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File #: 06-660    Name:
Type: Minutes Status: Passed
File created: 5/9/2006 In control: Board of Supervisors
On agenda: 5/9/2006 Final action: 5/9/2006
Title: a. Approve and authorize the Chair to sign a a. Approve and authorize the Chair to sign a
Attachments: 1. Completed Board Order (a)(b)

 

 

 

 

COMPLETED BOARD ORDER (A)(B)�yW                                                                                                             5100.000;      0125.000

                                Before    the    Board    of    Supervisors    in     and   for the

                                     County      of    Monterey,      State      of  California

 

Agreement        No.       A-10451

a.       Approve    and    authorize   the   Chair   to    sign a Professional             

     Services    Agreement    in    an    amount    not    to     exceed  $150,000         

     with    a   term    ending   June   30,    2011    with   Fieldman,    Rolapp    and   

     Associates     to    provide    technical     and    professional   services          

     related    to    the    formation    of   the    proposed  East Garrison              

     Community     Facilities     District    No.     2006-1;   and                        

b.        Approve    and    authorize    the    Chair    to    sign   a Professional       

     Services     Agreement    in     an     amount    not    to     exceed  $51,000       

     with     a    term    ending    June    30,    2007    with  Goodwin                  

     Consulting    Group,     Inc.    to     provide     special    tax and                

     financial     strategy     consulting    services     related     to the              

     formation       of    the      proposed      East      Garrison    Community          

     Facilities     District     No.    2006-1.

 

Upon    motion    of   Supervisor     Lindley        seconded    by    Supervisor     Calca    ngnoo        and carried by those

members     present,     the     Board     of    Supervisors     of    Monterey     County hereby:

 

a.        Approves    and    authorizes    the    Chair    to    sign    a    Professional    Services    Agreement    in  an amount

     not     to     exceed     $150,000     with     a    term     ending     June     30,     2011     with    Fieldman, Rolapp and

     Associates     to     provide     technical     and     professional     services     related     to     the   formation of the

     proposed     East     Garrison     Community     Facilities     District    No.     2006-1;  and

b.       Approves    and    authorizes    the    Chair    to    sign    a    Professional     Services    Agreement    in  an amount

     not    to     exceed     $51,000    with     a    term     ending    June     30,     2007     with   Goodwin Consulting Group,

     Inc.    to    provide    special    tax    and    financial    strategy    consulting    services    related   to the formation

     of   the    proposed     East     Garrison     Community     Facilities     District    No. 2006-1.

 

PASSED     AND     ADOPTED     this     9th     day     of   May,     2006,     by    the   following vote, to-wit:

 

AYES:       Supervisors      Armenta,      Calcagno,      Lindley     and  Potter

 

NOES:         None

 

ABSENT:         Supervisor       Smith

I,   Lew  C.   Bauman,   Clerk  of  the   Board   of  Supervisors   of  the  County of Monterey, State of California, hereby certify

that  the  foregoing   is  a  true  copy  of  an  original   order  of  said  Board   of  Supervisors   duly made and entered in the

minutes   thereof  Minute   Book    73     on May 9, 2006.

 

Dated:    May   9, 2006

 

                                                                     LEW   C.    BAUMAN,    Clerk   of   the   Board of Supervisors,

                                                                     County        onterey,  State  f Cali

                                                                                   r

                                                                     By                 Cynthia       7uarez, P"y

 

 

 

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COMPLETED BOARD ORDER (A)(B)�yW                                                                                                  5100.000;    0125.000

                             Before   the   Board   of   Supervisors   in   and   for the

                                 County     of   Monterey,     State    of California

 

Agreement      No.      A-10450

a.      Approve   and   authorize   the   Chair   to   sign  a Professional      

    Services    Agreement    in    an    amount    not    to  exceed $150,000    

    with    a   term    ending   June   30,   2011    with   Fieldman, Rolapp    

    and    Associates    to    provide    technical    and professional          

    services    related   to   the   formation    of   the  proposed East        

    Garrison    Community    Facilities     District    No.    2006-1;   and     

b.     Approve   and   authorize   the   Chair  to sign a Professional           

    Services   Agreement   in   an   amount   not   to   exceed   $51,000   with  

    a   term    ending   June   30,    2007    with Goodwin Consulting           

    Group,   Inc.   to   provide   special   tax and financial strategy          

    consulting   services   related   to   the   formation   of the proposed     

    East    Garrison    Community    Facilities    District   No. 2006-1.        

 

Upon   motion    of   Supervisor     Lindley,    seconded   by    Supervisor     Calcagno        and  carried by those

members    present,    the    Board    of   Supervisors    of   Monterey  County hereby:

 

a.      Approves   and   authorizes   the   Chair   to   sign   a   Professional    Services   Agreement   in an amount

    not    to    exceed    $150,000    with    a    term    ending    June    30,    2011    with  Fieldman, Rolapp and

    Associates    to    provide    technical    and    professional    services    related    to   the formation of the

    proposed    East    Garrison    Community   Facilities    District   No.    2006-1; and

b.      Approves   and   authorizes   the   Chair   to   sign   a   Professional    Services   Agreement   in an amount

    not    to    exceed    $51,000    with    a   term    ending   June    30,    2007   with Goodwin Consulting Group,

    Inc.   to   provide   special   tax   and   financial   strategy   consulting   services   related to the formation

    of   the   proposed    East    Garrison    Community   Facilities    District No. 2006-1.

 

PASSED    AND    ADOPTED    this    9th    day   of   May,    2006,    by   the following vote, to-wit:

 

AYES:     Supervisors    Armenta,    Calcagno,     Lindley    and  Potter

 

NOES:       None

 

ABSENT:        Supervisor     Smith

 

1,  Lew  C.  Bauman,  Clerk  of the Board of Supervisors of the County of Monterey, State of California, hereby certify

that  the  foregoing  is  a  true  copy  of an original order of said Board of Supervisors duly made and entered in the

minutes  thereof  Minute  Book  73   on May 9, 2006.

 

Dated:   May  9, 2006

 

                                                              LEW   C.   BAUMAN,   Clerk  of  the Board of Supervisors;

                                                              County o     onterey S to of C        is

 

                                                              By

                                                                         0    Cynthia  Juarez,   e uty

 

 

 

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COMPLETED BOARD ORDER (A)(B)�yW                     MONTEREY       COUNTY       BOARD        OF      SUPERVISORS

 

MEETING:     Ma    9,   2006   Consent                                  AGENDA       NO.:

SUBJECT:     a.    Approve  and  authorize  the  Chair  to  sign a Professional Services Agreement

                    in  an  amount  not  to  exceed $150,000 with a term ending June 30, 2011 with

                    Fieldman,  Rolapp  and  Associates  to provide technical and professional

                    services  related  to  the  formation of the proposed East Garrison Community

                    Facilities District No. 2006-1; and

                b.   Approve  and  authorize  the  Chair to sign a Professional Services Agreement

                    in  an  amount  not  to  exceed $51,000 with a term ending June 30, 2007 with

                    Goodwin  Consulting  Group,  Inc. to provide special tax and financial strategy

                    consulting  services  related to the formation of the proposed East Garrison

                    Community  Facilities  District No. 2006-1.

DEPARTMENT:         RMA        Housing    and Redevelopment

 

RECOMMENDATION:

 

It  is  recommended  the  Board of Supervisors take the following actions:

a.   Approve  and  authorize  the  Chair  to  sign a Professional Services Agreement in an amount not

    to  exceed  $150,000  with  a  term  ending  June  30,  2011 with Fieldman, Rolapp and Associates

    to  provide  technical  and  professional  services related to the formation of the proposed East

    Garrison  Community  Facilities  District  No. 2006-1; and

b.   Approve  and  authorize  the  Chair  to  sign a Professional Services Agreement in an amount not

    to  exceed  $51,000  with  a  term  ending  June  30, 2007 with Goodwin Consulting Group, Inc. to

    provide  special  tax  and financial strategy consulting services related to the formation of the

    proposed  East  Garrison  Community  Facilities  District No. 2006-1.

 

SUMMARY

 

The  services  of  specialized  consultants  are  required  to  assist  the  County and Redevelopment

Agency  in  the  implementation  of  the  financing  program related to the East Garrison development

project.

 

DISCUSSION:

 

On  October  4,  2005,  the  Redevelopment  Agency  adopted  Resolution  No.   05-271 authorizing the

execution   of   a   Disposition   and   Development   Agreement   DDA)  between the Agency and East

Garrison  Partners  1,  LLC  EGP).   Also  on  this  date,  the  County  adopted Ordinance No. 05001

approving   a   Development   Agreement   DA)   between   the   County   and   EGP.  These documents

require  the  County  and  the  Agency  to  work  with  EGP  to develop a financing program that will

provide  funding  for  the  construction  of  infrastructure and finance services to support the East

Garrison  project.   This  program  includes  the  creation  of  the  East  Garrison Public Financing

Authority,  which  will  establish  a  Mello  Roos  Community  Facilities  District  to issue debt to

generate   the   required   funding.    Further,   the  program  includes the creation of a Community

 

 

 

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COMPLETED BOARD ORDER (A)(B)�yWServices  District  to  finance  certain  maintenance  and operational services related to the newly

developed  community  Community  Facilities  District  No.  2006-1,  CFD  No. 2006-1 

 

The  recommended  consulting  team  will  provide legal and financial expertise to the Agency in the

implementation   of  these   programs.    A   Deposit   and  Reimbursement Agreement between EGP and

the  East  Garrison  Public Financing Authority will provide funding for consultant costs.

 

OTHER          AGENCY         INVOLVEMENT:

 

County  Counsel  has  approved  the  proposed  Agreements as to form.

 

FINANCING:

 

On  April   11,  2006,  the  Board  of  Supervisors  approved  a Deposit and Reimbursement Agreement

DRA)   between  the  East   Garrison   Public  Financing  Authority  EGPFA)  and  EGP in which EGP

will  cash  flow  the  costs  of  preliminary  and  incidental  costs  and expenses incurred by the

Authority  in  connection  with  the  proceedings  for CFD NO. 2006-1  and to establish the Mello-

Roos  financing.   Until  separate  funds  for  the  EGPFA and EGCSD are established by the Auditor-

Controller's  Office,  expenditures  will  be  processed  through Fund 018, Budget Unit 184 and will

be  paid  from  funds  provided  by  EGP  under  the  DRA.   This  action will have no impact on the

General   Fund.

 

 

 

 

Prepared by:                                               Ap  roved

 

 

 

Nick  Nichols,  755-5386                                   J'   Co       5390

Management    Specialist                                     irector,  Housing  and Redevelopment

 

      d  IL  //o G

Date:                                                      Date: 14646

 

Attachments:   Board  Order;  Two  2)  Professional  Service Agreements are on file with the

                Clerk to the Board)

 

 

 

BIB]

 

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