1	EATONVILLE SCHOOL DISTRICT GENERAL OBLIGATION BONDS WHAT’S NEXT?
2	CONTENTS CONSTRUCTION FINANCE OVERVIEW BOND TIMELINE OVERSIGHT COMMITTEES EDUCATIONAL SPECIFICATIONS COMMITTEE(S) HIGH SCHOOL ED. SPECIFICATIONS COMMITTEE CONSTRUCTION MANAGER COORDINATION
3	CONSTRUCTION
4	FINANCE OVERVIEW
5	TIMELINE- MARCH
6	TIMELINE: APRIL April 4- District Returns Data Request April 4- Distribute Timeline, Term Sheet and Distribution List to CFW Finance Team April 11- Distribute Draft Legal Documents and Preliminary Official Statement (POS) to Finance Team April 11- Submit Forms to State for Insurance April 14- Comments Due on Draft Legal Documents and POS
7	TIMELINE: APRIL (CONT’D) April 17- Review Rating and Insurer Presentation with District Superintendent April 18- Distribute Legal Documents and Preliminary Official Statement (POS) to Rating Agencies and Insurance Companies April 18- Distribute Resolution and Preliminary Official Statement to District for April 26^th Adoption April 26- School Board to Approve Resolution, Legal Documents and Preliminary Official Statement (CFW@ board meeting) April 27-28- Superintendent Presentation to Rating Agencies and Insurance Companies
8	TIMELINE: MAY - JUNE May 4- Receive Ratings and Insurance Bids May 10- Mail Preliminary Official Statement May 24- Price Bonds June 7- Close- District Receives Funds
9	OVERSIGHT COMMITTEES Yelm School District found success in establishing two committees that report to the school board. Facilities and Construction Financial The board appointed committees reported to the school board once a quarter on the progress within their respective areas and the work of the school district, architect, contractors, money managers, etc. Recommend the district advertise now for interested persons. The board should consider applicants by April 26, 2006.
10	EDUCATIONAL SPECIFICATIONS COMMITTEE(S) A separate committee for each school site. The architect recommendation is that the optimum committee size is 20-25 members. The core, voting, membership should be school staff with community members and students. The committee should also make a presentation to the public. The Facilities and Construction Oversight Committee should over watch the Ed. Spec Committee work.
11	HIGH SCHOOL ED. SPECIFICATIONS COMMITTEE Principal forming the committee. Initial meeting during week of April 3, 2006, approximately 1.5 hours in length. Tentative community meeting May 13, 2006, 9 a.m. - noon.
12	PROJECT MANAGER Required by law on all projects in excess of $50,000. Bonded, licensed and insured. Chain- School Board, Superintendent, Project Manager, Architect. Back office and worksite responsibilities. Coordinates with superintendent, briefs oversight committees and school board as appropriate. District will begin process of advertising, screening and selection. Appointment should be made ASAP.
13	COORDINATION Superintendent met with architect on site and CFW (via conference call) on March 21, 2006, to develop initial timelines and requirements. Superintendent and business manager meet with CFW, architects and OSPI, (school construction) on March 30, 2006.