HomeMy WebLinkAboutRESOLUTIONS - 08052008 - 2008/561 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY,CALIFORNIA
Adopted this Resolution on August 5,2008 by the following vote:
AYES: GIOIA,UILKEMA,PIEPHO,
BONILLA&GLOVER
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
SUBJECT: AUTHORIZING THE AUDITOR-CONTROLLER)
TO INCLUDE IMPROVEMENTS TO 4545 DELTA )
FAIR BLVD., ANTIOCH, IN THE CAPITAL )
PROJECT FUND AND TO OFFSET EXPENSES FOR)
THE PROJECT THROUGH THE INTER-FUND)
LOAN TO THE CAPITAL PROJECT FUND FROM )
THE LAND DEVELOPMENT FUND ) Resolution No. 2008/ 601
WHEREAS on February 26, 2008, the Board of Supervisors adopted Resolution No. 2008/119,
authorizing an inter-fund loan in an amount not to exceed $19.5 million to the Capital Project
Fund from the Land Development Fund for capital improvements to 300, 400 and 500 Ellinwood
Way, Pleasant Hill; and
WHEREAS, the improvements to 300, 400 and 500 Ellinwood Way are intended to be financed
from the proceeds from future lease revenue bonds, and the inter-fund loan will be repaid from
such bond proceeds; and
WHEREAS, capital improvements to 4545 Delta Fair Blvd., Antioch, that are currently under
construction are also intended to be financed from future bond proceeds;
NOW,THEREFORE,THE BOARD RESOLVES TO:
AUTHORIZE the County Auditor Controller to include the project to construct capital
improvements to 4545 Delta Fair Blvd., Antioch, in the Capital Project Fund and to utilize the
inter-fund loan to the Capital Project Fund from the Land Development Fund authorized by
Resolution No. 2008/119 to offset expenses for the improvements to 4545 Delta Fair Blvd.,
Antioch,with no change in the loan amount or term.
Orig.Dept: CAO I hereby certify that this is a true and correct copy
Contact Person: Jason Crapo,335-1021 of an action taken and entered on the minutes of
the Board of Supervisors on the date shown
Cc:cc: County Administrator /I J 'g/ oZoal
Auditor-Controller ATTITE pv"""J
County Counsel (l�(/ i (�((J/((,Ot(_._
JOHN CULLEN,Clerk o—Fthe Board of Supervisors
and County Administrator