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>> I THINK WE'LL GET GOING.

[00:00:03]

I DON'T THINK WE'RE WAITING ON ANYBODY ELSE UNLESS ANYBODY HAS OBJECTIONS TO STARTING.

[1. CONVENE]

WE'LL START BY JUST DOING A ROLL-CALL AROUND THE ROOM.

START LEFT TO GO AROUND AND THEN HEIDI, I THINK YOU'RE THE ONLY ONE ON ZOOM, SO WE'LL CLOSE OUT WITH YOU.

>> [INAUDIBLE], BOND OVERSIGHT COMMITTEE.

>> KRISTIN BUYERS, BOND OVERSIGHT COMMITTEE.

>> DAN CORNELSON, BOND OVERSIGHT COMMITTEE.

>> STEVE GILES, BOARD MEMBER.

>> CHRISTINA MINGES, DISTRICT.

>> MARK DEBACH, DISTRICT.

>> JAMIE [INAUDIBLE], DISTRICT.

>> MARCUS COMER, CORNERSTONE GENERAL CONTRACTORS.

>> TIM JEWETT, DYKEMAN ARCHITECTS.

>> SAM CALMER, CORNERSTONE.

>> ERIC TRIP, BUNDLE HIGH SCHOOL.

>> [INAUDIBLE], CISG.

>> CAN KUYKEN, CISG.

>> [INAUDIBLE], BOND OVERSIGHT.

>> MIKE [INAUDIBLE], BOND OVERSIGHT.

>> [INAUDIBLE], BOND OVERSIGHT.

>> BRIAN LYNCH, BOND OVERSIGHT.

>> RILEY CORNELSON, BOND OVERSIGHT.

>> HEIDI.

>> AND I AM HEIDI HANSON WITH CISG.

>> PERFECT. THANK YOU.

NEXT ITEM IS TO ADOPT THE AGENDA SO IF ANYBODY HAS ANY CORRECTIONS, MODIFICATIONS, FEEL FREE TO CHIME IN NOW.

OTHERWISE WE'LL ENTERTAIN A MOTION TO ADOPT THE AGENDA.

ALL THOSE IN FAVOR OF ADOPTING THE AGENDA AS WRITTEN?

>> AYE.

>> ANYBODY OPPOSED? THE AGENDA IS ADOPTED.

SAME PROCESS FOR THE MEETING MINUTES FROM LAST MONTH.

QUESTIONS, COMMENTS, CORRECTIONS. FEEL FREE TO SPEAK UP NOW, OTHERWISE WE'LL ENTERTAIN A MOTION TO ADOPT THOSE AS WRITTEN.

>> I MOVE TO ADOPT THE MINUTES AS WRITTEN.

>> ALL THOSE IN FAVOR OF ADOPTING THE MINUTES FROM AUGUST AS WRITTEN.

>> AYE.

>> ANYBODY OPPOSED? MINUTES HAVE BEEN ADOPTED.

THANK YOU AGAIN, JAMIE.

>> MOVING ON TO PUBLIC COMMENT.

[2. PUBLIC COMMENT]

THERE DIDN'T SEEM TO BE ANYBODY HERE PUBLIC WISE, ALTHOUGH THERE'S A BUNCH OF PEOPLE HERE.

WE'LL MOVE INTO JUST ANY DISCUSSIONS OR PUBLIC COMMENT OVER THE PAST MONTH TO BRING UP.

>> I HAD A COMMUNITY MEMBER ASK ME ABOUT THE ELEVATION OF THE GENERATOR ON THE SITE AND HE WAS CONCERNED THAT IT WAS BELOW THE FLAT ELEVATION THAT HAPPENED LAST OR I GUESS TWO YEARS AGO WITH THE CTE BUILDING.

>> [INAUDIBLE].

>> IT'S HIGHER THAN THE CTE FLOOR. I KNOW THAT.

I JUST DON'T KNOW WHERE IT'S AT IN RELATION TO THAT.

I'M TRYING TO THINK OF WHERE IT IS IN RELATION TO THE PARKING LOT.

>> YEAH. I GUESS HIS QUESTION WAS HOW COME IT'S NOT AT THE SAME ELEVATION AS THE PARKING LOT.

I HAD SAID I HAVE NO IDEA, BUT I CAN CERTAINLY ASK.

>> RATHER THAN ANSWER RIGHT NOW, SOMETHING TO CHECK ON.

[00:05:07]

ANY OTHER PUBLIC COMMENT AND TYPE ITEMS THAT CAME UP OVER THE PAST MONTH? I GOT ASKED ON FRIDAY A LOT WHY THERE'S NOT STANDS ON THE OTHER SIDE OF THE FIELD.

I SAID BECAUSE THERE'S BIG ENOUGH STANDS ON THAT SIDE OF THE FIELD AND IF YOU CAN KEEP FILLING THEM UP WEEK AFTER WEEK WE CAN TALK ABOUT PUTTING STANCE ON THE OTHER SIDE OF THE FIELD, SO IF THAT'S A FAIR ANSWER, I'LL CONTINUE WITH THAT ANSWER.

YEAH, EXACTLY.

>> OR BEFORE?

>> YEAH. FOR SURE.

ANY OTHER PUBLIC COMMENT TYPE ITEMS BEFORE WE MOVE ON TO COMMUNICATION STUFF.

WE'LL MOVE ON TO 3.01, PUBLIC COMMUNICATION.

[3. UNFINISHED BUSINESS]

SAME THING AS EVERY MONTH, HAVE A NEW UPDATE, THE DASHBOARD, WHICH WE'RE GETTING REAL CLOSE TO CLOSING OUT ON.

LOOKS LIKE THERE WERE SOME UPDATES ON THE CRITICAL PROJECTS SCHEDULE, SO THANK YOU.

KEN, I THINK THAT WAS YOUR UPDATE DEAL.

THIS ONE, GOT UPDATED? I THINK THAT ALL LOOKS GOOD.

DOES ANYBODY HAVE ANY COMMENTS ON PUBLIC COMMUNICATION PIECES? I THINK THE BOND UPDATES CONTINUE TO BE GOOD.

SEEMS TO BE A PRETTY GOOD SOCIAL MEDIA PRESENCE WITH BONDS, STUFF KIND OF FILTERED IN WITH TYPICAL SCHOOL YEAR STUFF.

>> [INAUDIBLE].

>> REGARDING THE BOND OR REGARDING GENERAL.

>> BALL FIELD.

>> YEAH. I THINK THERE'S LIKE I'M SURE YOU GUYS ARE ON A SCHEDULE OF SOME SORT, BUT THERE SEEMS TO BE LIKE A DAILY OR EVERY OTHER DAY AT LEAST POST OF SOME OF SOME SORT OF SOME EVENT.

>> [INAUDIBLE].

>> YEAH. MAY I SAY THE COVERAGE OF THE FIRST FOOTBALL GAME WAS FANTASTIC AND, YOU KNOW, THAT'S SOMETHING WE'VE BEEN LOOKING AT FOR ABOUT FOUR YEARS LOOKING FORWARD TO.

THAT'S PRETTY COOL.

>> THANKS TO BRIAN. LOT OF WORK ON THAT. APPRECIATE IT.

>> I WAS TELLING THEM THE WHITE YELLOW FLASHING.

WHEN YOU'RE WATCHING IT FROM THE END ZONE, FROM BEHIND.

LIGHTS UP THE WHOLE STANDS.

IT'S LIKE THERE'S LIGHTENING OR SOMETHING BEHIND YOU.

>> NO ONE ELSE IN WHATCOM COUNTY IS DOING THAT.

>> NO, IT'S SUPER IMPRESSIVE.

>> THEN WE DID WIN THE GAME.

>> IT'S ALWAYS A NET POSITIVE FOR THE FIRST ONE OUT.

>> THAT'S CRITICAL.

>> WELL, I CERTAINLY APPRECIATE CORNERSTONE COMING TOGETHER AT THE LAST MINUTE TO SOLVE THAT PROBLEM BECAUSE THAT WAS A GAME CHANGER HAVING IT BE THE SIZE IT IS NOW VERSUS WHAT IT WAS ORIGINALLY.

THANK YOU. I APPRECIATE THAT.

>> DIMENSIONAL I THINK THEY'RE COMMITTED TO THE DISTRICT, BUT THEY'RE COMMITTED TO THEIR PARTNERS.

THAT WAS SOMETHING THAT DIDN'T SIT WELL WITH THEIR VICE PRESIDENT WHEN THEY LOOKED AT THAT.

THEY'RE HAPPY TO HEAR THAT IT WAS A SUCCESS FROM THAT.

>> MAJOR SUCCESS.

>> HAVING ATTENDED THE THE FIRST GAME IN THE STADIUM, WHICH WAS THE JV TEAM WITH THE SMALLEST SCOREBOARD.

THAT WAS VERY IMPRESSIVE TO GO TO FRIDAY NIGHTS GAME.

[00:10:02]

>> WE DID RECEIVE A MULTITUDE OF POSITIVE COMMENTS ABOUT THE STADIUM AND THE EXCITEMENT.

I THINK THE CROWD DEMONSTRATED HOW EXCITED THE COMMUNITY WAS.

WHEN I GOT HOME FROM THE GAME THAT NIGHT, MY WIFE ASKED ME HOW IT WAS AND I THOUGHT IT WAS PRETTY EXCITING.

I THOUGHT ABOUT IT A LITTLE BIT ON THE RIDE HOME.

ONE OF THE FIRST MAJOR UNDERTAKINGS, BIG PROJECTS WHEN I FIRST ARRIVED HERE IN 2005, WAS WORKING ON THE INFORMATION CAMPAIGN FOR THE 2006 BOND ISSUE.

FOR THOSE OF YOU THAT WERE IN THE COMMUNITY AT THE TIME, THAT WAS THE BOND THAT PAST BUILT CASCADIA AND DID SOME OTHER RENOVATIONS.

THE BOND, THE SECOND INITIATIVE FAILED WAS TO PUT TURF AND UPDATE THE STADIUM.

THIS HAS BEEN A PROJECT THAT HAS BEEN ON THE DISTRICT RADAR AND SOME OF US HAVE WORKED ON SINCE 2005.

THAT'S A COUPLE OF YEARS IN ANTICIPATION OF WHAT HAPPENED ON THIS LAST WEEK WHEN WE OPENED THE STADIUM. IT WAS PRETTY COOL.

>> HEY JAMIE, IF YOU NEED A KID TO CATCH THE FOOT BALL IN THE END ZONE, MY GRANDSON IS ALL ABOUT THAT. JUST LET ME KNOW.

>> HE'S GOING TO HAVE TO FIGHT WITH THE OTHER 250 KIDS THAT ARE BACK THERE EVERY DAY.

>> YES.

>> DID YOU GET YOUR EMAIL?

>> NOT YET.

>> NOT YET?

>> I'M GOING TO GO BACK [INAUDIBLE] HAVE NO IDEA.

>> I WAS GOING TO SAY THAT SOUNDS LIKE THEY'RE LOCATED A PERFECTLY.

>> WHAT THEY SAID THEY COULDN'T GET THROUGH TO THEIR SEAT [INAUDIBLE].

>> THERE'S NOT A LOT OF ROOM BACK THERE.

WHEN THE LINES TWO LINES COME OFF OF THAT AND WE DID SELL OUT, PICK CONCESSIONS TO HIM AND HE HAD A GOOD NIGHT, BUT THE LINES COME OUT SO YOU'VE GOT TO WORK YOUR WAY THROUGH IT AND THINK IT'S SOME FIRST GAME, ISSUES TO WORK THROUGH.

BUT I THINK EVERYTHING AND EVERYONE FIGURED IT OUT.

>> BECAUSE THEY'LL BE ABLE TO WALK UP AND USE THE, YOU KNOW, THE FRONT OF THE STANDS.

YOU DON'T HAVE TO WALK BEHIND TO GET TO THE OTHER SIDE OF THE STADIUM. YOU COULD HAVE WALKED.

>> YOU COME UP THE RIGHT SIDE.

>> THE RIGHT SIDE, AND THEN WALK IN FRONT.

THAT WOULD BE PROBABLY PEOPLE FIGURING IT OUT.

>> A LITTLE BIT OF LOGISTICS TO FIGURE OUT.

IT'S A DIFFERENT LAYOUT WITH HAVING THE ONE ENTRY EXIT.

>> I WOULD ADD THE PUBLIC COMMENT I GOT WAS ACTUALLY FROM OUR STUDENTS ELEMENTARY AGE, NOT BEING ABLE TO THROW A FOOTBALL ANYWHERE.

I GET THAT THERE'S SOME WIAA THINGS, BUT I WOULD LIKE TO LOOK, IS THERE A TIME BEFORE THE GAME THAT THEY COULD BE OR IS THERE A SPACE THEY COULD GO AND THROW A FOOTBALL BECAUSE THEY WERE ALL BAREFOOT BY THE END OF THE NIGHT, THROWING SHOES AND GETTING CREATIVE.

BUT I'M EXPECTING AN EMAIL OF ADVOCACY AROUND THAT.

>> ABSOLUTELY.

>> ANYTHING ELSE FROM ANYONE ON PUBLIC COMMENT, PUBLIC COMMUNICATION, THAT DEGREE.

WE'LL MOVE ON. WE'RE GOING TO PROBABLY JUST

[4. NEW BUSINESS]

ROLL RIGHT INTO NEW BUSINESS WITH THE FOLLOW UP BE IN THE DISCUSSION REGARDING CONTINGENCY BALANCES AND BUDGET RECONCILIATION.

WE'LL PROBABLY JUST ROLL RIGHT INTO THAT THROUGH 3.02, INTO 4.01, SEE WHERE SPENDINGS OUT AND THEN PROBABLY WORK RIGHT INTO THE PACK BUDGET.

I DON'T KNOW IF YOU GUYS ARE HERE FOR JUST A QUESTION-AND-ANSWER OR IF YOU GUYS HAVE A REPORT BEYOND UPDATE.

>> IT'S ONE ANOTHER, THE SAME HEIDI'S AND LAY IT ALL OUT AND HOLISTICALLY FOR THE ENTIRE JOB TO INCLUDE THE PACK.

I THINK MARK'S GOING TO KICK IT OFF AND JUST GIVE US WHERE WE CAME FROM, WHERE WE'RE AT AND WHERE WE'RE HEADING, AND THEN TURN IT OVER TO HEIDI FOR SOME SPECIFICS AND THEN HEAR FROM

[00:15:05]

CORNERSTONE ON THE RECENT DIGGING WE DID ON THIS EMR AND SOME CHANGES.

YOU'LL SEE THERE. WHAT'S BEHIND THOSE CHANGES AND WHY.

I'LL TURN IT OVER TO YOU, MARK.

>> THANK YOU, KEN. FIRST OF ALL, I'D LIKE TO SAY THANK YOU TO THOSE OF YOU THAT HAVE TRAVELED A LITTLE WAYS ON A DARK AND STORMY EVENING COULD BE HERE TONIGHT.

COUPLE OF OPENING REMARKS, I THINK JUST TO FRAME A LITTLE CONTEXT THAT THE CONSTRUCTION TEAM, THOSE OF US HERE AND WE'VE HAD AN INTERESTING COUPLE OF WEEKS.

WE'RE GETTING DOWN TO THE NUTS AND BOLTS OF THE PROJECT GETTING TO THE END AND BUDGET'S TIGHT.

STRESS LEVELS GO UP AS YOU GET TOWARDS THE END.

I JUST WANTED TO TAKE A MINUTE TO SAY THANK YOU TO EVERYBODY HERE THAT HAS CONTINUED TO WORK AS A TEAM.

IT'S BEEN A PRETTY REMARKABLE TEAM IN TERMS OF WORKING THROUGH SOME VERY DIFFICULT TIMES AND A TOUGH PROJECT.

WE KNEW THIS WAS GOING TO BE A VERY COMPLICATED, DIFFICULT PROJECT UNDER THE BEST OF CIRCUMSTANCES.

I DON'T THINK ANYBODY COULD ARGUE THAT WE HAVE BUILT THIS PROJECT UNDER THE BEST OF CIRCUMSTANCES.

REMEMBERING BACK TO THE BEGINNING, WE STARTED WITH A $20 MILLION DEFICIT THAT WE HAD TO MAKE UP BEFORE WE EVEN BEGAN THE PROJECT, BEFORE WE EVEN STARTED.

AFTER SELECTING THE TEAM AND BEGINNING TO WORK THROUGH THAT AND GETTING THINGS OFF THE GROUND, THE EARLY CONVERSATIONS, THE GCCM PROCESSORS ARE WORKING NICELY DOCUMENTED.

CORNERSTONE WORKED TOGETHER TO COME UP WITH A SITE CHANGE, THE LOCATION CHANGE ON THE SITE, THAT SAVED US A CONSIDERABLE AMOUNT OF MONEY.

CHANGED TO PRE-ENGINEERING METAL BUILDING FOR THE ATHLETIC WEIGHING IN THE KITCHEN THAT SAVED MILLIONS OF DOLLARS.

REALLY GOT THE PROJECT BACK ON TRACK, GOT US OFF ON THE RIGHT FOOT.

THEN WE ENDED UP WITH A GLOBAL PANDEMIC, FOLLOWED BY SUPPLY CHAIN ISSUES, FOLLOWED BY MASSIVE INFLATION.

TOP IT OFF OF A WAR THAT AGAIN DROVE SUPPLY CHAIN AND COST ISSUES.

IT'S BEEN A COMPLEX AND DIFFICULT PROJECT.

LOOKING AT THAT THINKING, FROM WHERE WE STARTED AND WHAT WE WENT THROUGH, AND THEN REALIZING WE'VE BEEN ABLE TO PURCHASE ALMOST ALL OF THE ALTERNATES.

THE AUXILIARY GYM WAS AN ALTERNATE, THE GREENHOUSE, THE AQUACULTURE BUILDING, THE AG SCIENCES BUILDING, THOSE ARE ALL ADD-ONS DURING THIS PROJECT THAT WAS BEING COMPLETED THROUGH THIS ISSUE.

NOW WE'RE GETTING DOWN TO THE END, WE'RE GETTING TO THE PACK.

AGAIN, IF YOU RECALL, WE HAD A NOT TO EXCEED $2 MILLION BUDGET IN THE PACK.

WE DID NOT HAVE A PENNY OVER THE $2 MILLION.

I THINK YOU'RE GONNA SEE TONIGHT THAT WERE NORTH OF FIVE IN ORDER TO COMPLETE THE WORK AS EXPECTED AND WE'RE PLANNING TO DO.

I OPENED BY SAYING IT'S BEEN A TOUGH COUPLE OF WEEKS FOR THE TEAM BECAUSE WE'RE PUSHING EACH OTHER PRETTY HARD.

WE'RE BATTLING TOUGH TO DELIVER THIS PROJECT AS PROMISED AND ON BUDGET.

THERE ISN'T A LOT OF MONEY LEFT IN THE POT.

WE'RE STRUGGLING AND PUSH AND FIGHT AND OVER EVERY PENNY TO MAKE SURE EVERYTHING IS AS ACCURATE AND ACCOUNTED FOR AS WE POSSIBLY CAN.

EVERYBODY HAS BEEN LOSING SLEEP AND WORKING HARD TO GET THAT DONE.

YOU'RE GOING TO HEAR OF THE BEST THAT WE'VE GOT AT THIS POINT TONIGHT.

LIKE KEN SAID, HEIDI IS GOING TO WALK US THROUGH THE OVERALL MARKETS AND SAM ARE GOING TO TAKE A SUIT OF CMR, AND WE'RE GOING TO TAKE CARE OF EITHER ANSWERING, ARE IDENTIFYING WHATEVER QUESTIONS YOU HAVE THAT WE CAN PROVIDE, FOLLOW UP ON AND AND GO FROM HERE.

DID I LEAVE ANYTHING OUT KEN? I THINK THAT'S IT.

VERY GOOD. WITH THAT, ANY QUESTIONS BEFORE I TURN IT OVER TO HEIDI TO WALK US THROUGH THE BASICS OF THE BUDGET.

HEIDI.

[00:20:02]

>> THANK YOU, MARK, CAN YOU HEAR ME ALL RIGHT?

>> WELL, WE'RE COOL HERE. [OVERLAPPING]

>> GOOD. WELL, I BELIEVE THAT YOU HAVE IN YOUR PACKETS, I THINK TAMMY HAD PRINTED OUT FOR YOU, IT LOOKS LIKE YOUR REGULAR EXPENDITURE REPORT THAT YOU'VE SEEN EVERY MONTH, BUT NOW IT IS TWO PAGES.

I'M GOING TO WALK YOU THROUGH THE EXPENDITURE SHEET FIRST AND THEN THE SUMMARY SECOND.

ALSO, MY APOLOGIES, I HAD INTENDED TO BE THERE IN PERSON TONIGHT TO SEE YOU ALL, BUT AS MARK MENTIONED, WE WERE CRUNCHING NUMBERS UNTIL THE LAST MINUTE.

I WAS UNABLE TO MAKE THE DRIVE UP THERE WHILE I WAS INTO MY SPREADSHEETS, SO YOU GET ME ON THE SCREEN TONIGHT.

IF YOU LOOK AT THE EXPENDITURE SUMMARY WE HAD BEFORE, WE HAVE THE SAME CATEGORIES.

WHAT IS DIFFERENT THIS TIME IS WE SHIFTED ON ALLOCATED ITEMS FROM THE BUDGET. THE FIRST COLUMN.

WE SHIFTED THOSE INTO A GENERALIZED CONTINGENCY.

WE KNEW THAT WE HAD EXTRA MONEY AND A LOT OF THOSE LINE ITEMS ON THE BUDGET THAT WEREN'T GOING TO BE SPENT.

WE KNEW THAT THEY WEREN'T ALLOCATED AT THIS POINT IN TIME.

WE SHIFTED THOSE BUDGET NUMBERS TO MAKE THEM A LITTLE BIT SMALLER, WHICH MEANS THAT WHEN WE GO THROUGH THE REST OF OUR EXPENDITURES AND EVERYTHING THAT'S UNENCUMBERED, THERE'S SOME EXISTING PURCHASE ORDERS AND INVOICES THAT HAVEN'T BEEN PAID YET.

BUT WHEN EVERYTHING ALL TOLD IS SAID AND DONE, THAT REMAINING COLUMN FOR EACH BUDGET ITEM SHOULD BE NEAR ZERO.

THERE'LL STILL BE SOME LEFT, SOME BALANCES HERE AND THERE, BUT ESSENTIALLY WE TRIED TO DRAIN THAT DOWN TO HAVE NOTHING LEFTOVER AFTER THE KNOWN EXPENDITURES AND THEN ALL THAT EXTRA BUDGET AMOUNT IS MOVED INTO THE GENERALIZED CONTINGENCY, WHICH YOU WILL SEE ON THE NEXT PAGE.

IT'S PRETTY EASY, UNDERSTANDABLE CHANGE ON THE FRONT PAGE.

DOES ANYBODY HAVE ANY QUESTIONS ABOUT THAT?

>> MAYBE THIS LIKE AN AS AN EXAMPLE, HEIDI.

ON THE PERMITS, HOW WE PULLED OUT AND WE LEFT SOME IN FOR PERMITS BECAUSE WE STILL HAVE THE DEMO TO DO AT THE CTE, BUT MAYBE A COUPLE OF EXAMPLES LIKE THAT.

>> THAT'S A GOOD ONE, KEN. THAT PERMIT LINE ITEM IS ONE.

WE KNOW THAT THERE ARE STILL EXPENSES LEFT, OF COURSE, IN TESTING AND INSPECTION GOING ON, COMMISSIONING, PROJECT MANAGEMENT.

THERE ARE OUTSTANDING INVOICES IN THE FURNISHINGS AND EQUIPMENT, WHICH WE'LL DRAW THAT ONE DOWN.

YOU CAN JUST SEE ACROSS THE BOARD, WE TRIED TO BRING THOSE REMAINING BUDGETS DOWN TO AS CLOSE TO ZERO AS WE COULD KNOWING THAT WE NEEDED THE BUDGET MONEY TO GO INTO THE GENERAL CONTINGENCY.

THEN IF YOU TAKE A LOOK AT THE NEXT PAGE, THIS IS THE NEW SHEET THAT YOU'LL SEE EACH MONTH NOW MOVING FORWARD, WHICH GIVES US A SNAPSHOT OF WHERE WE ARE.

THIS FIRST SECTION TALKS ABOUT JUST THE MAIN BUILDING PORTION.

THE FIRST COLUMN THERE JUST REMINDS US ALL OF OUR FUNDING SOURCES.

THE BOND PROCEEDS, OF COURSE, WHICH WE ALL KNOW ABOUT, THE SECURED STATE MATCH FUNDS FROM OSPI.

THERE'S TWO BONUSES ON THERE THAT CAME ABOUT.

WE HAVE AN ENERGY REBATE.

THEN MARK, LET US KNOW ABOUT THIS NICE BOND SALE INTEREST.

WE ADDED THE $2.7 MILLION, WHICH GIVES US 128.7 MILLION ROUGHLY TOTAL FUNDING AVAILABLE.

THE SECOND SET OF COLUMN HERE IS ONE OF THE AREAS THAT WE WERE SPENDING OUR TIME ON TO TRY TO FIGURE OUT EXACTLY WHAT CORNERSTONE IS ANTICIPATING COSTS ARE GOING TO BE TO FINISH UP THE PROJECT.

WE STARTED OUT ORIGINALLY WITHIN CORNERSTONE'S CONTINGENCY, A CATEGORY CALLED OWNER RISKS CONTINGENCY, BUT IT WAS TECHNICALLY BEING HELD BY CORNERSTONE.

WE HAD ALLOCATED TO START OFF THE PROJECT A $3 MILLION FOR THAT.

AS WE'VE MOVED TO THE PROJECT TOWARDS THE END, WE REALIZED THAT THERE'S GOING TO BE ABOUT ROUGHLY $2.3 MILLION OF ADDITIONAL OWNER CONTINGENCY THAT NEEDS TO BE FUNDED THERE, AS WELL AS THE NEXT LINE OF 447,000 PLUS AN EXTRA GCCM RISK CONTINGENCY.

THEN THE LAST LINE OF 11,816 FOR UNAWARDED ALLOWANCE NEEDED.

ESSENTIALLY, WE KNOW THAT WE NEED ABOUT $5.76 MILLION SHIFTED INTO CORNERSTONE TO HANDLE ALL THOSE ANTICIPATED COSTS, WHICH IF YOU TAKE THAT INTO ACCOUNT WITH OUR TOTAL AVAILABLE FUNDING, LEAVES US REMAINING CONTINGENCY OF AROUND $4.2 MILLION AFTER EVERYTHING IS EXPENDED ON THE MAIN BUILDING PROJECT.

THEN THAT NUMBER ROLLS DOWN TO THE PAC BUDGET.

ONE OF THE DISCLAIMERS THAT I WANT TO MAKE SURE THAT EVERYBODY UNDERSTANDS ABOUT THIS PAC BUDGET, AND ACTUALLY FOR THE LINE ITEMS ABOVE, THIS IS WHAT WE CALL OUR WORST-CASE SCENARIO.

OR THIS IS ALL COSTS IN EVERYTHING THAT WE KNOW IS OUT THERE TO DATE. THE POTENTIAL COSTS.

WE MIGHT NOT AGREE TO ALL THESE COSTS TO PAY TO CORNERSTONE AT

[00:25:04]

THIS POINT THAT SOME OF THEM MIGHT BE DISPUTABLE OR NEGOTIATED TOWARDS THE END, BUT WE PUT IT ALL OUT THERE JUST TO KNOW THAT WE DIDN'T WANT ANY COSTS OVERLOOKED AT THIS POINT.

ADDITIONALLY ON THE PAC, IT'S ALSO AN ALL IN NUMBER.

I WILL SAY THAT THERE ARE SOME COSTS THAT WE'RE THROWING IN THERE THAT AREN'T THINGS THAT WE ARE COMMITTED TO YET AT THIS POINT, THERE ARE SOME THINGS THAT WE COULD SAY, WELL, AT THIS POINT WE MIGHT WANT TO PULL BACK AND NOT DO THESE THINGS.

BUT FOR NOW, THIS IS ALL IN SO EVERYTHING INCLUDED.

IF YOU WALK THROUGH THE PAC, WE'RE LOOKING AT A CURRENT CONSTRUCTION COST OF AROUND 3.8 MILLION FOR THE CONSTRUCTION COSTS.

THEN WE HAVE OUR INDIRECT COSTS, WHICH ARE ALL THOSE OTHER THINGS; DESIGN FEES, PERMIT FEES, ALL THE OTHER ETC. CATCH-ALL LIST.

THE OWNER CONTINGENCY OF 351,000 TO A TOTAL OF ABOUT $4.8 MILLION FOR THE PROJECT COST.

THEN THIS NEXT LINE ITEM HERE ARE ITEMS, A $650,000 FOR ITEMS THAT ARE CURRENTLY OUT TO BID RIGHT NOW TO FINISH IN THE PAC.

WE ORIGINALLY HAD THOSE IN CORNERSTONE'S CONTRACT, BUT WE PULLED THEM OUT FOR EXPEDIENCY SAKE AND TO GET THIS DONE, SO WE'RE RESERVING $650,000 IN ANTICIPATION OF THOSE COSTS, WHICH BRINGS US TO A TOTAL FUNDING NEEDED FOR THE PAC OF AROUND 5.5 MILLION.

IF YOU RECALL, AS MARK MENTIONED EARLIER, WE HAD EXACTLY $2 MILLION FROM THE BOND DEDICATED FOR THE PAC.

WE KNOW THAT WE NEED AN ADDITIONAL ROUGHLY $3.5 MILLION TO FULLY FUND THE PAC ALL IN.

IF WE TAKE THAT OUT OF THE MAIN BUILDING CONTINGENCY ABOVE OF THE 4.2 MILLION, THAT LEAVES US AT THE VERY END OF THE PROJECT.

EVERYTHING ALL DONE, THE MAIN BUILDING, AND THE PAC, AND THE ALTERNATES AND EVERYTHING, WITH THE REMAINING AROUND $700,600 LEFTOVER.

I KNOW THAT'S A LOT TO ABSORB AT THE MOMENT. ANY QUESTIONS?

>> ONE THING I'D LIKE TO THROW IN.

SIMILAR DISCUSSION WE HAD WITH CORNERSTONE IS WE'RE AT THE POINT IN THE PROJECT WHERE EVERYTHING'S OUT ON THE TABLE.

THROUGH THE COURSE OF A PROJECT, YOU HAVE TO LIVE THROUGH THREE YEARS OF CONSTRUCTION, SO YOU'RE TUCKING MONEY HERE AND YOU'RE TUCKING A LITTLE THERE AND SAVING FOR A RAINY DAY OVER THERE.

AT THIS POINT, HEIDI AND I HAVE PULLED EVERYTHING OUT.

EVERYTHING'S ON THE TABLE.

THESE NUMBERS ARE EXACTLY WHAT'S IN THE BANK.

THIS IS WHAT WE NEED TO GET THROUGH TO THE END OF THE JOB IS TO 700,000 AT THE VERY END OF THE SHEET HERE.

BUT IT'S ALL CARDS ON THE TABLE AND THERE WAS NO HEIGHTENED MONEY.

WE TYPICALLY DO THAT IN CONSTRUCTION, BUT AT THIS POINT, IT TRULY IS ALL ON THE TABLE AND THIS IS EXACTLY WHAT WE HAVE.

THEN ANYTHING ELSE FROM YOU, HEIDI?

>> THAT'S IT FOR MY PART.

>> SO OTHER THAN QUESTIONS?

>> WE'RE GOOD.

>> I'D SAY I'M HAPPY TO HAVE FUNDED EVERYTHING WE FUNDED AND LIVE THROUGH EXTRAORDINARY INFLATION AND WE'RE ALMOST TRIPLE FUNDING THE PAC AND SAY WE'RE LEFT WITH 700,000.

I THINK THAT'S HITTING THAT OUT OF THE PAC.

WITH THAT BEING SAID, I'M STILL VERY NERVOUS TO GET THROUGH TO THE END OF THE JOB WITH $700,000 LEFT.

BRASS TACKS.

WE HAVE A LOT OF CHANGES TO PROCESS AND CORNERSTONES DID A GOOD JOB.

I'M THROWING ON THAT EXTRA 20, 30%, BUT THAT DOESN'T MEAN WE'RE NOT GOING TO HAVE SURPRISES ALONG THE WAY.

THAT'S JUST THE REALITY OF THE INDUSTRY WE'RE IN.

BUT AS A TEAM, TO BE SITTING IN OUR MEETING, I SAID IT WAS FUNNY THE OTHER NIGHT I WAS LOSING SLEEP, PROCESSING ALL THESE NUMBERS AND I THOUGHT, HOW THE HECK COULD WE GO THROUGH THIS PROJECT? I'VE DONE EVERYTHING WE'VE DONE, AVOIDED ALL THE ESCALATION AND I'M STILL LOSING SLEEP OVER THIS PROJECT? BUT WE STILL HAVE TO GET TO THE END OF THE JOB AND 700,000 IS EXTREMELY TIGHT FROM MY POINT OF VIEW, BOTTOM LINE.

BUT IN THOSE NUMBERS FOR THE PAC, WE'VE INCLUDED EVERYTHING WE CAN THINK THAT COULD GO INTO IT.

WE'VE GOT MAYBE SOME NEW STAIRS TO GO UP TO THIS STAGE AND GET RID OF THOSE MICKEY MOUSE OLD STAIRS THAT ARE THERE AND WHAT WASN'T REALIZED IN THE POTTERY ROOM, THE WAY THEY HAD THINGS SETUP BECAUSE THEY WERE USING SOME OF THE VENTILATION TO VENTILATE THE KILN ROOM, BUT WE DID NOT REALIZE THAT.

THEY HAD OVERTIME MORPHED WHAT WAS THERE INTO SOME EXHAUST.

[00:30:02]

ONCE WE DID OUR WORK, IT TOOK AWAY THEIR MICKEY MOUSE SETUP FOR LACK OF BETTER WORDS.

WE'VE PLUGGED IN TO TRY AND DO SOME NEW DIRECT KILN EXHAUST, AND DIFFERENT ITEMS LIKE THAT THAT ARE WELL BEYOND THE ORIGINAL SCOPE OF THE PROJECT.

BUT WE FEEL LIKE IT'S THE RESPONSIBLE THING TO DO IF WE CAN DO IT.

LIKEWISE TO LIKE THE ADA HARDWARE CHANGES THAT WEREN'T REQUIRED, THAT WERE QUITE EXPENSIVE.

WE HAD TO BITE THE BULLET AND SAY, WELL, BEFORE WE GET A NEW PROJECTOR OR WE GET A NEW SOUND SYSTEM, WE NEED TO HAVE ADA COMPLIANT ACCESS TO THE BUILDING AND THAT WAS A PRIORITY AS A TEAM.

WE'VE BUILT INTO THESE NUMBERS AND I WISH I COULD.

I DON'T HAVE A CONNECTION TO BRING UP MY SPREADSHEET.

IN FACT, MAYBE I'LL JUST PUBLISH THAT AND SEND THAT OUT TO YOU GUYS THROUGH TAMMY.

BUT IT IS A LIST.

HOPE I'M NOT CAPITALIZING MUCH TIME.

WHAT'S THAT? NO, I MEAN, TO THE BIG SCREEN.

AM I CAPITALIZING IN TOO MUCH TIME OR IS THIS OKAY? MORE INFORMATION IS BETTER.

WE ADDED THE INTRUSION DETECTION TO TIE THE BUILDING INTO THE NEW BUILDING.

WE BROUGHT THE SIGNAGE CONVENTION CONSISTENT WITH THE NEW BUILDING, WE DID A LOT OF THE ADA UPDATES, BOTH LAST SUMMER FOR A STUDENT SPECIFIC TYPE OF PROJECT BUT NOW WE'VE DONE IT IN A GENERAL SENSE.

WE LAST YEAR IMPROVED THE BOY'S ROOM, THE MEN'S ROOM, WHATEVER WE CALL IT, AND FOR ADA ACCESSIBILITY AND NOW, WE'VE DONE THE OTHER BATHROOM.

WE STILL HAVE THE GROUNDWATER REPAIRS THAT WE'RE FUNDING 50,000 FOR.

AS YOU'VE PROBABLY SEEN, WE'RE PAINTING THE OUTSIDE OF THE BUILDING, WHICH WAS NEVER PART OF THE SCOPE, BUT TO MAKE IT LOOK LIKE ONE CAMPUS AND IT WAS PLANNED AS ONE CAMPUS.

DICHOTOMY THAT A REALLY GOOD JOB PHYSICALLY LAYING OUT TO CAMPUS TO WHERE WE FLOW AROUND THROUGH THE CTE AND THEN FLOW RIGHT INTO THE PERFORMING ARTS.

NOW IT LOOKS LIKE IT WAS A PLANNED FACILITY EVEN THOUGH IT WASN'T.

WE'RE SPENDING MONEY ON PAINTING THE OUTSIDE OF THE BUILDING, THE GRAY TO MAKE IT MATCH.

OF COURSE, THE BRICK ISN'T A PERFECT MATCH, BUT THIS WILL BRING IT CLOSER.

LATE BREAKING WITH NOBODY CONSULTING WITH ME WHILE I WAS IN GREECE, WE DECIDED TO DO HUNDREDS OF THOUSANDS OF DOLLARS WORTH OF CARPET REPLACEMENT AND WALL PAINTING, AND DOOR PAINTING, AND JUST GENERAL REFURBISHMENT THROUGH THE BUILDING.

[OVERLAPPING]

>> SORRY, KEN.

>> OH, NO. IT'S OKAY, IT'S ALL PART OF THE NUMBERS WE'RE LOOKING AT TODAY.

BUT ANYWAY, SO THERE WAS A FEW HUNDRED THOUSAND ACTUALLY IN DOING THE CARPETS AND PAINTING WALLS AND REPLACING CEILINGS AND JUST NOT WANTING TO LEAVE SOME OF THE BUILDING IN A COMPLETE TRASHY CONDITION SO THAT'S SOMETHING THAT WE'VE DONE.

ONE OF THE THINGS WE WEREN'T SURE ON WAS THE MURAL FOR THE PACK.

BUT WHILE THEY WERE UP THERE DOING OTHER WORK, IT MADE SENSE TO TAKE ADVANTAGE OF THAT AND GET THE ELECTRICAL PUT IN.

WE'VE ALREADY PUT IN ABOUT $7,000 WORTH OF ELECTRICAL FOR LIGHTING OF THE FUTURE MURAL SO WE GET SOME EFFICIENCY BY DOING IT AS PART OF THIS PROJECT.

OF COURSE, WE RAN INTO DRY ROT, WHICH [NOISE] NOBODY KNEW WAS THERE.

FORTUNATELY, THAT'S LOOKING LIKE IT'S GOING TO BE A LITTLE CHEAPER THAN I THOUGHT IT WOULD BE.

WE RAN INTO HUNDRED PLUS THOUSAND DOLLARS JUST IN RECENT CHARGES FROM THE CITY OF FERNDALE, WHICH MARCUS IS GOING TO TOUCH ON A LITTLE BIT LATER.

LET ME LOOK THROUGH THIS, SO THERE WAS THE KILN ROOM, THE STAGE STAIRS, AND THEN WE'VE ACTUALLY PLUGGED IN FOR THE MURAL AT ANOTHER $43,000 THAT'S ALL IN THAT NUMBER TO LEAVE US AT 700.

THAT'S THE STORY I'M TRYING TO TELL IS THAT WE ARE EXTREMELY TIGHT BUT WE'VE DONE A REALLY GOOD SO I'LL LEAVE IT AT THAT SO THEN MARCUS AND SAM.

>> I'LL TRY TO GIVE A LITTLE BIT OF A CONTEXT WITH THE RECENT EFFORT THEY'VE BEEN ALLUDING TO IN THE LAST COUPLE OF WEEKS WITH THE CMR THAT I BELIEVE HAS BEEN PART OF THE MEETING.

YOU GUYS HAVE SEEN IT'LL LOOK A LITTLE DIFFERENT THIS TIME AS WE'VE HAD SOME THINGS IN.

THERE HAS BEEN SOME BIGGER NUMBER CHANGES SO I'LL JUST

[00:35:02]

TALK OVER THOSE AND ALLOW YOU GUYS TO ASK SOME QUESTIONS ON THAT.

WITH THIS EFFORT TO LOOK AT WHERE THE BUDGET'S AT, GET US TO PROJECT TO THE END.

THERE WE GO, GOT TIRED OF LISTENING TO ME.

[LAUGHTER] BASICALLY, SOME BIG THINGS I'LL COVER THAT ARE DIFFERENT FROM THE LAST ONE YOU'VE SEEN TO THIS ONE AS A CATEGORY THAT WAS CALLED TBD, TO BE DETERMINED, THAT WAS CARRYING SOME OF THE MARKET ISSUES, SEVERE ISSUES THEY WERE TALKING ABOUT AS FAR AS THE WAR AND ESCALATION TYPE DEALS WE WERE LOOKING TO AVOID AS FAR AS MATERIAL PROCUREMENT AND FUEL CHARGES RELATED TO IT, THE WAR CONDITIONS.

THOSE WERE BEING CARRIED IN TBD AS THINGS THAT WERE OUT THERE.

SOME ROUGHER ROM NUMBERS CARRIED BEFORE.

WE'VE SETTLING DOWN TO WHERE THOSE CONTRACTORS THAT HAVE BEEN IMPACTED BY THAT, WHERE DO THEY THINK THEY WOULD LIKE TO BE TO BE MADE WHOLE.

THOSE NUMBERS ARE BEING MOVED FROM TBD INTO THIS.

YOU'LL SEE THOSE HITTING ON THE CMR. I'LL CALL IT NSS ANOMALIES WE'LL SAY, YOU'LL SEE SOME CONTINGENCIES HERE TO REFUND PART OF THE NSS AS FAR AS TEMPORARY SCOPES THAT RESULTED FROM DIFFERING SITE CONDITIONS, A COUPLE OF LARGER ONES, ELECTRICAL AND MEP SCOPES TO KEEP DURING THE PHASE CONSTRUCTION TO KEEP THE EXISTING SCHOOL OPEN.

AS WE WERE PRESENTING THE FIRST PHASE, THE SYSTEMS, THE WAY THEY WERE TIED IN, DISCOVERED SOME THINGS ONSITE THERE.

WON'T GET INTO TOO MUCH OF THE DETAIL, BUT THERE WAS SOME SIGNIFICANT COSTS THAT WEREN'T ANTICIPATED IN THE ORIGINAL NSS TO TEMPORARILY SERVE THAT SCHOOL WHILE THE EXISTING SCHOOL WHILE WE'RE GOING, AND AS WELL AS WE'RE LOOKING TO GET TO THE WRAPPING UP THE END HERE, POTENTIALLY DEMOING THE CTE EXISTING BUILDING IN REPLACING THOSE HARD SCAPES, SOME REFURBISHMENTS NOT PREVIOUSLY ANTICIPATED IN THE NSS ALL HERE ATTEMPTING TO BE PROJECTED AS FAR AS WHAT THOSE COSTS WOULD BE.

KEN BRIEFLY TOUCHED ON IT, JUST SOME LARGER ITEMS TO HIGHLIGHT.

IT DID A QUICK ANALYSIS, PROBABLY HALF A DOZEN ITEMS WE'D CALL AHJ OR THE AUTHORITY HAVING JURISDICTION CITY BROUGHT UP THINGS THAT OCCURRED, WHETHER THEY FOUND THEM IN THE FIELD OR NOT SOME EARLY ON, I THINK YOU GUYS ARE AWARE OF WITH WATERLINE DEALS.

MORE RECENTLY WE'RE MAKING SOME UPGRADES TO THE BACKFLOW PREVENTERS, THAT'S CONDITIONS WE'RE SEEING A LOT OF SCHOOLS WHERE EXISTING BUILDINGS TO PROTECT THE WATER SERVICES.

THOSE WERE ADDED SOME RIGHT-OF-WAY IMPROVEMENTS TOO THAT MAY NOT HAVE BEEN FORESEEABLE EARLIER THAT THEY'RE SEEING ADVANTAGE TO TAKE CARE OF NOW.

THOSE NUMBERS, ROUGHER OR MAGNITUDE, ADDING UP THE ONES I'M LOOKING AT HERE.

A LITTLE OVER $500,000, PROBABLY HOVERING BETWEEN 5 AND 600,000 AND CHANGES THERE.

JUST SOME BIGGER THINGS THAT THE PROJECT DIDN'T ORIGINALLY ANTICIPATE, BUT HAS BEEN ABLE TO WORK THROUGH ON THAT.

I WANT TO GIVE A PLUG MINUTE FOR THE CONTRACTORS AND TEAMS WE HAD THAT EVERYONE IS TALKING THROUGH.

A LOT OF THESE NUMBERS WON'T TELL THE STORIES OF WHAT HAS BEEN ACCOMPLISHED BY THE CONTRACTING TEAM, THE SUBCONTRACTORS, WE'VE GOT A LOT OF GOOD ONES OUT THERE THAT HAVE HELPED MAKE THE NUANCES OF NOT ONLY THE MARKET CONDITIONS, THE COST IMPACTS OR DIFFERENT CONDITIONS.

WEAVING THOSE IN THERE TO THE MOST EFFECTIVE WAY POSSIBLE TO SPEND THOSE DOLLARS WITH THAT COMMITMENT.

DIMENSIONAL JUST BEING ONE RECENT EXAMPLE OF THAT BUT PLENTY OF OTHERS THAT I WOULD SAY THIS TEAM IS REALLY ALIGNED WELL.

AS FAR AS THE MARKET CONDITIONS TOO, THE TIMING OF HOW THIS PROJECT WENT OUT WHILE WE ARE SEEING SOME OF THOSE SEVERE ESCALATION REQUESTS, THERE'S A LOT THAT WAS WAS MITIGATED IN THAT PROCESS THAT THESE NUMBERS WON'T REFLECT EITHER.

OTHER THAN THE FACT THAT THE FUNDS ARE BEING ABLE TO PICK UP THINGS THAT MAY NOT HAVE BEEN ORIGINALLY ANTICIPATED.

THAT WAS THE STRATEGY THERE DID SAVE A LOT.

DON'T KNOW THAT I CAN QUANTIFY IT IN THIS CONVERSATION IT'S JUST A LOT OF CONVERSATIONS I'VE HAD WITH SUBCONTRACTORS.

AN OPPORTUNITY TO LET YOU KNOW THAT THE QUALITY TEAM THAT HAS NAVIGATED IT WELL.

WITH THAT SAID, OUR EFFORT HAS BEEN TO PUT AS EVERYONE SAID, BRASS TACKS GET EVERYTHING UP FRONT.

THINGS WE'RE KNOWING ABOUT HEARING ABOUT AWARE OF BEST QUANTIFY THOSE AND PUT THEM ON HERE.

AS YOU'RE AWARE, THERE'S I THINK THERE'S 134, 135 OPEN CHANGE ITEMS. NOW THE EFFORT IS, AS THINGS ARE SETTLING AND WE'RE GETTING TO THE END OF THE PROJECT, THOSE ARE SLOWING DOWN.

WHERE LESS OPPORTUNITY FOR DIFFERENT SITE CONDITIONS.

NOW AS A CATCH-UP GAME, A LOT ON MY PART WITH CORNERSTONE,

[00:40:03]

ADDING ANOTHER BODY TO HELP GET THE ONES WE CAN QUANTIFY CHANGES, COSTS.

SOME OF THAT'S BEEN SUBCONTRACTORS WITH THEIR HEADS DOWN, MAKING THE WORK HAPPEN, AND THEM GETTING CAUGHT UP.

SOME OF THAT ON CORNERSTONE, JUST WORKING THROUGH WITH THE DESIGN TEAM TO GET THE ANSWERS, GET IT BUILT, [NOISE] AND THEN QUANTIFY THOSE.

A BIG EFFORT HERE TO CATCH UP ON SOME OF THOSE, SOME OLDER ONES AS WELL.

THAT WE'RE, WE'LL SAY SOMEWHAT AMBIGUOUS IN THE EARLY PART IS TO UNREWARDED SCOPE WHERE THAT SHOULD BE BEST ALLOCATED TO AND WHAT IT WAS RESOLVING WITH THOSE ANSWERS.

NOW WE CAN HUNKER DOWN AND GET THOSE CAUGHT UP.

AS OTHERS HAVE SAID, A LOT OF TIME SPENT GOING BACK THROUGH Q SUING THIS, MAKING SURE OPEN ITEMS WERE TRACKING AN EFFORT WITH THE DESIGN TEAM TO LOOK AT ANYTHING WE'RE LOOKING AT RESOLVING, THINKING OF RESOLVING.

WHAT DO THOSE LOOK LIKE? DO WE HAVE IT ON THE LOG? DO WE NEED TO ON THE LOG? CAN WE QUANTIFY THAT? I'M TRACKING HERE.

I CAN ALSO TELL YOU THE WRONGS WE PUT IN THERE, THE TREND HAS BEEN THAT THOSE HAVE BEEN CONSERVATIVE, THAT THE HARD NUMBERS ARE COMING IN LESS THAN THAT, SO HIGH LEVEL OF CONFIDENCE THAT THAT TREND WILL CONTINUE WITH THAT AS WE HAVE WHEN WE WERE SEEING MARKET CONDITIONS, TRYING TO ANTICIPATE THAT WITH THE COSTS AND AGAIN, CONTRIBUTING TO THE CONTRACTOR TEAM WORKING WELL TO KEEP THOSE COSTS DOWN ON THEIR PART.

SEE, I THINK THAT'S THE MAIN TASK, I CAN OPEN IT UP TO OTHER QUESTIONS.

>> SO YOU'RE REFERRING TO POWER ISSUES

>> YES. THE EXISTING SCHOOL BUILDING AS WE BROUGHT DOWN THE GYM WING AND THE OTHER PARTS OF THAT THERE WERE POWER FEEDS AND MISCELLANEOUS MECHANICAL FEEDS OF HOW THOSE WERE CROSS-FEEDING OVER THE YEARS AND THE VINTAGES OF THE BUILDING, HOW THAT WAS WORKING, THE KNOWN ASSUMPTIONS AND INFORMATION THEY HAD FROM THE AS-BUILT AND WHAT WAS REALLY THERE WAS DIFFERENT.

THE EFFORT THERE WAS WE WERE ABLE TO, IN SOME CONDITIONS, MOVE TRANSFORMERS THAT WERE BEING TAKEN OFFLINE AND REPURPOSE THEM, TEMPORARILY, TO RAISE SERVICE.

THERE WAS RESURFACING A TRANSFORMER THAT WAS ANTICIPATED TO COME DOWN TO KEEP THE POWER UP AT THE SCHOOL.

WHEN WE BROUGHT DOWN THE GYM, THE BOILER SYSTEM AND EVERYTHING WAS FEEDING HALF OF THE EXISTING BUILDING, THE OTHER HALF COMING FROM ANOTHER DIRECTION.

LEARNING THAT ONE OF THE THINGS WE WERE ABLE TO DO IS MOBILIZE WITH THE FIRST PHASE OF OUR BUILDING COMING.

IT WAS HAVING FEEDS THAT WE'RE GOING TO FEED THIS PHASE WE'RE WORKING ON NOW THIS SECTOR FOR BASICALLY BRING THAT UP ONLINE TO PROVIDE THE HEATING SYSTEM TO OFFSET THAT OVER THERE AND TEMPORARILY BRING ONLINE THE PERMANENT SYSTEM, PIGGYBACK.

THOSE ALL BASICALLY THINGS WERE THE AS-BUILTS, WHAT THEY HAD TRACKED, WHAT HAD BEEN TRANSPIRED OVER TIME, HOW THOSE SYSTEMS WERE INTEGRATED AND MOVING REQUIRED A FAIR AMOUNT OF TEMPORARY SERVICES THAT WEREN'T ANTICIPATED BASED ON THE PHASING AND WHAT WAS COMING DOWN AND WHAT WAS GOING UP,

>> MARCUS, CAN YOU TALK ABOUT THE CITY AND THEIR NORMAL 11TH HOUR ASKS?

>> SURE. TO SOME EXTENT I WOULD SAY WE DO SEE THAT HAPPEN AT TIME TO TIME WHERE THE HJ WILL COME IN.

THE REAL-WORLD CONDITION IS NOW IN FRONT OF THEM AND SO WHAT THEY WERE EXPECTING COMES UP, SOMETIMES THEIR INITIAL PASS IN THE CODES HAVE CHANGED IN SOME WAY OR THEIR EXPERIENCE ON A RECENT PROJECTS SAYS, HEY, WE WERE GOING TO TILT IT THIS WAY.

THERE ARE A FEW LARGER, MORE ANOMALOUS ONES ON THIS ONE THAT CAME UP THAT WE DON'T NORMALLY SEE HIM THAT LARGE AS FAR AS AND I CAN'T SPEAK TO HOW THOSE GOT PAST THE INITIAL PERMITTING REVIEW.

WATER ONE BEING A FAIRLY BIG ONE AS THAT LOOP.

I DON'T KNOW IF SOMETIMES THAT'S A HAND-OFF WITHIN THE ENTITY ITSELF THAT SOMEBODY WAS FINE WITH IT AND THEN LATER IT CHANGES OR THEY LEARNED SOMETHING DIFFERENT.

BUT I WOULD SAY IT'S PROBABLY NOT NORMAL TO GET INTO THAT HALF $1,000,000 RANGE.

I WOULD SAY THERE'S PROBABLY A LARGE BENEFIT TO THE CITY FROM THAT PERSPECTIVE OF THIS FIRE LOOP DISSERVICE, IT'S PROVIDING A BIG CHUNK OF THAT WAS THE MAIN WATERLINE LOOP AROUND THERE AND THEN JUST THIS SAFETY AND HEALTH OF THE WATERLINE, PUTTING THESE BACKFLOW PREVENTERS INTO SOME OLDER BUILDINGS.

PRETTY TYPICAL. GOOD OPPORTUNITY AT THIS POINT TO TAKE ADVANTAGE OF THAT WITH THE CONTRACT TEAM ON THERE.

[00:45:01]

THAT MAY BE JUST A DIFFERENT FEATURE OF IT TO HAVING A MULTI VINTAGE SITE THAT NEEDED TO BE CAUGHT UP.

>> WAS THAT IT THEN FROM THEM.

>> THAT'S PRETTY MUCH IT. IT HAD A LOT TO DO WITH THE WATER CONDITIONS, WATERLINE CONDITIONS, THE BIG ONE WAS THE UPSIDES FROM AN EIGHT INCH TO A 12 INCH WATERLINE.

>> I MEAN, I KNOW ONE OF THEM ASKING THOUGH IS THE CITY DONE ASKING FOR CHANGE ORDERS FROM THEIR PERSPECTIVE.

>> THAT IS A REALLY FAIR QUESTION.

>> CAN I IN THAT VEIN, JOE LUPO IS OBVIOUSLY NOT HERE.

HE HAD TO TRAVEL FOR WORK.

BUT HE DID EMAIL IN SOME QUESTIONS.

[OVERLAPPING] I DIDN'T KNOW IF YOU HAD THEM ON YOUR.

>> I DO.

>> BUT ONE OF HIS QUESTIONS ACTUALLY WAS DIRECTLY RELATED, I THINK TO BRIAN'S.

NUMBER 6, PLEASE PROVIDE DETAIL ON CHANGE EVENT 611 CCD NUMBER 182, GOLDEN EAGLE DRIVE RIGHT-OF-WAY WORK.

BECAUSE I THINK THAT'S DIRECTLY RELATED TO THE TOPIC THAT BRIAN IS ASKING ABOUT.

>> YEAH AND IF IT'S OKAY, I'M JUST GOING TO JUMP IN HERE, TIM JEWETT HERE, REGARDING THIS PARTICULAR ITEM AND WE'LL OBVIOUSLY GET MORE DETAIL AS REQUESTED.

THIS IS PRIMARILY AND AS MARCUS SAID, THIS IS NOT AN INFREQUENT DISCOVERY FROM JURISDICTIONS AND PROJECTS AND SCALE LIKE THIS, BUT IT'S DEFINITELY SOMETHING THAT COULD HAVE BEEN PICKED UP DURING PLAN REVIEW, BUT WASN'T FOR ONE REASON OR ANOTHER AND QUITE OFTEN, THE FOLKS DOING PLAN REVIEW AREN'T NECESSARILY THE SAME FOLKS THAT ARE OUT IN THE FIELD.

THERE'S A DIFFERENCE OF OPINION DEPENDING ON THE RIGHT SOLUTION.

THIS WAS DISCOVERED IN THE FIELD AS THE WORK WAS HAPPENING.

I WILL THIS PARTICULAR ITEM COST A SIGNIFICANT AMOUNT OF CONSTERNATION FOR THE CONSTRUCTION TEAM BECAUSE IT WAS DIRECTLY IN THE FLOW FOR THE SUMMER.

CORNERSTONE DID AN AMAZING JOB RECOVERING FROM THAT.

THEY HAD ANTICIPATED GOING FROM GOLDEN EAGLE NORTH TO FINISH OUT A LOT OF THE UTILITY WORK IN THE SUMMER, THEY HAD TO ACTUALLY JUST COMPLETELY REVERSE THAT BECAUSE THEY HAD THIS MOVE FROM THE GOLDEN EAGLE AREA WHILE THE SOLUTION, THE DIRECTION FROM THE CITY WAS NOT THIS IS WRONG DO THIS.

THIS IS WRONG, FIX IT.

WITH OUR ENGINEERING TEAM, WE HAD TO REACT VERY QUICKLY.

WHAT DO THEY REALLY WANT.

IT TOOK REVIEW BACK-AND-FORTH BETWEEN OUR CIVIL ENGINEER AND THE CITY TO FIGURE OUT EXACTLY WHAT THE APPROACH WAS.

MEANWHILE, THE CREWS WERE ON SITE DOING THE WORK.

THEY HAD TO BE REPOSITIONED AND THE SITE SUBCONTRACTOR WAS FLEXIBLE ENOUGH TO BE ABLE TO MOVE AND FIND OTHER WORK TO DO, STILL REMAIN IN FLOW, RECREATE THE ENTIRE SUMMER UTILITY FLOW FROM THAT AND THEN FINALLY FINISH OUT BY FINISHING UP THE UTILITY WORK ON GOLDEN EAGLE.

IT WAS A BIG EFFORT, NOT JUST RELATED TO A SPECIFIC LIKE MANHOLE COVER OR UTILITY CONNECTION THAT WASN'T UP TO THE STANDARD.

IT WAS AN INTERRUPTION IN THE PROJECT FLOW WHICH CAUSED ALL OF THE FLOW THAT WAS IN THE SUMMER, IF WE HAD ANY TO BEGIN WITH, INSTANTLY VANISHED.

KUDOS TO CORNERSTONE FOR ACTUALLY GETTING ACROSS THE FINISH LINE AND GETTING KIDS BACK IN.

IT WASN'T AS SMOOTH AS WE HAD HOPED.

NOBODY HAD HOPED AS A TEAM.

BUT WE'RE ABLE TO GET THERE.

I JUST PAUSING ON THAT PARTICULAR ITEM TO EXPRESS THE LARGER CONTEXT BEHIND IT.

THERE'S CERTAINLY DOLLARS ASSOCIATED WITH THIS THAT ARE PRIMARILY SPECIFICALLY ASSOCIATED WITH THE FIX NOT SCHEDULE IMPACT.

I DON'T THINK. JUST WANTED TO LET EVERYBODY KNOW WE SET OFF, A REACTION TO A LOT OF US THAT HAVE HAD TO BEEN THROUGH IT DURING SUMMER.

>> LIKEWISE, IN THE VERY BEGINNING OF THE JOB, WE HAD EIGHT INCH LINE CHICKEN OUT ON THE GROUND READY TO GO IN THE GROUND.

THAT'S WHEN THE CITY NOTIFIED US HOW WE'VE CHANGED OUR MIND.

WE KNOW EIGHT INCH WAS APPROVED.

WE ACTUALLY WANT 12 INCH.

[OVERLAPPING] IT WAS A LENGTHY DISCUSSION.

WE WENT BACK-AND-FORTH, BACK-AND-FORTH, BACK-AND-FORTH AND FINALLY, WE HAD TO THROW IN THE TOWEL IF WE WANTED TO KEEP MOVING FORWARD.

[00:50:04]

THAT'S THE DECISION WE MADE.

BUT IT'S BEEN A REPETITIVE THEME SO AS A COMMUNITY A FEW GUYS MIGHT WANT TO ENTERTAIN THE IDEA OF HAVING A DISCUSSION WITH THE CITY, PERHAPS THAT'S SOMETHING YOU WANT TO PURSUE, BUT IT CERTAINLY HAD A VERY BIG IMPACT BOTH DOLLAR-WISE, BUT ALSO ON THE SCHEDULE, THAT INITIAL SCHEDULE.

>> I WANT TO ANSWER YOUR QUESTION AND MAYBE TRY TO ANSWER JOE'S. I'M NOT SURE IF HE'S LOOKING.

I DON'T HAVE ALL THE COST DATA BACKUP, BUT THE WORK INVOLVED WITH THE RIGHT-OF-WAY HAD MOSTLY TO DO WITH THE STORM LINE SYSTEM AND UPDATING AREA DRAIN CATCH BASINS FROM THE EXISTING IS THAT WERE ANTICIPATED TO BE USED, AND SO EXTENDING A LITTLE BIT OF THE PAVEMENT AREA THERE AND BASICALLY MAXIMIZING THAT OPPORTUNITY TO IMPROVE THAT DRAINAGE SYSTEMS. THERE AGAIN, I DON'T KNOW WHERE THAT CHANGED OR WHERE THEY CAUGHT THAT.

TWO PIECES, I JUST WANT TO HIGHLIGHT FOR THIS GROUP, SINCE I HAVE THE OPPORTUNITY, THE FLEXIBILITY OF THE CONTRACTING TEAM, THE SUBCONTRACTORS IN PARTICULAR WITH THIS, WELL, WE WILL HAVE THE COST.

THE SCHEDULE IMPACTS ARE KIND OF UNREALIZED IN THE SENSE OF TURNOVER TYPE SCOPE AS WE'VE BEEN ABLE TO MAKE IT THROUGH IT.

BECAUSE OF THE FLEXIBILITY THAT WE'VE BEEN ABLE TO ASK OF OUR SUBCONTRACTORS WHILE THE DESIGN TEAM REACTED TO SOME OF THESE.

I CAN SAY FOR THE WATERLINE CONDITION, I THINK WE PUSHED OFF THAT PARTICULAR SCOPE, MONTH-AND-A-HALF TO TWO MONTHS BY RESEQUENCING OUR WORK WITH A SUBCONTRACT GROUP TO TRY TO BUY TIME FOR ALTERNATIVE OPTIONS TO BE PURSUED.

I WANT TO SAY THERE WAS PROBABLY A HALF A DOZEN PERSPECTIVE OF POSSIBILITIES UNTIL IT CAME PUSH, CAME TO SHOVE.

IT'S REALLY GOING TO BE THE 12 INCH.

I DON'T KNOW THAT THERE WAS ANY LACK OF EFFORT ON THIS SIDE TO BUY TIME AND TRY TO RESOLVE IT WITH THE CITY.

BUT WHEN PUSH COMES TO SHOVE, THIS IS WHERE THINGS CAME TO BE.

IN THAT I DO THINK OVERALL FROM THE COMMUNITY'S PERSPECTIVE, IT'LL BE A VALUE ADD, BUT IT'S AT THE SCHOOLS COST AT THIS POINT.

TO THE OTHER QUESTION OF WHETHER THERE'S MORE, I WOULD SAY WE'RE OUT OF THE UTILITIES.

THERE'S PROBABLY SOME MINOR UTILITIES THAT WE PASS THROUGH THE PACK.

BUT THE RIGHT OF WAY WORK ESSENTIALLY DONE.

I THINK THE MINIMUM PIECE WE'RE WORKING OUT THERE IS WHAT DO THEY WANT FOR SIGNAGE STRIPE EDGE, SO NO MAJOR DOLLARS THERE PROBABLY.

THE WATERLINE STUFF WE'VE ADDRESSED ALL THOSE SO I WOULD SAY THERE'S PROBABLY AN OPPORTUNITY FOR THEM TO FIND ANYTHING IS NOW MINIMAL.

I CAN'T OFF THE TOP OF MY HEAD THINK OF ANY AREAS WHERE THEY WOULD HAVE A CHANCE TO PUT THEIR HAND IN THERE TO SAY, WE WANT THIS VERSUS THIS.

>> I WAS JUST GOING TO SAY THAT I FEEL LIKE THE BIGGEST DISCUSSION, PROBABLY I DIDN'T BRING IT UP EARLIER, BUT THE BIGGEST PUBLIC DISCUSSION IS JUST ABOUT THE TRAFFIC FLOW AND STOP SIGNS GOING OUT OF SIGHT, OUT OF OFF PRIVATE PROPERTY UNDER PUBLIC PROPERTY, AND SO ANYWAY.

IS THE COST OF DEMOS CTE IN SITE RESTORATION IN THAT WHOLE THING?

>> YEAH, THERE'S 600,000 THAT'S EARMARKED.

THAT USED TO BE IN THE TO BE DETERMINED, THAT'S NOW BEEN CONVERTED INTO OWNER CONTINGENCY.

>> OKAY.

>> I BUMP THAT UP, FELT LIKE IT MIGHT BE A LITTLE BIT SHORT.

WE'RE AT 600,000 EARMARKED FOR THAT NOW.

>> TIM, WHAT DO YOU HAVE PLANNED TO COVER THAT MURAL ON THE PARK? WHAT ARE YOU ENVISIONING TO COVER THAT MURAL ON THE SIDE OF THE PARK? THE OLD MURAL? YEAH.

>> WE HAVE ESSENTIALLY RE-ENVISIONED WITH THE NEW LOGO TO GO ON THAT SIDE AND THAT SIDE OF THE PARK.

THAT'S WHAT'S PART OF THE COST ITEM THAT'S IN THERE THAT'S WE HAVEN'T BEEN RELEASED TO DO IT YET, BUT WE KNOW WHAT THE COST IS AND WE'RE DOING THE PREP WORK TO BE ABLE TO ALLOW THAT.

IT'S ALSO GOING TO HAVE TO HAVE OUR GRAFFITI COATING THAT GOES OVER THE TOP OF IT BECAUSE IT'S DONE PRETTY LOW.

>> SURE.

>> THAT'S ESSENTIALLY A REINVENTION OR A RE-CREATION OF THE LOGO THAT'S THERE AND THE NEW LOGO.

>> THE SITE SIGNAGE COMES UP QUITE OFTEN AS A QUESTION.

IT JUST THAT SCOPE OF WORK ISN'T COMPLETED YET.

THERE'LL BE DIRECTIONAL SIGNS AND TRAFFIC SIGNS AND THAT STUFF COMING.

>> I WAS GOING TO ASK IT SEEMS REALLY CLOSE TO ME THAT 700,000.

WHAT HAPPENS IF IT'S OVER THAT?

[00:55:04]

>> CAN'T BE.

>> YOU JUST STOP WORK? I WAS JUST CURIOUS ABOUT THAT.

I DON'T KNOW. YOU CAN'T GO FROM YOUR GENERAL FUND OVER TWO?

>> WE CAN, BUT WE DON'T HAVE THE CAPACITY IN OUR GENERAL FUND TO KICK FORWARD ADDITIONAL DOLLARS.

THERE'S STILL WORK IN THAT WE HAVE OPTIONS ON, RIGHT? LIKE THE MURAL AND THE STAIRS IN THE PARK, AND THERE'S STILL SOME FLEXIBILITY IN THE BUDGET THAT WE CANNOT PERFORM.

>> ANOTHER QUESTION I HAD WAS, AT SOME POINT AFTER EVERYTHING QUIETS DOWN, IS THERE A POINT THAT WE CAN REFLECT ON THE BOND TASK FORCE, THE WORK THAT WE DID THERE, AND HOW WE MISS THE MARK ON THE PARK THREE TIMES OVER? THAT'S REALLY FRUSTRATING TO ME THAT MAYBE IT WAS BAD INFORMATION BY THE ARCHITECT THAT WAS THERE.

MAYBE IT WAS MISINFORMATION BY THE SCHOOL DISTRICT, BUT IT JUST SEEMS LIKE AT SOME POINT WHERE IT'S NICE AND QUIET, WE CAN MAYBE REFLECT ON THE EFFECTIVENESS OF THAT DECISION-MAKING.

>> IT WOULD BE A GOOD EXERCISE TO PROBABLY LOOK BACK AT THE DOCUMENTATION WE WERE GIVEN.

I'M TRYING TO REMEMBER NOW, BUT FROM MY MEMORY, THEY GROW SQUARE FOOTAGE LIKE, LET'S FIGURE ON $120 A SQUARE FOOT FOR COSMETIC UPGRADES.

WELL, 125 BUCKS A SQUARE FOOT FOR COSMETIC UPGRADES MIGHT'VE BEEN A DECENT NUMBER IN 2014 WHEN THEY DID THE ASSESSMENT.

BUT WE'RE NOT DOING WE DIDN'T DO COSMETIC UPGRADES, AND B, MAYBE THEY MISSED THE MARK ON PERFORMING ARTS VERSUS TYPICAL SCHOOL BUILDING.

ALL THOSE THINGS WERE.

>> I WANT MORE ABOUT THAT BECAUSE THERE WAS ALSO A THIRD PARTY, THE MERIDIAN PLUS THAT GAVE US CONFIDENCE IN THAT PROCESS.

WHATEVER IT'S WORTH, I'D LIKE TO KNOW [OVERLAPPING]

>> THAT ATE THE WHOLE BUDGET FOR THE COSMETIC PORTION OF IT ANYWAY.

[OVERLAPPING]

>> FAULT THAT WAS JUST RECORD KEEPING ON THE SCHOOL DISTRICT OR ON THE PERSON TO PERFORM THE WORK, NOT ACCURATELY DETAILING WHAT WORK THEY DID THAT ATE UP THE ORIGINAL BUDGET RIGHT THERE, RIGHT?

>> I GUESS MY QUESTION ISN'T SO MUCH ABOUT THE FINGER POINTING, BUT ABOUT THE PROCESS.

WE WANT PRAGMATIC, LONG-TERM, FISCALLY RESPONSIBLE CAPITAL IMPROVEMENTS.

WE WANT TO START CRANKING THROUGH THIS, AND I DON'T KNOW IF THAT PROCESS WORKS.

THESE IMAGINATIVE NUMBERS.

>> YOU GOT TO USE SOME NUMBERS.

WAS THE CALCULATION, RIGHT?

>> YEAH.

>> WELL, WITHOUT REHASHING ALL THE GROUND FROM A LOT OF YEARS AGO.

IF YOU REMEMBER BACK, THAT WAS LARGELY FINANCIALLY BASED DECISION.

THE ORIGINAL ASK WAS TO REPLACE THE PARK ALONG WITH THE REST OF THE CAMPUS, AND THE PUBLIC DID NOT RESOUNDINGLY AGREE WITH THAT OPTION.

WHEN WE CAME BACK TO LOOK AT THAT, THE PARK WAS TAKEN OFF THE TABLE AND DECIDED THAT WE NEEDED TO MAKE SOME COSMETIC UPGRADES TO IT, AND THE NUMBER THAT THE COMMITTEE, THE TASK FORCE WAS COMFORTABLE WITH WAS THE $2 MILLION.

IT WAS THAT NUMBER FIT WITHIN THE FINANCIAL PARAMETERS THAT WERE PUT ON IT.

WE BASICALLY PUT THE CART BEFORE THE HORSE IN TERMS OF COMING UP WITH THE COST PROPOSAL.

YOU CAN POINT ALL THE FINGERS AND IT WAS SUPPOSEDLY IT WAS LIPSTICK WE WERE GOING FOR AND UNCOVERED SOME STRUCTURAL PROBLEMS THAT CONSUMED THE WHOLE BUDGET.

THE LAST MEETING, IT GOT CHANGED FROM 4 MILLION TO 2 MILLION.

I THINK THAT WAS A DESPERATION MOVE TO TRY TO MAKE SURE THAT THE BOND HAD A CHANCE TO PASS.

>> CORRECT. I WAS THERE.

[LAUGHTER]

>> I WAS GOING TO ASK REAL QUICK.

WHEN DO YOU GUYS THINK YOU'RE GOING TO ROLL OUT OF HERE? WHEN ARE YOU GOING TO BE?

>> YOU MEAN TONIGHT?

>> NO, AS FAR AS THE PROJECT.

>> THE PROJECT DURATION. THE GENERAL FLUORIDE NOW WE'VE LOOKING AT WRAPPING UP THE CTE IN THE PACK BASICALLY END OF NOVEMBER IS THE TRAJECTORY RIGHT NOW TO WRAP UP THE AUDITORIUM SIDE OF THE PARK AND THE CTE STRUCTURE GIVING US DECEMBER, JANUARY, THOSE LAST PIECES TO COMMISSIONING AND PUNCH OUT AND MAKE SURE WE LEAVE THIS THING IN A GOOD PLACE.

[01:00:04]

>> KEN LAST CALL ME SUBMIT DISCUSSING THE COST OF AUDIO VISUAL CURTAINS, WHATEVER FOR THE PARK.

YOU SAID IT'S ELEVATED.

IS THAT NUMBER YOU USE ON YOUR ESTIMATE OR ARE YOU USING AN OVERBID THAT YOU GOT OR AN ESTIMATE OF WHAT YOU THINK THE COST SHOULD BE?

>> WE HAD OUR ORIGINAL ENGINEER'S ESTIMATE, WHICH IS SUBSTANTIALLY LOWER THAN THE 650.

HOWEVER, WHEN WE ARE WORKING WITH MILM WITH SOME EXTRA MARKUPS, ONE OF THE REASONS WE SWITCHED WAS TO PARE DOWN THE AMOUNT OF MARKUPS AND CONTRACTORS INVOLVED.

WE ARE WELL BEYOND THE 650 WHEN WE HAD THE MULTIPLE TIERS OF CONTRACTORS AND MILM INVOLVED, BUT STILL WELL IN EXCESS OF WHAT THE ENGINEERS.

I'M GLAD YOU ACTUALLY BRING THAT UP BECAUSE I WAS GOING TO JUST AS A REMINDER, IT BIDS ON FRIDAY.

WE WILL KNOW BY MIDDLE OF FRIDAY WHAT THOSE NUMBERS LOOK LIKE.

ONE OF THE REASONS JAMIE AND I TALKED ABOUT SOME OF THAT WORK COULD HAVE PROBABLY BEEN DONE IF WE GOT THEM ON THE SMALL WORKS ROSTER FOR THE SCHOOL.

BUT THEN THEY KNOW THAT THERE'S NO COMPETITION THERE.

THEY'RE THE ONLY PERSON WHO'S PROVIDING THE NUMBER, ONE OF THE PLAYERS PROBABLY THINKS THERE'S OTHER COMPETITION, THE OTHER ONES, I'M SURE HE KNOWS THAT HE'S THE ONLY GUY WHAT YOU STAGE CRAFT, AND SO TRYING TO KEEP IT AS COMPETITIVE AS POSSIBLE.

DIMENSIONAL HAS TWO OR THREE, FOUR DIFFERENT FOLKS THAT CAN ACTUALLY BID THE WORK.

I KNOW PERSONALLY THEY'RE NOT INTERESTED BECAUSE THEY HAVEN'T ACCESS TO DOCUMENTS AND I CONTROL THAT.

DIMENSIONAL IS THE ONLY BIDDER.

>> THIS IS A PUBLIC MEETING.

>> YEAH. ANYWAY, FRIDAY WE WILL HAVE THE ANSWER AS TO WHAT THOSE DOLLARS LOOK LIKE.

THAT IS A RISK ITEM.

>> JUST TO BE NOT IDEAL, BUT THAT IS AN ITEM THAT COULD NOT BE PERFORMED IF THERE IS AN ISSUE, SOME SORT OF MASSIVE ISSUE WITH FUNDING. CORRECT?

>> CORRECT.

>> ABSOLUTELY.

>> I ACTUALLY WROTE A NOTE TO CHECK AND SEE WHAT'S COME IN SINCE JUNE.

THERE'LL BE A LITTLE BIT, BUT I DON'T KNOW HOW SUBSTANTIAL.

>> I WANT TO BACK OUT BIG PICTURE WISE FOR A SECOND, IF WE CAN.

BUT TO EVERYBODY'S CONVERSATION, I THINK WHAT HAS HAPPENED IS, I WANT TO SAY MIRACLE, BUT THAT'S PROBABLY NOT QUITE THAT FAR.

BUT WHAT WE, AND I'M INCLUDING MYSELF IN THAT UNNECESSARILY, BUT WHAT WE'VE BEEN ABLE TO DO AS A COMMUNITY AND CONTRACTORS AND DISTRICT AND PARTIES IS IMPRESSIVE.

I DON'T WANT TO UNDERSCORE THAT, BUT AT THE SAME TIME, THERE IS A REALITY THAT THERE ARE MORE NEEDS IN THIS DISTRICT IN THE FUTURE.

AS MUCH AS THERE HAS BEEN MASSIVE SUCCESS WITH THIS BOND, WE WOULD EXPECT THAT TO KEEP GOING FOR THE NEXT FEW MONTHS UNTIL WE CLOSE OUT.

I THINK IT WOULD BE A MASSIVE DISSERVICE MOVING FORWARD, KNOWING WHAT WE HAVE TO NOT BRING IT HOME.

I MEAN, WE'RE ON THE TWO YARD LINE, SO TO SPEAK AND LIKE KEN SAID, THIS THIS NUMBER SCARES ME.

WE ESSENTIALLY HAVE $10-$15 MILLION WORTH OF WORK LEFT TO CLOSE THE JOB OUT.

AS FAR AS I CAN TELL, IF I'M RIGHT OR WRONG.

WHICH LEAVES LIKE, IF WE GOT $700,000 LEFT OF POLITICALLY CORRECTLY SAY THIS BUT, CRAP MONEY.

THAT'S ABOUT 5%, WHICH TO ME SEEMS PRETTY TIGHT.

AGAIN, NOT DISCREDITING EVERYTHING THAT'S TRANSPIRED, WHICH IS IMPRESSIVE.

ALL THE ALTERNATIVES, ALL THE ADDITIONAL STUFF, ALL OF THE WORKING THROUGH STUFF HAS BEEN IMPRESSIVE WITH PANDEMIC AND SUPPLY CHAIN AND INFLATION AND YADA, YADA, YADA.

BUT I THINK FROM A COMMUNITY PERSPECTIVE, FROM A TAXPAYER PERSPECTIVE, FROM A PERSON THAT HAS

[01:05:03]

KIDS THAT ARE GOING TO GROW UP IN THE SCHOOL DISTRICT AND KNOWING WHAT THE NEEDS ARE, BRINGING THIS THING HOME UNDER BUDGET, EVEN IF THAT MEANS SHAVING A COUPLE OF THE DESIRED THINGS IS FAR MORE IMPORTANT.

I MEAN, WE'RE $100,000 OVER BUDGET.

>> FAILURE.

>> IT'S NOT, BUT IT'S GOING TO BE VIEWED AS A FAILURE WHEN WE GO FOR THE NEXT BOND, WHETHER THAT'D BE FIVE YEARS, 10 YEARS. WHATEVER IT MIGHT BE.

THERE'S NOT A STORY OR A SPIN THAT'S GOING TO MAKE THAT THING GO AWAY IN THE COMMUNITY.

I THINK FROM MY PERSPECTIVE, I'LL SPEAK FOR MYSELF.

THAT'S WHERE THAT'S WHERE I'M AT.

WITH OUR RESPONSIBILITY AS OVERSIGHT COMMITTEE IS MAKING SURE THAT WE FULFILL OUR OBLIGATION TO KEEP THIS THING IN THE BUCKET.

AGAIN, THERE'S BEEN DISCUSSION ABOUT KIND OF LIKE THE LINGERING OPTION ITEMS, WHICH I THINK IS A GREAT WAY TO PUSH TOWARDS THE END AND THEN WHEN WE'RE 5 MILLION TO GO AND YOU'VE GOT 400,000 LEFT IN THE BUCKET, YOU'RE FEELING A LITTLE BETTER.

THEN WHEN YOU GOT 2 MILLION TO GO AND HE GOT 250 LEFT IN THE BUCKET, YOU'RE FEELING BETTER ABOUT SAYING GO ON SOME OF THE OTHER STUFF.

I'M PROBABLY RAMBLING, BUT I DON'T KNOW.

I JUST WANTED TO BIG PICTURE.

WE CAN TALK ALL DAY LONG ABOUT HOW THE CITY IS IN THE BOOK.

BUT ANYBODY THAT'S SLIPPED YOUR LONGER THAN 10 MINUTES NODES, THE CITIES OF PAIN IN THE BUTT WHEN YOU TRY TO BUILD ANYTHING.

THAT WAS MY BIG TAKEAWAY, DON'T REALLY QUESTION.

SORRY. BUT I THINK THAT'S BEEN OUR RESPONSIBILITY AS AN OVERSIGHT COMMITTEE.

IS TO KEEP THAT IN THE FOREFRONT AND THAT'S WHY WE HAVE CONSTANTLY BEEN HAMMERED ON KEN THE LAST FEW MONTHS ABOUT THESE CONTINGENCY BUCKETS ARE HERE AND HE KEEPS SAYING, WELL, WE'RE FEELING GOOD, IT'S GOING TO BE TIGHT, BUT WE FEEL GOOD.

I'M GLAD THAT AS WE GET CLOSER, WE NEED MORE OF THAT DETAIL AND THE DISTRICT NEEDS MORE OF THAT DETAIL.

BECAUSE YOU'RE THE ONES MAKING THE CALL ON THE WEEKLY BASIS.

>> THAT'S WHY THE LAST COUPLE OF WEEKS WE'VE BEEN TOP.

WE'RE ACUTELY AWARE OF THAT TOO, TO BE SUCCESSFUL FOR US TO HAVE SUCCESS IN THE FUTURE.

THAT'S WHY IT'S THE WAY IT HAS BEEN THE LAST COUPLE OF WEEKS.

>> IT WILL PROBABLY CONTINUE TO BE THAT WAY FOR THE NEXT COUPLE OF MONTHS AND, I JUST WANT TO MAKE SURE EVERYBODY ON THE TEAM NOT THAT YOU'RE NOT AWARE OF IT, BUT THAT'S THE GOAL OF ANYBODY THAT'S INVOLVED IN THE PROJECT LOCALLY AND HOPEFULLY YOU ARE ON THE SAME PAGE TOO.

>> THAT'S WHY I BROUGHT UP, I THINK IT WAS IT LAST MONTH OR THE MONTH BEFORE WHAT MY WIFE HEARD ABOUT THE PACK.

BECAUSE IT'S OUT THERE THAT WE WENT WAY OVER BUDGET, WHICH IS IMMEDIATELY VIEWED AS A BAD THING.

IT HAD NO BEARING ON WHERE WE ARE OVERALL.

SO THAT'S WHERE WE NEED THE HELP OF WHAT IS THE ACTUAL STORY.

BECAUSE THIS WAS SOMEBODY THAT'S PRETTY PROMINENT IN THE COMMUNITY, THAT'S TONER THAT BASICALLY WE'VE SCREWED IT UP BECAUSE THE TAX WAY OVER. ALL THAT STUFF.

>> TO BE FAIR TO THAT PERSON, IF WE GO OVER THE OVERALL NUMBER, THAT WILL BE TRUE.

>> EXACTLY.

>> IF WE DON'T GO OVER THE OVERALL NUMBER, THEN THERE'S A STORY TO TELL.

NONE IS THE TRUTH.

BUT IF WE DO GO OVER THAT OVERALL NUMBER BECAUSE WE ARE ESSENTIALLY SIPHONING UNDER BUDGET FROM THE MAIN SCHOOL, THAT STORY BECOMES TRUE AND THAT STORY WILL BE THE STORY FOR THE FUTURE.

I KNOW WHAT THE DISTRICT FACILITY NEEDS ARE IN THE NEXT DECADE, 20 YEARS, 30 YEARS, AND AS BEAUTIFUL AS THAT HIGH SCHOOL FOR THE NEXT 30-40 YEARS.

IF WE CAN'T MAKE IT WORK ON THE OTHER SIDES.

THAT'S GOING TO BE OLD MAIN BUILDING THAT LOOKS THAT WAY.

ANYWAY, THAT'S THE BIG PICTURE FROM WHERE I'M AT WITH IT.

[01:10:02]

>> TO GO ALONG THE SAME LINES, FIRST OF ALL, I BEAT YOU UP, KEN.

I THINK YOU'VE DONE AN AWESOME JOB.

BUT I HAVEN'T GOTTEN IRRITATED LATELY TO LIKE THE SAME IDEA.

WE SPENT $142,000 ON SIGNAGE ON THE STADIUM.

WE SPENT $35,000 PUTTING PAINT ON BUILDINGS TO MAKE THEM LOOK PRETTY ON THE OUTSIDE.

BUT WE HAVE NOT LIVED UP TO THE OBLIGATION OF THE ORIGINAL BOND.

MONEY'S ALREADY BEEN SPOKEN FOR.

IT JUST MAKES ME WONDER ABOUT THE SOME OF THE DECISION-MAKING KNOWING BECAUSE THIS IT'S LIKE $5.

WE'VE TALKED ABOUT SEVERAL THOUSAND REALLY, IT'S $5 OF SUCCESS OR COMPLETE FAILURE.

BECAUSE IT'S ONE OR THE OTHER IN THE COMMUNITY.

WE SPENT A LOT OF MONEY THAN, WE SPENT SEVERAL HUNDRED THOUSAND DOLLARS ON CARPET AND PAINT HERE THAT TONIGHT AND TO KNOW HOW CLOSE THIS BUDGET IS.

IN THE COMMUNITY THAT'S GOING TO SHOW UP IF THIS DOES NOT GET COMPLETED IN THE PACK AS PROMISED IN THE BOND.

NOT TO TAKE AWAY, BUT FROM WHAT HAS BEEN ACCOMPLISHED, ONE BIT BY THE TEAM.

HOWEVER, WE CELEBRATE AND WHEN HE GOT ALL THE ALTERNATIVES.

BUT WE DIDN'T COMPLETE THE ACTUAL CONTRACTUAL AGREEMENT WITH THE COMMUNITY.

IF WE CAN'T DO THAT, IT'S A FAILURE.

THAT'S WHY I LIKE LAST MEETING AND THE SIGNAGE THING IS JUST MADE THE HAIR ON THE BACK OF MY NECK STAND UP BECAUSE I KNOW HOW CLOSE WE ARE TO SUCCESS OR FAILURE ON THIS PROJECT.

>> HOW MUCH DO YOU THINK ARE ON THOSE LIKE GO NO-GO LINE ITEMS? IF YOU WERE TO, I MEAN, IS THERE A HALF MILLION DOLLARS WORTH OF THOSE, WELL, OBVIOUSLY THERE'S 650 IF THAT'S ONE, OBVIOUSLY THAT'S NOT IDEAL.

YOU DON'T WANT TO TURNOVER REVAMPED PACK WITHOUT LIGHTING AND THE CURTAIN AND WHATEVER.

BUT, THEY JUST GIVE SOME I'M CURIOUS AS TO HOW MUCH OF A SECONDARY CONTINGENCY, IF YOU WILL, THERE IS IF THAT'S $700,000, GETS STARTS BURNING FASTER THAN ANYONE'S COMFORTABLE WITH.

>> THE MURAL IS ABOUT 44 GRAND.

THE STAGE PERFORMANCE STAIRS, WE MARK IS THROUGH A HIGH NUMBER ON IT JUST TO MAKE SURE WE'D COVER IT, WHICH IS 11 GRAND.

THE KILLER ROOM EXHAUST, WHICH WE COULD PROBABLY DO A MUCH LIMITED VERSION OF, WE HAD A NUMBER OF 20,000.

I CAN SHARE THIS SPREADSHEET WITH YOU SO YOU [OVERLAPPING]

>> UNDERSTOOD. WE HAVE LIKE $1 MILLION WORTH OF [OVERLAPPING]

>> WELL, I HAVE TO GO THROUGH AND [OVERLAPPING]

>> PICK AND PULL AND PLAY OR, WE HAVE WE HAVE 650, BUT THAT ONE IS LIKE ITS OWN STAND-ALONE THING.

>> WELL, IF YOU WANT TO ANSWER RIGHT NOW, I CAN'T ANSWER THAT.

IF YOU WANT ME TO SPEND SOME TIME AND SEND YOU A NUMBER OF AN ALL-IN, THEN I CAN DO THAT.

>> IT WOULD BE DOING VIA SECONDARY LEVEL OF COMFORT, I THINK TO KNOW.

>> WHAT I WAS JUST TALKING WITH MARK.

ORIGINALLY, IF THE CTE BUILDING DEMO WAS NOT PART OF THIS.

>> YES.

>> THERE WAS A POSSIBILITY THAT WE WERE KEEPING IT.

THAT IS A TRADE-OFF THAT IF IT CAME DOWN TO IT, THAT WE COULD DECIDE TO MAKE AND THERE'S $600,000 THERE.

>> WHEN YOU FIGURE OUT WHAT HOW TO TEAR THAT DOWN AT SOME POINT.

>> RIGHT, AT SOME OTHER POINT WHICH WE ALREADY HAVE OTHER BUILDINGS IN THE DISTRICT.

THAT IS NOT IDEAL EITHER, THAT IS SOMETHING THAT WE COULD WAIT, [OVERLAPPING] THAT WAS NOT IN THE ORIGINAL BOND PROMISE.

>> THAT'S A SAFE, SAVINGS BECAUSE IN THE BUILDING JUST SITS THERE AND.

>> YEAH. LOOKS UGLY.

>> DETERIORATES AT IT'S CURRENT PACE.

>> YEAH.

>> WELL, I WOULD RATHER SEE THAT BUILDING SIT THERE THEN GO OVER BUDGET ON THE BOND.

>> LIKE SAID THAT'S SOMETHING THAT WE COULD LOOK AT.

WE LEAVE THE BACKSIDE OF OLD MAIN IN THERE TOO?

>> YEAH JUST LEAVE THE STACK WITH THE [LAUGHTER]

>> YEAH, AND THE SCOREBOARD.

>> YEAH, [NOISE] SCOREBOARD.

>> WELL, IF YOU'RE LEAVING THE CTE, YOU'VE GOT TO LEAVE THE SCOREBOARD, JUST DON'T TAKE THE BLACKBERRIES OFF OF IT.

>> BUT YOU ALSO HAVE TO UNDERSTAND THAT LEAVING THE BUILDING THERE IS NOT FREE.

>> NO.

>> IT'S NOT FREE.

>> NO, THERE'S SOME [NOISE] MAINTENANCE COST TO IT, BUT [OVERLAPPING]

[01:15:04]

>> NOW THE MECHANICAL SYSTEMS THAT ARE DRIVING THAT ARE THAT OLD PIECE OF THE OLD NAME, AND DOES NEED TO COME DOWN.

IT CAN'T STAY THERE. SO WE'D HAVE TO INSTALL A NEW MECHANICAL ROOM TO KEEP THAT BUILDING ONLINE IF YOU WANTED TO HEAT IT.

>> I DON'T KNOW WHAT [OVERLAPPING]

>> WE ACTUALLY WENT THROUGH THAT PROCESS OF WHAT IT WOULD TAKE JUST TO DO FROST PROTECTION BECAUSE THEY'RE SPRINKLER LINES, SO IT'S NOT FREE.

>> I'M SURE THERE'S NUANCE TO EVERY DECISION THAT GETS MADE.

IT'S NOT AS SIMPLE AS DON'T DO IT AND SAVED 600 GRAND.

I GET IT. I'M JUST LOOKING AT WHERE IT IS AND I'M I'M JUST HOPEFUL THAT ANYBODY THAT WE GET ALL THE THINGS AND WE SPEND $699,999 SO WE HAVE $635 TO GO ONTO THE INTERNET.

THERE'S SOME STUPID. BUT.

>> WHEN I THINK TO YOUR POINT THOUGH, THE ITEMS THAT WE MIGHT DECIDE NOT TO DO IN THE PARK, SITTING AT THE LEVEL WE'RE NOW EVEN IF WE REDUCED BY SOME.

RIGHT NOW WE'RE ALMOST AT TRIPLE FUNDING FROM THE ORIGINAL BUDGET, SO I VIEW THAT AS A SUCCESS.

>> YEAH. I DO NOT VIEW WHAT WE'VE ACCOMPLISHED AS A SUCCESS AND I WASN'T.

I DON'T WANT TO MAKE IT SOUND LIKE THAT.

I KNOW PERCEPTION IS REALITY UNFORTUNATELY.

MOVING FORWARD FOR PEOPLE IT HAS BEEN FOR DECADES.

MARK, YOU'VE BEEN THROUGH IT HALF A DOZEN TIMES HERE.

IT'S TOUGH AND THE POINT OF THIS COMMITTEE AND THE POINT OF THIS BOND WAS TO SET A PRECEDENT FOR THIS COMMUNITY MOVING FORWARD, THAT WE CAN DO IT RIGHT, AND I'M COMMITTED TO MAKING SURE IT GETS DONE RIGHT.

HOWEVER I CAN, AND IF THAT MEANS COMING TO THIS MEETING EVERY MONTH AND THAT'S WHAT I'M HERE TO DO.

I'M AS HOPEFUL, I'M AS PROUD AS ANYBODY OF WHAT HAS HAPPENED SO FAR.

I'M JUST HOPEFUL AS ANYBODY THAT WE CAN MAKE IT HAPPEN.

BUT WE NEED TO MAKE IT HAPPEN.

>> THE THE PACK BIDS COME IN ON FRIDAY, KEN?

>> YES.

>> ASSUMING THAT COMES IN AROUND THE BUDGET, ARE WE GOING TO HOLD THAT WORK? A COUPLE OF MONTHS JUST TO MAKE SURE, OR WE'RE GOING TO [OVERLAPPING]

>> WELL, THAT'D BE A GROUP DECISION WE NEED TO MAKE TOGETHER, RIGHT MARK?

>> I GUESS IT DEPENDS PARTLY ON HOW FAR UNDER BUDGET COMES.

BECAUSE THE ISSUE WITH DELAYING IS IT DELAYS USE OF THE FACILITY AND PEOPLE ARE ALREADY GOTTEN HOLD OF REHEARSING OF THE PLAY AND WE'RE DOWN.

IF IT'S TIGHT, YEAH, WE MAY HAVE TO.

>> I'VE TALKED TO THEM A COUPLE TIMES.

MY POINT IS, YEAH, MAYBE THIS IS A LITTLE PAINFUL IN THE SHORT RUN, BUT THIS IS LONG-TERM.

WORTH IT TO MAYBE HAVE TO BE A LITTLE FLEXIBLE FOR SOMETHING THAT CAN END UP BEING GREAT.

>> APPRECIATE THAT.

>> YEAH.

>> MARCUS, QUICK QUESTION.

ON THE ROM NUMBERS.

THERE'S BASICALLY 1.7 IN THAT GCCM AND UNREWARDED AND THEN ANOTHER WHATEVER 3.3-ISH ON THE KIND OF THE OWNER RISK SIDE SITTING IN THE WRONG CATEGORY.

YOU GUYS HAVE BEEN PRETTY CONSERVATIVE, SO THOSE ARE BEEN COMING IN UNDER?

>> CORRECT, YEAH.

>> NOBODY'S HOLDING YOU TO ANYTHING?

>> SURE. [LAUGHTER].

>> THOSE NUMBERS, THOSE WRONG VALUES ARE CARRIED THROUGH ON THE SUMMARY SHEET?

>> YES.

>> IF THOSE WERE TO COME IN, IF WE JUST ADD THOSE TO ALL THE ROM TOTAL TOGETHER, IT LOOKS LIKE A LITTLE OVER $5 MILLION.

IN THEORY, IF THEY WERE ALL TO COME IN LIKE IN GENERAL, IF THEIR INCOME 5% UNDER WHAT THE ROM IS, THERE'S AN EXTRA 250 THERE, IF THEY WRITE?

>> YEAH.

>> IS THAT A FAIR [OVERLAPPING] NUMBER TO THINK?

>> YEAH, I WOULD SAY THAT IS A FAIR.

BECAUSE THE REALITY IS OVER THE COURSE OF THIS PROJECT IN PARTICULAR,

[01:20:01]

THEY'LL BE A FEW WHERE THEY'RE RAID ON.

WE'RE JUST A LITTLE OVER, BUT THE MAJORITY OF THEM ARE TRENDING UNDER VARIOUS LEVELS DEPENDING ON IF WE'VE BEEN ULTRA CONSERVATIVE WITH IT.

THEY'LL SAVE A LITTLE BIT MORE AND THEN SOME OF THEM HAVE JUST BEEN PART OF THAT IS BASED ON, AND WE'VE ATTEMPTED TO MAKE SURE WE KEEP THEIR ARMS UP IF THE SCOPE EVOLVES FROM THE INITIAL.

ONE FIRST GET IT ON THE LOG WHEN WE KNOW SOMETHING IS DIFFERENT, TO UPDATING IT, TO MAKE SURE WHEN WE KNOW THE ULTIMATE SCOPE.

ULTIMATELY KNOWING THE NEED OF THAT, TRYING TO BE CONSERVATIVE AND RATHER TELLING YOU, HEY, WE HELD A LITTLE BIT MORE ON THAT AND IT'S COMING IN.

>> I THINK THAT'S A GOOD.

YOU DON'T WANT BE TOO HIGH AND THEN YOU'RE OVERLY CONSERVATIVE AND THEY MAY END UP WITH MUCH BUT [OVERLAPPING].

>> THAT'S THAT'S THE TRICK.

YEAH. I DON'T WANT TO COME IN UNDER, I DON'T WANT TO BE OVER WHERE IT LOOKS LIKE WE'RE GROSSLY NEGLIGENT IN EITHER DIRECTION.

>> IF YOU WERE TO GIVE ME A GUT PERCENTAGE OF GENERALLY WHERE YOU'VE BEEN COMING IN AND ALL [OVERLAPPING]

>> I WOULD SAY 5% WOULD BE GENERAL PIECE, YEAH.

>> BUT GENERALLY YOU COULD LOOK AT THAT AND HOPE [OVERLAPPING]

>> YEAH, AND THERE IS [OVERLAPPING].

>> SHOULD GET ANOTHER COUPLE OF HUNDRED THOUSAND, I DON'T KNOW.

>> WE SHOULD START TO SEE SOME THINGS DIAL IN.

I KNOW THERE'S A LOT THAT HAVE BEEN OUT THERE OUTSTANDING.

WE'RE AT THAT POINT WHERE IT'S TIME TO HUNKER DOWN AND DIAL THIS IN.

A LOT OF HARD NUMBERS HERE WE WILL START TO SEE THAT RAHM CATEGORY DISSIPATING AND SEE THOSE HARD NUMBERS COMING IN.

>> DO YOU FORESEE ANY SUBS SENDING SOMETHING LATE LIKE FOR [OVERLAPPING].

>> NO THE [OVERLAPPING].

>> SEE THEIR FINAL COSTS COME IN AND GO, OH CRAP.

I NEED $50,000 FOR [OVERLAPPING] OUT OF SEQUENCE WORK [OVERLAPPING] YOU KNOW THIS PROJECT WASN'T AS EFFICIENT AS WE THOUGHT.

>> WITH THE DIALOGUE WE'VE HAD WITH THE SUPERINTENDENT RELATIONSHIPS WITH THEM AND I DON'T ANTICIPATE THAT MOST OF THESE GUYS, IF THEY WERE EXPECTING OR ANTICIPATING SOMETHING.

FOR INSTANCE, THIS SEVERE MARKET ITEMS OR THE FUEL ONES, THOSE ARE THE ONES THEY'VE BROUGHT FORWARD.

THERE MAY BE THE MORE THINGS IN THE BACK OF MY MIND WOULD BE IF THERE WAS AN RFI OR SOMETHING OUT THERE THAT'S BEEN PENDING THAT HAS A 1,000, A FEW THOUSANDS HERE OR THERE.

THAT THEY'RE EXECUTING QUICKLY AND THEY'RE GOING TO COME BACK AND REQUEST IT.

THEN WE'D GO THROUGH THE PROCESS OF VALIDATING THAT REQUEST.

BUT TO THAT EXTENT, THAT'S BEEN PART OF THE EFFORT TO, ON SOME OF THESE CONSERVATIVE BRAHMS IS TO BUFFER A LITTLE BIT IN THAT RESPECT [NOISE]

>> HAVE YOU GOTTEN MOST, ANYBODY THAT IS ALLOWED TO CHARGE FOR ESCALATION OR YOU'VE GOTTEN?

>> WE HAVE FOUR PRIMARY ONES AS FAR AS ESCALATION IN ONE FOR FUEL.

OUR CIVIL CONTRACTOR AND THEIR TRUCKING SERVICES HAVE A LARGE, ABOUT 300,000 IN FUEL INCREASED THAT NEED TO BE VALIDATED.

BUT THEY'VE PUT FORWARD, SO THAT'S BEEN PUT ON THIS LOG.

>> THAT'S LEGIT CONTRACTUALLY OR SOMETHING [OVERLAPPING]

>> THAT'S TO BE WORKED THROUGH, I THINK IS HEIDI NEVER TALKED TO.

>> THAT WAS ONE OF THE ITEMS THAT HEIDI ALLUDED TO THAT SOME THINGS WE JUST DON'T KNOW.

FUEL SURCHARGES, WE'VE NEVER SEEN.

IN ALL THE TIME I'VE DONE THIS WORK I'VE NEVER SEEN ANYTHING LIKE THAT.

THAT'S DEFINITELY A QUESTION FOR THE ATTORNEYS AND [OVERLAPPING] JUST THIS WORK AND THAT WAS ONE OF THE DISCUSSIONS WE'VE HAD FOR QUITE SOME TIME AS THE FORCE MAJEURE, WHICH IS THE INCREASE IN MATERIAL CARS [OVERLAPPING]

>> [INAUDIBLE] THEY DON'T GUESS IS TWO BUCKS A GALLON.

>> THE POINT IS YES.

THERE ARE MULTIPLE ITEMS HERE THAT WE NEED TO WORK THROUGH AS A TEAM TO FIGURE OUT WHAT TO DO WITH THIS EXTRAORDINARY CIRCUMSTANCE WE'VE JUST LIVED THROUGH.

WHERE IT USED TO BE, IF SOMEBODY ASKS FOR A FUEL SURCHARGE, WE JUST LAUGH AND GO SURE, WHATEVER.

BUT THAT'S WHEN IT SWINGS FROM 220-310 INSTEAD OF 220-520 RIGHT? SO DIFFERENT LANDSCAPE.

>> I WOULD SAY WE'RE NOT INCLINED TO PASS ANYTHING THROUGH THAT WE DON T THINK IS AN UNREASONABLE REQUEST BASED ON THE CONDITIONS THEY'RE HAVING.

THERE'S BEEN SOME PUSH BACK TO ONES THAT WERE A REMINDER OF WHERE THEY WOULD ANTICIPATE.

THESE ARE REPRESENTATIVE OF THE MORE SEVERE CONDITIONS THAT WOULD BE UNANTICIPATED THAT ARE BEING PRESENTED.

THE CONTRACTUAL WAY THOSE WOULD BE HANDLED AS BEING SIFTED THROUGH AT THIS POINT.

>> IS THE LEADERSHIP TEAM STILL MEETING EVERY WEEK AND IS THERE ANY INTEREST FROM OUR BOND OVERSIGHT COMMITTEE OF MEETINGS SOONER THAN A MONTH AWAY?

>> WE MEET EVERY MONDAY, WEDNESDAY, AND ALTERNATING FRIDAYS.

[01:25:03]

>> IT'S INTERESTING TO ME. I WOULD HAVE A MEETING AND TALK ABOUT FINANCIAL STUFF EVERY WEEK. I WAS INVITED TO IT.

>> [LAUGHTER] YOU HAVEN'T BEEN INVITED YET?

>> I HAVEN'T ASKED YET.

>> ACTUALLY, THERE'S BEEN MULTIPLE INVITES AND SOMEBODY DIDN'T SHOW UP.

[LAUGHTER]

>> JUST SAYING.

>> WHAT'S THE PROBLEM THIS MONTH, FELLAS, QUESTION. [LAUGHTER]

>> THERE YOU GO

>> IF THERE'S SOMETHING, I GUESS I WOULD DEFAULT TO MARK, IF THERE'S SOMETHING OF SIGNIFICANT RELEVANCE TO RELAY IN TWO WEEKS.

I DON'T HAVE ANY PROBLEM HAVING ESSENTIALLY A FINANCIAL SUBCOMMITTEE MEETING OF SOME, I DON'T KNOW WHAT THE TERMS ARE FOR THIS THING, BUT I DON'T THINK THERE'S.

>> [INAUDIBLE]

>> YEAH. I'M NOT OPPOSED TO IT IF IT MAKES SENSE, BUT IF IT'S JUST GOING TO BE, WE'RE STILL WHERE WE'RE AT NOW, THEN THAT'S NOT REALLY NECESSARILY WORTH IT.

>> I KNOW FROM TIME TO TIME WE HAVE REACHED OUT TO FOLKS ON THE COMMITTEE TO GET SOME INPUT AND SHARE SOME INFORMATION AS IT'S BECOME AVAILABLE.

I THINK IF WE'D LIKE TO HAVE, A FINANCIAL SUBCOMMITTEE WOULDN'T NECESSARILY BE BAD.

WE COULD DO A TOUCH BASE.

>> WE CAN DO THREE PEOPLE. THAT'D BE IN A PUBLIC MEETING.

>> WE'VE GOT SEVEN, SO THREE. YEAH.

>> IF WE DID A THREE-PERSON SUBCOMMITTEE MEETING IN A COUPLE OF WEEKS.

>> IF WE DON'T HAVE ANYTHING DIFFERENT, WE CAN SAY, HEY, WE DON'T REALLY HAVE ANYTHING DIFFERENT, BUT WE SHOULD HAVE AT LEAST SOME UPDATED INFORMATION THAT WE COULD GO THROUGH.

YEAH. I THINK THAT'D BE GREAT.

>> THAT'S SOMETHING YOU'D WANT TO BE PART OF.

ANYBODY ELSE WANT TO BE PART OF THAT? I'M SURE JOE WOULD WANT TO BE PART OF IT IF HE IS AROUND.

JUST US THREE IF IT WARRANTS IT.

>> WE'LL LOOK FOR A TIME AND THEN WE CAN AS WE GET CLOSER TOUCH BASE AND SEE IF THERE'S A NEED FOR THE MEETING, BUT I THINK IT'S A GREAT IDEA.

>> YEAH. DOES ANYONE ELSE HAVE ANY MORE QUESTIONS? I DON'T KNOW. DO WE NEED A MOTION? I'M THE LEADER OF THIS THING, BUT I DON'T REALLY KNOW WHAT THE HECK I'M DOING.

>> CAN YOU DEVELOP AN ECONOMIC SUBCOMMITTEE ON THE WHOLE?

>> OKAY. I GUESS ALL THOSE IN FAVOR OF HAVING SANDY, MYSELF, AND JOE LUPO BE A FINANCIAL SUBCOMMITTEE OF THE BOND OVERSIGHT COMMITTEE.

>> AYE.

>> AYE.

>> MOTION PASSED. DOES ANYBODY HAVE ANY OTHER QUESTIONS ON THE EITHER COST MANAGEMENT REPORT? I'M GOING TO NOT BORE YOU GUYS WITH QUESTIONS I GOT EMAILED.

I MIGHT JUST FORWARD THIS LIST OF, THEY'RE LINE ITEMS JUST WANTING SOME MORE DETAIL ON SPECIFIC LINE ITEMS.

>> CERTAINLY.

>> ARE YOU GOOD WITH THAT?

>> I'M FINE WITH IT. YEAH. YOU COPY ME ON THAT TOO.

>> IT'S JUST AN EMAIL FROM JOE.

YEAH. I'LL FORWARD IT TO YOU BOTH RIGHT AFTER THIS MEETING.

CAN YOU GIVE US THE GOOD NEWS UPDATE?

>> I'LL JUST MAKE IT AS QUICK AS POSSIBLE.

MAIN NEW BUILDING OR PUNCH LISTS.

WE'RE SITTING ABOUT 92% COMPLETE.

COMMISSIONING, WE'RE SITTING ABOUT 91% COMPLETE ON THE COMMISSIONING AND IT'LL BE A LITTLE BIT IDLE UNTIL WE FINISH CTE.

WHEN CTE IS DONE, THEN WE'LL FINISH OFF THE WHOLE THING.

REGARDING THE CTE WING, MOST AREAS ARE NOW IN SOME STATE OF FINAL FINISH.

SHEET ROCK IS IN PROCESS AND ALMOST ALL AREAS OF THE WING WALLS HAVE NOW BEEN PAINTED IN THE SOUTH CLASSROOM.

THAT AREA IS NOW READY FOR CEILINGS, CABINETS, FLUORINE, ETC.

TILE IS GOING IN IN THE RESTROOMS, THE CONCRETE SLABS AND THE SHOP AREAS ARE NOW BEING GROUND AND POLISHED.

THE EXTERIOR IS CLOSE TO BEING WRAPPED UP TO

[01:30:02]

INCLUDE DOORS AND WINDOWS SETTINGS AND LOUVERS.

THE CREWS ARE NOW FINISHING UP UNDERGROUND PIPING IN PREPARATION FOR STARTING SIDEWALKS SOON.

THE FOOTBALL FIELD AREA, THE SCOREBOARD WAS RECENTLY UPGRADED, WHICH WE'VE ALREADY TALKED ABOUT.

THE GRANDSTANDS CORNERSTONE DID A GOOD JOB GETTING THEM PRESSURE WASHED AND READY TO GO AND COMFORTABLE FOR THE NEW GAME AND FINAL FANCY AND WENT IN THAT TICKET BOOTH AREA AND THE BUS LOOP OVER THE WEEK OR TWO PRIOR TO THE BIG GAME.

IN THE SITE WORK CATEGORY, THE OLD SENIOR LOT WAS CRACK SEALED AND STRIPED EARLY LAST WEEK AND GETTING IT READY.

I THINK THERE WAS ONE MORE THING TO ADD, MAYBE SOME CROSS-HATCHING OR SOMETHING, BUT PRETTY CLOSE TO BEING WRAPPED UP.

THEN LIGHT BULBS ARE PRIMARILY INSTALLED AND I DON'T KNOW IF GOT POWER UNDER THOSE YET.

I KNOW IT WAS GOING TO BE REALLY CLOSE.

>> NOT YET. YEAH, THEY'RE STILL WORKING ON IT.

>> THEN THE ROOFING WORK IS WRAPPING UP ALONG.

>> MAY I THROW IN A RANDOM QUESTION?

>> SURE.

>> AS YOU WERE JUST TALKING ABOUT THE LIGHT BULBS ON THE STADIUM LOT, STAFF LOT. STAFF LOT? IS THERE WHEEL STOPS GOING IN ALONG THAT SIDEWALK ON THE SOUTH SIDE? I NOTICED ON FRIDAY, ALL THE CARS PULLED UP UNTIL THEIR WHEELS HIT THE CURB AND SO THERE'S NO SIDEWALK LEFT ON THAT MAIN SIDEWALK.

THE LIGHT BULBS ARE RIGHT UP AGAINST THE SIDEWALK, SO YOU CAN'T JUST BUMP THE SIDEWALK AND OTHER. SORRY.

>> YOU'RE JUST ADDING COST

>> I DID. [BACKGROUND]

>> YEAH. I HAVE TO CHECK.

>> YEAH. IT'S JUST A STANDARD FIVE-FOOT SIDEWALK, BUT EVERYBODY'S BACK THEIR TRUCKS UP AND THERE'S LIKE TRAILER HITCH UP YOUR TRAILER HITCH.

>> [INAUDIBLE] [LAUGHTER]

>> YEAH. I GOT ONE, I GOT THE LEFT ONE GOING IN AND THE RIGHT ONE.

NO ICE, SO SORRY.

>> ON THE PACK, THE ROOFING WORK IS WRAPPING UP ALONG WITH THE PERIMETER FLASHING AND THAT PROPORTION OF THE PACKET AND THE PROCESS OF BEING PAINTED A BETTER MATCH THE NEW BUILDING.

ON THE CRITICAL BUILDINGS WATER TANKS ARE PRETTY MUCH DONE.

JAMIE IS LINING UP ONE LAST BIG BEHEMOTH WATER HEATER AT VESTA AND THAT'LL BE DONE.

THEN WE'RE JUST GOING TO BE WRAPPING UP VISTA CONTROLS ABOUT THE END OF OCTOBER, I BELIEVE SO.

THAT'LL BRING US THROUGH TO THE END OF THE CRITICAL BUILDING PROJECTS.

>> DID THE STUDENT LOT OUT BY THE THE SIGNAGE SIGN BOARD THAT GUY SEALED?

>> YEP.

>> DID IT RECEIVE THE SAME LEVEL OF CRACK SEALING THAT THE STAFF LOT DID?

>> HE DID.

>> WE WANTED TO DRESS IT UP TO GIVE TO IMPROVE THE APPEARANCE, KNOWING THAT THE PARKING LOT TOO FAR GONE TO DO AN EFFECTIVE CRACK SEAL.

JAMIE WORKING WITH CAMPS, AND THEN NEGOTIATED HOW MUCH THEY WOULD DO, AND HOW MUCH CRACK SEALING WOULD MAKE SENSE TO BOTH IMPROVE THE LOOK BUT NOT DO THINGS THAT WERE A WASTE OF TIME.

THAT'S WHERE WE LANDED AND WE PAID ABOUT FOR THE RAMPS AND THAT LOT TO THE SOUTH OF THE TENNIS COURTS.

THAT WAS ABOUT 45 GRAND, SOMEWHERE IN THAT NEIGHBORHOOD.

BUT YEAH THAT WAS ALL THAT WAS A BIG GROUP MEETING OUT ON SITE, LOOKED AT THE PARKING LOT TOGETHER.

IT WAS QUITE THE BIG BROUHAHA.

ANYWAY, SO THAT'S WHAT WE ENDED UP DOING, BUT IT SHOULD BE VERY SIMILAR.

>> YOU MEAN YOU CAN STILL SEE THE CRACK GOING INTO THE ASPHALT.

I GUESS I'M WONDERING IS THE GRASS GOING TO COME BACK? THERE WAS A SEALED YES.

>> YES.

>> THE TRADE-OFF WAS SO FAR GONE LIKE YOU CANNOT YOU GOT TO PRESSURE WASH IT TO GET ALL THE DIRT OUT OF IT FOR ACTUALLY TO ADHERE AND WORK.

SOME OF IT IS SO PACKED AND SO FAR GONE.

THAT'S WHAT STARTED AT HE WAS COMING OUT SAYING THIS.

I DON'T FEEL GOOD ABOUT DOING SOME OF THIS, SO WE JUST WALKED THROUGH WHAT WOULD BE THE ONES THAT WE'RE GOING TO CRACK SEAL AND THERE'S GOING TO BE SOME THAT HE DIDN'T BECAUSE HE WAS WORRIED IT WAS JUST GOING TO COME RIGHT UP.

IT HAD NOTHING TO ADHERE TO OTHER THAN DIRT.

SURE. [OVERLAPPING] WE USE THE SAME PARAMETERS IN BOTH LOTS.

[01:35:02]

>> WE KNEW THERE WERE A LOT OF PEOPLE IN THE COMMUNITY THAT WANTED THAT PARKING LOT TO LOOK BETTER THAN IT DID.

AND THAT'S LESSER OF THE TWO EVILS IF [OVERLAPPING].

>> LIPSTICK ON A PIG, YEAH.

>> WELL, THE COOL THING IS THAT RETAINING WALL ALONG MALLOY HIDES THE VIEW OF THAT PART OF THE PARKING LOT ANYWAY. THAT'S ALL I GOT.

>> WE WERE WRONG THE LAST MONTH.

>> EVERYTHING'S PERFECT.

>> WHEN DO YOU ANTICIPATE WILL BE WALKING BETWEEN THE PACK AND THE CTE BUILDING?

>> YEAH. THAT SHOULD BE HAPPENING ABOUT THE SAME TIME.

THAT END OF NOVEMBER WHEN WE'RE OPENING THOSE PIECES.

>> RIGHT AFTER FOOTBALL SEASON.

>> ANY QUESTIONS ON THE WORK SIDE? LANA'S STILL WINTER BREAK TRANSITION.

>> FINAL TRANSITION I WAS SPEAKING WITH BEN ABOUT HAVING A MORE DETAILED TRANSITION MEETING ONCE SCHOOL STARTED AND OPERATIONAL AND LOOK AT WHAT CAN TRANSITION WHEN.

BECAUSE A LARGE PART OF THE DELAY WAS THE TRANSITIONING OF THE EQUIPMENT AND NOT LOSING A LOT OF INSTRUCTIONAL TIME IN THE SHOP CLASSES.

WE'RE GOING TO TAKE A LITTLE MORE DETAILED LOOK AT WHICH EQUIPMENT CAN THEY OPERATE WITHOUT FOR A BRIEF PERIOD OF TIME.

THEY'VE GOT A LOT OF NEW WELDERS AND THINGS THAT ARE COMING IN THAT AREN'T NECESSARILY TRANSITIONING.

THERE MAY BE A WAY TO ACCELERATE THAT A LITTLE BIT, WHICH WOULD BE GOOD BECAUSE THEN WE'RE INTO DEMO AND WHAT NOT LITTLE EARLIER.

BUT CURRENTLY, YES, THE PLAN IS WINTER BREAK, BUT WE'RE LOOKING TO SEE IF WE CAN POSSIBLY PUSH THAT UP A LITTLE BIT.

>> USING CLASSROOM SPACES EARLIER JUST TO TRANSITION.

>> I THINK THE PLAN IS USED CLASSROOM SPACES EARLIER AND THE NON EQUIPMENT INTENSIVE PROGRAMS.

>> YEAH, I GUESS JUST TO ADD TO THAT, IS IN THE SHOP SPACES ONCE THAT EQUIPMENT IS MOVING IN, B, BASICALLY READY TO BRING THAT IN THERE SOME PIECES FOR OUR OVERLAP WITH GETTING THAT SET UP, HOOKED UP HVAC TIE INTO THOSE.

IN DECEMBER THEN THE NEW ANSWERS OF WE'LL SAY COMMISSIONING THE OWNER EQUIPMENT.

>> THEN AS FAR AS THE CTE EQUIPMENT, THE WELDING BOOTHS ARE ALREADY HERE.

THEN THE BALANCE OF THE EQUIPMENT, I'M ACTUALLY BEEN TALKING TO PERIL ABOUT SCHEDULING SOME TIME.

THIRD WEEK, FOURTH WEEK OF OCTOBER FOR ME TO RECEIVE THE SHOP EQUIPMENT AND START GETTING IT SETUP. THAT'S ALL ON SCHEDULE.

>> TIM, I DON'T KNOW IF YOU'RE GOING TO BE BACK AGAIN BUT I WILL SAY THAT YOU KNOCKED IT OUT OF THE PARK AS FAR AS FROM A DESIGN STANDPOINT.

I REMEMBER THAT FEEDBACK APP WE USED BACK IN THE CAFETERIA EVERYBODY SAID, WE DON'T KNOW WHERE THE FRONT DOOR IS.

I THINK WE CLEARLY KNOW WHERE THE FRONT DOOR IS NOW, SO I THINK YOU HEARD THE COMMUNITY LOUD AND CLEAR AND YOU'D CERTAINLY DELIVERED ON THAT.

>> THANKS, BRIAN, AND WE MUCH APPRECIATE THAT.

I KNOW IT'S TONGUE-IN-CHEEK, BUT YOU CAN PROBABLY SEE THE FRONT DOOR FROM ACROSS TOWN NOW.

>> YEAH. APPRECIATE THAT AND THAT VISIONING PROCESS WAS A BIG PART AND CORNERSTONE WAS THERE AS WELL TO HEAR THE COMMUNITY'S NEEDS AND INTERESTS UPFRONT.

THAT WAS A HUGE PART OF THE PROJECT'S SUCCESS.

I'M SURE I'LL BE BACK BUT NO MUCH APPRECIATED.

I JUST TO MAYBE SINCE I HAVE THE MIC FOR A SECOND, REITERATE WHAT JAMIE SAID IS WE ARE KEENLY AWARE THAT THIS PROJECT IS ALL ABOUT THE FINISH.

I'M HOPEFUL THAT THIS ISN'T THE LAST PROJECT WE GET TO DO AND IN FERNDALE.

WE'RE VERY CLEAR MINDED AND FOCUSED AND IT'S BEEN A LITTLE INTENSE AS YOU CAN GAUGE FROM THIS SIDE OF THE ROOM.

[01:40:01]

THE LAST FEW WEEKS, WE'RE GOING TO NEED TO KEEP UP THAT LEVEL OF INTENSITY TO MAKE SURE WE GET ACROSS THE FINISH LINE AND WE WILL.

THIS TEAM IS COMMITTED TO MAKING IT A SUCCESS.

WE APPRECIATE THE COMMUNITY'S INTERESTS AND UNDERSTAND ITS FOCUS AND IT IS OUR INTENTION TO GET THIS ACROSS THE FINISH LINE SUCCESSFULLY. THANK YOU.

>> THANK YOU GUYS FOR MAKING THE TRIP IN PERSON, I GOT APPRECIATE.

IT HAD BEEN A FEW MONTHS TALKING ABOUT TRYING TO GET THIS [NOISE].

IT IS APPRECIATED EVEN IF SOME OF THE QUESTIONS ARE POINTED, BUT IT IS VERY MUCH APPRECIATE IT FOR MARGARET.

>> WE'LL BE BACK UP HERE IN THE MORNING.

>> PERFECT.

>> YEAH. [LAUGHTER]

>> JUST SEND IT.

A FEW BREATHS ON JUST APPRECIATING THE OPPORTUNITY TO BE A PARTICIPANT.

I'VE BEEN A PART OF A LOT OF PROJECT TEAMS. I THINK WE KNOW THE SUCCESS ISN'T UNTIL WE'VE DELIVERED WHAT YOU GUYS WERE TALKING ABOUT, WE HEAR THAT LOUD AND CLEAR.

I THINK SHARING SOME OF THE SUCCESSES TO DATE IT IS MORE OF A DEMONSTRATION OF THIS TEAM IS WHAT WILL MAKE THAT BE THERE.

IT'S MY EXPERIENCE SOLELY IS HOW WE GET TO THESE EXCEPTIONAL OUTCOMES.

I THINK SOMEBODY SAID, BORDERLINE MIRACLE TYPE THING WOULDN'T ESCAPE THE BACK OF MY MIND, BUT IT IS THESE EXCEPTIONAL THINGS IN THE TEAMS. THAT'S WHY I WANTED TO PLUG A FEW OF THE SUBCONTRACTORS, THEIR EFFORT THAT IS OFTEN IN THE BACKGROUND THAT HAPPENS.

CONFIDENCE DOESN'T MEAN THAT THAT TAKES AWAY THAT IT'S A TIGHT NARROW MARGIN HERE THAT WE'RE WORKING WITH AND WORKING THROUGH THE CONTINGENCIES.

BUT IT IS THE COMMITMENT THAT WE WON'T WALK AWAY AND SAY, HEY, THAT WAS GOOD FOR US BUT SUCKS FOR THEM.

IT MATTERS DEEPLY TO US THAT YOU GUYS, I THINK I WAS TELLING MARK IN THESE TENSE CONVERSATIONS.

IF YOU GUYS GO DOWN IN THIS GOAL THEN WE'VE CLEARLY MISSED A MARK.

>> THANK YOU. YOU GUYS ARE FREE TO GO, I THINK THE REST OF OUR MEETING IS INTERNAL STUFF.

FEEL FREE TO GET HOME TO YOUR FAMILIES EVEN IF IT IS BY 09:30 OR WHATEVER.

>> THANK YOU.

>> YES. THE SLEEPING CHILDREN.

I'M SURE YOU GUYS WANT TO TAKE A BREAK.

QUICK. GO BATHROOM WHENEVER YOU GOING TO DO.

>> GOOD. THIS SHOULDN'T TAKE TOO LONG.

IT'S REALLY JUST WANTED TO TALK ABOUT OR RE-INTRODUCE OUR BYLAWS AND THE GC5 AND THEN TALK ABOUT THE FACT THAT WE PROBABLY HAVE ANOTHER REPORT DUE TO THE BOARD AND THE STATE OF THE PROJECT WARRANTS, POSSIBLY LIKE REFORMATTING THE REPORT TO THE BOARD BECAUSE IT'S NOT REALLY LIKE THE ON TIME ON BUDGET, TRANSPARENCY THING AS A HUSBAND.

WE DON'T NEED TO DO ANYTHING WITH THE BYLAWS OR THE GC5 TONIGHT, BUT IT'S MORE TO TRY TO MAKE A PLAN OVER THE NEXT SIX MEETINGS OR HOWEVER MANY WE HAVE LEFT TO MAKE SURE THAT THIS PACKAGE IS CLOSED OUT AND TURN BACK OVER FOR THE DISTRICT TO USE IN THE FUTURE.

I KNOW THE BY-LAWS WERE WRITTEN WITH MAYBE A SLIGHTLY DIFFERENT INTENT THAN WHAT OUR GROUP IS NOW.

I THINK WE HAVE A LITTLE BIT MORE UNDERSTANDING OF WHAT WE DID VERSUS WHAT WE THOUGHT WE WERE GOING TO DO SO.

[INAUDIBLE].

[01:45:01]

I THINK I DON'T WANT TO SIT HERE FOR THE NEXT HALF AN HOUR AND READ THROUGH OUR BYLAWS.

I DON'T THINK THAT'S OF ANY VALUE TO ANYBODY.

BUT IF YOU HAVE THE BYLAWS NOW AND IN PHYSICAL FORM, IF HE COULD TAKE A MARK THEM UP, IF YOU HAVE COMMENTS ABOUT WHAT SOMETHING MEANS OR WHY IS THIS EVEN IN HERE OR WHATEVER.

I THINK IT'D BE A VALUE TO ACTUALLY HAVE A DISCUSSION NEXT MONTH ABOUT MAKING EDITS SO IF WE GO OCTOBER, BRING EDITS, BRING BACK A REVISED VERSION.

IN NOVEMBER, MAYBE DO ONE MORE TWEAK AND THEN BRING A FINAL VERSION LIKE AND I DON'T KNOW IF JANUARY OR SOMETHING.

THAT'LL GIVE A COUPLE OF ROUNDS OF LIKE UPDATING IT.

WE CAN OBVIOUSLY DO SOME STUFF VIA EMAIL TOO, AS LONG AS IT'S WITHIN THE RULES AND WHATEVER.

BUT I DIDN'T WANT IT TO GET TO LIKE, HEY, THE PROJECTS DONE AND THEN IT'S JANUARY AND THEN WE'RE LIKE [NOISE] SEE YOU.

THEN I'M BASICALLY UPDATING IT FOR WHATEVER I THINK IT IS [LAUGHTER].

AGAIN, NOTHING IS NEEDED TONIGHT, THAT BE PREPARED, I GUESS NEXT MONTH TO KIND OF DISCUSS.

AND THEN PROBABLY I WILL DO A QUARTERLY REPORT.

HOPEFULLY WE GET SOME MORE REFINED STUFF NEXT MONTH, FINANCIAL STUFF, AND THEN MAYBE I'LL DO A REPORT IN NOVEMBER FOR THE BOARD.

THEN I SHOULD ACTUALLY, I DON'T WANT TO GO AGAIN AND SAY, NO, I FEEL GOOD.

I THINK WE'RE DOING OKAY.

OR DO THEY GET SWORN IN AFTER THIRSTY YEAR NOVEMBER? I WILL BRING A DRAFT I GUESS, OR WE CAN TALK ABOUT THE STRUCTURE NEXT MONTH.

I LOVE TO DIG BACK INTO THAT.

I REMEMBER I BROUGHT IT TOO IF YOU JUST WANT TO RESEND IT TO ME.

I THINK I CAN BRING THAT UP AT THE BOARD MEETING MAYBE ON BECAUSE IF WE TALK ABOUT REVISING THIS NEXT MONTH AND THEN WE HAVE A WORKING DRAFT, IF YOU WILL, IN NOVEMBER, I CAN TALK ABOUT MAYBE IF THEY WOULD LIKE TO LET THEM KNOW THAT WE'RE LOOKING AT OUR BYLAWS AND THE GC5 AND IF THEY WOULD LIKE TO DO I DON'T KNOW HOW YOU STRUCTURE IT.

WORK SESSION, WHATEVER THE CASE MIGHT BE, OR IF YOU DO AN INNER MONTHS.

I DON'T THINK IT WOULD TAKE IT. LIKE I SAID, I DON'T KNOW WHAT THE HECK I'M DOING HERE.

[LAUGHTER] I JUST TALK A LOT, SO.

PERFECT. THANKS. I APPARENTLY I'VE BEEN DOING IT SINCE 2018, SO JUST REGURGITATING THE SAME THING OVER AND OVER AGAIN.

[NOISE] DOES ANYBODY HAVE ANY QUESTIONS ABOUT OUR STRUCTURE? HOW LONG WE'RE OPERATING? ANYTHING? TAKE THAT AS A NO,

[01:50:06]

[NOISE] AND WE ARE ADJOURNED [NOISE]

* This transcript was compiled from uncorrected Closed Captioning.