Santa Monica Lookout
|SMC Seeks Applicants for Bond Oversight Committee||
When one lives in a city as breathtakingly beautiful and unique as Santa Monica, inevitably that city will be shared with visitors.
May 14, 2014 -- Santa Monica College is seeking representatives of a taxpayers’ organization and the local business communities of Santa Monica and Malibu to serve on the Citizens Bond Oversight Committee, although applications for additional members are encouraged.
The committee -- which consists of at least seven members -- oversees the implementation of three bond measures that are funding capital improvement projects at the college. So far, the bonds, which total $590 million, have bankrolled everything from new bike parking to the Bundy campus.
Pursuant to state laws, the committee was established in 2002 after Santa Monica and Malibu voters approved Bond Measure U, a $160 million bond. Voters subsequently approved Measure S, a $135 million bond in 2004, and Measure AA, a $295 million bond that won by a landslide in 2008.
Under Prop AA, the average Santa Monica and Malibu renter pays $1.12 a month and the average homeowner $7.34 a month to fund modernization projects on the half-century-old main campus and its satellite facilities.
The latest bond measure has bankrolled new state-of-the-art math and science buildings on the main campus, a new media and technology complex, a job training building on two of SMC’s satellite campuses and improvements to the main campus' Pico Boulevard entrance.
The bond also will fund the replacement of 64-year-old Corsair Stadium and is funding ongoing efforts to make the college more sustainable.
To qualify, an applicant must be at least 18 years old, must not be a college employee or official and must not be a vendor, contractor or consultant to the college.
Members of the committee are appointed for a two-year term by the Board of Trustees based on criteria established by Prop 39, with at least:
The SMC Board of Trustees will review all applications and make the final appointments.
Applications are available by going to smc.edu/ACG/CitizensBondOversightCommittee/Pages/Citizens-Bond-Oversight-Committee.aspx.
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