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HomeMy WebLinkAboutMINUTES - 06092009 - C.18RECOMMENDATION(S): APPROVE and AUTHORIZE the Chief Engineer, or designee, to execute an amendment to the May 25, 1993, Reimbursement Agreement between the Danville Land and Development Company, LLC (DLDC) and the Contra Costa County Flood Control and Water Conservation District (FC District), effective June 9, 2009, replacing the 1989 Drainage Area Credit and Reimbursement Policy with the Amended Drainage Area Credit and Reimbursement Policy, adopted in 1999, Bay Point area. FISCAL IMPACT: No impact to county general fund. There will be a slight fiscal impact from the proposed amendment on the accrual of interest for an existing Drainage Area 48B (DA 48B) revolving fund loan. Any reimbursement to DLDC under the May 25, 1993, Reimbursement Agreement, will be made from DA 48B funds, which are collected pursuant to FC District Ordinance No. 86-42. BACKGROUND: DLDC was required to construct a portion of the drainage facilities shown APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 06/09/2009 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Gayle B. Uilkema, District II Supervisor Mary N. Piepho, District III Supervisor Susan A. Bonilla, District IV Supervisor Federal D. Glover, District V Supervisor Contact: Tim Jensen (925) 313-2390 I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown. ATTESTED: June 9, 2009 David J. Twa, County Administrator and Clerk of the Board of Supervisors By: EMY L. SHARP, Deputy cc: C.18 To:Contra Costa County Flood Control District Board of Supervisors From:Julia R. Bueren, Public Works Director/Chief Engineer Date:June 9, 2009 Contra Costa County Subject:Approve Amendment to Reimbursement Agreement with Danville Land and Development Company, LLC for Drainage Area 48B Improvements. Project # 7574-6D8718 BACKGROUND: (CONT'D) on the drainage plan for DA 48B as a condition of approval for Subdivision 6531. DLDC installed additional drainage facilities, to assist the FC District in completing DA 48B facilities upstream of the subdivision. The cost to construct these facilities exceeded the required drainage fees paid by DLDC by $70,440.80. On May 25, 1993, DLDC and the FC District entered into a Reimbursement Agreement (Agreement) with respect to these costs. On October 14, 1997, the FC District authorized a partial reimbursement to DLDC for $28,485.90, leaving a remaining reimbursement amount of $41,954.90. DA 48B now has adequate funds to pay the remaining balance. Reimbursement pursuant to the Agreement is controlled by the terms and conditions of the Drainage Area Credit and Reimbursement Policy that was in effect at the time the Agreement was executed (Policy). Under the Policy, the FC District is required to make payments on subsequent loans from the FC District’s Revolving Fund together with reimbursements. The Policy, however, was amended in 1999 (“Amended Policy”), and the Amended Policy does not require reimbursements to be coupled with loan payments. The proposed amendment to the Agreement would replace the older Policy with the Amended Policy, and thus the Agreement would be controlled by the terms and conditions of the Amended Policy. Reimbursements made to DLDC pursuant to the proposed amendment will not affect the FC District’s repayment of existing Revolving Fund loans. Staff recommends that the Board amend the Agreement as proposed. CONSEQUENCE OF NEGATIVE ACTION: The Agreement will not be amended to include the current Amended Policy, which may affect reimbursement to DLDC. ATTACHMENTS Amendment No. 1