4/8/2025
Measure I
City Council
RTC 25-412 Item 8: Update on
Measure I - Santa Clara's Public
Facilities and Infrastructure
Bond Measure Work Plan,
Implementation Schedule, and
Request for Direction on the
Appointment Process and Terms
for the Measure I Bond
Compliance Oversight
Committee
April 8, 2025
• November 4, 2024, Santa Clara voters approved the
Public Facilities and Infrastructure Bond Measure
• $400M general obligation bond to fund capital
infrastructure improvements throughout the City
• Measure requires compliance with the Expenditure
Plan and the formation of a Bond Compliance
Oversight Committee
Item# 8
POST EETING MATERI l
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Expenditure Plan Summary
• Fire Stations and Emergency Response: $142.2M
• Parks, Libraries, Senior Center, and Aquatics: $115.3M • Storm Drain System Improvements: $46M
• Police Facilities: $44M
• Streets and Transportation: $41.2M
• Historic Buildings & Beautification: $9.2M
Expenditure Plan Projects
Project Areas - Total
Sffilets d T an ransoo mrtJ on 41170000
Street Resurfacina and Rehabilitation 23.000.000
ADA Improvements 10,000,000
Creek Tra il Rehabilitation 2,500,000
Bicvde Wavfindino 300,000
Contingency/Escalation/Administration 5,370,000
Fire Stations and EmemAncy Raaoonae 142,235,450
Fire Stations 5 Replacement 27,000,000
Fire Stations 7 Replacement 27,000,000
Fire Stations 9 ReplacemenURenovations 9,000.000
Fire Station 1 ReplacemenURenovations 58,000,000
Fire Training Tower Renovation 783,000
Various Fire Station Infrastructure Uoorades 1,900,000
Continaency/Escalation/Administration 18,552,450
Police Facilities 43,987,500
Police Department Drone First ResPOnder Infrastructure 3,000,000 Emergency Operations Center Infrastructure 250,000
Police Trainino Facilitv 30,000.000
Police Department Facility and Real-Time Crime Center 5,000,000 Infrastructure Contingency/Escalation/Administration 5,737,500
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Expenditure Plan Cont.
Projec t Areas -
Parks, Library, Senior Center, and Aauatics Facilities
Renovation/Expansion of 3 Public libraries
Senior Center Expansion/Renovation
Community Aquatic Facility/lSC Renovation/Replacement
Bowers Park Renovations
Earl Carmichael Park Plavoround Renovations
Warburton Park Plavoround Renovations
Henry Schmidt Park Playground Renovations
Pickleball Court
Marv Gomez Park Renovations
Aged Parks & Buildings Infrastructure in Critical/Poor
Condition
Contingency/Escalation/ Administration
Expenditure Plan Cont.
Total
1./:-~-.::•,;. City of
((t~~') Santa Clara
~ Th,, C,:nli,1 L'I \'II, ,t , r •· . • ,l,k
115,258,750
9,000,000
9,500,000
45,000,000
4.400,000
2,900,000
3,000,000
4,325,000
1,600,000
2,500,000
18,000,000
15,033,750
Project Areas Total
Stonndraio SV1lfem lmorovements 48000,000
Stormdraln System Improvements 16.423,000
Storm Water Retention Basin Remediation 9,209,000
Green Stormwater Infrastructure Oesian & Construction 6,645,000 Lafavette St. Underpass at Subwav Pump Station 4,946,000 Bowers Ave Underpass SOPS Rehabilitation 2,030,000
SOPS Motor and Control Reolacement 347,000
Stormdrain Pump Station Outfall Reconstruction Program 250,000 Stormdrain Renovations 150,000
Continaencv/Escalat ion/Adminislration 6,000,000
Historic Bulldinas and Beautification 9,200,000
Street/Median Beautification lmorovemenlS 4,000,000
Renovations to Historic Buildinos 3,000,000
Triton Museum Improvements 1,000 ,000
Continoency /Escalalion/Administration 1,200 ,000
iBond Issuance COsfs 2,000,000 I
GRANO TOTAL $ 3ss,ss1 .100 I
Item# 8
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-?:> 1: City of
( ~ ) Santa Clara
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Transparency and Accountability Plan
1. Voter Approved Expenditure Plan including project category areas and related spending amounts [Ordinance Section 6, Section 13(b )(i) and Exhibit A)]
2. Process for substantive amendments to the Expenditure Plan to require a staff recommendation, input from the Community Oversight Committee and unanimous approval of the City Council [Ordinance Section 13(b)(ii)]
3. Formation of a Community Oversight Committee to ensure compliance with bond requirements and provided input on any proposed Expenditure Plan amendment [Ordinance Section 13(a)(viii) and 13(b )(iv)]
Transparency and Accountability Plan
4. Bond expenditures subject to independent annual audits with public presentations of the audits to the Community Oversight Committee and Council Audit Committee [Ordinance Sections 13(a)(v)-(vii) and 13(b )(v)]
5. Strict prohibitions on the use of bond proceeds for (a) Levi's Stadium Improvements; (b) any projects for the sole benefit of Levi's Stadium; (c) any improvements within .5 miles of the Stadium, except for improvements in residential neighborhoods of direct benefit to those areas and not Levi's Stadium; and (d) the direct or indirect benefit of any professional sports team [Ordinance Section 13(b )(iii)]
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Transparency .and Accountability Plan
6. Funds only to be used for public infrastructure projects serving the City of Santa Clara [Ordinance Section 13(a)(ii)]
7. All bond proceeds are to be deposited into a separate account(s) and tracked on a project-by-project basis [Ordinance Section 13(a)(x)]
8. No bond proceeds are to be used for employee salaries or benefits with the exception of normal and customary personnel charges for project management and delivery services not to exceed 5% of bond proceeds [Ordinance Section 13(a)(i)]
Transparency and Accountability Plan
9. Annual public presentations on the Expenditure Plan and project status to the Community Oversight Committee and the City Council [Ordinance Section 13(b )(v)]
10. For projects requiring mail notice, noticing to all properties within 1,000 feet of the project [Ordinance Section 13(b )(v)]
11. Enhanced communications program on bond-funded projects including on the City's webpage with public signage providing further information at project sites [Ordinance Section 13(b )(v)]
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Measure I Governance Structure
• Internal Leadership Team
- Capital Projects Program Manager
- Director of Public Works
- Finance Director
• Bond Administration Team
- Finance Director
- Bond Counsel - Jones Hall*
- Municipal Advisor - Public Financial Management *
* Approved by City Council Reso 24-9341
Bond Compliance Oversight Committee
• Responsibilities
- Monitor project alignment with Expenditure Plan
- Review annual audits
- Provide input on proposed plan amendments
- Inform the public
• Recruitment and Selection Process
- 9 members (7 residents, 1 large business, 1 small business) - Selected by lottery and confirmed by the City Council Item# 8
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Bond Compliance Oversight
Committee: By District or At-Large
• Ordinance requires that seven resident members be chosen by a lottery method
• City Council should determine if the lottery will be structured by one of the following:
- District Based: six (6) district seats and one (1) citywide seat, which aligns to how the City Council is structured, or
-At-Large: all seven (7) seats will be chosen irrespective of district residency.
Bond Compliance Oversight
Committee: Term Limits
• Proposed term structure: Members would be eligible to serve two full four-year terms.
• For continuity and to prevent all seats from being vacated simultaneously, recommend initial appointments to be staggered as follows:
- Two-year term for representatives from Districts 1, 3, and 5, and Small Business Representative
- Four-year term for representatives from Districts 2, 4, 6, the at-large seat, and Large Business Representative
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Applications by District to Date
Large Business: 3
Small Business: 1
Resident by District: D1=3
D2=7
D3=5
D4=8
D5=7
D6=4
Bond Issuance Process
• IRS regulations for tax exempt bonds require expenditure within approx. 3 years
- Multiple bond issuances in phases to ensure compliance • Identification of Projects for Phase 1
- Staff estimates costs and project timeline
- Oversight Committee review aii.d confirmation of Expenditure Plan compliance - Council approves Phase 1 projects
• City adopts a resolution authorizing a tax levy for incorporation into the upcoming property tax roll
• June 2025 - City Council to authorize first tax levy
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Capital Projects Delivery Strategy
Type 1: Projects that are Design-Ready
- Project that are ready to be designed and are ready to proceed with funding Type 2: Projects requiring Conceptual Design
- projects that are multi-year initiatives that are larger or more complex and require additional time to finalize design concepts
Type 3: Projects requiring Planning and Feasibility
Study
- Projects that require study, planning and feasibility assessments before design Current Efforts:
• Proposed Project List: Public Works is identifying
potential projects to be included in the initial bond
issuance which will include projects from all three capital project delivery types
• Staff Capacity: Evaluating staffing model to ensure
adequate resources are available to support the Measure I bond projects
• Committee Formation and Training
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Phase 1 Schedule
Meetings
Lottery Sefection and Confirmation of Bond Compllanc& OVersight Committee - - _ ·
Recommendation:
1. The City Council note and file the Measure I update report.
Dates
May2025
May/June 2025
June 2025
June 2025
Q42025
2. The City Council take the following actions with respect to the Measure I Citizen's Oversight Committee:
a. Approve the criteria that 6 of the 7 residents serving on the Citizen's Oversight Committee be selected by District so that all 6 Council Districts are represented. b. Stagger the Citizen's Oversight Committee representative terms as follows:
i. Initial Two-year term for representatives from Districts 1, 3, and 5, and Small Business Representative
ii. Initial Four-year terms for representatives from Districts 2, 4, 6, the at-large seat, and Large Business Representative
All Committee Members shall be entitled to serve up to 2 full-four year terms. Those members serving an initial two-year term will be eligible to serve up to two additional four-year terms.
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