February 21, 2017 - 5:30pm

REGULAR MEETING OF THE MEASURE AA BOND OVERSIGHT COMMITTEE

ROLL CALL

ORAL COMMUNICATIONS
Public comment on items not on the agenda.  Each speaker will ordinarily be limited to three minutes; however, the Brown Act (Open Meeting Law) does not allow action by the Bond Oversight Committee on items not on the agenda. If you wish to address the Committee, please complete a speaker card and give it to the District Clerk. Individuals are limited to one appearance during this section.

1. Approve January 31, 2017 Measure AA Bond Oversight Committee Minutes

2. Review documentation supporting the Selected Sample Transactions

Staff Contact: Stefan Jaskulak, Chief Financial Officer/Director of Administrative Services
General Manager’s Recommendation: Review the Measure AA documentation supporting the sample expenditures as selected on at the Bond Oversight Committee (BOC) meeting on January 31, 2017.  This review will enable the BOC to obtain reasonable assurance that expenditures incurred were solely for uses, purposes, and projects authorized in the ballot measure language for Measure AA.

3. Strawman of Final Bond Oversight Committee Report to the Board of Directors

Staff Contact: Stefan Jaskulak, Chief Financial Officer/Director of Administrative Services
General Manager’s Recommendation: Review the attached strawman report for the Bond Oversight Committee to use as the foundation for their report to the Board of Directors.

4. Review of Timeline and Future Meetings

March 14, 2017 Finalize Report to the Board

April 12, 2017  Board Meeting and Presentation of Findings

ADJOURNMENT

Unless otherwise noted, all meetings take place at the District Administrative Office - 330 Distel Circle, Los Altos, CA 94022.

Regular Meeting agendas are posted 72 hours prior to the meeting. Special Meeting agendas are posted at least 24 hours prior to the meeting.

In compliance with the Americans with Disabilities Act, if you need assistance to participate in this meeting, please contact the District Clerk at (650) 691-1200. Notification 48 hours prior to the meeting will enable the District to make reasonable arrangements to ensure accessibility to this meeting.

Minutes usually are not available until two to four weeks after a Board meeting. Please note that formal meeting minutes are not taken at Committee meetings or some Special Meetings of the Board (that is, study sessions or public workshops).