Title
Approve the Issuance of a Request for Proposals for Financial Consulting Services for the Monterey County Water Resources Agency.
Report
RECOMMENDATION:
It is recommended that the Monterey County Water Resources Agency Board of Supervisors:
Approve the Issuance of a Request for Proposals for Financial Consulting Services for the Monterey County Water Resources Agency.
SUMMARY/DISCUSSION:
On May 19, 2015 the Water Resources Agency held a Budget Workshop in response to the County Administrators Office, which requested that it be separate from the County's Budget Workshop and Hearings. The Agency presented its FY 2015-16 Recommended Budget and requested County General Fund Contributions for all un-budgeted projects that the Agency had been tasked to perform by the Water Resources Board of Supervisors totaling $4.6 million for FY 2015-16.
On June 3, 2015 at the Water Resources Agency Board of Supervisors Public Budget Hearing it approved the Agency's FY 2015-16 Recommended Budget and requested that the Agency aggressively pursue alternative funding by hiring an independent consultant with expertise in water district financing to identify available funding not limited to grants for the unbudgeted projects that the Agency has been tasked with performing which include the following: Interlake Tunnel, Salinas River Stream Maintenance Program and Lagoon, Permit 11043, Castroville Seawater Intrusion Project (CSIP) Expansion, Sustainable Groundwater Management Agency (SGMA), and Fish Monitoring.
On June 23, 2015, the Water Resources Agency Board of Supervisors approved the issuance of a Request for Quotes for financial consulting services for the Water Resources Agency. The attached RFP includes all the expectations requested by the Water Resources Agency Board of Directors and Board of Supervisors.
OTHER AGENCY INVOLVEMENT:
Monterey County Contracts/Purchasing Department. The Monterey County Water Resources Agency Board of Directors ...
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