Replacement Program Update
June 2010
Milestones
Laguna Honda's timeline for transition to its new buildings follows a milestone approach. Residents will move to their new homes upon the completion of five key safety milestones.
- Testing of fire and life safety systems
- Certification by the Office of Statewide Hospital Planning and Development (OSHPD) that each of the three new buildings meet California's stringent requirements for hospital construction
- Installation of furniture, fixtures and equipment
- Staff training on the equipment and work-flows of the new environment
- Licensing of the new hospital by the California Department of Public Health
On a building-by-building basis, milestone completion is taking place first in the South Residence, then in the Pavilion, and finally in the North Residence.
In the South Residence, installation of furniture and equipment is complete and staff training is underway. The Pavilion is undergoing final OSHPD approval and installation of furniture and equipment. The North Residence is in the early stages of the OSHPD process.
Completion of all pre-licensing milestones is expected by August. Residents will move in late summer within 30 days of licensing.
Funding and Appropriations
Source of Funds |
Amount |
General Obligation Bonds |
$296, 083, 671 |
Interest Earned From General Obligation Bonds |
26,771,514 |
Tobacco Settlement Revenues |
133,554,943 |
Interest Earned From Tobacco Settlement Revenues |
7,437,788 |
Certificates of Participation |
120,000,000 |
Grants (2) |
1,098,686 |
TOTAL |
$584, 946,602 |
General obligation bonds were approved by San Francisco voters in the November 1999 election.
Grants are from the U.S. Health Resources and Service Administration (HRSA) and the U.S. Department of Housing and urban Development (HUD).
Certificates of participation (COPs) are
tax exempt securities used to raise capital funds or purchase equipment.
