Citizens Bond Oversight Committee & Continuing Disclosure

Marin General Hospital

Electronic Municipal Market Access

The District’s bond covenants require the annual publication of a Continuing Disclosure document which includes:

1. The audited financial statements of the District for the prior fiscal year and
2. Assessed value of taxable property in the District as shown on the recent equalized assessment role and
3. A list of the top 20 property taxpayers in the District for the then current fiscal year.

The Continuing Disclosure is to be filed by October 1 of each year with the Municipal Securities Rulemaking Board through its Electronic Municipal Market Access System.

At the end of 2015, the Marin Healthcare District Board of Directors appointed six community members to its Citizens Bond Oversight Committee. This committee monitors the use of funds from the Measure F General Obligation Bond that are being used to finance Marin General Hospital’s MGH 2.0 hospital replacement project.

During their term, committee members represent, advocate and promote the interest of District taxpayers and keep the public informed about how Measure F funds are being allocated and spent. Meetings are held quarterly for the duration of the project - approximately four years. Each committee member serves for a term of two years and does not receive compensation. Committee members are not on the Hospital, District, or Foundation Board of Directors or on any other related committee. For more information about the purpose and duties of the committee, download the Citizens Bond Oversight Committee Charter.

Meetings & Materials

  • Bond Financing 101: For more in-depth information on how the bond process works to support MGH 2.0, click here.
  • Public Meetings: Visit the public meetings section of our website for location information and materials related to the Citizens Bond Oversight Committee.

Chief Financial Officer's Annual Report

Citizens Bond Oversight Committee Annual Report

Meet the Committee

Leslie Lava, Chair

Attorney at Law
Leslie M. Lava is an attorney who specializes in the area of municipal finance. She has played the lead role on over 375 financings aggregating in excess of $55 billion in principal amount on a wide variety of projects over the past 35 years.

Ms. Lava received her Bachelor of Arts degree, magna cum laude, from Vanderbilt University and her Juris Doctor degree, with honors, from the University of Florida College of Law. She is a volunteer with the recreation and educations departments at San Quentin State Prison and with the SHARE program at Marin Humane Society. Leslie is also an active agility competitor with her canine superstars, Tigger (now retired) and Rosie.

Steven Dely

Steve Dely retired from Grumman Corporation, an aerospace, engineering and manufacturing company, as Senior Corporate Officer responsible for the company’s legal, human resource, public affairs, and other administrative departments. Prior to joining Grumman, he served as a Captain in the Army’s Military Police Corps after his graduation from City College of New York and Brooklyn Law School. Mr. Dely was admitted to the practice of law in New York State, the United States District Court (Southern and Eastern Districts), and the United States Supreme Court.

Mr. Dely has served on the Board of Directors of not-for-profit organizations including the Family Service League, headquartered in Huntington, NY where his service included two years as Chairman of its Strategic Planning Committee. He was also an active member of his County Bar Association where he chaired its Alternative Dispute Resolution Committee and performed pro bono service as a fee dispute arbitrator

Mr. Dely completed the Harvard Graduate School of Business Administration’s Program for Management Development and served on President Reagan’s Private Sector Survey on Cost Control in Washington, D.C.

Jonathan Frieman

Community Activist
A committed community activist in Marin for over 20 years, Jonathan Frieman is an experienced philanthropist and has traveled the world on site visits for the Threshold, Piton, and JoMiJo Foundations. He served as the mediator for the lawsuit brought by the Albert Park neighborhood against the City of San Rafael and the San Rafael Pacifics. He also helped raised funds for Marin Clean Energy. Additionally, Jonathan helped lead the fight against the entry of Target Stores into San Rafael and now sits on the Target Fund helping disburse funds from that settlement. Now Treasurer of San Rafael’s Business Improvement District, he serves on the Advisory Board of the San Rafael Pacifics and as a trustee of the Marin County Law Library.

As a past member of Ritter Center’s Board, he helped negotiate their current use permit, and helped Ritter become a Federally Qualified Health Center (FQHC). As past president of the board of the Marin City Health and Wellness Center, he helped them gain FQHC status. He also worked for passage of the bond election for the new hospital and twice ran for the board of the Marin Healthcare District. He earned his law degree at San Francisco New College School of Law and his Master’s of Public Administration at the University of Denver. Jonathan raises honey ants with his wife on a farm in San Rafael.

Jeffrey Tsai

Partner, Alston & Bird LLP
Jeff Tsai is a partner at Alston & Bird LLP. He leads the firm’s State Attorneys General Practice and is a member of the Litigation & Trial Practice and Government & Internal Investigations Groups. Prior to joining the firm, Jeff served for almost three years as Special Assistant Attorney General of California. He also previously served for many years as a federal prosecutor in the U.S. Attorney’s Office in Miami and the U.S. Justice Department’s Public Integrity Section in Washington, D.C.

Jeff is on the board of directors of San Francisco’s Chinese Historical Society of America and most recently served on the board of directors of the University of Texas at Austin’s national alumni association.

Jeff received his J.D. from Georgetown University and B.A. from the University of Texas at Austin. He lives in southern Marin County with his wife and two young daughters.

Paul Violich

President, Violich Capital
Paul Violich entered the investment management profession in 1962 in New York City. He joined Wentworth, Hauser and Violich in 1966 and Violich Capital Management in 2005. Mr. Violich still devotes time to economic and corporate research and portfolio management. He is currently president of Violich Farms, Inc., one of the largest producers of almonds and walnuts in California.

Paul received his BA from Stanford University in 1957 and achieved a post graduate MBA in 1962 from Stanford as well. Paul’s interests and affiliations are reflected in his memberships and participation with these organizations: 

  • Lt., U.S. Navy Retired, Underwater Demolition/Seal Team
  • Member and past Director of the Security Analysts of San Francisco
  • Member of the New York Society of Security Analysts
  • Member of the CFA Institute
  • Member of the National Association of Business Economists
  • Vice President of Finance for the Board of Trustees of the Corporation of the Fine Arts Museums of San Francisco
  • Treasurer of Board Trustees of the San Francisco Fine Arts Museums’ Foundation and Member of  the Investment and Executive Committees
  • Past member of the Board of Trustees, Art Center College of Design, Chair of the Investment Committee
  • Chartered Financial Analyst designation in 1979
  • Member Stanford Athletic Board
  • General Partner, Rams Gate Winery