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2026-11-02 - Bond Advisory Committee

Summary

Built from the posted agenda and auto-generated captions; names and figures may be misheard. The video is a 4:40 clip that starts at agenda item 3.C and covers only the end of the meeting, so the first items and the minutes vote are not on it. Minutes are not posted.

  • Four recommendations to City Council on 2017 General Obligation Bond unlisted funds.
  • $1,448,480 (Prop 13) to listed project MB-1473, New Fire Training Center, part of a combined Police-Fire Training Center near S. Midwest Blvd and I-240 (Ward 4); see Police-Fire Training Center Bond Allocation.
  • Three unlisted projects: bridge improvements UPBC-0002 ($82,707, Prop 2, all wards), intersection safety improvements TC-0733 ($275,000, Prop 3, Wards 4 and 6) and drainage improvements UPDI-0002 ($128,115, Prop 10, all wards); see 2017 GO Bond Unlisted Project Allocations.
  • Intersection safety improvements and traffic markings (TC-0733): staff asked for $275,000 for engineering design, about 13 to 14 percent of estimated construction. An ACOG/ODOT grant has been approved to cover 100% of construction. Locations are mostly downtown plus one off Eastern and SE 15th. A member said the figure seemed high; the motion passed on a voice vote.
  • Unit price drainage contract (UPDI-0002): $128,115 from unlisted funds for emergency drainage needs identified by the drainage channel; the motion passed on a voice vote.
  • G.O. Bonds Executive Summary: about 45% of the 2024 sale year and 11% of the 2025 sale year remain; most of the remainder goes to city facilities, drainage and bridges. No questions.
  • No new business or citizen comments; adjourned.
  • Informational item (agenda): G.O. Bonds Executive Summary as of October 13, 2026.
  • Minutes of the August 3, 2026 meeting to be approved.

Agenda

  1. Call to order / agenda
  2. Approve minutes of the August 3, 2026 meeting
  3. Items for consideration
  4. Informational items: G.O. Bonds Executive Summary as of October 13, 2026
  5. New business
  6. Items from committee members
  7. Citizens to be heard
  8. Adjournment

Sources

Video

Watch the video

Transcript

*These are auto-generated captions; names and numbers may be misheard.

Transcript

00:01All right, well, moving on, we have item

00:03three, which is another unlisted

00:05project. This is a intersection safety

00:07improvements and also traffic markings

00:11at several different locations as you

00:12can see on the map. They're all pointed

00:14out. The majority of them are here

00:15downtown and then there's one off of

00:18Eastern Southeast 15th. Uh we're

00:20requesting $275,000

00:23right now for engineering design. We

00:26have successfully

00:28submitted and been approved for

00:30an ACOG ODOT grant, which will be

00:33covering 100% of the construction.

00:40>> Ryan, how did you come up with the

00:41$275,000?

00:43>> We just went ahead and went off off of

00:44off of our history uh percentage-wise

00:46off of total estimate construction, did

00:4913 14% something like that.

00:52And [clears throat] it gives you about

00:52250, so we have a little contingency

00:55built in case there is

00:57um maybe structural needs, you know,

01:00retaining walls, things like that.

01:01>> It seemed a little high, but with all

01:02everything else, that makes sense.

01:09>> Any other questions?

01:13All right. I'll uh entertain a motion

01:15for this project.

01:18>> Motion, yeah.

01:20>> I.

01:21>> Second?

01:24All right. All those in favor?

01:25>> I.

01:26>> I.

01:27>> Any opposed?

01:29>> All right.

01:29>> Motion passes.

01:34>> All right. For the fourth and final

01:38uh item for consideration is a

01:41another unlisted uh request for the unit

01:44price drainage drainage contract. Um

01:48this request is for $128,115

01:52out of the unlisted funds from that

01:53prop. Uh again, just like the bridge

01:56one, this is for the drainage drainage

01:57needs.

01:58Um

01:59>> [clears throat]

01:59>> our drainage channel identifies projects

02:01that be taken care of and this is a

02:03quick way to get emergencies taken care

02:05of.

02:13>> Any questions?

02:17We're too easy today.

02:20We'll entertain a motion.

02:24>> So moved.

02:26>> Thanks, Doug.

02:28Is there a second? Okay, second. All

02:30those in favor?

02:31>> Aye.

02:32>> Aye.

02:32>> Any opposed?

02:34All right, motion passes. Thank you,

02:36sir.

02:37>> Yeah, with the weather we figured the

02:38drainage one would be a good one to to

02:40bring up today, so thank y'all.

02:42>> Thank you.

02:46All right, we will move on to

02:48informational items.

02:51The GeoBond executive summary.

03:08>> Can turn your microphone

03:21>> Uh we still have remaining uh 45% of our

03:252024 sale year, down to 11% of 2025 sale

03:29year. Uh this breaks out the expenses

03:32and the revenue for each of those sale

03:33years.

03:35Um

03:38and then

03:40on our I think on our following slide

03:43uh we've also got the breakdown of the

03:46propositions. Is there another slide?

03:52Okay.

03:53Uh roughly most of that is going to city

03:56facilities, drainage,

03:59and

04:00uh bridges, I believe.

04:05Are there any questions?

04:09I don't think so. All right. Thank you,

04:10sir.

04:15>> Okay.

04:16Uh uh um

04:17move on. Any new business? I don't see

04:20any new new business on the agenda.

04:23Any items from committee members?

04:28Any citizens to be heard?

04:33All right.

04:34We'll consider this meeting adjourned.

04:36Thank you, everyone.

04:38>> Thank you.

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