File #: 23-574    Name: San Ardo Dist. Advance Funding Agreement
Type: General Agenda Item Status: Passed
File created: 6/30/2023 In control: Board of Supervisors
On agenda: 7/11/2023 Final action: 7/11/2023
Title: a. Approve and authorize the County Administrative Officer to execute an Amendment No. 1 to the Advance Funding Agreement between the County of Monterey and the San Ardo Water District (District) for funding of emergency repairs to the District's Wastewater Treatment Facility incurred during the January to February 2023 atmospheric river storms in the amount up to $1,187,500 effective from date of execution until all funds are repaid to the County; and b. Approve staff's recommendation to utilize Strategic Reserve Funds in the amount up to $1,187,500 for advance funding to the District for emergency repairs to the Wastewater Treatment Facility; and c. Approve request to increase appropriations financed by the general fund strategic reserve in the amount of $1,187,500 in the FY 2023-24 Department of Emergency Management Adopted Budget 001-1040-DEM001-8588 (4/5ths vote required).
Attachments: 1. Board Report, 2. Advance funding agreement San Ardo Dist 071123, 3. Completed Board Order Item No. 41
Related files: 23-231
Title
a. Approve and authorize the County Administrative Officer to execute an Amendment No. 1 to the Advance Funding Agreement between the County of Monterey and the San Ardo Water District (District) for funding of emergency repairs to the District's Wastewater Treatment Facility incurred during the January to February 2023 atmospheric river storms in the amount up to $1,187,500 effective from date of execution until all funds are repaid to the County; and
b. Approve staff's recommendation to utilize Strategic Reserve Funds in the amount up to $1,187,500 for advance funding to the District for emergency repairs to the Wastewater Treatment Facility; and
c. Approve request to increase appropriations financed by the general fund strategic reserve in the amount of $1,187,500 in the FY 2023-24 Department of Emergency Management Adopted Budget 001-1040-DEM001-8588 (4/5ths vote required).

Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
a. Approve and authorize the County Administrative Officer to execute the Advance Funding Agreement between the County of Monterey and the San Ardo Water District (District) for funding of emergency repairs to the District's Wastewater Treatment Facility incurred during the January to February 2023 atmospheric river storms in the amount up to $1,187,500 effective from date of execution until all funds are repaid to the County; and
b. Approve staff's recommendation to utilize Strategic Reserve Funds in the amount up to $1,187,500 for advance funding to the District for emergency repairs to the Wastewater Treatment Facility; and
c. Approve request to increase appropriations financed by the general fund strategic reserve in the amount of $1,187,500 in the FY 2023-24 Department of Emergency Management Adopted Budget 001-1040-DEM001-8588 (4/5ths vote required).

SUMMARY:
In March of 2023 the Board of Supervisors approved an Advanced Funding Agreement between the San Ardo Water District and the County of Monterey De...

Click here for full text