Title
Support recommendations by the Monterey County Water Resources Agency Board of Directors that the Monterey County Water Resources Agency Board of Supervisors:
a. Approve the Joint Exercise of Powers Agreement by and among the City of Watsonville ("Watsonville"), the County of Monterey ("Monterey"), the County of Santa Cruz ("Santa Cruz"), the Monterey County Water Resources Agency ("MCWRA"), and Zone 7 of Santa Cruz County Flood Control and Water Conservation District ("Zone 7"), herein referred to as the "Member Agencies", to form the Pajaro Regional Flood Management Agency (PRFMA) and authorize the Chair to sign the Joint Exercise of Powers Agreement; and
b. Approve the Indemnity Agreement regarding the Pajaro River Flood Risk Reduction Project ("Project") by and among the Member Agencies and authorize the Chair to sign the Indemnity Agreement.
Report
RECOMMENDATION:
It is recommended that the Finance Committee:
Support recommendations by the by the Monterey County Water Resources Agency Board of Directors that the Monterey County Water Resources Agency Board of Supervisors:
a. Approve the Joint Exercise of Powers Agreement by and among the City of Watsonville ("Watsonville"), the County of Monterey ("Monterey"), the County of Santa Cruz ("Santa Cruz"), the Monterey County Water Resources Agency ("MCWRA"), and Zone 7 of Santa Cruz County Flood Control and Water Conservation District ("Zone 7"), herein referred to as the "Member Agencies", to form the Pajaro Regional Flood Management Agency (PRFMA) and authorize the Chair to sign the Joint Exercise of Powers Agreement; and
b. Approve the Indemnity Agreement regarding the Pajaro River Flood Risk Reduction Project ("Project") by and among the Member Agencies and authorize the Chair to sign the Indemnity Agreement.
SUMMARY/DISCUSSION:
Formation of a Regional Flood Risk Management Joint Powers Authority (JPA) has been identified as the most efficient and effective governance approach for reducing floo...
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