1. Bond Construction Update Citizens’ Oversight Committee Long Beach Community College District January 28, 2008 BUILDING  TOMORROW  TODAY Cordoba Corporation

2. Agenda Completed Construction Projects Current & Upcoming Construction Projects South Quad Complex Structure LAC Central Plant Structure LAC Learning Resources Center – Structure LAC Building R, Men’s Gymnasium Renovation PCC Central Plant PCC Learning Resources Center PCC Industrial Tech Phase 1 Q & A

3. Completed Construction Projects PCC Industrial Technology Center Phase 2 – 7/07 PCC Central Plant Utilities, LAC Central Plant & SQC Utilities – 6/07 LAC/LRC Interim – 5/07 East Campus Demo – 12/06 LAC Men’s Gym Façade Replacement (FEMA & Insurance Funded) – 8/06 LAC/LRC Utilities – 6/06 PCC CDC – 4/06 Men’s Gym Boiler Replacement – 4/06 LAC Athletic Field – 3/06 District Facilities & Warehouse Complex – 1/06 Various Projects – Completed in 2006 & 2007

4. LAC Facility Site Plan l i b e r a l a r t s

5. Current and Upcoming Construction Projects Part of Infrastructure Master Plan Improvements Awarded to Siemens on DBOM Contract Construction 55% Complete Completion Anticipated Summer 2008 LAC Central Plant – Structure

6. Current and Upcoming Construction Projects Construction 38% Complete Utility Installation Complete Under Previous Phase (Bid Pkg. #1) Completion Anticipated First Quarter 2009 LAC/Learning Resources Center – Structure

7. Current and Upcoming Construction Projects Original floor and bleachers removed New sprung wood flooring system Lettering, graphics and game lines applied to the new floor system New telescopic bleachers installed on both the main floor and the mezzanine level Interior of the gym painted Lamps replaced for new fixtures and electrical capabilities added LAC Building R, Men’s Gymnasium Renovation

8. Current and Upcoming Construction Projects Construction Approx. 48% Complete Additional Modern Classrooms, Multi- purpose Rm., Offices, etc. Shifts Campus Center South of Carson off Lew Davis Completion Anticipated Summer 2008 South Quad Complex Structure (Bid Pkg. #3)

9. PCC Facility Site Plan p a c i f i c c o a s t

10. Current and Upcoming Construction Projects Part of Infrastructure Master Plan Improvements Early Utility Package Construction Complete DBOM Contract Awarded to Siemens; Finalizing Value Engineering Negotiations Construction Approximately 20% Complete Completion Anticipated Summer 2008 PCC Central Plant

11. Current and Upcoming Construction Projects Construction 55% Complete Modern Facility with Computer Lab and Multimedia Expanded Facility Bridge to Bldg. EE Completion Anticipated Winter 2008 PCC Learning Resources Center

12. Current and Upcoming Construction Projects Replaces Existing Antiquated Structures Construction is 8% Complete Modern Facility Houses Machine Tool and Welding Departments New Campus “Bookend” Completion Anticipated Winter 2009 PCC Industrial Technology Center Phase 1

13. Escalation Trends – per Leland Saylor Associates

14. QUESTIONS & ANSWERS Prepared by Bond Management Team January 28, 2008 BUILDING  TOMORROW  TODAY Cordoba Corporation