The citizen’s bond oversight committee takes place twice a year in the board room on it’s latest meeting was held on Monday, May 8.
This year Felipe Lopez, Vice President of Business Services Assistant Superintendent, presented the July 1, 2015 through June 30, 2016 annual report.
The new Fine Arts Complex and Math/Computer Information & Science Building, whose grand opening occurred on Wednesday, Feb. 15 are the newest completed bond projects.
Lopez also said the old Fine Arts Building was not in rush to be demolished, it was pushed till the end of the year.
The new Falcon Stadium was approved by Division of State Architects, the construction will start on Monday, May 22, through the summer, and by the fall semester will be ready to use.
Lopez commented that everything is going pretty smooth and great right now, a lot of god buildings are coming up, he said they are exited they have a good number of programs and buildings coming alone.
He would like to see a lot of change on this campus.
The beginning balance of the Measure CC bond fun year 2004 – 2016 was $210 million, general obligation bond for Cerritos College.
The supporters of Measure CC justify the proposed $210 million Bond issue as necessary; for issues an inherent with 60-year old institution in need of basic repairs and modernization to build needed new classrooms and labs and so much more.
During the approval of draft 2015-16 annual report to the committee was passed.
Teresa Moore, wife of John Moore, who represents the Senior Citizen’s Association on the committee said, “It’s quite extensive, I’m listening to question that were made towards the bond money of this year in where is it going toward.
“Everybody seem to be very knowledgeable, they seem to want to be here, they want to know what is going on and how the money is spent,” she said.
Moore continued, she said it looks like a lot of building going on, and it seems to be for the best.
A new annual report was easier for anyone to read and understand where all the bond money it’s spent on.
According to the community Measure CC and Measure G bond overview, on November 6, 2012, the voters in the Cerritos Community College District approved Measure G, a $350 million General Obligation Bond for Cerritos College, providing funding for the continuing renovation of the nearly 60-year old campus.
Lopez said the District issued its first Measure G General Obligation Bond Series 2014A in the amount of $100 million on Nov. 2014.
For further information in how to obtain a free annual report Cerritos Community College District Citizens’ Bond Oversight Committee contact Lopez at, flopez@cerritos.edu, (562)860-2451 Ext. 2242
Current projects:
Cerritos College revenue bond fund Measure CC, General Obligation Bond as of March 31.
Project Description, Budget Updated Per Print Date on Feb. 21, Total Expended Amount, Encumbered Amount, and Balance to Complete are explained below.
- Cops Repayment $17,957.329 – $17,957.329
- Planning & Evaluation/Management $2,506,680 – $2,506,679
- Science Building $6,512,521 – $6,512,521
- Metal – Seismic $667,647 – $667,647
- Woodworking – Seismic $329,666 – $329,666
- Information Technology Upgraded/Enhancement $4,441,424 – $4,441,422
- Track & Artificial Turf $3,810,728 – $3,760,728
- Athletic Fields (Soccer, Tennis and Baseball) $4,240,645 – $4,240,645
- Health Sciences $81,139 – $81,139
- Infrastructure/Site Utilities Upgrade $28,230,322 – $28,222,361
- Physical Science & Technology Building $15,013,849 – $15,021,810
- Facilities/Purchasing Complex $9,521,183 – $9,521,182
- Liberal Arts/DSPS $21,058,768 – $21,053,110
- Social Science $2,164,689 – $2,164,689
- Social Science Elevator $526,252
- Parking Lots – Improvements to Existing $2,516,126
- Auto Tech Center $7,729,938 – $7,729,938 – $7,729,938
- Auto Partners (SCCTT) $4,878,455 – $3,378,455
- Site Development (Walkways/Fire Lanes, Landscape) $894,574 – $893,861
- Fire Alarm Upgrades $6,958,301 – $6,953,302 – $5,000
- Environmental Survey, Evaluation & Demolition $1,876,986 – $1,876,986
- Pool/Pool House, Restrooms, Storage $6,008,931 – $6,008,931
- Campus Accessibility Upgrades $222,017
- Swing Space & Moving Costs $5,759,201 – $5,759,201
- Learning Resource Center $635,932 – $635,933
- Health, Safety, & Security Improvements $189,513 – $189,513
- Parking Lots – Wide Signage $1,959,099 – $1,959,099
- Campus-Wide Signage $15,666 – $15,666
- Campus Group 2 Equipment $638,057 – $638,057
- Science Building – Plaster & Painting Repairs $125,752 – $125,752
- Restrooms Projects $768,173 – $768,174
- Gymnasium $4,558,652 – $4,497,963 – $5,607 – $55,082
- Culinary Arts Renovation $137,516 – $137,516
- Fine Arts $181,945 – $239,103
- Child Development Center – Relocation $6,311,783 – $239,103
- Gym Site Improvements/Marquee $1,384,145 – $1,384,145
- Division of State Architect Closeout – Uncertified Projects $390,361 – $237,897 – $29,710 – $122,755
- Roof Replacement $721,864 – $721,864
- Computer Information Systems/Math $22,977,768 – $20,974,125 – $1,286,424 – $717,219
- Student Center Improvements – Undefine – $131,078
- Boardroom Upgrade – Undefine – $102,719
- IT Infrastructure $2,600,000 – $377,240 – $381,899 – $1,840,861
- Press Box $715,00 – $715,000 – $679,615 – $217,548
- Landscape $1,164,948 – $996,070 – $184,070 – $184,079
- Way Finding $1,727,492 – $1,562,579 – $131,425 – $33,488
- Student Services Relocation $2,276,459 – $2,072,007 – $32,204 – $172,247
- Security Fence – $345,857 – $310,671 – Undefine – $35,186
- Sports Field Restrooms $659,612 – $657,016 – $28,950
- Total $221,817,607 – $215,969,976 – $2,302,846 – $2,977,551
- Fiscal 2016 – 2017 Total Expenditures $8,886,237
- Fiscal 2016 – 2017 Ending Fund Balance as of March 31, $6,300,004
- Cerritos College Revenue Bond Fund – Measure G, General Obligation Bond as of March 31
- Project Description, Budget Updated Per Print Date on Feb. 16, Total Expended Amount, Encumbered Amount, and Balance to Complete are listed below.
- GO Bond Series 5 – Undefine – $466,075
- Bond Implementation and Administration $4,250,000 – $497,305 – $263,965 – $3,488,731
- Social Science Renovation Project – Undefine – $466 – $3,034
- Parking Lots: Improvements $5,000,000 – $258,778 – $125,556 – $4,615,666
- Social Science Elevator $1,300,000 – $166,759 – $260,350 – $872,891
- Construction Management $12,750,000 – $1,359,266 – $1,494,460 – $9,896,274
- Swing Space $1,939,796 – $1,973,895 – $27,171
- Learning Resource Center $7,218,478 – $6,985,853 – $308,000
- Stadium Turf Replacement $3,000,000 – $165,328 – $194,972 – $2,639,700
- Culinary Arts $7,603,210 – $7,758,247 – $85,924
- Fine Arts $33,530,000 – $31,545,367 – $2,950,204
- Child Developments Center $5,000,000 – $34,940 – Undefine – $4,965,060
- Roof Replacements $3,000,000 – $2,192,575 – $44,862 – $762,563
- Campus Wide Projects -Security $1,475,000 – $853,848 – $473,283 – $147,869
- Health & Wellness Complex $67,800,000 – $3,939,486 – $8,375,253 – $55,485,261
- Health Science $9,990,000 – $80,000 – Undefine – $9,910,000
- Filed House $11,660,000 – $631,802 – $535,894 – $10,492,304
- Shae Structures $6,900,000 – $2,004,572 – $3,827,759 – $1,067,669
- Electrical Upgrade $3,780,000 – $5,323,950 – $882,574
- Central Plant Expansion & EMS Upgrade $10,800,000 – $2,123,646 – $2,493,556 – $6,182,798
- Burnight Center $70,600,000 – $4,175,793 – $2,456,988 – $63,967,219
- Utilities Infrastructure $2,400,000 – $148,515 – $19,949 – $2,231,537
- Moderation $10,000,000 – Undefine – Undefine – $10,000,000
- Falcon Center $70,447,500 – Undefine – Undefine – $70,447,500
- Business Education/Language Arts $23,230,000 – Undefine – Undefine – $23,230,000
- Student Services Relocation – Undefine – $135,268
- LRC Improvements – Swing Space $1,496,006 – $1,496,006
- Culinary Arts – Swing Space $1,193,893 – $1,193,893
- Contingency
- Total $376,363,883 – $75,518,782 – $24,823,754 – $280,403,041
- Fiscal 2016 – 2017 Total Expenditures $18,577,439
- Fiscal 2016 – 2017 Ending Fund Balance as of March 31, $25,515,444