HomeMy WebLinkAbout2006-10-10 - AGENDA REPORTS - MEASURE M BOND OFFERING (2)CONSENT CALENDAR
DATE:
SUBJECT:
DEPARTMENT:
Agenda Item: 4
CITY OF SANTA CLARITA
AGENDA REPORT
City Manager Approval:
Item to be presented by:
October 10, 2006
9"A -Z -
Lauren Weste
CONSIDERATION OF A RESOLUTION SUPPORTING THE
COLLEGE OF THE CANYONS EFFORTS TO FUND THE
ACQUISITION AND IMPROVEMENT OF COLLEGE
FACILITIES, FURNISHINGS AND EQUIPMENT THROUGH A
COMMUNITY COLLEGE BOND OFFERING - MEASURE M
City Manager's Office
RECOMMENDED ACTION
City Council adopt a resolution in support of College of the Canyons' Measure M bond which
will appear on the November 2006 ballot, for the acquisition and improvements of College of the
Canyons' facilities, furnishings and equipment.
BACKGROUND
The Board of Trustees of the Santa Clarita Community College District voted to authorize a
measure to be placed on the November 2006 ballot which, if approved by the District's voters,
would generate a general obligation bond sale in the amount of $160 million. The bond would
allow for expansion, maintenance, construction, improvements, furnishing and equipping the
college facilities, enabling College of the Canyons to respond to severe overcrowding caused by
the growing community demands.
The Santa Clarita Community College District's College of the Canyons opened its Santa Clarita
Valley campus in 1971 and has seen monumental increases in student enrollment; current
enrollment is up 11.5% over last fall. The College has successfully accessed funding from
multiple sources in the past, including the passage of a similar bond in 2001. Additionally, the
continued partnerships with hundreds of local businesses, the William S. Hart High School
District and regional and local agencies has allowed the College to expand access, open doors
and meet the needs of the community.
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The College anticipates reaching 20,000 students this year, a goal the State projected would not .
be reached until 2011. Although the demand for service is increasing rapidly, the College is not
able to serve all the students. In fall 2005, 3,100 adults applied to the College, but could not
enroll, and over 2,200 more students are on a waiting list for required classes each semester. The
college would need to add more than 300 class sections to serve these students, and currently
there is no classroom space to do so. As such, the Board of Trustees of the Santa Clarita
Community College District voted to authorize a measure to be placed on the November 2006
ballot - Measure M.
ALTERNATIVE ACTIONS
Do not adopt resolution in support of Measure M
Other action as determined by the City Council
FISCAL IMPACT
None by this action.
ATTACHMENTS
Resolution