Title
a. Receive a report on the prioritization of the 2017 Winter Storm Damage repair projects and a financial update; and
b. Provide direction to staff regarding project priorities and financing options.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
a. Receive a report on the prioritization of the 2017 Winter Storm Damage repair projects and a financial update; and
b. Provide direction to staff regarding project priorities and financing options.
SUMMARY:
Resource Management Agency (RMA) has developed a matrix of 2017 Winter Storm Damage projects. Staff is seeking direction from the Board on the criteria and priority list for pending projects, as well as, financing options.
Additionally, RMA is providing a 2017 Winter Storm financial update that summarizes how the $16.8 million the Board of Supervisors allocated for critical repairs in response to winter storms has been spent or committed. Staff also requests consideration of several financing options to fund costs and commitments exceeding the $16.8 million allocation.
DISCUSSION:
On January 23, 2018, RMA presented an update to the Board of Supervisors regarding the status of the 2017 Winter Storm Damage repair projects, Federal Emergency Management Agency (FEMA) reimbursement, and 2018 winterization. The report identified a list of FEMA Road Fund projects that equate to an unfunded need of approximately $31.2 million.
The Board directed staff to return with a list prioritizing the pending 2017 Winter Storm Damage projects based on specific criteria. Based on discussion from that meeting, staff created the following criteria to rank the projects: Due to funding challenges, this item was scheduled for Budget Committee (BC) on 3/8/18 and staff will report verbally to the Board on that direction. Public Safety, Function, Project Readiness, and Funding Eligibility. Staff assigned weights to the criterion of approximately 37%, 30%, 18%, and 15%, respectively, based on significa...
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