Title
a. Approve and authorize the Chair of the Board of Supervisors to execute an Agreement Between the Fort Ord Reuse Authority (FORA) and County of Monterey Regarding Administrative and Financial Matters Associated with FORA Dissolution (Fiscal Agreement);
b. Authorize the County Administrative Officer to approve documents for assignment and assumption of a contract between FORA and Regional Government Services (RGS), a California Joint Powers Authority, related to winding up FORA's business affairs following FORA's Dissolution, if the contract is acceptable to the CAO and approved as to form by County Counsel;
c. Authorize and direct the Auditor-Controller (ACO) to deposit funds in the amount of $541,030 in a Fund and/or Account to be determined by the ACO pursuant to the Fiscal Agreement as follows: 1) $15,000 for contract management of the RGS contract; 2) $174,977 for management and storage of records; and 3) $351,053 for Veterans Issues Advisory Committee facilitation;
d. Authorize and direct the ACO to deposit funds in the approximate amount of $150,000 in a Fund and/or Account to be determined by the ACO for payment to RGS for its services under the RGS contract; and
e. Authorize and direct the ACO to deposit FORA's remaining fund balance in a Fund and/or Account to be determined by the ACO, estimated to be in the range of $500,000 to $1.5 million, to be expended pursuant to the terms of the Fiscal Agreement. (ADDED VIA ADDENDA)
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
a. Approve and authorize the Chair of the Board of Supervisors to execute an Agreement Between the Fort Ord Reuse Authority (FORA) and County of Monterey Regarding Administrative and Financial Matters Associated with FORA Dissolution (Fiscal Agreement), in the same or substantially the same form;
b. Authorize the County Administrative Officer (CAO) to approve documents for assignment and assumption of a contract between FORA and Regional Government...
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