Title
Support a Third Reimbursement and Funding Agreement between the County of Monterey and the Monterey County Water Resources Agency in an amount not to exceed $1,900,000 for Preliminary Engineering and Design; Further Water Rights Analysis; Spillway Modification Feasibility; Technical Support to the Monterey County Water Resources Agency during design; Environmental Consulting Services; and, Program Management for the Interlake Tunnel Project, substantially in the form of agreement attached and subject to approval by County Counsel.
Report
RECOMMENDATION:
It is recommended that the Budget Committee:
Support a Third Reimbursement and Funding Agreement between the County of Monterey and the Monterey County Water Resources Agency in an amount not to exceed $1,900,000 for Preliminary Engineering and Design; Further Water Rights Analysis; Spillway Modification Feasibility; Technical Support to the Monterey County Water Resources Agency during design; Environmental Consulting Services; and, Program Management for the Interlake Tunnel Project, substantially in the form of agreement attached and subject to approval by County Counsel.
SUMMARY/DISCUSSION:
The County of Monterey entered into a Reimbursement and Funding Agreement with the Agency on July 2, 2014 in an amount not to exceed $500,000, agreeing to reimburse the necessary funds for such preparatory work on the condition that the County shall be repaid such funds if the Project is financed through an assessment district or other financing mechanism.
At a December 9, 2014, Special Joint Meeting, the Board of Supervisors, Board of Supervisors of the Water Resources Agency and the Water Resources Agency Board of Directors authorized the Monterey County Water Resources Agency to proceed with the Interlake Tunnel Project. The direction included work on the Spillway Modification at San Antonio as a key component of the Interlake Tunnel Project. The direction authorized an additional amount not to e...
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