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Liaisons and auditors brief committee on transit projects, paving closeout, public-health projects and recent bond financings
Summary
Liaison reports covered transit project statuses (Fillmore extension, 19th Ave transit project, Van Ness BRT claims resolved), paving bond near-complete with ~$2.6M remaining, public health bond updates reporting ~$293M expended and encumbrances of ~$45.7M, and public finance reported recent refunding that produced net-present-value savings and several expected issuances.
Committee liaisons and the controllers audit and public finance staff provided a multi-part briefing on bond-program delivery and oversight.
Transit liaison notes: the 22 Fillmore extension to Mission Bay is substantially complete; the 28 Nineteenth Avenue Transit Priority project is about 99% complete; BART canopy work has been delayed by security and material-delivery issues; King Street Station modifications are in closeout with an outstanding change order…
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