Phase II – Issuance of general obligation bonds for specified school improvements
Measure S authorizes the sale of $135 million of Bonds for capital improvement projects within the cities of Santa Monica and Malibu or at sites that share a boundary and are contiguous with the Cities of Santa Monica or Malibu. None of the bond proceeds can be taken away by the State of California.
The college district proposes to maximize the use of bond proceeds available as a result of this authorization by entering into partnership agreements of various sorts with other public agencies whenever feasible. These would be called Cooperative Agreements. Public agencies entering into such agreements would be expected to contribute real property, planning, site preparation, easements, management or other assets to some of the projects identified in the measure.
The district has identified a minimum of $70 million of Bond proceeds proposed to be dedicated to capital projects to be done under Cooperative Agreements.
This amount includes no less than $45 million of bond proceeds proposed to be dedicated for capital Projects to be done under Cooperative Agreements within or adjacent to the city limits of the city of Santa Monica. If no partnership develops, the district intends to make the most efficient use of Bond proceeds by other means to achieve the educational and public benefits of this Bond Measure.
This amount also includes no less than $25 million of bond proceeds to be dedicated for capital Projects to be done under Cooperative Agreements within or adjacent to the city limits of the City of Malibu.
Specific projects (not prioritized) include:
- Replacement or renovation of Health, Fitness, and Physical Education Building.
- Site acquisition and improvements in the District for field space, especially women’s soccer, in order to make available a complete offering of District-provided programs in Health, Fitness, and Physical Education.
- Site acquisition and improvements in Malibu for instructional facility of no more than 25,000 assignable square feet and field space.
- Retrofit existing District fields or other fields available to the District for year-round usage.
- Improvements to provide childcare and an Early Childhood Development lab facility.
- Replacement of earthquake-destroyed tennis courts.
- New Music and Performing Arts Complex to support new University of California admission requirements.
- Upgrades to existing and future District facilities, including Projects done under Cooperative Agreements, for energy efficiency and to meet modern sustainability practices.
- New Career Opportunity Center to support programs in emerging technologies and to compete for State and Federal grants.
- Satellite campus parking facilities and roadway improvements.