROJECTED TO GO THAT WAY, AGAIN, THESE ARE PROJECTIONS BASED OFF BEST KNOWN DATA AT THE TIME.

IF WE WERE TO BE AT A $1 BILLION AMOUNT, WHICH WE KNOW NOW, WE WILL BE ABOVE THAT A BILLION AT FOUR ISSUANCES AT 20, 25 AND 30.

YOU CAN SEE THE INCREASE ABOVE OUR CURRENT TAX RATE.

THE NUMBERS IN BLACK IN THAT GRAY COLUMN, THE FIRST COLUMN ARE AN INCREASE OR THE THIRD COLUMN HAD A 30 YEAR AT A BILLION WOULD ACTUALLY LOWER OUR RATE BELOW THE 0.3179, AND YOU CAN SEE THE TOTAL TAX IMPACT AND THEN GOING TO THE BOTTOM HALF OF THAT, THE AVERAGE MARKET VALUE OF A HOME WITHIN GISD IS ROUGHLY $300,000.

UNDER CURRENT LAW, THERE'S A $40,000 HOMESTEAD EXEMPTION WHICH MAKES MAKES THE TAXABLE VALUE $260,000.

SO IN THAT MIDDLE GREAT COLUMN, YOU CAN SEE AT 20, 25 AND 30 WITH THE ANNUAL AND MONTHLY IMPACT IS ON A HOME BASICALLY AT 20 A HAPPY MIDDLE OF MONTH, THEN GOING TO THE NEXT PAGE AT 1.1 BILLION.

[02:45:01]

THE INCREASE ABOVE THE CURRENT 0.3179 AT EACH OF THOSE LEVELS WITH THE NEW ESTIMATED MAX REQUIRED I&S TAX RATE TO MAKE THAT HAPPEN, AND AGAIN, SAME INFORMATION ON THE BOTTOM HALF MARKET VALUE OF A HOME OF $300,000 WITH A TAXABLE VALUE OF $260K.

THERE'S YOUR IMPACT ON A HOME AT 20, 25 AND 30.

GOING TO 1.2 BILLION YOU'RE SEEING HERE.

SO WE KNOW WITH WHAT'S BEEN APPROVED TODAY, WE'LL BE IN THE 1.2 BILLION RANGE AND WE'LL TALK ABOUT THAT SHORTLY, BUT YOU CAN SEE 20, 25 AND 30 AT 20 YEARS, IT'S OVER A SEVEN CENT INCREASE. AT 25, WE'RE BELOW $0.05.

AT 30 YEARS, IT'S A LITTLE OVER THREE AND A HALF CENT INCREASE ABOVE THE TAX RATE.

SO TO HIGHLIGHT THAT SPECIFICALLY, SINCE WE'RE GETTING CLOSE TO WHAT OUR BOND PROGRAM AMOUNT WILL BE AT 20 YEARS, IT'D BE $0.

39.11 CENTS AT 25 YEARS ON BOND REPAYMENT, $0.36.62 AND 30 YEARS $0.35.38.

THEN WE GET DOWN TO THE IMPACT ON OUR HOME.

THAT ANNUAL IMPACT AT 20 YEARS BEING $190.29 AND THEN DOWN TO 30 AT $93.28, AND YOU CAN SEE THE MONTHLY IMPACT THERE FOR THAT HOMEOWNER.

BRENT, IS THERE GOING TO BE ANY IMPACT ON THE 40,000 MANDATORY HOMESTEAD EXEMPTION IF THE LEGISLATURE PASSED WHAT THEY'RE TALKING ABOUT DOING NOW? GREAT QUESTION.

YES. SO WE DON'T KNOW WHAT THAT LOOKS LIKE YET AND WHAT MR. BEACH IS REFERRING TO DOWN AT THE STATE LEVEL, THERE HAS BEEN DISCUSSION OF INCREASING THE HOMESTEAD EXEMPTION TO $70,000.

ALONG WITH THOSE SAME DISCUSSIONS, THERE'S BEEN DISCUSSIONS OF POTENTIALLY PUTTING THE STATE, PUTTING IN MONEY AS A HOLD HARMLESS IN THAT TRANSITION, SORT OF LIKE WHAT WE'VE SEEN WHEN THEY WENT FROM 25000 TO 40000 THAT THE STATE WOULD PROVIDE FUNDS TO OFFSET THAT INCREASE, AND SO IT UNDER CURRENT KNOWN INFORMATION, WE DO NOT SEE THAT BEING A NEGATIVE IMPACT TO A BOND PROGRAM UNLESS THE STATE WERE TO SAY WE'RE NOT GOING TO PROVIDE YOU ANY HOLD HARMLESS IN THIS TRANSITION.

NOW, THEY'VE BEEN WITH WE SEE ALSO WITH THE STATE REVENUE BEING AN EXCESS OF 24 BILLION AND WHAT THEY'RE PROJECTING OUT OF THE NEXT BIENNIUM, THEY'RE GOING TO ALLOCATE THAT MONEY SOMEWHERE AND SO WE HOPE TO SEE THAT THEY WOULD SUPPORT SCHOOL DISTRICTS IN THAT TRANSITION AND NOT JUST SCHOOL DISTRICTS.

THIS WOULD BE CITIES AND COUNTIES WHO ARE ALSO HAVING BOND ELECTIONS.

AT 1.3 BILLION, 20, 25 AND 30.

JUST LIKE THAT, YOU CAN SEE AT 20, AT 1.3 WE'RE GOING TO INCREASE ALMOST $0.10, BELOW THE TEN CENT LEVEL THAT WOULD RAISE OUR TAX RATE TO $0.41.55.

AT 25 YEARS, IT WOULD BE REPAYMENT.

IT'D GO UP TO ALMOST A LITTLE OVER $0.07 TO A NEW TAX RATE OF 0.3886, AND AT 30 YEARS, IT WOULD INCREASE JUST LESS THAN $0.06 FOR A TOTAL TAX RATE OF 37.51, AND NOW FOCUS ON THAT GREAT COLUMN, BECAUSE THAT IS THE AVERAGE MARKET VALUE OF A HOME AND GARLAND ISD THAT MONTHLY IMPACT BEING AT $21.15 FOR 20 $15.31 IMPACT FOR 25 AND THEN A $12.39 IMPACT FOR 30.

NOW HERE'S WHERE THE NEXT SLIDE IS, WHERE I WILL HIGHLIGHT THE IMPACT OF WHAT WAS APPROVED TODAY, BUT THIS SLIDE, THE REQUEST BEING AND THIS IS WHAT WAS ADDED FROM THE LAST PRESENTATION, THAT WHAT IS THE BREAKOUT BY PROPOSITION AMOUNT ON THAT TAX RATE.

SO PROP A AND THIS IS BEFORE WE ADD IN THE ELEMENTARY NUMBER FOUR AND THE BOND PROGRAM MANAGEMENT, BUT YOU CAN SEE AT 20 YEAR IT IS BASICALLY A SIX CENT INCREASE.

AT 25 YEAR, A FOUR CENT INCREASE AND AT 30 YEAR LESS THAN THREE CENTS JUST FOR PROP A AND ALL THESE ARE VOTED ON INDIVIDUALLY BY OUR VOTERS FOR THE TOTAL DOLLAR AMOUNTS WHEN THE ELECTION TIME COMES.

PROP B WHICH IS THE MULTI-PURPOSE FACILITIES AT ALL THE HIGH SCHOOLS AND THE DISTRICT THERE IS THE TAX RATE IMPACT.

IT IS LESS THAN A PENNY FOR 20 YEARS.

LESS THAN HALF OF A PENNY.

IT'S A FRACTION OF A PENNY FOR 25 YEARS AND A FRACTION OF A PENNY FOR 30 YEARS.

PROP C, 40 MILLION FOR TECHNOLOGY.

THOSE ARE THE 1 TO 1 DEVICES AS REQUIRED NOW TO BE UNDER A SEPARATE PROPOSITION UNDER STATE STATUTE. YOU CAN SEE HERE IT IS A QUARTER OF A PENNY FOR 20 YEARS, LESS THAN A FIFTH OF A PENNY FOR 25 AND ABOUT A 10TH OF A PENNY FOR 30.

SO VERY LITTLE IMPACT ON THE TAX RATE FOR A HOMEOWNER FOR THOSE THREE, THEN THE TOTAL I&S TAX RATE IS AT THE BOTTOM.

[02:50:01]

ANOTHER INCREASE OF ALMOST THREE, A LITTLE OVER $200 MILLION, AND SO JUST THAT FIVE YEAR CHANGE INCREASES ROUGHLY $300 MILLION ON INTEREST EACH TIME.

SO NOW THAT WE'RE ON PROP A AND AS DR.

LOPEZ WAS REFERRING TO, THAT TAX RATE IMPACT OF ADDING ROUGHLY 85 MILLION IS GOING TO BE A LITTLE LESS THAN HALF A PENNY.

SO, MR. BEACH. EACH ONE OF THESE PROPOSITIONS HAS TO BE UNDER ONE OF THOSE YEARS, EITHER 20, 25 OR 30. THEY CAN'T BE SEPARATED.

IN OTHER WORDS, THE PROPOSITION A, B UNDER 20 YEAR PROPOSITION B, UNDER A 25.

SO THE BOARD, THEY WOULD [INAUDIBLE], BUT THEY WOULD ALL BE AS THE BOARD APPROVES IT, IT WOULD BE WHEN THE BOARD APPROVES AND CALLS FOR THE BOND, THEN WE SELL THE BONDS, WED DETERMINE WHETHER THAT'D BE 20, 25 OR 30.

IT HAS TO BE ONE OF THOSE SOLID YEARS FOR ALL THREE.

ALL THREE, WELL, IN PROPOSITION C, FOR EXAMPLE, TECHNOLOGY, BECAUSE IT'S 1 TO 1, THE REPAYMENT DESIGN IS DESIGNED TO PAY OFF THAT PRINCIPAL WITHIN THE LIFESPAN OF THOSE TECHNOLOGY DEVICES.

SO EVEN THOUGH IT MAY REFLECT 20 YEARS OR 25, WE WILL REPAY THAT BACK, BUT IT WOULD BE DESIGNED THAT ALL THREE WOULD BE 20, 25 OR 30, ALL WITHIN THE SAME REPAYMENT PLAN.

OKAY, THANK YOU.

IF I'M UNDERSTANDING YOUR QUESTION CORRECTLY ABOUT ALL THREE.

I WAS JUST WONDERING IF, YOU KNOW, FOR INSTANCE, PROPOSITION A IS A 1 BILLION, 17 MILLION IF WE DECIDED WE WANT TO DO 25 YEAR REPAYMENT TERM, BUT THEN ON PROPOSITION C, WE WANT TO DO A 20 YEAR, CAN WE DO A 20 YEAR ON THAT PARTICULAR PROPOSITION OR DO THEY ALL HAVE TO BE UNDER THE SAME UMBRELLA OF 25 YEAR? I WILL GET CLARIFICATION, I BELIEVE, AND I WILL VERIFY THIS BOND COUNCIL AND GET THIS OUT BUT I BELIEVE THEY WOULD ALL BE UNDER THE 25 YEAR.

THEY WOULD ALL THREE FALL ON THE SAME PLAN AS WE'RE PLANNING FOR THESE BONDS, BECAUSE WHEN WE SELL THE BONDS, THEY'RE GOING TO BE SOLD IN FOR ISSUANCES TOTAL, AND SO WHEN WE SELL IT, IT'S GOING TO BE DESIGNED FOR TECHNOLOGY IS GOING TO BE NOT ALL OF IT, BUT A QUARTER OF IT BE WITHIN THAT FIRST ISSUANCE OF THE BONDS, SORT OF SIMILAR CONSTRUCTION THAT WE MEET THOSE NEEDS WHEN WE SELL, IT'S GOING TO BE LUMPED IN TOGETHER WHEN WE SELL THOSE BONDS.

OKAY, POINT OF CLARIFICATION FOR THE BOARD, THE INTANGIBLE IS THIS REFINANCING BONDS. SO JUST BECAUSE WE SET A 25 DOESN'T MEAN THAT BETTER RATES DON'T COME OUT AND WE DON'T REFINANCE.

THAT IS A TYPICAL THING THAT DOES HAPPEN, AND CAN YOU TALK ABOUT THE BENEFITS OF REFINANCING BONDS? YES, SIR, GOOD QUESTION, DR.

LOPEZ. THERE ARE OPPORTUNITIES AS WE GO THROUGH THIS PROCESS AND DEPENDING ON WHAT RATES DO TEN, FIVE, TEN, 15 YEARS OUT, SIMILAR TO LIKE WE SEE WITH HOME MORTGAGES, WE SAW, YOU KNOW, RATES WERE DROPPING AND YOU COULD REFINANCE YOUR HOME MORTGAGE AND GET A BETTER RATE ON THE INTEREST SIDE, AND SO YOUR REPAYMENT TO THE BANK LESSENED SIMILAR TO BONDS.

THERE ARE GOING TO BE OPPORTUNITIES IN COMING YEARS TO WHERE HAS THE BOARD HAS DONE SINCE WE'VE BEEN HERE IN 2018 TO APPROVE REFINANCING, TO LOWER THOSE DEBT PAYMENTS TO THOSE DEBT SCHEDULES THAT SAVES OUR TAXPAYERS' DOLLARS.

SO ALSO ON THAT, TO ADD TO WHAT DR.

LOPEZ NOTED, THESE MODELS AND AS SHARED PREVIOUSLY, ARE BUILT ON VERY CONSERVATIVE TAXABLE VALUE GROWTH.

SO, YOU KNOW, WE'VE BEEN EXPERIENCING HISTORICAL TAXABLE VALUE GROWTH, BUT THOSE MODELS IN THIS TAX RATE CALCULATION FIVE YEARS FROM NOW LEVEL OUT TO WHERE THERE IS ZERO TAXABLE VALUE GROWTH FOR THE REMAINDER OF THAT BOND REPAYMENT.

SO AS WE'VE SEEN WITH THIS, IF TAXABLE VALUE GROWTH EXCEEDS 0% FROM FIVE YEARS ON OUT, THAT TAX RATE WILL BE ABLE TO BE COMPRESSED TO MEET THAT THE DEBT PAYMENT STRUCTURE, MEANING WE CAN LOWER THE TAX PAYMENT.

SIMILAR TO WHAT WE'VE DONE NOW, OUR TAX RATE IN 2018 I&S WAS $0.42.

IT IS NOW 0.3179, SO IT'S DROPPED QUITE A BIT DUE TO TAXABLE VALUE GROWTH , AND JUST TO HIGHLIGHT DR.

LOPEZ'S COMMENT EARLIER AND WHAT THE BOARD JUST APPROVED IN THE LAST ACTION ITEM, THAT $85.7 MILLION ADD, WHICH IS THE FOURTH ELEMENTARY SCHOOL AND THE STAFF MODELING FOR THE BOND PROGRAM, WILL ONLY RAISE THIS ABOUT A HALF CENT IN EACH ONE OF THESE AREAS, LESS THAN A HALF CENT. WITH THAT INFORMATION WITH THE FOURTH ELEMENTARY SCHOOL, OUR FINANCIAL

[02:55:05]

SO YOU CAN SEE THAT BEFORE IT IS CALLED.

JUST TO HIGHLIGHT HAS PRESENTED EARLIER, THIS IS THE TIMELINE.

WE WOULD COME BACK TO THE BOARD OF TRUSTEES TO OFFICIALLY CALL FOR THE ELECTION.

THAT WOULD INCLUDE THE BOND COUNCIL PAPERWORK THAT SHOWS THE DOLLAR AMOUNTS AND PROP A, PROP B, PROP C.

IT LOCKS IN THE VERBIAGE THAT WILL BE USED.

THE POLLING STATIONS HAVE TO BE IN THERE, AND SO THAT WILL COME BACK TO THE BOARD OF TRUSTEES TO OFFICIALLY CALL FOR THE BOND ELECTION, AND THE TIMELINE, YOU CAN SEE HERE WHEN TO PUBLISH, WHEN EARLY VOTING BEGINS, WHEN IT ENDS, ELECTION DAY BEING MAY 6TH AND THE DATE OF CANVASS, THE EARLIEST DATE BEING MAY NOT.

LAST DAY TO CANVASS BEING MAY 17TH.

WITH THAT, MR. JOHNSON, I'LL TURN IT BACK OVER TO YOU.

OKAY, BOARD, DO WE HAVE ANY QUESTIONS REGARDING VARIOUS BOND REPAYMENT PLANS? I KNOW THAT I SPOKE WITH TRUSTEE MILLER BECAUSE HE KNEW THAT HE MIGHT NOT BE ABLE TO GIVE COMMENTARY WITH RESPECT TO THIS, AND HE DID WANT ME TO KNOW THAT AFTER HEARING MR. WILLIFORD'S PRESENTATION AT THE LAST MEETING, HIS HIS THOUGHTS WERE THAT THE 25 YEAR PLAN WAS KIND OF HIS PREFERRED MODEL.

IS THERE ANY DISCUSSION THAT ANYONE WANTS TO HAVE WITH RESPECT TO THE VARIOUS DIFFERENT MODELS, OR DOES ANYONE HAVE A MOTION TO ADOPT A BOND REPAYMENT PLAN AT THIS TIME? MR. GLICK? YEAH, BEFORE WE GET TO MOTION, I THINK EVERYBODY HERE KNOWS THAT I HAVE BEEN IN FAVOR OF A 20 YEAR REFUNDING.

IT'S A TRADITION WITH THIS DISTRICT THAT'S ALWAYS BEEN FOR EVERY BOND ISSUE THAT'S EVER BEEN DONE FOR GISD, AS WE'VE DONE A 20 YEAR BOND.

I THINK THAT'S ONE OF THE REASONS WHY WE HAVE TRIPLE A AND DOUBLE A-PLUS RATINGS WERE AMONG THE TOP FOUR OR FIVE HIGHEST RATED DISTRICTS IN THE STATE, BECAUSE WE'VE ALWAYS WORRIED ABOUT INTEREST RATES.

YOU SAW THE $300 MILLION AS WE GO FROM 20 TO 25 THAT DR.

RINGO MENTIONED.

I UNDERSTAND THAT WE'RE ALSO WORRIED ABOUT THE BURDEN ON OUR TAXPAYERS.

I THINK WE LOOK AT THAT ONE WAY IN THE AMOUNT OF MONEY PER HOUSE, PER MONTH WITHOUT NECESSARILY LOOKING AT THE EXTRA $300 MILLION GOING FROM 20 TO 25 AS A MUNI BOND BUYER. I DO LOOK AT SOME OF THE SAME DOCUMENTS THAT MR. WILLIFORD LOOKS AT, NOT ON A FULL TIME BASIS.

THERE ARE STILL SIGNIFICANT NUMBER OF SCHOOL DISTRICTS THAT ARE ISSUING 20 YEAR BONDS CONTINUING TO ISSUE 20 YEAR BONDS.

THEY'RE AMONG THE LARGEST DISTRICTS AND THE MOST SUCCESSFUL IN THE STATE, ACTUALLY IN THE NATION. SO I UNDERSTAND THE BELIEF IS THAT WE SHOULD GO TO 25.

I JUST WANT EVERYBODY TO UNDERSTAND THAT IF WE DO SO.

I REMEMBER WHEN I FIRST GOT ON THE BOARD IN 2007, ONE OF THE CONVERSATIONS I HAD WITH DR.

CULWELL, WHO WAS SUPERINTENDENT AT THE TIME, IS WE SHOULD ALWAYS ATTEMPT TO STAY AT 20 YEARS. HE WAS NOT ONLY OUR SUPERINTENDENT, BUT A TRUE EXPERT IN SCHOOL FINANCE.

AFTER HE LEFT US.

THAT'S THE DIRECTION HE WENT WITH HIS CAREER.

HE BELIEVED VERY STRONGLY IN THE MESSAGE IT SENT TO OUR TAXPAYERS AND THE REPAYMENT, AND THAT'S WHY WE ALWAYS WANT AWARDS FOR FINANCIAL SUPERIORITY TO THE DISTRICT.

SO JUST TO COMMENT.

THANK YOU, SIR. OBVIOUSLY, THE VARIOUS DIFFERENT MODELS HAVE BEEN PRESENTED AND THERE'S PROS THERE'S OBVIOUSLY CONS TO EACH ONE.

MY RECOLLECTION IS AND ANYONE CAN JUMP IN HERE AND SAY, BOARD PRESIDENT, YOU'RE WRONG, BUT MY RECOLLECTION IS THAT MR. WILLIFORD, WHILE HE DIDN'T MAKE HIS SPECIFIC RECOMMENDATION, HE DID SUGGEST THAT WE EITHER ADOPT A 25 OR 30 WITH RESPECT TO IT, AND I KNOW I ASKED SPECIFICALLY ASKED HIM THE QUESTION AS TO WHETHER HE BELIEVED THAT EITHER OF THOSE TWO WOULD HAVE A NEGATIVE IMPACT ON OUR BOND RATING.

HE INDICATED THAT IT WOULD NOT.

THAT BEING SAID, ONE OF THE ASPECTS FROM MY PERSPECTIVE OF SUPPORTING ADDING A FOURTH ELEMENTARY SCHOOL IS MAKING CERTAIN THAT IN THE PROCESS OF DOING IT, WE DIDN'T LEVY AN

[03:00:03]

NOW, THAT DOESN'T MEAN ANYTHING TO ANYONE UNTIL WE TAKE A VOTE, BUT I UNDERSTAND YOUR CONCERNS. MR. GLICK.

I DO FEEL AS THOUGH OUR BOND AGENT HAS AND REPRESENTATIVE HAS ASSUAGED MY CONCERNS WITH RESPECT TO THAT. DOES ANYBODY ELSE HAVE ANY COMMENTS THEY WOULD LIKE TO MAKE AT THIS TIME? COULD I ADD ONE MORE COMMENT? OF COURSE. YEAH, THANK YOU.

ONE OF THE ADVANTAGES THAT WE HAVE HAD AS TO MOST OTHER SCHOOL DISTRICTS IN THE STATE IS THE FORM OF INSURANCE CALLED THE PERMANENT SCHOOL FUND.

WHEN THE FINANCIAL CRISIS HIT IN 2008, ALL OTHER FORMS OF BOND INSURANCE FAILED.

THERE WAS ONLY ONE FORM THAT STAYED, AND THAT WAS THE PERMANENT SCHOOL FUND THAT NOW HAS BEEN OVERSUBSCRIBED, AND THE IRS AT THIS POINT IS CONSIDERING WHETHER TO ADD ADDITIONAL BILLIONS OF DOLLARS OR ACTUALLY TRILLIONS OF DOLLARS TO THE FUND TO ALLOW THE STATE OF TEXAS TO, AGAIN, USE THAT PERMANENT SCHOOL FUND FOR INSURANCE PURPOSES.

ONE OF THE REASONS THAT EVEN THOUGH WE HAVE USED THE PERMANENT SCHOOL FUND FOR OUR BONDS, WE HAVE NOT NEEDED TO DO THAT, AND THAT'S BEEN BECAUSE WE HAD THE TRIPLE A, DOUBLE A-PLUS. MY FEAR AND I UNDERSTAND WHAT MR. WILLIFORD SAID, IS THAT IN FUTURE, IF THE PERMANENT SCHOOL FUND DOES NOT GET REFUNDED AND REAUTHORIZED WITH THE IRS, THAT SCHOOL DISTRICTS LIKE OURS WILL HAVE MORE DIFFICULTY. WE NEVER WANT TO LOSE THAT TRIPLE-A RATING BECAUSE WE'RE GOING TO BE ABLE TO, AND WHEN GEORGE WILLIFORD GAVE US THESE INTEREST RATES, HE AND I KIND OF CHUCKLED AFTER THE MEETING BECAUSE I DON'T THINK THOSE RATES ARE EVER GOING TO HAPPEN.

I MEAN, WE'RE GETTING UP TO THE LOW FOURS RIGHT NOW ON TRIPLE-A BONDS FOR 20 YEARS OR 25 YEARS.

SO FOR HIM TO SUGGEST POTENTIALLY GOING UP TO 595 IS I DON'T KNOW.

WHO KNOWS, RIGHT? I AGREE WITH YOU, MR. PRESIDENT, THAT THE ADDITION OF THE FOURTH ELEMENTARY SCHOOL, I THINK, IS INCREDIBLY IMPORTANT FOR THIS, FOR US TO BE ABLE TO GO TO THE COMMUNITY AND SAY WHY WE THINK YOU SHOULD AGREE WITH US ON SPENDING $1.2 BILLION.

SO THOSE ARE MY COMMENTS.

THANK YOU. MR. BEACH, JUST SOME COMMENTS AND QUESTIONS.

[INAUDIBLE] ONE OF COURSE, WE DON'T KNOW WHERE THE HOME EXEMPTION IS GOING TO GO IS ONE CONCERN.

THE OTHER IS I AGREE THAT WE NEED THAT FOURTH ELEMENTARY SCHOOL TO BE BUILT TO SHOW THAT WE ARE GOING TO MAKE ATTEMPT, AND THE OTHER THING THAT CAME INTO THE PRESENTATION, OF COURSE, THE INFLATION RATE IN 5 TO 7 YEARS ON A NEW BOND PROGRAM, WE NEVER KNOW WHERE IT'S GOING TO BE.

SO WE NEED TO GET IT DONE NOW IF WE'RE GOING TO GO AHEAD AND BUILD SO THAT WE CAN SHOW THAT WE ARE USING THOSE DOLLARS WISELY AND I GUESS THE LAST STATEMENT IS, YOU KNOW, WE TAKE THE PROFESSIONAL ADVICE FROM MR. WILLIFORD AND HE HADN'T LED ASTRAY YET, AND I AGREE WITH WHAT WES SAID.

HE SAID THAT IT WOULD NOT HINDER US BY GOING 25 OR 30 YEARS.

SO I, TOO, LEAN TOWARD THE 25 YEARS.

THANK YOU. ANY OTHER DISCUSSIONS? DO WE HAVE ANY MOTIONS FROM THE BOARD? I'LL MAKE A MOTION. ALL RIGHT, MR. BEACH. I'LL MAKE A MOTION THAT WE APPROVE THE BOND REPAYMENT--I GUESS, THAT WOULD BE THE WAY TO WORD IT--FOR A 25 YEAR PLAN FOR THE POTENTIAL 2023 BOND FINANCING AND BOND REPAYMENT PLAN. THERE IS A MOTION FOR THE ADOPTION OF A 25 YEAR BOND REPAYMENT PLAN.

IS THERE ANY SECONDS? I'LL SECOND.

MOTION AND A SECOND FOR THE ADOPTION OF A 25 YEAR BOND REPAYMENT PLAN FOR ANY POTENTIAL MAY 2023 BOND ELECTION.

ALL THOSE IN FAVOR, PLEASE RAISE YOUR HAND.

ALL THOSE OPPOSED.

MR. GLICK, DID YOU CAST A VOTE? ABSTENTION. ALL RIGHT, THAT'S GOING TO PASS 4 TO 1 WITH ONE ABSTENTION AND ONE ABSENT.

[03:05:01]

IT IS 1:58 AND WE'RE GOING TO HAVE A SHORT RECESS.

THIS TIME IT IS GOING TO BE SHORT, I PROMISE YOU.

ALL RIGHT, IT IS TWO 2:08 P.M, AND WE'VE RETURNED FROM A SHORT RECESS.

WE HAVE COMPLETED ACTION ITEM 4C AND WE'RE MOVING ON TO ACTION

[IV.D. Consideration and Possible Action Regarding the Recommendations of the Citizen Bond Steering Committee for Potential May 2023 Bond]

LOPEZ. THANK YOU, BOARD PRESIDENT JOHNSON.

WE JUST APPROVED THREE DIFFERENT ITEMS, AND WE HAVE ONE MORE TO MOVE FOR APPROVAL.

THAT'S ACTION ITEM D AND I WILL TURN IT BACK TO YOU FOR THAT.

FINAL CONCLUSION OF THIS MEETING WITH THESE ACTION ITEMS. ACTION ITEM 40 IS CONSIDERATION AND POSSIBLE ACTION REGARDING THE RECOMMENDATIONS OF THE CITIZEN BOND STEERING COMMITTEE FOR THE POTENTIAL MAY 2023 BOND.

THIS ITEM IS INCLUDED TO KIND OF IN ONE MOTION WRAP UP EVERYTHING THAT WE'VE DONE HERE TODAY AND SEND A BIG THANK YOU TO OUR CITIZENS BOND STEERING COMMITTEE AND LET THEM KNOW THAT WE ARE ADOPTING THE RECOMMENDATIONS THAT THEY BROUGHT FORWARD TO US. IS THERE ANY MOTIONS FROM THE FLOOR WITH RESPECT TO THIS? OH, ACTUALLY, MISS GRIFFIN, DO YOU HAVE A QUESTION? NO, I HAVE A VOTE MOTION.

YOU WANT IT? YEAH.

OKAY, GO ON. MR. GLICK? YES. THANK YOU, SIR.

I MOVE TO APPROVE THAT THE ADMINISTRATION SHALL BRING US LANGUAGE TO CALL A BOND ELECTION FOR THE MAY 2023 GENERAL ELECTION THAT IS INCLUSIVE OF THE SCOPE OF WORK APPROVED IN THIS MEETING TO BE MANAGED BY STAFF WITH THE STAFF AUGMENTATION MANAGEMENT PLAN AS APPROVED IN THIS MEETING AND WITH THE 25 YEAR BOND REPAYMENT PLAN AS APPROVED IN THIS MEETING EARLIER.

ALL RIGHT, WE HAVE A MOTION FOR APPROVAL OF THE RECOMMENDATIONS OF THE CITIZEN BOND STEERING COMMITTEE FOR A POTENTIAL 2023 BOND.

DO WE HAVE A SECOND? SECOND.

WE HAVE A MOTION AND A SECOND.

ALL THOSE IN FAVOR OF THE MOTION, PLEASE RAISE YOUR HAND.

THAT PASSES SIX ZERO.

CONGRATULATIONS. YEAH! [APPLAUSE] THANK YOU AGAIN.

MR. AUBIN, THANK YOU SO MUCH, AND WE'RE NOT JUST THANKING YOU.

WE'RE THANKING EVERYBODY WHO IS IN THAT ROOM FOR THOSE SIX MEETINGS WITH YOU.

A LOT OF HOURS SPENT, A LOT OF HARD WORK.

WE CANNOT THANK YOU ENOUGH FOR WHAT YOU'VE DONE FOR US, FOR THE COMMUNITY, FOR OUR STUDENTS. THANK YOU.

MR. PRESIDENT, I'D ALSO LIKE TO SEND A SHOUT OUT TO MR. ROBINSON, WHO IS NOT HERE WITH US TODAY FOR ALL OF HIS WORK AND THEN THE ENTIRE BOND COMMITTEE AND THE STAFF THAT ASSISTED IN THE PROCESS AND WAS A TRANSCEND.

THANK YOU ALL.

I'D LIKE TO ALSO THANK ALL OF MY COMMITTEE MEMBERS THAT I CALLED AND ASKED TO EVEN SERVE ON THE COMMITTEE. NOT ONE TURNED ME DOWN.

SO THANK YOU FOR SERVING ON THIS COMMITTEE.

I KNOW THAT YOU FEEL VERY STRONGLY ABOUT WHAT HAPPENED IN OUR SCHOOL DISTRICT AND GET OUT THERE AND HELP US PROMOTE THIS.

THANK YOU. MR. SELDERS. YEAH, I'M GOING TO ALSO ECHO WHAT MR. GRIFFIN AND MR. BEACH SAID.

A LOT OF THE PEOPLE THAT I HAD ASKED TO SERVE ON THIS COMMITTEE, MANY OF THEM HAD NOT PARTICIPATED IN ACTIVITIES WITHIN THE DISTRICT, AND THIS WAS THEIR FIRST TIME GETTING INVOLVED IN THIS TYPE OF PROCESS.

SO THERE WAS A LITTLE NOT CONCERN.

I THINK THEY WERE JUST NOT SURE HOW THE PROCESS WAS GOING TO GO, AND I WAS REALLY PLEASED WITH THE FACT THAT THEY AGREED TO PARTICIPATE AND THEY SHOWED UP PREPARED AND READY TO DO WORK, AND I'M PROUD OF THE PRODUCT AND I THANK THEM FOR ALL OF THEIR TIME AND SACRIFICE, AS WELL AS ALL THE OTHER BOND STEERING COMMITTEE MEMBERS THAT PARTICIPATED AS WELL. SO I REALLY APPRECIATE YOUR HARD WORK.

MS. STANLEY.

SO I JUST WANT TO SAY THANK YOU AS WELL, BUT I ALSO WANT TO ENCOURAGE ANYONE LISTENING, WATCHING AND THE ENTIRE COMMUNITY TO MAKE SURE THAT YOU COME OUT AS WE GET ROLLING WITH THIS, THAT YOU CAN ASK THE QUESTIONS AND UNDERSTAND JUST WHAT GREAT THINGS ARE GOING TO COME TO THE COMMUNITY WITH THIS BOND.

THANK YOU. MR. GLICK? YES. THANK YOU, SIR.

I APPROACHED IT A LITTLE DIFFERENTLY.

MY COMMITTEE MEMBERS HAVE HAD EXPERIENCE IN THE 2014 BOND.

THE OTHER WERE NEW, SO I GOT A DIFFERENT PERSPECTIVE OF WHAT THEY THOUGHT WAS GOING ON , AND THE MORE SENIOR PEOPLE, HOW THIS COMPARED TO BACK THEN.

I THINK MOST IMPORTANTLY, YOU HEARD TODAY ALL THE WONDERFUL THINGS THAT WE'RE GOING TO BE PRESENTING TO THE PUBLIC IN MAY AND DR.

LOPEZ AND THE STAFF AND THE TRUSTEES WILL BE AT MANY, MANY VISITS, MANY PRESENTATIONS, ASK

[03:10:03]

I THINK THAT'S REALLY IMPORTANT.

I THINK WE'LL HAVE ANSWERS TO YOU.

WE CAN'T BE ADVOCATES FOR THE BOND IN THESE PRESENTATIONS.

WE CAN BE FACT GIVERS, WHICH WE WILL BE.

I THINK YOU HEARD ALL THE FACTS TODAY, ALL THE NEEDS WE HAVE AND ALL THE GREAT THINGS WE'RE GOING TO BE DOING.

YOU HEARD AT THE END, WE TALKED ABOUT THE IMPORTANCE OF SCHOOL SAFETY.

WE KNOW HOW IMPORTANT THAT IS.

WE TALKED ABOUT THE NEW PROJECTS WE'RE GOING TO BE DOING AT EVERY ONE OF OUR SCHOOLS WE TOUCH THIS BOND. SO, AGAIN, THANK YOU VERY MUCH, AND I URGE ALL THE TRUSTEES, WHEN IT COMES TIME FOR THE POLLS TO OPEN, THAT WE'D BE OUT THERE BECAUSE WE'RE THE FACES OF THIS DISTRICT THAT THEY KNOW AND THEY TRUST.

THANK YOU, SIR. ANY OTHER COMMENTS FROM THE BOARD? OKAY, THEN WE HAVE THE NEXT ITEM ON OUR AGENDA ITEM FIVE, WHICH IS EXECUTIVE SESSION.

[V. Executive Session]

PURSUANT TO TEXAS GOVERNMENT CODE SECTION 551.074, WE'RE GOING TO HAVE DISCUSSION AND DELIBERATION REGARDING PROJECTED ENROLLMENT ITEMS. IT IS 2:14 P.M, AND WE'RE MOVING TO CLOSED EXECUTIVE SESSION.

GOOD AFTERNOON, IT'S 3:29.

[VI. Reconvene from Executive Session]

I WILL CERTIFY THAT NOTHING WAS DISCUSSED IN EXECUTIVE SESSION THAT WAS NOT LISTED AND POSTED IN THE BOARD AGENDA.

SEEING THERE'S NO OTHER ITEMS AND THERE'S NO ACTION THAT WE NEED TO TAKE FROM EXECUTIVE SESSION AND THERE'S NO OTHER ITEMS ON THE AGENDA OTHER THAN ADJOURNMENT.

[VII. Adjournment ]