Title
Adopt a resolution to:
a. Receive a capital needs report from A&D Consulting, LLC for Laguna Seca Recreational Area (LSRA);
b. Approve adding the 1) Start/Finish Bridge; 2) Track re-paving; and 3) Turn 3 Structure as near-term capital needs to the FY 2021-22 5-year Capital Improvement Program (CIP) and PWFP-Facilities Work Program, for FY 2021-22;
c. Authorize and direct the Auditor-Controller to amend the FY 2021-22 Adopted Budget by increasing appropriations in the General Fund, Fund 001, Other Financing Uses Budget Unit 8038, Appropriation Unit CAO017 by $750,000, financed by Cannabis Tax Assignment BSA 001-3132 (4/5ths vote required);
d. Authorize and direct the Auditor-Controller to amend the FY 2021-22 Adopted Budget by increasing appropriations and revenue in the Capital Project Fund, Fund 404, Appropriation Unit PFP057, by $750,000, funded by a transfer in from General Fund, Fund 001, Other Financing Uses Budget Unit 8038, Appropriation Unit CAO017 (4/5ths vote required); and
e. Authorize and direct the Auditor-Controller to transfer $750,000 in FY 2021-22 from General Fund, Fund 001, Other Financing Uses Budget Unit 8038, Appropriation Unit CAO017, to Capital Project Fund, Fund 404, Appropriation Unit PFP057 (4/5ths vote required).
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors adopt a resolution to:
a. Receive a capital needs report from A&D Consulting, LLC for Laguna Seca Recreational Area (LSRA);
b. Approve adding the 1) Start/Finish Bridge; 2) Track re-paving; and 3) Turn 3 Structure as near-term capital needs to the FY 2021-22 5-year Capital Improvement Program (CIP) and PWFP-Facilities Work Program, for FY 2021-22;
c. Authorize and direct the Auditor-Controller to amend the FY 2021-22 Adopted Budget by increasing appropriations in the General Fund, Fund 001, Other Financing Uses Budget Unit 8038, Appropriation Unit CAO017 by $750,000, financed by Cannabis Tax Assignment BSA 001-3132 (4/5ths vote required);
d. Autho...
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