Measure UU Bond Oversight Committee Chair Patricia Leicher submitted the Committee’s final report to the Piedmont City Council on Tuesday night, marking another milestone in the years-long effort to rebuild the Piedmont Community Pool. The Committee, which was formed in October 2021, said it was satisfied that the bond proceeds used by the city, now fully spent, were properly used for the pool construction.
Measure UU was passed by voters in 2020. The advisory committee was tasked with informing the public how the city spent the bond proceeds, to review expenditure reports produced by the city, and to produce an annual report. The members of the Committee are Leicher, former mayor John Chiang, Billy Deitch (who replaced Dirk ten Grotenhuis), Margaret Hiller, and Al Lee. Michael Szczech, the former City of Piedmont’s finance director, served as the liaison between the city and the committee.
Mayor Betsy Anderson thanked the all-volunteer group for their time and commitment to what she said may have been the largest bond in the city’s recent history. “Thank you for playing an important and crucial role,” she said.
“We are lucky to have had such qualified people to review this,” said Councilmember Tom Ramsey. “[The Committee played] an important role in checks and balances.”
Finance Director Kiran Bawa shared a powerpoint presentation of the June 2025 update that highlighted the different funding sources for the project. She noted that soft costs, that were limited to 20% of Measure UU funds, came in below that figure at 18%.
The total community pool budget is $34,900,000 which is an increase of $4,932,000 over last year’s report. Measure UU bond proceeds deposited was $24,418,577, which is net of capitalized interest, costs of issuance, and underwriters’ discount. The funding sources for the community pool budget is comprised of the following:
- Measure UU – $25,118,200 (includes $699,623 of interest earnings)
- Contributions – $3,146,465 (includes $214,000 pledged but not yet received)
- Loan/Grant – $832,800 (includes $80,000 committed but not yet received from CEDA)
- Sewer/Measure BB/interest – $410,000
- Facilities Capital Reserves – $5,392,535 (Frontage and ROW improvements and contingency as needed)
The vendors with contracts on the pool project include:
- Wickman Construction – construction general contractor
- ELS Architecture & Urban Design – architecture and engineering design services
- Griffin Structures – project management
- Isaac Sports Group – community pool operational analysis
- Rincon Consultants Inc. – California Environmental Quality Act (CEQA) compliance
- Forensic Analytical – environmental health services
- Coastland Civil Engineering – construction inspection services
An opening date for the new pool is still to be announced, but filling the pools is expected to begin this week, starting the beginning of the commissioning phase of testing the all-electric systems.