The City of Piedmont is looking for a few talented volunteers to serve on the Bond Oversight Committee. This committee, required by Measure UU, was established by the City Council at its October 4 meeting. The committee will consist of five Piedmont residents and will focus on reviewing and reporting on the expenditure of the proceeds of the bonds, specifically:
a) Informing the public how the City is expending the bond proceeds
b) Review expenditure reports produced by the City to verify that bond proceeds were
expended only for the purposes set forth in Measure UU.
c) Produce an annual report which includes the following information:
i. A statement indicating whether the bond proceeds used by the City have been
expended only for the purposes set forth in Measure UU; and
ii. A summary of the Committee’s proceedings and activities for the preceding year.
It is expected that the Bond Oversight Committee will meet two times per year throughout the project over a period of 24-36 months until the expenditure of the bond proceeds is complete. It is hoped that residents wishing to serve on this committee will have an understanding of the significance of the project to the community and to the primary user groups, as well as an understanding of financial principles.
Interested residents may download the Application for Appointive Vacancy and/or apply online HERE. Applications are due to City Hall on or before the deadline of Wednesday, December 8, 2021 at 5:00 p.m.
Interviews with the City Council for these positions will be scheduled for the evening of Monday, December 13, 2021. No appointments will be made without a Council interview.
Residents with questions are invited to contact the City Clerkâs office at (510) 420-3040.