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HomeMy WebLinkAboutMINUTES - 07091996 - SD8 5b TO: BOARD OF SUPERVISORS •;' Contra p� �Costa, �;i!lnnt 7�T ' FROM: Finance Committee ,s ' County DATE: July 9, 1996 �'os rq co'uK'� SUBJECT: Status Report on Financing and Operating Plans for Fire Station 87 in Pittsburg SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATION(S): 1. DIRECT Fire District staff to work with the City of Pitsburg staff to prepare a financing and construction plan for the establishment of Station 87, to tentatively begin operations on July 1, 1997. 2. DIRECT the Fire District staff to work with the City staff to formulate an annual Special Area Tax in the City at between $200 to $300. 3. DIRECT Fire District staff to review the adequacy of Fire Facilities Development fee 4. AGENDA this item for a July 15 Finance Committee meeting for further review and discussion. BACKGROUND/REASON(S) FOR RECOMMENDATION(S): On July 1, 1996, the Finance Committee discussed financing and operation plans for Station 87 in Pittsburg. Participants included the Pittsburg City Manager and City Attorney and the District Fire Chief and County Counsel. The Committee reviewed a wide range of issues including time frames, costs, financing sources, legal constraints and service considerations. The discussion revealed that several financial sources are already in place, but several others must be planned and researched. The District has a reserve which can finance approximately 70% of the estimated costs of the station. The City has agreed to pass through property tax increment from their Redevelopment Agency of $3.3 million over a three year period to finance operational costs and/or construction costs. A special tax on new homes in the city must be studied to provide long term financing. Also additional property tax revenues from the new development will provide long term financing. CONTINUED ON ATTACHMENT: _YES SIGNATURE: RECOMMENDATION OF COUNTY ADMINISTRATOR—RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): ACTION OF BOARD ON July 9 , 1996 APPROVED AS RECOMMENDED X OTHER VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A X UNANIMOUS(ABSENT ) TRUE AND CORRECT COPY OF AN AYES: NOES: ACTION TAKEN AND ENTERED ABSENT: ABSTAIN: ON MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE SHOWN. Contact:Tony Enea,646-4094 ATTESTED July 9 , 1996 PHIL BATCHELOR,CLERK OF THE BOARD OF SUPERVISORS ND CO TY ADM 1 TRATOR cc:CAO Fire District City of Pittsburg BY EPUTY