1. Bond Oversight Committee
2014 Bond Program
February 1, 2018

2. AGENDA Welcome, Meeting Schedule – Stewart Jacobson, Chair
Bond 2018 Planning – Beth Martinez, Steve Bassett, Carolina Fuzetti
Program Summary – Oscar Saenz
Budget Indicator – Zandra Becerra
Program Status & Next Steps – Oscar Saenz
Projected Program Budget – Carolina Fuzetti
Project Status – Carolina Fuzetti
Classroom Additions
James Reese Career and Technology Education Center
Update on Other Projects (IT, Security) – Long Pham, David Rider
Communication Plan Update – Veronica Sopher
Small Business Program – Carolina Fuzetti
Debt Service Fund Update – Steve Bassett
Open Feedback from BOC Members – Stewart Jacobson

3. Comprehensive Approach to Planning
Bond 2018 Planning
Facilities Master Plan
Recommended actions to address district’s long-range facilities utilization
Includes recommendations to evaluate boundaries, building additions, and/or construction of new schools
Capital Plan
Analysis of estimated costs to address construction of new buildings, building additions, major renovation, and major maintenance (lifecycle and deficiency)
2018 Bond Program
Recommended projects selected from the comprehensive Capital Plan
Good evening Dr. Dupre, Madame president, members of the School Board.
Tonight, we will provide an update on facilities master planning, capital planning, and the development of the 2018 Bond Program. At your seat we provided a detailed planning document that shows the planning timeline for facilities planning, and bond planning side by side from August 2017 through November 2018.
During this presentation we will go into detail about this timeline.

4. Developing the Facilities Master Plan
Bond 2018 Planning
Developing the Facilities Master Plan 
Facilities Assessment
Performed by PBK
Currently Underway, Estimated Completion by March 2018
Educational Adequacy
Includes Development of FBISD Educational Specifications
Building Condition
Lifecycle and Deficiency
Building Utilization Study
Facilitated by Cooperative Strategies
Begins January 2018, Estimated Completion by May 2018
30 Member Steering Committee
Community Engagement
Enrollment Projections Provided by PASA
Facilities Assessment - Update
PBK – Firm selected to perform 2018 Facilities Assessment
Held meetings with Department Heads – Identify Deficiencies
Total of 15 Sites have been inspected to date
Complete assessment by March 2018
Development of Educational Specifications
Guide the development of the structures to support FBISD’s educational priorities
Completed initial meetings with BOT members - Identify and Define Guiding Principles.
Proposed draft of Guiding Principles presented to the BOT – Develop CV (Local)
Scheduling Community Meetings to obtain input/feedback – Nov/Dec
Meet with Department Heads to develop / update Ed Specs
Investigation stage to determine best ways in which to better utilize our buildings for program such as pre-k
Talking to current systems like KIPP and visiting the Rise School in Houston – possible pre-k charter

5. Developing the Facilities Master Plan
Bond 2018 Planning
Developing the Facilities Master Plan 
Consolidate Results of Facilities Assessment and Building Utilization Study
Options and Recommendations Regarding:
Construction of New Buildings and Additions
Suggested New Boundaries
Program Implementation, Expansion, and Relocation
Facilities Master Planning process will not include drawing boundaries, but will include “theoretical” boundaries to be considered during future boundary processes

6. Developing the Capital Plan
Bond 2018 Planning
Developing the Capital Plan 
Components from the Facilities Assessment and Facilities Master Plan
Identified other building construction/renovation needs
Future Ready Schools
Fine Arts
Athletics

7. Bond 2018 Planning Bond Election November 2018 Critical Path
Form Bond Oversight Committee December 2017
Bond Oversight Committee Meeting #1 February 2018
Safety & Security Master Plan Presentation to BOC and BOT February 2018
Bond Oversight Committee Meeting #2 and Technology Master Plan Presentation to BOC and BOT March 2018
Bond Oversight Committee Meeting #3 and Facilities Master Plan Presentation (Part 1) to BOC and BOT April 2018
Bond Oversight Committee Meeting #4 and Facilities Master Plan Presentation (Part 2) to BOC and BOT May 2018
BOT Presentation #2 for Bond Planning July 2018
Bond Oversight Committee Meeting #5 and BOT Presentation #1 for Bond Planning June 2018
Bond Election November 2018
Building Utilization Study November/ December 2017
Educational Futures Conference and Steering Committee #1 January 2018
Steering Committee #2 and Community Engagement #1: Educational Framework February 2018
Steering Committee Meeting #3 and Board Update March 2018
Community Engagement #2, Steering Committee #4 and #5, and Board Update April 2018
Facilities Master Plan Update to the Board May 2018
Critical Path

8. Reimbursement Resolution Projects
Bond 2018 Planning
Reimbursement Resolution Projects
New Construction & Classroom Additions
ES 51
Design Fees - HVAC Systems (including air handlers)
Multiple Campuses
Facility Enhancements
Hall Stadium – Structural Issues
Mercer Stadium – Light Standard Upgrades
In our continued planning for Bond 2018 we have identified several areas that will need funding through this vehicle. Currently, the largest project is Elementary 51 and Classroom Additions. But we are also looking at other facility deficiencies and life-cycle needs. Electrical power distribution, energy conservation initiatives and HVAC projects.

9. Bond 2018 Planning PROGRAM MANAGEMENT
In our continued planning for Bond 2018 we have identified several areas that will need funding through this vehicle. Currently, the largest project is Elementary 51 and Classroom Additions. But we are also looking at other facility deficiencies and life-cycle needs. Electrical power distribution, energy conservation initiatives and HVAC projects.

10. Program summary Budget Indicator
As of
December 2017
Total Bond = $484.2M (100%)
Committed = $381.4M (78.8%)
Cost To Date = $314.6M (65.0%)
Total Bond: $484.2M
$480M
$400M
$300M
$200M
$100M
Committed: $381.4M (78.8%)
Cost to Date: $314.6M (65.0%)

11. Note – Phases Percent complete is based on cost to date
Program status
Overall Bond Program –
Approximately 79% Complete
Phase I – Approximately 93% Complete
21 campuses are under construction
8 campuses are closing out and under warranty
Phase II – Approximately 71% Complete
36 campuses are under construction
Phase III – Approximately 10% Complete
29 campuses are being negotiated
7 campuses are under construction
1 campus is complete
Note – Phases Percent complete is based on cost to date

12. Phase I Phase II Phase III Program next steps
Close out all of the work
Continue warranty period
Phase II
Complete construction phase
Continue closing the projects
Phase III
Bid and award remaining bid packages
Continue construction
PHASE
DESIGN
CONSTRUCTION SD DD CD
BID
CONST
CLOSE/
WNTY I II
III
LEGEND
Complete In progress Next step

13. Projected Program budget
Item 
Total
Current Commitments/
Approved Change Orders
(A)
$381.4M
Estimates/
Pending Change Orders*
(B)
$87.3M
Total Projected Budget**
(C)=(A) + (B)
$468.7M
2014 Bond Budget
(D)
$484.2M
Projected Bond Program Balance***
(E)=(D) - (C)
$15.5M
Notes: Data as of 12/31/2017
* Projected estimate to complete (based on estimates and pending commitments)
** Phase I and II total project budget excludes construction contingency balances
***Phase III total projected budget includes all construction contingency for projects that have not started construction

14. Cornerstone ES Schiff ES Oyster Creek ES Sienna Crossing ES Holley ES
CLASSROOM additions
RWS Architects, Inc.
Teal Construction Company
Cornerstone ES
Schiff ES
VLK Architects
Bass Construction Co., Inc.
Oyster Creek ES
Sienna Crossing ES
Cre8 Architects
Holley ES
Scanlan Oaks ES
Activation
Start
Complete
Feb 5
Feb 12

15. James Reese Career and Technical Education Center
NEW CONSTRUCTION
James Reese Career and Technical Education Center
Stantec Architects - Architect
Bartlett Cocke, L.P. - General Contractor

16. James Reese Career and Technical Education Center
CTE Center
Groundbreaking ceremony was held on 11/8/17
Drill pier installation in progress
Storm and sanitary underground piping installation in progress

17. Technology & Security Camera Update

18. Technology & Security Camera Update
Wireless:
ES campuses cabling: Phase 1(20/20), Phase 2/3  merged (23/25)
Phase 1 remaining campuses: completed
All ES campuses have power
All campuses’ equipment has been ordered
Phase 2 has 3 campuses left
Phase 3 has 10 campuses left
Colony Bend ES is on hold awaiting build out of an IT equipment room
Seguin ES is on hold awaiting build out of campus
Estimated completion: the end of summer 2018
Security Cameras:
Cameras completed at all Phase 1 campus
Cameras are being installed in Phase 2 campuses; estimated completion in May
Phase 3 campuses will be installed beginning of summer and complete by the end of summer 2018
Storage
3 Petabytes (3,000 TB) storage is online
It is estimated that 1-2 more PB will be needed for future video requirement

19. Technology & Security Camera Update

20. Communications Plan Update
Continued monthly status reports on
Two-page feature on FBISD CTE programs and groundbreaking for the James Reese Career and Technical Education Center published in the January edition of the FBISD News Magazine, mailed to approximately 141,000 District addresses
Publicity photos to celebrate new classroom additions at elementary campuses

21. SMALL BUSINESS INITIATIVE
FBISD Small Business Enterprise Coordinator recognized as "R. A. Wiltz Minority Business Advocate of the Year Award" by Greater Houston Business Procurement Forum Committee.
Fort Bend ISD Small Business Enterprise program results:
January 2018: Out of $277.5M approved construction budgets, $67.1M are for SBE contractors (24%)
October 2017: Out of $259.8M in approved construction budgets, $58.1 are for SBE contractors (22%)
Board goal is 25%
Multiple events held on‐site to educate vendors on the process
Participation in various small business & chamber events throughout the metro area

22. DEBT SERVICE FUND UPDATE
Summary of Outstanding Debt (As of )

23. DEBT SERVICE FUND UPDATE Variable Rate Debt - 17.77% of Total Debt
Series 2015A – $33,155,000 (2014 Bond)
Due 8/01/18 (remarketed 8/01/16)
Board approved $11 million pay down from DSF fund balance
Series 2015B – $40,395,000 (2014 Bond)
Due 8/01/19 (remarketed 8/01/17)
Series 2017C – $45,000,000 – (2007 & 2014 Bonds)
Commercial Paper Refunding (Green)
Due 8/01/20
Series 2017D – $50,000,000 (2007 & 2014 Bonds)
Commercial Paper Refunding
Due 8/01/21

24. DEBT SERVICE FUND UPDATE 2018 Planned Transactions (through August)
CTE Center $60 million – taxable
Refunding Commercial Paper $100 million (currently $40 million in place)
Remarketing Series 2015A – $33.1 million less $11 million (due to mature in 2022)
Current Refunding 2008 bonds
Timing based on district cash flows, market conditions, and balancing combining vs. underwriter management

25. Bond Oversight Committee
2014 Bond program