Prop 39 Performance Audit – June 30, 2010
Prop 39 Financial Audit – June 30, 2010
Prop 39 Performance Audit 2009
Bond Measure Details
The original Santa Monica College bond program that financed the Main Campus and which included four separate bond elections ended in 1966, over forty years ago. The 1994 Northridge earthquake caused a great deal of damage to the College, resulting in a number of temporary buildings that are now nearing the end of their life cycle.
Bond Details:
View more information on Measure U
View more information on Measure S
View more information on Measure AA
DOCUMENTS TO VIEW OR DOWNLOAD:
Bond Sales 3-31-11
Phase I – For Safety & Modernization at Santa Monica College
The Santa Monica College Board of Trustees placed Bond Measure U on the March 5, 2002, ballot that authorized the College to issue up to $160 million in bonds for capital improvement projects at the College.
Funds from Measure U must be used to:
- Increase educational opportunities and raise student achievement;
- Replace or repair deteriorating buildings and related facilities;
- Construct, furnish, and equip classrooms, laboratories, learning resources, and related facilities;
- Upgrade computer technology and energy saving equipment;
- Improve campus safety, fire security, parking and lighting;
- Improve or acquire real property; and
- Complete earthquake retrofitting.
The list of projects to be financed under Measure U includes:
- Replacement of the earthquake-damaged Liberal Arts building
- A new Student Services Center to relocate programs out of temporary buildings and to restore campus open space
- Construction of a new addition to the Science Complex for Nursing, Environmental Sciences, Earth Sciences, Math and related programs
- Acquisition of property to provide off-campus parking
- A new home for the highly popular Emeritus College for older adults
- Construction of underground parking garages
- Construction of a new Literacy Center building
- Renovation of campus Main Stage Theater to meet modern teaching standards
- Modernization and renovation of Student Activities Building
- Central utility plant and distribution system to reduce energy costs and improve the environment
For more details and facts, please the Measure U Oversight web page.
DOCUMENTS FOR VIEWING OR DOWNLOAD:
Measure U Reports 06/30/11
Measure U Reports 03-31-11
Phase II – Issuance of general obligation bonds for specified school improvements
Measure S authorizes the sale of $135 million of Bonds for capital improvement projects within the cities of Santa Monica and Malibu or at sites that share a boundary and are contiguous with the Cities of Santa Monica or Malibu. None of the bond proceeds can be taken away by the State of California.
The college district proposes to maximize the use of bond proceeds available as a result of this authorization by entering into partnership agreements of various sorts with other public agencies whenever feasible. These would be called Cooperative Agreements. Public agencies entering into such agreements would be expected to contribute real property, planning, site preparation, easements, management or other assets to some of the projects identified in the measure.
The district has identified a minimum of $70 million of Bond proceeds proposed to be dedicated to capital projects to be done under Cooperative Agreements.
This amount includes no less than $45 million of bond proceeds proposed to be dedicated for capital Projects to be done under Cooperative Agreements within or adjacent to the city limits of the city of Santa Monica. If no partnership develops, the district intends to make the most efficient use of Bond proceeds by other means to achieve the educational and public benefits of this Bond Measure.
This amount also includes no less than $25 million of bond proceeds to be dedicated for capital Projects to be done under Cooperative Agreements within or adjacent to the city limits of the City of Malibu.
Specific projects (not prioritized) include:
- Replacement or renovation of Health, Fitness, and Physical Education Building.
- Site acquisition and improvements in the District for field space, especially women’s soccer, in order to make available a complete offering of District-provided programs in Health, Fitness, and Physical Education.
- Site acquisition and improvements in Malibu for instructional facility of no more than 25,000 assignable square feet and field space.
- Retrofit existing District fields or other fields available to the District for year-round usage.
- Improvements to provide childcare and an Early Childhood Development lab facility.
- Replacement of earthquake-destroyed tennis courts.
- New Music and Performing Arts Complex to support new University of California admission requirements.
- Upgrades to existing and future District facilities, including Projects done under Cooperative Agreements, for energy efficiency and to meet modern sustainability practices.
- New Career Opportunity Center to support programs in emerging technologies and to compete for State and Federal grants.
- Satellite campus parking facilities and roadway improvements.
This information and more is from the Smart Voter website through the League of Women Voters.
DOCUMENTS FOR VIEWING OR DOWNLOAD:
Phase III – Career & Educational Improvements
The Master Plan for the renovation and replacement of aging facilities at a college like Santa Monica College is always implemented in phases and voters are asked to approve the financing in phases as well. Measure AA is intended to finance the implementation of the third and final phase of the SMC Master Plan approved in 1998, a practice that is similar at other institutions.
Measure AA is focused on renovating or replacing worn and obsolete facilities that no longer meet current fire, mechanical, electrical, energy and ADA codes and seismic safety standards, or are incapable of being effectively adapted to newer technologies. Measure AA will make environmental improvements to campus systems resulting in a more sustainable facility. In addition, Measure AA will provide funds to modernize energy systems to reduce energy use and water consumption, improve environmental performance in all projects.
Projects included in Measure AA are:
- A replacement math and new science wing on the main campus.
- A new career opportunity and career advancement instructional and job-training building on SMC’s satellite bundy campus.
- Relocation of broadcast, TV, video, electronic print, and station KCRW to SMC’s academy campus to improve training for new media and technology driven career fields.
- Replacement of Corsair Stadium to meet seismic safety standards.
- New bus pull-out and shelter on Pico assists in reducing traffic congestion.
- Community classroom joint-use projects.
For more information please visit the Yes on AA website.
DOCUMENTS FOR VIEWING OR DOWNLOAD
