OAKLAND, Calif., November 29, 2011 – In its recent report, Standard & Poor’s Ratings Services assigned its “A+” long-term rating to Peralta Community College District, assigned its “AA-“ long-term rating on Peralta’s General Obligation, and “A+” long-term rating on the District’s pension obligation bonds outstanding.
Standard and Poor’s also assigned its “A+” long term rating to the refunding bonds while Moody’s assigned its “A1” rating, without a negative rating.
Peralta Community College District placed $53,505,000 in bonds in the market to sell; and orders to purchase bonds exceeded $178,000,000.
“Simply put, we had more buyers than we had bonds,” stated Peralta Community College District Chancellor Wise Allen.
The Peralta Community College District Board of Trustees will hold a public meeting to consider five alternatives for redistricting the Trustee boundaries, and will vote on adopting a redistricting alternative at their December 6, 2011 meeting. Four of the proposed alternatives were presented and discussed, and public input was invited at the Board of Trustees’ meeting of May 10, 2011, and at public hearings held at each of the Peralta Colleges during May 2011. A new, fifth alternative that was developed in response to comments on the original four alternatives was presented for public input at the September 27, 2011 Board of Trustees’ meeting. In addition, public comment was received on the redistricting plans during October 2011.
The December 6, 2011, the Board of Trustees’ meeting will be held at 7:00 p.m. in the Boardroom at the Peralta Community College District Offices, 333 East 8th Street, Oakland, California 94606. The public hearing will commence at approximately 7:30 p.m., and can be verified on the Board meeting website prior to the meeting at http://peraltaccd.granicus.com/ViewPublisher.php?view_id=2. Posted meeting times are approximates.
Federal and state laws require the Peralta Community College District to adjust its Governing Board boundaries every ten years to balance populations in each of the Trustee districts based upon current U.S. Census Bureau population data. Whichever of the five alternatives is adopted, the redistricting will change the boundaries of the districts and many residents will see changes in their Trustee districts as a result of this requirement. The District has received and welcomes public comment on the redistricting process and potential alternative redistricting options. Interested parties can access the five proposed district maps and their corresponding descriptions at http://web.peralta.edu/trustees/board-committees/redistricting-committee/. The Trustee-approved alternative will be forwarded to the Alameda County Registrar of Voters for incorporation into the County’s overall accommodation of the decennial redistricting for federal, state, county, municipal, educational and special purpose districts such as, for example, those for Congress, the State Senate and Assembly, city council and school board districts, and the East Bay Municipal Utility District, among others.
For more information, please contact: Jeff Heyman, email@example.com 466-7369 Executive Director Public Information, Communications & Media, Roxanne Epstein, firstname.lastname@example.org Board Clerk 466-7203, or Marstel Day, PeraltaRedistricting2011@marstel-day.com
This month, Jay meets the Union leaders who serve our employees. Matthew Goldstein of the Peralta Federation of Teachers describes his work defending the contract between the Peralta Colleges and the teachers. And Helena Lengel, chief steward for SEIU 1021 is pleased to serve the Classified staff. Unfortunately, representatives of Local 39 were unable to attend.
Welcome to another edition of Board Spotlight. The November 15 meeting started off with another strong showing by Save Our Schools. The Board received an extensive report on the development of an IT Master Plan by consultant Tony Tortorice. And Trustees Nicky González Yuen and Abel Guillén put forth a request for the Chancellor to investigate putting the Peralta Community College District moneys into community banks. Watch past Board Meeting videos here.
The Measure A Citizens’ Bond Oversight Committe toured recently completed building projects financed with Measure A funds. Measure A bonds, approved in 2006, are used for renovating aging classrooms, building new science and technology labs and modernizing facilities that are decades old. The tour included a look at inside the new athletics field house at Laney College, the renovated Q building at Merritt College and the new photovoltaic array installed on the hillsides surrounding the college.
The Laney College Dance Department has been performing and contributing to the Peralta Colleges community for over 40 years and Peralta News went on the dance floor with Laney College Dance Instructor Andrea Lee for more. To register for any of the dance classes or for more information please visit them online.
Ever wanted to be in an action movie? Local man and former Peralta Colleges Student James Weston II has felt the heat of explosions and shot machine guns with major stars, putting his double experience of acting and military operations to successful use. He’s already been in 12 films in the extra and stunt department, and he attributes his rising star to perseverance and his great college experiences at Laney College and College of Alameda, where he graduated.
Berkeley City College has a new vocational program to offer, and it is called the “Spanish Medical Interpreter” course. Dr. Pisano, a long time Berkeley City College instructor takes us through the basics and gives some very interesting stats on the diversity in the bay area.
PTVSports is up on the hill again…this time for Thunderbird Soccer. Head Coach Zach Sullivan and Sophmore Jason Swihart gives us a quick look into the 2011 season for Merritt College T-Birds Soccer Club.
The Occupy Oakland movement is being watched all over the world. No longer confined to Wall Street, Oakland has been protesting for over three weeks and there is no sign of anything slowing down. Peralta College students join the protest to make their concerns over the state of education and finances heard.
On October 7, the Extreme Entrepreneurship Tour stopped at the College of Alameda. With dynamic speakers, one-on-one counseling, and vast networking opportunities, the tour inspires students to consider ways to start businesses and provides tools and connections to do so. College of Alameda President Dr. Jannett Jackson and Assemblymember Sandre Swanson were on-hand to show their support.
PTVSports delivers another inside story from the sports programs at the Peralta Colleges. On the football field with Linebacker Omar Omilabu from the Laney College Eagles Football Team, PTVSports gets the info on the 2011 season and his aspirations after football. If you didn’t know… PTVSports is the Peralta Colleges Sports Authority. Stay tuned to Peralta News for more.
The October 25 Board of Trustees meeting started with a large group of students, faculty and staff presented a petition with over 5000 signatures against cutting classes. They also received a status report on the Project Labor Agreement, an attempt to use more local workers on Peralta construction projects. And finally, funding requests for software and support drew criticism from Trustees.