CorpusRecord 9884

Bond Oversight Committee Meeting- 6-18-25

A searchable transcript preserved as part of the Discourse Corpus. Passage numbers provide stable references within this record; verify quotations against the original recording when available.

Source
YouTube / PutnamSchoolsTV
Date
2025-06-24
Location
Putnam County, FL
Material
Transcript
Extent
9,942 words · about 56 min
Collected
2026-06-01

Transcript

Verbatim source text

001for the bond over my nerves. Standing the pledge from the flag to the flag of the United States of America and to the republic for it stands nationy [Music] and justice for all. Lord, we thank you for the opportunity to come together tonight to try to take care and foster a most important asset for Breton County, our students. We ask that you continue to guide us, give us wisdom, give us patience as we continue through this journey. Bless this food that we have here tonight, nourishment in our body to serve you. Jesus name we pray. Amen. Amen. Thank you all for being here in a warm sun summer afternoon evening. We have our mutual callus suspect our normal group we do have two school members join us speak you know um Laura Laura how bmly

002first order of business is our minutes from the last meeting should have been on email Have a copy of your packet for approval. Second. All right, we'll move to first item on the agenda. Good evening everybody. I guess this is hot. Um so the the title of this particular item is discussion bond oversight committee's responsibilities for projects in phase two. So, I intend to just bring this up because it came out um it came up internally. Um and so I said, well, it's a good question to bring up at the the committee itself and then let them decide, you know, because either way, every nickel that we spend will be reviewed by a committee of some sort. Um but then when we look at the bylaws, it becomes a little bit fuzzy about who's supposed

003to be looking at what. Um so I did ask Alice to print a copy of the bond. um oversight committee bylaws. I believe they're entitled. And I just have a couple areas highlighted. You know, you're very f familiar with this document, so I don't need to go over all of this again, but if you go down to see on the second page again where it's highlighted, it talks about the term, and it says you guys are to serve for three years. And then it also says that um you can be reappointed um for another term uh if the board member who chose you so chooses to do so again. Um it also says it would run from January 31st to the subsequent January 30th I believe. Actually it does say 31st again. So for a

004total of three years. And then um if you go to the following page, all that's pretty pretty cut and dry and pretty clear talks about duration. And the duration is the committee shall exist through the date of completion of the projects to be funded by the general obligation bonds including the expenditure of and accounting for all of the general ob obligation bond proceeds or proceeds in each phase. So essentially, you guys are on the hook for round one projects or phase one projects, which is Crescent City Elementary and Kelly Smith, I'm sorry, Palaka Intermediate School. Kelly Smith is in the second phase. But if you look at your agenda, it has a couple items on it. Tonight's agenda, one being the purchase um of the land um which we intend to talk about, you know,

005as much as you want. um but it's a it's an item that was purchased with the intent for it to be um property for a round two project. And then another thing was just the issuance of the round two bond itself and the you know the money that goes along with that. Now, one of the things I did skip that's highlighted and you can also have a conversation about this if you chose. Again, it's it's uh your committee talks about attendance and and uh if you miss Alice is at three without me going back and reading um you're supposed to be replaced or whatever. Again, um this is your committee. I'm not here to police it, but these are things worth talking about. So um I think the the spirit of the way this document

006was written was for this to be broken up into three distinct phases and you guys would be responsible for phase one and then if any particular member is chosen again for a second term then you would be a part of a new committee and then you would review everything in phase two. Um, and with that wisdom, um, it really doesn't matter when they come in and start because there's not a lot happening, but there are some things happening. Number one, the issuance of the bond for, uh, phase 2 itself, which we have on the agenda, the purchase of the property, which we have on tonight's agenda. Um but we've also um brought on a architectural firm for each project and we're in the process for choosing of choosing um construction management firms for round two

007projects. Those things will come with some expenses. So the question that I'm posing I guess to you guys is do we talk about that? Do we report on those things or is that even you know your territory or is that a question we take back to the board? Um but some of those things are starting to pop up. So these are just questions I'm posing and and um chairman I'll gladly turn it over to you and you can facilitate the conversation. I would personally think it's up to the school board itself. I I agree with that but that's not what I'm speaking about. I'm speaking specifically about round two projects. I think if we're on this board, we're going to talk about whatever the school board's doing regardless if it's phase one, phase two, or

008phase 25. If we're on this committee, we're going to talk about where do you read phase one? Okay. Um, I didn't see that in the language. It's in the very last section. It says accounting for all general obligation bond proceeds in each page. It's not definition of phase one, two, and three. We're dealing with school board money and we're on this committee. We're talking about it does say in each phase. I mean that's the last sentence. Yes. Um I would like to table this discussion till Don the schoolboard attorney is pressed to the legal opinion. Now our terms are not up until technically it's April. That's true. We're discussing it now. I like to have a leaf home with him and he aud Well, again, we're we are prepared to discuss the the items on

009the agenda tonight because we hadn't had this conversation before and I don't think we're really breaking any rules. And again, all of this stuff has to be reviewed by a committee anyway. So, may may maybe not. I mean, that's up to interpretation. end of our reader terms what they want to do with us. I'm only referring to the committee discussion about discussion of the things we're going to be discussing about schools and right I'm under the impression that we're here for three years. So we talk about the the activities for three years whatever happens during our three-year term and we won't know until when when's our three years up? April technically it's April. So, and we can be reappointed for a second term by school. Yeah. So, we talk about everything. We listen to everything.

010I thought if I read that paragraph, I don't get that interpretation at all. What interpretation? That's for each phase. Eventually, it was do all phases. That's the term of the duration of the phase one. I was reading the phase of the bond. Phase one of the first trial department. Right. And right and and so the the draw of phase two would be for phase two projects. This doesn't read it reads that for three years you do every phase you're doing. If you did 10 phases you have to review them all. That's how it I agree with Dr. Hunter. Unless it specifies specifically that the only thing we're going to discuss then we can discuss it. Unless it specifies the school board. Okay, that's all I have. duration of the community of the project to be

011funded by the general obligations in each phase, right? No, this including expenditure and the county for all general obligations in each phase. So that means we until we're reappoint somebody else. Okay. So, so, so I think um the conversation now has shifted to are we talking about phases in terms of discussing whether No, no, no. I mean, talk about whatever money and what's happening with that money. I don't it doesn't matter. That's the way I So, I have I have a question Thomas and don't take this personally, but there a problem somewhere in the cog wheel somewhere that's questioning us as a committee having that no no it's not um so so the the conversation that came up internally um is you know we were under under the impression again internally whether right or wrong

012and we can you know and it's and again I'm I'm not here to debate it it's your conversation the things that you wanted to talk about are on the agenda and if you want to talk about the things that are here and it's the will of the board, we'll we'll gladly do it. But the conversation that came up internally um was that our revitalization plan was broken into three distinct phases. Um and then we were having a bond oversight committee for each phase and you know it's each each individual member can be chosen for two consecutive phases. So that was the conversation when we started going into round two stuff because they're bleeding over. And I think when these were written, it was kind of the assumption that it would be three clean phase one

013projects, stop, get a new committee, phase two projects, stop, get a new committee. But it's not working like that. So that's why the conversation came up. Not that we we're uncomfortable talking about anything. It just naturally came up. Misinterpretation. Yeah, since the date of the project it says bond proceed in each phase doesn't say that you give a new committee. It's until we're somebody else is appointed. Yeah. Reappointed we keep on going. I think more important. Very good. We just wanted clarification. Um I do want to ask the committee because it was brought up in this discussion about attendance. Um, I'm not Mr. at least I think three meetings in a row. I don't mind reaching out. Um, would the committee like to have Alice or Dr. Ser someone reach out to him and see

014if he plans to attend or want to take action? Who who appointed JR? Maybe that person should reach out to him. Mr. Chairman, yes. It does say uh who fails to attend three consecutive regular meetings at the committee without just calls. We don't know whether he had just calls or not. Has he called? And that that would be the Alice or whoever's attend the school district to find out has he has he given just calls? He's given just calls and this doesn't apply by the word. I didn't hear from him last time at all. This time he just said I will not be with no explanation. So what do you think she would if he's not going to continue on? Wouldn't you be the one to appoint the next person? That's how it work. I

015would If you want to email me or anything else on this document, our next item, always fun and exciting, our timelines and updates. Who drew the short straw? Are you both? I'm gonna start. Okay. I have one question to get it out of the way. Um, in the two board two school board meetings ago, there was a memo about a 54 day change in the contract date on plaque A. I think that has already been reflected on our timeline. I think it was just something that needed to be put in the contract, right? Is that correct? That's correct. Okay, that's correct. Um, all right. I'm Greg, Greg Kelly with CRA Architects. I was going to give a quick overview of everything with the two projects, uh, Pala Intermediate School and Crescent City's uh, preK to

016six schools. Both jobs are going real good. U, we're moving right along where we need to be. I was going to ask each contractor to come up and they've got videos to show and kind of go over to answer questions about timelines, anything else, and I'll be there to back them up. So, with that, uh Todd, I'll let you come up and start for Osley. All right. Well, good evening, uh Todd Duffy. Uh again, Osley Construction. We're on the PLCA Intermediate School. Uh things are going really well out there. uh just kind of give you an update of and I've got this video. The video is not the most hightech. I had my superintendent walk through and he walked through with a vertical. So, unfortunately, it gets kind of narrow looking as you walk it

017through, but I'll pause it on a few spots. Maybe if someone wants to raise their hand and like freeze a spot, I can do it. It's a threeminut video, but basically just to tell you real quick the the overview of everything. All our exterior brick is done. The sidewalks throughout the campus are all complete. Uh our canopies are all complete throughout the you'll see the overview. They're all complete for the bus loop and parent drop off and all that. Uh the thing I mean we still have to put the electrical lighting in the canopies, but uh that's that's ongoing as we as we're going. And uh and then we're starting uh the parking lot areas and uh we already have limeroed in the drive the driveways for the bus loop and uh the entrances coming

018in to the site uh on the uh and within the next month we'll start having it all paved and everything. So it should be really starting to shape up and look, you know, pretty complete. Uh on the interior, things are going really well. We've had the permanent power on now for about a month. Uh our HVAC's have all been started up. So the entire campus now is is running under HVAC and is being climatized. So that's help all our ceiling grids are in place throughout the uh throughout the buildings. Uh we've started in some of the classrooms even have the ceiling tiles dropped in place, the lighting's in place, tack boards. Uh the last thing we've just now start we're starting the flooring in some of the classrooms and starting to work our way out.

019Um you know starting back from the gym area working this way. The gym floor is complete. The gym's completely complete with paint and everything. Uh sound boards uh the wall paddings uh except the only all the goals are in place scoreboard. We have uh the bleachers are being constructed right now and that's the last thing in the gymnasium, but it's basically complete. Uh you know, things are working at the end of this month. We have all the kitchen equipment coming in place. Uh so we'll start doing all those startups and and getting that that going. Uh like I said, the flooring's starting in the building now and and uh things are really just, you know, moving along well. So with that, let me see if I can start this. This is the tricky part. All

020right. So this is the entrance. Basically, that's our front entrance where the parent drop off will be. And that's the main administration area right there in the front. [Music] Pop off's going to be all the way down through that area. [Music] I'll just kind of freeze this. So, that back corner there that you see, that's actually the cafeteria in the back part. So, that's where all the deliveries and everything's going to be into shipping and receiving for uh office supplies and everything else comes to that back area. And then you see like the little dumpster pads and the uh the septic uh areas. Okay. Yeah. I'm not sure if I If you move the mouse to the bottom left corner. Let's see. Do you want to help me with volume? We can just mute it.

021Okay. Just mute it. Yeah. Yeah. There we go. Here we'll turn it really low. Okay, there you go. Yep. All right. And so this is kind of showing you the bus loop as it, you know, from that elevation side. This is actually the bus entrance is coming off of uh uh Brandy Lane and uh goes all the way up to that top left and you see where it kind of circles around and the buses come circling back out the same direction on that left hand side. over here on the right hand side that will be your play areas. Uh over here in this you know all this area will be play areas uh for for the kids. Oh sorry. Uh let me see if I can back it up again. Okay. Oh crap. [Laughter] All

022right. And now. Let's see. Now, where am I at though? Jeez. Yeah. Yeah. Thank you. Hold on. I think you set the video up right down here. Yeah. Okay. All right. There we go. All right. And this is starting the interior. So, this is the gymnasium. Like I said, unfortunately, my superintendent walked this thing vertically. So, we'll get better a view for you in the future, but uh this is kind of the tight part. You can see it's all painted out. Wall pads are in. Goals are in place. Uh just starting. All the flooring's in. Those are the bleachers getting ready to be put on this wall right here. [Music] And that kind of walks you out. This is actually your cafetorium. Um, you know, with the there's the stage and everything right here, you

023know, looking in front. So, you know, all the sophets and things are in place. This just your typical hall. The hallways are very long. You know, you can stand on one point of the of the the school and see all the way through the school at one of the hallways all the way through and then as it branches off into the different areas. This is just kind of like your like I said your typical hallways. You can see all the ceiling tiles in. We got the lightings in. This is a a typical classroom. Your marker boards and tack boards are all up. Your sinks are in place. Your bathrooms have all the utilities in place. Now, uh there's a few spots on the exterior part that maybe you don't see, but maybe in some of

024the videos that were missing some windows that have been backordered that are coming in. This is just a typical uh bathroom, but you know, mirrors are up, uh sinks are in place, we have all the toilet partitions are in place. Um it's, you know, complete and ready to occupy those things for the bathrooms. This is actually your media center. So on this, this is where you actually have two different entries um from the admin side. And then that other side that you're looking straight through is where you kind of the kids might access more from the classroom areas. And uh that's just the big open area. And then they have a lots of rooms to the side that are computer labs and you know little testing labs and things like that in this media center.

025And then again, this is just part of the exterior and the front entry and and uh just, you know, getting it getting it all wrapped up. [Music] So, I think that's it. Yep. So, so sorry the video is not, you know, wasn't wide pan. We'll get that fixed in the future. We kind of did this at a last minute part of it, but um you know, it's better than last time. Last time I didn't have the video at all for you. So, I'm I'm getting baby steps, you know, but the but the school the rest of it's going well. I'm a better contractor than I am videographer and all that stuff. So, but outside that, thank you guys. We really appreciate it and like I said, things are going well. Oh man. Oh, well yeah.

026Well, actually, yeah, I know Dr. Hunter's got other questions. Let me answer those. So, um, just speaking on some of the things. So, the overall project itself, we're at 80 80% complete, uh, basically on the project. Um, we still have a little just a little less than a million dollars left in contingency. Um there's not many many things that are, you know, popping up at this stage of it. As you can see, things are being finished out and and completed. Uh the other thing I didn't say is the off-site work has started. Um we did have a little bit of um that happened on Horseman Club, but between the county and the school board, uh we got that resolved, which that is great. And it's, you know, hasn't delayed us at all. We're actually going

027to start this week or this week or the first of next week starting to to advertise for the road shutdown. So that work will be completed within this next month um on Horseman's Club and Brandy Lane. So call call Greg. He loves them. He loves those phone calls. No. So um yeah. So, and then uh the other thing, you know, as far as like I know we had the time extension and things, we never asked for any additional general conditions. We still are running really well on our general conditions. Um even with the the overflow of of this, I mean, basically when things we couldn't go vertical on the project at the given time with the land use, we uh we we proceeded on. But the other thing I didn't do is I didn't put

028additional forces and manpower out there. That was going to be the push to have an August opening date. So that's where we saved a lot in general conditions as well. And uh the way I'm viewing it and things and you know played out, I mean we'll probably still have over half million dollars to give back at the end of this project with general conditions. Um, you know, the overall sales tax savings for the owner direct purchasing was like $730,000 is I think roughly about the pred projection of where it's going to end up. Um, the subs are finishing strong. Um, don't see any issues with them and uh overall don't have any issues. I don't know if that answered all of Dr. Hunter's questions. question. Well, you recall there only. Hey, first hund I've ever

029gotten. [Laughter] First of all, is that road business going to come in a contingency or is it going to cost? It already came. It came out of contingency. Yeah. No, it's not at a contingency. If it's just that change order and it's not that was out gas tax that we could use for the improvements of roads when it comes to new construction. So having that right it's not attached to project. That's right. I apologize. Reduces the GMP by $13 million. What is that? What was that now? This reduces the GMP by 13 million. That's all the owner direct purchasing. 13 million. That's that's how much you have in owner direct purchase. But again, you only have the sales tax savings of 6% of that. That ends up equaling into the So, it's kind of that

030it seems to lower the price to 47 million, but that's not true. That's No, that's You're correct. No, no. What your savings of of of that is the 730,000 is what? From an accounting standpoint, that's how we have to account for it. We have to take it out of our contract, put it, but you guys are then buying the materials as the tax exempt entity. I hate it. But it makes people do enormous amount of work in this case $700,000 in statement. Yeah. And uh there's no reason why except state law why you can't grant to the contract unless you $13 million. Okay. So still costing 60 million correct. Yes. Right. Maybe well minus so minus say out of 730,000 plus whatever contingencies come back and whatever savings we have in general conditions all those

031will come back off price rightion it's yeah it'll be close to two cost I mean for example total cost for each school include the cost of bonds include cost of there a lot of cost You pointed out this public we still don't have a number which is what did the school actually what yeah John we can fix so all around my issues but I'm going to come back to it I got you know I'm just car change by change orders not $12 million. Not as the complete savings of the project for yourself. You still paid for those materials. So you owner direct purchase these ceiling tiles that was an X dollar amount, but you still paid for this. Basically, Jonathan still wrote a check to the supplier for those ceiling tiles, but you ended up

032getting the 6% sales tax. for you to get the 6% sales tax, we have to take that pot of money from us and technically give it to you and you have to pay for it. You can purchase it and get the 6% savings. So, it's just it's an accounting thing. So, okay, the next guy, you know, I understand that it's like I buy the warranty when I say your car. Yes, but we still warrant. Yeah, we still No, we still warranty though. We still warranty all that money. We're still responsible for all that stuff. It's just an accounting. It's a bookkeeping thing for you to get the 6%. Right. I understand. I got you. I got you so far. Here's here's my point I'm trying to make and I probably won't do it well. If

033I'm educating the public and they know I'm on this committee and I'm trying to educate them on what's going on here and I show them this piece of paper, they're going to think that we through this save $13 million. Yeah. So, we've got to have some other kind of documents that are true form. And I'm not saying that we're trying to hide, right? No, there's got to be more form. We're not talking about what this thing really cost. I agree with you totally. And just just so you guys know, I I can do a summary sheet of the and then just show you just the tail the sales tax savings of it. Um I we keep that in house. I actually have our front office staff keep I say take all the owner direct purchase

034stuff put it back into the contract amount because when I'm talking at the end of a project I want to know what it actually was right because we need to know what the square footage cost of the overall project was easily do that for you if you want just to give you a quick spreadsheet putting that back in the concern about this is it's wrong I get it again our job get more trade. Yes. Is to keep the public informed on this and I just misleading and it's father. Yeah. I I don't disagree. I own a direct purchase. We have to though. Well, it's to it's it's to save that money. We we don't get any benefit from it at all. I tell you what, you can come with me to the club when I

035actually to do that. And just so you know, yeah, I I grew up in this industry and I saw enough of it to get as far away from it as I could for about 15 years. And uh actually, it's going to maybe shock the crowd. I was a missionary for 15 years and then came back into the industry. So I look at it a lot the way you look at it from just a layman's perspective how to make sense of this to the average person who's looking at it because some of the stuff is confusing. So I'd be more than happy to come and talk to and explain that to them. I just think if we have it here black and white is going to be a lot better than trying to explain but the

036parts like that we don't have that and again I'm happy to work with Jonathan on it as well but like yeah the owner like your FFN your architects furniture fixtures equipment all the stuff outside of that you know basically what you want is okay palaka intermediate started it's yes we can but I can help with that too. We can work on something for this then for this. Well, this is our pay apps, I think. Right. Oh, okay. We can we can change that up for you. Yeah, we can do that. Just to make it clear, this is just how we track it with the pay applications and everything. Yes. We wanted to make sure it comparable to that. Yes. Ton, I was asked. Yes. Um, is there a the play area is that covered? Is

037there going to be a cover over any of that? H shoot. Pull the plans up with I don't have the plans with I you know I I don't recall for some reason I don't believe there is. Okay. I I Greg, do you call recall that? Is there anything in the plans about area? Let me make a text. Yeah, I think yes. Mhm. You want me to call Jim and ask? Yeah, just text him real quick. I think both of Yeah, I think the only issue is the from what I'm understanding the bookkeeping has to do it this way. I have no problem with that and we need to see the way the bookkeeping has to do it. But we want another sheet, a little propaganda sheet like y'all's ad on TV that just shows exactly

038what what was the exact cost. Y just a little Well, what you know, but anyway, we can we can help with that. That's not a problem. Is the 13 million what he actually spent or is that before you the sales tax? That's before the sales tax. Then it might come back. Okay. Yeah. No. So this much and then he buys Well, you figure it's that much. He buys it and then gives give backus. No. No. It's it's that 6% savings is is accounted for at that. Yeah. It's accounted for in that change order. And so we can we can do the net what the true savings is because you still bought the materials just like when not to even do with any contract things but when Mr. Bolan is facility staff has to buy toilet

039paper you know they don't pay the sales tax for the toilet paper but they still have to pay for the toilet paper. So uh no there is on No, it's not covered on the plants. There's no cover on that. You have the gymnasium. I didn't think there was, you know, for rainy day things like that, but the stuff is not shown as covered. We ask for a code and ask for that. I think so. Yeah. We just need a code to say RX fees, land fees, all those things. How much did a school cost? bond fees. Is that is that we need a motion to do that or I think this discussion will get to the city. Yes. All right. And again, thank you guys very much. Appreciate it. Thank you if I know how

040to eject this thing. Oh, you don't? said there's a media. Yeah, something. Just stick one up there. Not that one though. You can go ahead and start. Good evening every I need this mic maybe. Yeah, sorry. Bill and I don't both fit up here. Um, good evening everybody. Thanks for having us back. I'm James Marini with Ajax. This is Bill Morgan Elliot with Ajax. Um, to go ahead and hit the the key points that we talk about, you know, we've been talking about, um, we're right around 54% on the GC's, Dr. Hunter and and group. Um, we have currently $950,000 left in contingency. That's uh uh you know, we're about probably about we're about 50% complete at this point. The the billing is like a month behind based on the last figures that I have

041in front of me. So, we're about 50% about 50% GC's and we have about a million dollars left in contingency. The contingency is very healthy. There's been some in-outs as far as some savings and some um costs to contingency that were um pretty much par for the course um during this during construction. Uh but overall very healthy contingency. Um our substantial completion date remains 216 and by 216 of 26 and by substantial completion that means you know contractually that means the building can be used for its intended use. There is still some punch and things like that to do after substantial completion but it remains um at the same date that it was at the last uh bond oversight committee meeting. Um, the owner direct purchase. Uh, we are currently, and I know this is

042a bit of a confounding topic, but we we we do it the same exact way that Osley does it because there's really no other way to do it. Um, from an accounting standpoint, we understand what you're saying, and we can certainly, just like Osley, put together, you know, a simpler sheet. Um, but we've done, I believe it's 111 million worth of deductive change orders at this point for owner direct purchase. Um, yeah. And right now the projected SA tax savings is well the current savings is 657. So our goal is the 8.85 uh 885,000 in savings. That's our goal for the end of the project. Um, so we still have some additional POS to get. Um the subcontractors are doing very very well. Um there's always challenges. Our site works subcontractor, the owner very sadly

043actually got into an ATV accident and passed away, but his company is you know stepping up. They're still doing what they need to do. Um the you know everything is has gone very very well on this project. Um, you know, anecdotal interesting thing. We just had the topping out party um this this week. And what that is is it goes back to kind of Viking days where when you put the top beam, so the top structural piece on a building, you kind of celebrate the workers that put it into place. And so we had that ceremony this past week. Um it wasn't exactly um lined up with when we put our top beam on because we're nearly dried in, but it's it's a symbolic. Um so we honored the workers um Ajax and the subcontractors

044as well as um CRA and consultants gave uh different prizes and such for the workers and it was really nice event. Um overall we just we remain very happy to be building it. Um, we remain good stewards of the money and uh, if you guys have specific questions about where we are um, in the construction process, Bill is there every single day and can answer anything you want to want to know. So, thank you again for having us. I point out doesn't have the roof on yet, but when it does be very close to dry, which means you get through the wet the schedule pretty much ready. That is correct. That's that's right. And actually, I think it's a little further on than it is even in this picture, Bill. So, you know, these pictures

045are, you know, obviously we didn't do them today. Um, but the goal is to be dried in um I think it's early first week of July. First week of July. So, it'll be dried in. Um, which is a huge milestone, Dr. Hunter, as you know. Um, and, uh, yeah. So, that's great news. Item on the move it up since you're up here. Absolutely. March 25th meeting related to awnings or canopies. Yes. I didn't quite understand it. All good. Absolutely. So contingency is there for um you know scope misses, scope gaps, um you know you find Jimmy Hawa built buried out there, you know just anything that that is unforeseen, right? Or um and so this happened to be a a larger one. So there was some confusion with both of our biders um for the

046uh walkway canopies. There was a change in the documents. the biders got it, didn't realize they got it. And so there was a portion of the of the canopies missed. And so when we put it, we had we had already just just so everybody knows, we had already put in several deductive CCRs for pretty significant amounts of money. One for uh $311,000 to replenish contingency. Um so a lot had gone in. Um, but our recommendation was the subcontractor did not have this in his scope. And so we could we did and talked to the subcontractor said, "All right, well, you know, let's talk about how much this is going to cost. Tell us what you what it's going to cost." They did. Then we said, "All right, now take out your overhead and profit," which

047they would have charged at bid time, right? And then we talked to um our client about it. You know, our recommendation was that we don't take this guy completely to task because it can impact future subcontractor participation in the area if a if a client is known as, you know, real hard. It was also a technically a first cost and it was also technically cheaper than it would have been bid time. So, our recommendation was to approve that, especially with the health of the contingency. That's all that is. it it to to us and and I'm not trying to sound like, you know, it's it to us with the overall up and down of the contingency, you guys are in fantastic shape. It was a a I think to some folks that saw it, they're

048like, "Oh my gosh, you know, what is that?" And I get it. I totally do. And I explained it to the board one evening. Um but that's what it was. Um simple mind. Sure. So you you sent out to get the bid to get the bids and then you added something to the bid or added something to the right and both contractors missed it. That's correct. It got missed. We when we put it in the GMP, it was not included. It was a an oversight. Um and it wasn't realized until a little bit later on in the project. Um this does happen. It's not something that we're like, "All right, we missed something. That's not great." But it, you know, it happens and and that is what that contingency is for. You know, you're not

049you're not you're not damaged. You're not increasing the overall contract value. Um so, you know, we don't just carb blanch just say, "Okay, we're giving this guy this money." We sit down with the team and we talk about the best thing to do. And as a team, that's what we figured. At the end of the day, it actually costs less because correct. Had you done it the f had we had not that not that we you know we should do this but had we gotten the bid the correct bid if you will on day one it would have been more because he would have had overhead and profit. he knew that he had a little bit of skin in the game and that he you I said, "Hey, you're going to have to Bill and

050I told him you're going to have to do something here, you know." So, he did. Um and and we did put that through our estimators and we did put it through other biders um to make sure that, you know, where he his estimate, his price was on par. And, you know, the other thing is is I mean, he could potentially walk and then we'd have to buy it anyway. So we, you know, we kind of had to do go at that point. So I was just trying to figure out. No, I'm not trying. Yeah. So there's a lot going on when you're bidding. We use building connected, which is a build bidding software. Um the uh information was there. It's it's a little bit lost in in translation as far as how that didn't get

051to the bidder. We didn't have a lot of bid coverage in uh in for canopies. Um but it it the research we did there wasn't a real big like you know you did this wrong, you did that wrong. It wasn't quite like that. So just for the committing it didn't increase the total. Correct. Probably going to end up with contingency left. Correct. I guess that's correct. Everything you said is correct. No big change. At least it wasn't the masonary. That's right. Well, thank you guys. Yes, sir. There's no change in our anticipated completion date. Yes, sir. Well, we got we just got handed out some back to this point which nobody likes. How much you think it cost to write a check to sh $7,000 to write checks to a system like ours? And so

052now we're processing all these payments just because we're trying to save this tax and I believe the legislature should be sympowed. They can walk in the same I was going to say if you start that petition I will sign it. I It's such a difficult thing to explain and people always think that it's it's there's something shifty about it. There's not on our end at all. It's it's like we would be, you know, it's it's just more work for us, but it it saves folks money. So So uh Okay. And my comments now probably going outside of the scope of what we're here for, but as an editorial comment and maybe Thomas, I'll hear this to you. You know, all these construction workers that are in our county are spending a hell of money buying

053a lot of stuff, even buying some cars and trucks. Great. Um, I think there's a there's a story that we should try to tell about that instead because and not let the newspaper come to it, but we go to the newspaper with a story about that because it's huge to our to our community. That's a really good point. When we when we go to Three Bananas for lunch or, you know, whatever, um, Bill, you know, we just bought a bunch of barbecue for our topping out. um you know these folks that we're giving our business to like I know the lady from Three Bananas now like by name I mean she loves us. So you're that's a great point is and actually that question was asked of me today. I'm sorry to that was asked

054of me today in the chamber meeting and the same question and they asked me how many uh workers and I'm asking both y'all how many total workers do you have that would be um I know a given day 150 150 on a given day that's what I said today what about oh yeah I mean similar similar similar okay some days more I think at least there was a contractor or sub in crescent city that joined your project because it was there work we also we hired a gentleman that lives how far does Mike live from the site two miles two miles from the so Mike is now an Ajax employee. He lives in Crescent City about a couple minutes from the job site. He's a full-time employee. Thomas, I cut you off. You were saying

055just going to say the same thing to everyone else and that's it's a terrific idea and I think I'll talk to uh Alicia Cahan, our uh PR person, PIO, communications um coordinator to do a story. That's great. Thomas, if you need any kind of information, factoids, anything like that, just holler at us. We're glad for us. Yes, sir. Another thing to keep in mind, like even when we were bidding the project for Black Intermediary, we had local firms that didn't have the capacity to do entire scopes of work. So, we partnered them with other firms so they could do part of the scope of work that they could handle. So, we got a half dozen local subcontractors and suppliers that have contracts on that. Their businesses are thriving because of That's a great That's a

056great point. So, Holly Pickkins, I'm sorry. No, please. Holly said yesterday in the board meeting, or was that today? Yesterday. I forgot. You had you had some former students that are working there, too. Nice. I also have she was a former teacher at the elementary school and um she her family home. She rents it RBO and she lives at the beach now. And it's been rented by construction workers very steadily. Ironically, she was a teacher. even down into the fishing industry. So, um, H2 gave a a fishing trip to the workers as one of the raffles and so that guide now will be taking one of the workers out as a prize for the topping out party. So, even to fishing, so that's good. [Laughter] Look for those receipts. Yes, ma'am. Just a quick question

057because we've got Boon Metal Systems coming in county now over there. You said Boon. Okay. Hoon. Okay. Okay. Yeah, I think so. Are they Aren't they one of those subcontractors? Aren't they doing something with the school? Is that is that not what's going on? Not that I'm aware of, but I want to know more. Want to know more? Dodge dealership. Gotcha. Okay. It's great. No, it's great. I have no idea. He's just sitting there smiling. He's always happy. The high school is coming along really fast. I know that's not our Thank you guys for always being so appreciate it. Good job. Thanks, Jonathan. I don't want to. Just stepped out for a minute. Well, I was going to give her the shot to go first because uh she's got a couple hour drive home tonight.

058We'll see if she we'll see if she wants to take that. Um and what you guys just got on a handout is actually a missing page from my finance packet. It's uh it's the most recent update for the prek to six in town. So, I'll go ahead and just start on what Laura's here to talk with. I did make I did do one print out just to give a little bit of information. Um we did sell the next 100 million. Um, we good. We uh did sell I was going to let if you want to stay up here, I was going to let you go ahead cuz I know you have to drive. Um, we did go ahead and sell the next 100 million. Um, while I was away in vacation a couple weeks ago

059in Tennessee or North Carolina, logged in and watched the interest rates come in. Um, Bank of America Securities got it with a 4.768 interest rate. Uh, we sold it at a premium of 4,112,537 and after fees we will uh walk away with 1031 1342450. Um, that is less than the first round and the interest rates are higher than the first round. uh about 60 basis points higher. Question come up some point. Yeah. Um there will be some sort of attorney's fees. I've actually got uh Okay. Yeah. You got all of them? Yep. Okay. um bond council fee would 70,000 um this time which was a reduction from the last one. Um and disclosure council fee was 56,000 which was lower than the last one. And I've got I've got a couple of these invoices on

060my desk. We're waiting till the actual closing tomorrow before we submit it Friday. Yep. Yeah. Or Friday. Total bond fees are more or less than last time. Less less total. Yeah. Total cost of issuance this time was 331 and last time it was 371. So maybe maybe 6056,000 less 50,000. Mhm. questions. When does the money actually show up at the final? That'll be Friday morning. So, we're getting on a call at 11:00 a.m. Friday. Um, I'm looking forward to seeing it. I've never I've never seen that number before. I mean, I've se I I was dealing with an interest to it. uh deep blue in our investment account, but I don't I still don't get in there where I see that actual number. They handle all that. So, this will be the first time in

061actual bank account I see that. So, that'll be fun. Um is we don't need money from these bonds to finish the two schools and we'll have it'll be here in time. And I I do I kind of wanted to point out as well that in our last meeting when we kind of spoke on a little bit, we told you the goal was to get the money in um where we would be around 25 million left from the first issuance. And with the first issu issuance and interest um we have approximately according to your papers 31 million left, but we've already spent 2 million this month. That's not on your papers. So, we're right right around 29 million. So, we got it in we're getting the money in just above where we wanted um so we

062wouldn't risk any overlap in your report. It has the unencumbered amounts. Mhm. But we know that the balance of the GMP still has to be paid. Is that that other words? It basically implies that we have in this one school 47 $37 million but that is all but we know that's really all committed in reality all that's right that's And right above that unencumbered amount, you'll see and we can we can get into that stuff in a minute, but right above the unencumbered amount, you have the encumbered amount of the invoices where of the POS we do have something for already. Um, but it's Yeah, you're completely right. It's all committed somewhere. Laura, can I ask you a question? So yes, the firm you work for does watch globally. Um we're a national firm, PFM

063Financial Advisors. So we're um the municipal adviser to the district. So we're your fiduciary. We're making sure that your best interests are being met um in this transaction. So you guys do this around the country for similar Yes. Yes. That's your practice. Correct. I lead the K12 practice in Florida, but we help with transportations, counties, waters and sewers, airports, all all sorts of stuff. And this kind of all new to me and I've learned as I've along. So, do you have to bid against other companies to get the business? Um, yes, we do do RFPs often. Sometimes, um, clients will piggy back off of other contracts or just do direct negotiations. Um, and if that's the case, then it's showing comparable fees with other clients in Florida. So, it's just a preference of how procurement

064runs the department. So, um, and so if you're bidding against other people, does it come down to winning or losing bids based upon attorney's fees or So, we're not attorneys. Um, so our bid is just like our fees. So the attorneys um are bid out often like we are as well or the or the same piggybacked or direct negotiation contracts. Um and so for some clients it is the fees. For some of them it's the expertise um depending on what the needs are. So sometimes they're willing to pay a little bit more for the expertise that's brought in um or or a little bit less if it's just price. Like I said, it's been a learning curve for a lot of us here seeing numbers that I've never seen before. You can tell by my

065right here. I've been around a while. But I just didn't know how your business operated because to us when we initially and I think the average citizen when they see those fees, they go these are very high. They're a consultant on So we do um as the financial adviser, we are looking at the fees. Um, so for my clients, not necessarily platinum because the fees were kind of in line with what we see in the state. Um, other places in the country, fees are sometimes quite higher. Um, but on attorneys fees and the attorneys, no, I'll call them and say that we need to negotiate this down. It's too high. Um, same thing with the rating agencies because we're right at the 100 million this time. Last time we issued 5,000 less, so the fees

066would be lower. Um, and this time we were able to say, you know, can you give us the lower fees because they do it on like a grading scale? Um, which saved money. So that is stuff that we're looking at. We negotiate out for like paying agent um to make sure that the fees are in line with what we're seeing across the state. Sure. What does Bob Gang actually do? He's a bond attorney. So he's actually writing your opinion as well. Um the taxexempt opinion. So, and he helped initially on the first setup with the validation process um of the bonds, which is why the fees were higher on the first transaction and have since gone lower. Actually works some finite amount of time on the second bonds and bills accordingly. So, it's a fee

067schedule. Um, but all of the documents that went to the board, other than the notice of sale and preliminary offering statement, which was what disclosure council had prepared, the resolutions that outline all the parameters within the bonds, those are all documents that they're drafting as well in addition to providing their legal opinion at the end. Understand, but does he work three hours to do that or is it worth 200 hours? I I don't know. I mean, it's not three. It's definitely more than that. I'm always skeptical about that. Yes. Yes. When does the first bond paying because we have to start paying the tax collector as soon as we start collecting money. So, yes, it'll go on the next tax roll um that will be due in November. And so, the first actual and so

068we structured this at the first coupon payment. So, just interest will be on January 1st and then the first principal payment will be July of next year. And that'll fall in line with the current pay schedule, too. And then you're out. You're out of phase. I read the offering by was rating the same as last time. Yes. So, okay. So, technically I think one dropped just a little bit between the first issuance and last issuance, but it dropped last year. So, we didn't change this year. So, the rating is similar to the first round. Correct. I think I I don't know what the exact was the Fitch. Yes, they dropped like one one little notch on their scale which we typically less a little bit less I think with the continuation they're worried about um

069and it's silly kind of sometimes when they do this the amount of debt that's being issued because this is unlike some other debt this is directly on the tax bill so it's like one to one um if the tax you know they have to pay this this is the most secured debt that anyone can issue as a municipality so um that was part of the conversation as well. You know, the finances are very healthy, which I think if Jonathan wants to get into that, that that's part of the discussion. So, we'll continue to talk to them. They do surveillance yearly um that we're involved with. And so, they will Yeah. Did you Did you advise not to do the second $100 million? Why didn't we go ahead with it? Because we did have discussions about

070that. um if we you know just go ahead and issue all of it at once. Um part of the thing is you have to legally um reasonably expect to expend those funds within three years and that was the determining factor when I went back to executive and told him of the conversation the spending 200 million in three years may not have been a guarantee. So, with that, we're making money and and we actually just had I haven't had a conversation about the arbitrage rebate yet, but she actually I think what two days ago when we were here signing yesterday might have booked short week. Uh when we were signing papers, she brought it up again and um there will be a conversation about that as well because uh we do have to look at where

071we are at with that. the investment rates are great right now, but you definitely, you know, the arbitrage that the IRS looks at and the IRS is also the one with the spend rules, you know, to reasonably expect. And so we had gone back and forth on that conversation to see if it would just make sense to do it all this time and it was decided not. We have to pay fees again. Well, if we would see what people Yeah, even even if we would have went for the full 200,000 we would have had increased fees. So in some sort you're going to pay those fees as well. So but then the taxpayers hit that extra whammy on the tax bills instead of being and hopefully interest rates will be more attractive. We can't argue

072that we're making money even though the cost of taxpayer is negative. Taxpayers make money when we have that money. You can't argue that tax reflects it. Anyway, I I'll just make make a quick point like on the bottom of your paper, it says on the one that was handed out to you just recently, it says 31 million unencumbered. That's off of not the 100 million we've sold. That's off the top, the number at the top. Yeah. That's off the 112 million that we've garnished through uh garnished. Is that the right word? Okay. Uh that we've gotten through both the sale, the premium, and the interest. So we we've actually when you look at it that way, we've spent over 80 million of the project, right? In that regard, we made $8 million whatever. I know.

073We discussed this last time. I think I forgot this email. I'll do it to make sure school board district does something to notify people that their tax bill reminding them that that part of their tax go Attorney might be good to be proactive. Wayne, the county keeps the million goes up. It goes up with the back. [Music] Thanks for coming. Sure. Any other questions? So, you were here yesterday, too? Yes. We signed all the documents so that we're ready to close Friday. So, we tried to get her to eat in one of our restaurants and stay in a hotel. And I did get gas. Yeah, you did get gas. Yeah. Thank you for being here. Drive safe. Don't sit down yet. I'm grabb any other questions for Jonathan. I'll go ahead and say on the

074on the pages that are titled other at the top over the course of the four months, we only had one bill hit. It was for $2,000 and it was on the digital assurance certification and it hit in the m month of May. um that is just our DAC. It's something we have to report to every month. Um they're part of this whole process. So, uh it shouldn't be back for a while. Um your other two pages you'll want to pay attention to, I guess, are probably the the May 31st month on the Crescent City PreK to 6 and the Placa PreK to 6. Those will have your most upto-date numbers dates on the bottom right. Correct. I forgot I don't have the plaque one. Mhm. If there was any cost outside the GMP that wasn't

075covered by the bond acquisition, are there any cost here that are outside the GMP other than the bond and the property and and the CRA payments? Uh I think we could state the road that we use the fuel tax for was one. Um we had that money sitting there for years. Uh we've never been able to use it on new construction in quite some time. So it is not on these reports. So question is there shouldn't be no are there anything we just can't see that's actually beyond the GMP. But that that's the only thing that I'm Yeah. That's the only thing that I'm aware of that's come up in regards to any of these schools that has had to be paid outside of bond funds that would not be on here. outside of the

076GMP understand other words if somebody slipped in a payment for a million dollars that wasn't Ajax or something like that and it got paid by you would be ski in in my office if it was let's say let's say in your scenario um let's say we got an invoice from a subcontractor which we've got ways we we send those invoices back get them like triple signed But um actually they don't even come straight to us at first. Uh but when they do come to us, we still send them back to get signed. Uh so if an invoice did come to our desk, that wasn't through the normal process. One of our first steps is always to call whoever our contacts are directly. Um we've caught a couple instances of fraud attempts by calling the vendors

077straight directly. Um, I think one of my first meetings in front of you guys, I told y'all about a $62,000 fraud check that uh we ended up getting reimbursed for and everything. Um, but that that was a whitewash scenario way up in New Jersey. Um, so we have we have procedures in place to catch anything out like that that's out of the normal. Um, if it got through those procedures, I mean, I don't think it would be just someone random sitting it in. the risk of doing all this material payments all these people but the point is if it was beyond the GMP you would let us know some correct I mean um do when we get the invoices it goes back it go it stays with Kim in my office and Mandy and maintenance

078um to verify that it is some a charge that's supposed to happen and not only is it a charge that's supposed to happen. But, uh, one of the examples I remember is I had to reach out to Todd Duffy one time because we had to get receipts because a little $30 $40 charge on one of them didn't have the receipt and we wanted the receipt. You you've shown it as a charge for something. Um, but just just little things like that. So Kim and Mandy actually right now review the invoices and there we are in a process right now where we're looking at um hiring another person to specifically have a hand in that as well um along with other things. But right now there is a twoperson process where they get the invoice, they

079verify the invoice, and then when they verify the invoice, I correct me if I'm wrong, Thomas, but the invoice then gets signed by Travis and by you, and it already has their signatures on it, and then it comes to us. So, it's got Travis, it's got Thomas, it's got CRA and then and it comes from the original group out at the schools and then it goes to our AP where if they see anything that stands out weird again, they're calling whoever the contact is, whether it's the vendor, whether it's Mandy to verify, I'm sure most of the time they probably walk right next door to Kim to ask questions first, but um there's a lot of eyes on it just to verify it is what it should be. But they verify within the question. I

080I would I would assume that aspect is directly associ. Yes. And I don't know exactly what Bandy's process is for checking. I don't know what Travis's process is for checking or Greg's or Thomas', but they I do know they have more of a uh true knowledge of the GMP than say I would if I was part of that process. Um so I I believe the answer to that would be yes, but I think maybe maybe they would be able to speak on that a little bit better. Any more questions? Thank you, sir. Mhm. Next item I for this was the purchase of the property school district. This is I'm just going to say it's part of the problem with our committee. everything after it's happened. Um I I don't know if we can answer it,

081but I have a question about the price that was paid. Um for those of you that haven't seen it, bought basically 10 acres of land that had a house on it for $500,000. The appraisal was $490 which included $258,000 for the house but I don't believe the school district. So to me we paid $500,000 for 10 acres of land. This property behind the west side on the west side. It's on the south the south adjacent to the south side of Kelly Smith. It's on the west side of the highway. I drove back there to save questioning whether it's needed or I'm questioning the negotiation that there was such thing and the comps that were given that in the appraisal five comps we just looked at the land was average 31,000 an acre or was there

082any negotiation? Our board attorney was the chief negotiator for this. Uh we did do an appraisal that you spoke of. Um, and he I wish he was here to speak for himself, but he was very surprised um that the appraisal came in as low as it did. He said, "I'll bet you a steak dinner the appraisal is more than actually what we're paying for." It didn't. It It wasn't. It came in just a little bit south of that. Um, but it was property that we needed very badly for the scope of the project that we're building. Um it's not just a piece of property, it's that piece of property um that we needed. You know, if it was across town, it wouldn't do us any good. Um so, and the beating balls have been very

083gracious. They didn't want to do business with anyone but the school district. They said, "If we're going to have neighbors, we want to have the school district." Um you know, I was told by people, including our board attorney, who are a lot smarter than I am, that it's a it's a good buy. So, we sent it to the board for approval. The board approved it and we don't quite own the property yet. Um, it's still being reszoned and it's been rescheduled now to July 1st. Um, but assuming that comes back clean, then we'll close on it. So, Thomas, you you said that they wanted to deal with school district as neighbors. So, was that just like a 10 acre parcel out of a bigger parcel they have back there? Their their home is uh contiguous

084with the 10 acres. Just do we pay real estate commissions on this property? No, sir. Good. Second question. Uh, you know, we had this trouble on portion stuff. Uh, I went by that look, that's lowland out there to the south. Um Greg, you want to come up and talk about the some of the geo reports? We we are in the process of dealing with water management right now to have that where we can mitigate that wetland there. So it's uh how much is total wetlands? It's less than it's a little more than a half acre. It's a little more than a half acre. The issue is do we have their signature that it's okay to Yeah. Yes, sir. We have we have it's okay to do it. We're in the process of doing it, getting

085permission to mitigate it now. We won't spend the money until all that is Yes. Yes, sir. We're We're not trying to get the card to head at the horse on this. Commence the project until we get that. No, sir. Second question on that. Is the county put in impact fees? Are we exempt from impact fees? So, that is being sold into the city. Um, so there's no school on the new There's no school if you build it on the old land. But the point is, does the school district have to pay impact fees land? I I didn't think we actually paid impact fees, but I wouldn't think we would. [Laughter] next month. Yeah. Think it would be an answer, especially since it's for the city. They're already in the city. I don't know if they're

086they're put on except property or not. I have to research that. So you said that's being annexed into the city to be all property because Kelly Smith school is already in the city. Correct. I think it's not been added to me yet. So if if the county is going to charge impact fees on the whole exempt, then the county will have the impact fee probably before it gets annexed into the city because it takes there's a process you go through to annex it in. If there's all everything's kind of getting all at the same time it sounds like between the county impact fees and annexing the city and if the zoning is approved and all kinds of stuff. I can't imagine you don't both the county and city ordinances say personal res school then the

087impact is the same to county and city services whether you're nonprofit or whether you're a way sport business you still impact city services county services which is an impact to the citizens who pay taxes so I think the school board argument was we should get some of those fees too that they already getting them issue, aren't they? No. Everybody's if they charge $7,000 for a house. Yeah. School. So, why did the school get more than the school needs to put impact fees on, don't they? Because there are several governing body or convince the county take it out. There different governing body. All right. But no surprises, right? We won't get a surprise later on. Surprises. Any uh any other committee members have any comments or question Thomas or superintendent? So, uh it's recruiting time, right?

088Recruiting new teachers and so forth. Yes. So, I guess my question is only because I was saw this for Charleston County. So I'm assuming u we're using our soon to be school new school that's recruited. Yeah, I believe they have I believe they have some literature with that on there. And then of course we the the recent thing at the Black Media we're putting that out on social media. So but I think some of the material that they're using for recruitment has that's a great story to tell if you're especially a brand new teacher. Absolutely. That's a selling point for Yep. Absolutely. Yeah. Yeah. Yeah. And I I'll double check that, but I'm pretty sure they you have that on the material. Mhm. So, we can inform the public. So, construction about 15 to the

089other. Whatever we do then we're going to be left short. So Thomas I think it's general plan shouldn't be surprising we discussed giving the report to the school board. We said probably wait until this bond issue is complete which has I was going to suggest that I do that in August on the agenda. Is there anything in particular y'all would like me to address with that report? So we allow are we allowed to see what you're going to report before you report it? I'd like to see and then we'll back the date of that meeting. process. Do we know the August board meeting day is about the same? So I'm a little concerned about that process inflating and the next school and because the GMP is generally written. So other than that we appear to

090be in the same course there's no there's no more brand new school that's incorrect Smith will be a brand new school. Yes, except for one one building will remain and Melrose for the most part will be a brand new school as well. Even though we'll have we have 300 student stations that will remain, but it will have a new completely new design and layout and new media center, new front office, new captorium and another classroom. I guess I guess there's no other schools be done exactly like these two from ground up. I mean there's majority of my Kelly demolish rebuilt but something from the ground up we can make the GMP. I think there's some issues when do demolition but I was not happy with the first demolition drive just by itself. small project sorted

091out, but if it's possible to do two big GMPs, including demolition, I think that's better. Although Tom said they have some issues about trying to do demolition during the summer, which makes sense. Well, yes, sir. If we could have we could have started the process three months ago, we probably would have come to the board with maybe a early GMP for a similar run on Melrose just because we'd like to get at least quite a few buildings out the way so to speak so we can get going there. But we'll just figure it out as it is because we're far enough along that process. Right now two big. Yes, Mr. Chair. Um, just for reference, August 5th and August 19th are the two board meetings. And so if you'll let us know which one you

092want to do, we can communicate that. And how about our next [Music] when do they is there. This is really We can see the see the bid the actual I mean the actual well I mean according to the bylaws you guys look at things after they would also be available to the public meeting anyway. Yes. Have our meeting in September. September third Wednesday. Does that meet our four meetings for a year? September 17th. I don't see any members of the public. Does anyone members have anything they'd like to say? Yeah. Um I can bring I brought it up to or last time of whether the school district should have a construction manager for just just these projects. something that we talked about a couple times. Travis comment on individually. Well, quite a few meetings back

093we we discussed the fact especially you on who's who's able to keep up with the fast pace and now you're getting multiple projects now getting ready to throw two more on the table. I really I just don't know if it's I personally have an opinion on what your oh that we should people that are doing these projects need support. I would I would do that. without limit. I don't know that we I'm not disagreeable with it, but I don't know that it isn't our perview to do that because we're following the money to the schools and by some stretch of the imagination, we want the school district to hire a construction manager to look at what's being done to the schools. We might be able to, but I'm not sure that actually comes under us

094following the money from the schools. It might I would think we might need a legal opinion on that one also, but I'm not against it, but I'm just not sure that that's something that we is in our field. We certainly talk to individual schoolboard members, couldn't we? So would that be would that be something that that person would salary and compensation package come under the bond committee money? I would think so. If it I mean it depends on how much time is spent on bond projects as opposed to special facilities. But that's all they're doing. Yeah. If that's all they're doing. Yeah. Because in that position once all bond schools are fulfilled and then you're you don't have funding source, right? high school. But that also as we take money out of the bond fund

095when you take a benefits and retirement the salary for someone that's more money coming out of the bond fund even though I know we're paying lots of people with the projects. I'm not sure actual salary from a school district employee is in the language of bonds. That's what I'm confused about. I I just don't it's something I mean my personal opinion we had that person that could have taught the zoning and couple things that were in the first that would back a lot of time not saying they were taught it but did that opinion not to I can certainly suggest suggested something consider you can't tell them what to do. Yes. I totally agree.

This transcript may contain errors introduced by automated or source-provided captioning. Bracketed descriptions such as [Music] are retained from the source. Passage divisions are editorial aids and do not alter the wording.