1. New members were sworn in by the City Clerk.

2. Staff working on the GO Bond Projects were introduced to the Board. Monthly meetings were established as the first Monday of each month at 6 pm to be held at City Hall. Meetings will be aired on the City's cable channel. Staff described a number of handout items distributed to the Board with information about the board membership, the ordinance establishing the board, maps, etc.

3. Staff described the history of the GO Bond from May 1998 to November 2, 1999.

4. Staff Described the three major categories covering all projects. Those three categories being 1) projects that can be awarded to architectural teams for final planning, design and construction documents; 2) projects that can be awarded to architectural teams by way of amendments to existing contracts; and 3) projects that will need to have a scope of work defined, cost and timetable identified, with community input.

5. Proposed financing options were briefly described by the Administration. A more detailed plan of action will be presented at the January meeting.

6. The Oversight Board had a number of remarks and recommendations to information that they would like to have reported/produced such as an organizational chart, a list of projects, consultants, hard and soft costs, agendas and minutes of each meeting and regular status reports on the Web. Staff advised that the information requested would be provided /implement in January.