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HomeMy WebLinkAboutMINUTES - 08082006 - C.67 TO: REDEVELOPMENT AGENCY £ L '°° Contra FROM: JOHN CULLEN Costa EXECUTIVE DIRECTOR DATE: August 8, 2006 � UCounty A- oK��`� SUBJECT: Legal Counsel for Formation of North Richmond Area Maintenance Services CFD SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BAIcKGROUND AND JUSTIFICATION RECOMMENDATION: APPROVE and AUTHORIZE the Redevelopment Director to execute a contract with Quint and Thimmig in the amount of $10,000 to provide legal counsel related to the formation of the North Richmond Area Public Works Maintenance Services Community Facilities District for the period May 15, 2006 to December 31, 2006. FINANCIAL IMPACT: None to the General Fund. Agency funds have been budgeted for this purpose. BACKGROUND: The law firm of Quint and Thirnmig is expert in the legal proceedings required to establish Mello-Roos Community Facilities Districts (CFD). To establish a maintenance funding source for public works facilities it was determined necessary to form a CFD. The creation of a CFD in the Bella Flora subdivision provides the Agency with an opportunity to create a mechanism by which future new development can annex into a CFD for public work m I tenance which makes this attractive for redevelopment implementation. r� CONTINUED ON ATTACHMENT: F1YES SIGNATURE: / �vl [ERECOMMENDATION OF EXECUTIVE DIRECTOR ❑ RECOM Et bATION AGENCY COMMITT Eg-APPROVE ❑ OTHER I SIGNATURE(S): q52-'e� ACTION OF AG Y ON18 a�CO6 APPROVED AS RECOMMENDED OTOER ❑ VOTE OF SUPERVISORS: I HEREBY CERTIFY THAT THIS IS A TRUE AND CORRECT COPY OF AN ACTION TAKEN AND UNANIMOUS(ABSENT ) ENTERED ON THE MINUTES OF THE AYES: NOES: I REDEVELOPMENT AGENCY ON THE DATE SHOWN. ABSENT: ABSTAIN: Contact: Jim Kennedy (335-7225) ATTESTED JOHN CULLEN,AGENCY SE RETARY cc: CAO County Counsel Redevelopment Agency Community Development By: � Deputy Via Redevelopment Agency Quint and Thimmig 0