Bond Oversight Committee Meeting Fourth Quarter 2015 January 26, 2016

Construction highlights Lee HS Dining commons framed Metal roof deck installed 2 DeBakey HS Beams and columns visible in Med Center

Construction highlights Milby HS First tilt wall for new school lifted into place 3 Furr HS Groundbreaking held in October Vertical construction

Construction highlights 4 Worthing HS Final cleanup for first floor terrazzo Grady MS Canopy at courtyard

Construction highlights 5 Mickey Leland Prep Placement of concrete at northwest parking lot Mark White ES Tilt wall forms being prepared

Construction highlights 6 Condit ES Interior view of learning commons SECHS Front view of building from the west side

Construction highlights 7 Mandarin Chinese School Learning commons atrium/raised Clerestory roof Delmar Fieldhouse Steel truss installation

Construction highlights 8 Washington HS Removal of existing water and sewer lines; grading Sterling HS Northwest curtain wall installation

Construction highlights 9 North Houston Early College HS Further progress on exterior

Design highlights Construction Documents completed for Yates HS, Eastwood, Dowling MS, Parker ES, HSLECJ, Washington HS Update to HISD Design Standards and Guidelines issued Sponsored City of Houston Code Enforcement and Permitting seminar 10

Doing Business Office of Business Assistance held and participated in multiple programs to promote HISD business opportunities M/WBE commitments for contracts awarded to date: Architect projects represent 55% Construction firm projects represent 25% Program management firm projects represent 47% Other projects represent 34% 11

M/WBE networking events Workshop Wednesdays: October – “Understanding the HISD M/WBE Program” November – “The Power of Marketing” December – “HISD Bond Program Workshop” 12

M/WBE outreach events City of Houston Construction Contractors College: Panel Presentation at KBC Greater Houston Business Procurement Forum: 2016 Planning Committee Houston Minority Supplier Development Council: 2015 Expo US TX DOT: Houston Bonding and Access to Capital Program 13

M/WBE commitment 14 Certified Minority/Women Owned Businesses Breakdown 2012 Total Combined Projects

Supplemental funding In December, the HISD Board of Trustees approved $212.4 million in additional funding for bond program. Though the additional funding isn’t needed immediately, administrators sought authorization to spend the dollars for project planning and design purposes. The $212.4 million will only be spent if it still is needed after all other bond funds are exhausted. 15

Supplemental funding The additional money will be funded through the issuance of Maintenance Tax Notes and reserves from the 2007 voter- approved bond. The new debt is not expected to impact other school district needs, nor will it impact the district’s credit rating or tax rate. 16

Bond financial report The total for the 2012 Bond Program is $1.89 billion, and the issuance of the bonds has been planned in four sales. Commitments of $573,760,844 (including encumbrances of $307,320,771 and actual expenditures of $266,440,073) leaving $1,316,239,156 of available funding. 17 Total Budget, Commitments & Available Funding to Date Total Budget: $1.89 billion (issuance sales in millions) 2013 (Sold Sept) 2014 (Sold Sept)

Communications Added RSS feeds to each bond project page online to aggregate HISD news blog articles Provided newly elected trustees with up-to-date project notebooks Working with PATs to proactively address communications needs Coordinated 7 community meetings; 5 scheduled so far for February Regular social media, blog, and Facebook updates 18

Looking ahead Community meetings for Groups 1, 2, 3 & 4 schools Grady MS moving into new wing Other schools nearing completion: North Houston Early, South Early, Worthing HS Additional contracts to be awarded/approved 19

Thank you