| Item Title: | Approval of Fundraising Activity for Phase I of the Stadium Master Plan at Dos Pueblos High School and Reservation of Measure Q Bond Funds for Matching Contribution |
| Agenda Title: | Approval of Fundraising Activity for Phase I of the Stadium Master Plan at Dos Pueblos High School and Reservation of Measure Q Bond Funds for Matching Contribution |
| Background: | On May 14, 2013 and May 28, 2013 the Dos Pueblos High School Chargers Associates presented a master plan for stadium improvements with phasing as follows.
Phase I – field and track
Phase II – press box
Phase III – visitor’s restroom and concession stand
Phase IV – new entrance plaza, meeting rooms and flex space
Phase V – additional storage, multipurpose space
The Chargers Associates are asking for a reservation of $625,000 for a 50% match for phase 1 of the project, which will resurface the all weather track and replace the turf with the same systems and products that were installed at San Marcos High School. The reservation of funds is requested for use in their fundraising activities. It is anticipated that this will be a summer 2014 construction project. It is understood that all board policies and administrative regulations will apply and be followed concerning matching funds for construction projects. If the goal is not met funds would be returned to the donors. Attached is additional information as requested by the Board. |
| Recommendation: | The Board Approve the Fundraising Activity for Phase I of the Stadium Master Plan and Reservation of a Maximum of $625,000 from Measure Q Bond Funds for Matching Contribution |
| Resource Person: | David J. Hetyonk, Director of Facilities & Operations |
| Fiscal Impact: | Reservation of Maximum of $625,000 |
| Funding Source: | Measure Q Bond Funds (fund 27) |