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HomeMy WebLinkAboutMINUTES - 07162013 - D.2RECOMMENDATION(S): 1. ACKNOWLEDGE that Doctors Medical Center (DMC) is the only hospital in West Contra Costa County serving the general public and, as such, is a critical component of the County’s Emergency Medical Services system. 2. ACKNOWLEDGE that West Contra Costa Healthcare District (the “District”) completed its plan of bankruptcy reorganization on March 10, 2011, is continuing the implementation of its long term recovery plan and is still facing a severe liquidity shortfall. 3. ACKNOWLEDGE that pursuant to the Second Agreement for Property Tax Transfer from West Contra Costa Healthcare District to Contra Costa County, dated April 5, 2011, the County and the District established a committee of the District Board that serves as the DMC “governing body,” as that term is used in Section 70035 of Title 22 of the California Code of Regulations (respecting licensure and regulation of acute care hospitals), with overall administrative and professional responsibility for DMC. 4. ACKNOWLEDGE that the County has a vested interest in protecting the health of the general population, and, as such, is interested in assisting the hospital in fulfilling its long term recovery plan. 5. APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 07/16/2013 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYE:John Gioia, District I Supervisor Candace Andersen, District II Supervisor Mary N. Piepho, District III Supervisor Karen Mitchoff, District IV Supervisor Federal D. Glover, District V Supervisor Contact: Patrick Godley, 925-957-5400 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: July 16, 2013 David Twa, County Administrator and Clerk of the Board of Supervisors By: June McHuen, Deputy cc: Robert Campbell, Auditor-Controller, Lisa Driscoll, County Finance Director, Patrick Godley, Health Services Department D.2 To:Board of Supervisors From:William Walker, M.D., Health Services Director Date:July 16, 2013 Contra Costa County Subject:Hearing on Transfer of Property Taxes from West Contra Costa Healthcare District to County and Approval of Appropriation Adjustment AMENDED AND RESTATED SECOND AGREEMENT FOR PROPERTY TAX TRANSFER FROM WEST CONTRA COSTA HEALTHCARE DISTRICT TO CONTRA COSTA COUNTY This AMENDED AND RESTATED SECOND AGREEMENT FOR PROPERTY TAX TRANSFER FROM WEST CONTRA COSTA HEALTHCARE DISTRICT TO CONTRA COSTA COUNTY (this “Agreement”) is entered into this 16th day of July, 2013 (the “Effective Date”) by and between the West Contra Costa Healthcare District, a California local health care district (“District”), and the County of Contra Costa, a political subdivision of the State of California (“County”). WITNESSETH: WHEREAS, District owns and operates an acute care hospital in San Pablo, California, doing business as “Doctor’s Medical Center – San Pablo” (“DMC”), at which it provides care to, among others, Medi-Cal beneficiaries; WHEREAS, County believes that the preservation and continuance of DMC as a health care resource is necessary to meet the health needs of the population of West Contra Costa County; WHEREAS, Section 99.02 of the California Revenue and Taxation Code (the “R&T Code”) authorizes District and County to modify the allocation of property tax revenues between them, provided the modification does not violate the conditions set forth in R&T Code Section 99.02 and does not affect the tax revenue allocation for any other public entity; WHEREAS, to facilitate the preservation of DMC as a health care resource for the communities they both serve, County and District entered into that certain “The West Contra Costa Healthcare District Agreement for Property Tax Transfer to Contra Costa County” dated October 31, 2006 (the “Initial Agreement”), pursuant to which District agreed, under the authority of R&T Code Section 99.02, to provide for the allocation and transfer to County of the entirety of the general ad valorem property tax revenues that otherwise would be collected and allocated to District, commencing July 1, 2007, and continuing from year to year thereafter until $11,500,000 had been allocated and transferred to County, all in consideration of County transferring $10,000,000 to the California Department of Health Care Services in order to facilitate enhanced Medi-Cal payments to District of up to Twenty Million Dollars ($20,000,000) for services it rendered to Medi-Cal beneficiaries at DMC during the state fiscal year ending June 30, 2007, and as otherwise provided in the Initial Agreement; WHEREAS, County and District fully performed their obligations under the Initial Agreement; WHEREAS, in order to further facilitate the preservation of DMC as a health care resource for the communities served by District and County, District and County entered into that certain Second Agreement for Property Tax Transfer from West Contra Costa Healthcare District to Contra Costa County dated April 5, 2011 (as the same was amended by that certain Agreement (1) Terminating Doctors Medical Center Management Authority; (2) Amending Second Agreement for Property Tax Transfer from West Contra Costa Healthcare District to 2 Contra Costa County; and (3) Providing for Continued Participation in the Operation of Doctor’s Medical Center by County Representatives, effective May 25, 2011, collectively referred to herein as the “Second Agreement”), pursuant to which: (i) County advanced, in installments, the sum of Ten Million Dollars ($10,000,000) to District; and (ii) District agreed to cause the County Auditor, pursuant to R&T Code Section 99.02, to transfer and allocate to County ad valorem property tax revenues that otherwise would be allocated to District in a total amount of Eleven Million Five Hundred Thousand Dollars ($11,500,000); WHEREAS, pursuant to the Second Agreement, the parties also established a committee of the District Board that serves as the DMC “governing body,” as that term is used in Section 70035 of Title 22 of the California Code of Regulations (respecting licensure and regulation of acute care hospitals), with overall administrative and professional responsibility for DMC; WHEREAS, of the Eleven Million Five Hundred Thousand Dollars ($11,500,000) in ad valorem property tax revenues to be reallocated and transferred from District to County pursuant to the terms of the Second Agreement, the County Auditor has transferred Six Million Three Thousand Seven Hundred Seventy-Six and 82/100 Dollars ($6,003,776.82) to the County, and there remains to be transferred Five Million Four Hundred Ninety-Six Thousand Two Hundred Twenty-Three and 18/100 Dollars ($5,496,223.18) to the County in ad valorem property tax pursuant to the terms of the Second Agreement; WHEREAS, in order to further facilitate the preservation of DMC as a health care resource for the communities served by District and County, the parties desire that County transfer an additional Nine Million Dollars ($9,000,000) to District and that District now cause the County Auditor to transfer and allocate to County additional ad valorem property tax revenues that otherwise would be allocated to District in the amount of Eleven Million Six Hundred Thousand Dollars ($11,600,000); WHEREAS, the total ad valorem property tax revenues to be transferred to County pursuant to this Agreement is Seventeen Million Ninety-Six Thousand Two Hundred Twenty-Three and 18/100 Dollars ($17,096,223.18) (the “Restated Property Tax Transfer Amount”), which is the result of the Eleven Million Five Hundred Thousand Dollars ($11,500,000), which District agreed to be transferred to County pursuant to the Second Agreement, plus the Eleven Million Six Hundred Thousand Dollars ($11,600,000), which District agreed to be transferred to County pursuant to this Agreement, less the Six Million Three Thousand Seven Hundred Seventy-Six and 82/100 Dollars ($6,003,776.82) the County Auditor has transferred to District from County pursuant to the terms of the Second Agreement; WHEREAS, in order to accommodate this Agreement, District has held a properly noticed public hearing in accordance with R&T Code Section 99.02 and determined, based upon that hearing, that: (1) revenues are available for this purpose; (2) the contemplated transfer will not result in any increase in the ratio between the amount of revenues of the transferring agency that are generated by regulatory licenses, use charges, user fees, or assessments and used to finance services provided by the transferring agency; (3) the contemplated transfer will not impair the ability of the transferring agency to provide existing 3 services; and (4) the contemplated transfer will not result in a reduction of property tax revenues to school entities; WHEREAS, to further accommodate this Agreement, District has adopted a resolution authorizing this Agreement and requesting concurrence by County in the foregoing findings pursuant to R&T Code Section 99.02; WHEREAS, District and County now wish to enter into this Agreement in order to facilitate the preservation of DMC as a health care resource for the communities they both serve, with the purpose and intent that the same shall entirely amend, restate, replace and supplant the parties’ remaining rights and obligations under the Second Agreement, and specifically, to provide for District’s additional allocation and transfer of general ad valorem property tax revenues to County in consideration of County’s transfer of additional amounts to District for the purposes and otherwise as set forth herein; NOW, THEREFORE, for good and valuable consideration, the sufficiency of which is acknowledged, and in further consideration of the foregoing premises and the following terms and conditions, the parties hereto agree as follows: 1. DEFINITIONS. In addition to those words and phrases defined elsewhere in this Agreement, the following words and phrases in this Agreement shall have meanings set forth below: A. “Ad valorem property taxes” shall mean the sum of the general ad valorem tax revenues allocable in regular installments to District, including such incremental increases or decreases as occur by reason of changes in District’s property tax base or changes in District’s allocations occurring by reason of law or subsequent reallocations of existing property tax revenues to District. B. “Effective Date” has the meaning set forth in the first paragraph of this Agreement. C. “Governing Body” shall have the meaning set forth in Section 2.B, below. 2. CONTINUING PROPERTY TAX ALLOCATION. A. Continuing Property Tax Allocation. This Agreement amends, restates, replaces and supplants the parties’ remaining rights and obligations under the Second Agreement. The County Auditor shall allocate and transfer to County the entirety of the general ad valorem property tax revenues that otherwise would be collected and allocated to District commencing July 1, 2013, and shall continue to allocate such ad valorem property tax revenues to County from year to year, as authorized by R&T Code Section 99.02, until the sum of all such allocations to County equals the Restated Property Tax Transfer Amount and District has satisfied all of its other obligations herein. The allocation and transfer of ad valorem property tax revenues to County that otherwise would be allocated to District shall be effective solely upon this Agreement becoming effective and being provided to the County Auditor. The transfer and allocation of property tax revenues provided herein is and shall be an effective and 4 completed assignment of all of District’s rights to the amount of such tax revenues set forth in this Section 2.A, without the need for any further approval or action by District. B. Governing Body Continued Existence; County Representatives. In further consideration for County’s support of District pursuant to this Agreement, District will continue to maintain the committee of the District Board that serves as the “governing body” of DMC (the “Governing Body”), as that term is used in Sec. 70035 of Title 22 of the California Code of Regulations (respecting licensure and regulation of acute care hospitals), with overall administrative and professional responsibility for DMC at least until such time as there has been a transfer and allocation of ad valorem property tax revenues to County in an amount equal to the Restated Property Tax Transfer Amount. District agrees that, unless and until District has satisfied its obligations under this Section 2, by causing the allocation, transfer and apportionment of ad valorem property tax revenues in an amount equal to the Restated Property Tax Transfer Amount, it will not amend either of District’s Amended and Restated Bylaws or the Governing Body Bylaws, to remove, reduce or impair participation by County Representatives in the Governing Body without the prior written consent of County. C. Governing Body Membership. The Governing Body shall have and exercise the full powers and authority granted to it pursuant to the “West Contra Costa Healthcare District Doctors Medical Center Governing Body Bylaws” adopted April 29, 2011, as amended January 23, 2013, and as the same may be modified and amended with the consent of District and County at least until such time as there has been a transfer and allocation of ad valorem property tax revenues to County in an amount equal to the Restated Property Tax Transfer Amount. The membership and composition of the Governing Body shall be comprised of: (i) the five (5) members of the District Board, serving ex officio; (ii) four (4) representatives of the County, who shall be the District One representative serving on the County Board of Supervisors ex officio, the County Health Services Officer (or his/her designee) ex officio, the County Public Health Director (or his/her designee) ex officio, and the County Health Services Chief Financial Officer (or his/her designee) ex officio (each of the foregoing, a “County Representative” and collectively, the “County Representatives”); and (iii) two (2) representatives of the DMC medical staff, each of whom shall serve for a term of one (1) year. For purposes of selecting the two (2) DMC medical staff representatives to the Governing Body, the DMC Medical Executive Committee shall nominate three (3) members of the DMC medical staff, and a majority of the other members of the Governing Body shall select two of such nominees to serve on the Governing Body, with the third nominee being an alternate who shall serve as a Governing Body member in the event of a vacancy (temporary or otherwise) in either medical staff representative position. D. County Representative Withdrawal from Governing Body. Notwithstanding the provisions of Article VI (Committees) of the District Amended and Restated Bylaws and Article 3 (Members) of the Governing Body Bylaws, each of which provide that the Governing Body includes (i) the District One representative of the Board of Supervisors, (ii) the County Health Services Officer or his/her designee, (iii) the County Public Health Director or his/her designee, and (iv) the County Health Services Chief Financial Officer or his/her designee, any County Representative may withdraw from the Governing Body by giving at least 60 days written notice to District of such withdrawal. 5 3. DISTRICT REPRESENTATIONS, WARRANTIES AND COVENANTS; CONDITIONS PRECEDENT. A. District hereby covenants and agrees that in each fiscal year it will: (i) take all actions necessary, reasonable and/or prudent to ensure that the levy of general ad valorem property taxes, upon which the allocation described in Section 2.A of this Agreement depends, will be fully implemented on an annual basis; and (ii) not take any actions that would have the effect of impairing or reducing such levy or the above-described allocation of general ad valorem property tax revenues until all amounts due to County hereunder have been allocated and transferred. B. District was a debtor in a Chapter 9 bankruptcy case (Case No. 06-41774- T), which case was closed by order of the court on December 9, 2010. District hereby represents and warrants that (i) it has satisfied all of its obligations under its plan of bankruptcy reorganization, and that the United States Bankruptcy Court no longer has any jurisdiction over it, and (ii) since the closure of its prior bankruptcy case it has not considered instituting a bankruptcy proceeding, and has no intention of discussing instituting a bankruptcy proceeding, and is not insolvent. C. County’s obligation to effect the transfer to District pursuant to Section 4 of this Agreement shall be conditioned upon the occurrence of all the following matters to the satisfaction of County: 1. District demonstrates to County’s satisfaction, in County’s sole discretion, that District has complied with R&T Code Section 99.02, as required in order to permit District to enter into and perform the terms of this Agreement; 2. The transactions contemplated by this Agreement shall have been approved by such governmental agencies as may be required; 3. District takes no action to terminate, modify or otherwise alter the Governing Body, its composition or authority; 4. District has not instituted a case in bankruptcy court, or been the subject of any involuntary bankruptcy proceeding, or had a receiver appointed for it or its assets, or admitted in writing its inability to pay its debts as they become due; and 5. District otherwise is and remains in good faith compliance with its obligations hereunder. 4. COUNTY’S FUNDING OBLIGATIONS A. No later than ten days after the Effective Date, County will transfer to District the amount of Nine Million Dollars ($9,000,000) in immediately available funds (the “County Transfer”). B. District shall use the proceeds of the County Transfer only to pay and satisfy one or more of the following: (i) debt service on funded indebtedness incurred in 6 connection with the improvement or operations of DMC first coming due after the Effective Date; or (ii) the general expenses of operations of DMC incurred after the Effective Date. 5. INSURANCE AND INDEMNIFICATION. A. Insurance. District will obtain or cause to be obtained such insurance as County deems necessary or prudent to protect the District, and the County Representatives from claims and liability to third parties, including without limitation Directors and Officers liability coverage naming the County Representatives as insureds. District will provide the Governing Body and County with evidence of the foregoing insurance no later than 30 days after the Effective Date. County shall be named as an additional insured on all insurance carried by District related to the operation, maintenance and administration of DMC. B. Indemnification. To the maximum extent permitted by laws, District shall indemnify, defend, save, protect and hold harmless County and the County Representatives, and County’s governing body, officers, employees, representatives, agents, successors and assigns (collectively, “Indemnitees”), from and against any and all demands, losses, claims, costs, suits, liabilities, expenses for any damage, injury or death (collectively, “Liability”) arising directly or indirectly from or connected with this Agreement or the Indemnitees’ actions or inactions under this Agreement or as members of the Governing Body, including but not limited to the Governing Body’s oversight of DMC, or any other activity taken pursuant to this Agreement or in connection with the Governing Body, including reasonable attorneys’ fees, the Indemnitees may make by reason of such matters. If requested by any of the Indemnitees, District will defend any such suits at the sole cost and expense of District, with counsel approved by County. District’s obligations under this section shall exist regardless of concurrent negligence or willful misconduct on the part of the Indemnitees, District or any other person or entity; provided, that District is not required to indemnify County for the proportion of Liability a court determines is attributable to the sole negligence or sole willful misconduct of County and is not required to indemnify a County Representative for the proportion of Liability a court determines is attributable to the sole negligence or sole willful misconduct of such County Representative. 6. COMPLIANCE WITH LAW. District has ultimate responsibility for ensuring compliance with federal, state and local laws and regulations governing the delivery of health care services at DMC. District will immediately report to the Governing Body any notice of violation. District will solicit the advice of the Governing Body regarding any violation and will take appropriate action, or direct the Governing Body to take appropriate action based on the respective scope of responsibilities, regarding remedial actions as needed or as recommended by the Governing Body. 7. EXCLUSIONS. District and County recognize that District receives certain special taxes, i.e., parcel tax revenues generated from voter approved parcel tax measures enacted in 2004 and 2011 and that such special parcel tax revenues are not subject to this Agreement. 7 8. JOINT REVIEW. District and County may jointly review County property tax records from time to time or as requested by District or County to verify accurate distribution under this Agreement. 9. GOVERNING LAW AND ATTORNEYS’ FEES. This Agreement shall be construed and enforced in accordance with the laws of the State of California. Should any legal action be brought by either party because of any default under this Agreement or to enforce any provision of this Agreement, or to obtain a declaration of rights hereunder, the prevailing party shall be entitled to reasonable attorneys’ fees, court costs and such other costs as may be fixed by the court. 10. NOTICES. Any notice or other communication required or permitted hereunder shall be sufficient if in writing, and given either personally, by facsimile (with original forwarded by regular U.S. Mail), regular U.S. mail or by Federal Express or other similar courier promising overnight delivery. If personally delivered, a notice or communication shall be deemed to have been given and received when delivered to the party to whom it is addressed. If given by facsimile transmission, a notice or communication shall be deemed to have been given and received upon receipt of the entire document by the receiving party’s facsimile machine, and verified by electronic transmission by the sending facsimile machine. Notices that are mailed by regular U.S. mail shall be deemed delivered two business days after deposited in the mail and notices given by Federal Express or other overnight courier service shall be deemed delivered the day following the date of delivery to Federal Express or such other overnight courier. Such notices or communications shall be given to the parties and each of their designees at their addresses set forth below: If to District: To the persons then serving as its Chair, Board of Directors and its Chief Executive Officer, at the below address: West Contra Costa Healthcare District c/o Doctor’s Medical Center 2000 Vale Road San Pablo, CA 94806 Fax #: (510) 970-5728 If to County: The person then serving as its County Administrator, at the below address: Contra Costa County 651 Pine Street, 11th Floor Martinez CA 94553 FAX#: 925-335-1098 8 and to: The person then serving as its Chief Operating Officer/Chief Financial Officer, Department of Health Services, at the below address: Department of Health Services 50 Douglas Dr Suite 310-A Martinez, CA 94553 FAX#: (925) 957-5401 Any party hereto may at any time, by giving ten (10) days written notice to the other party, designate any other address or facsimile number in substitution of the address or facsimile number to which such notice or communication shall be given. 11. SEVERABILITY. If any provision of this Agreement is held invalid, void, or unenforceable but the remainder of this Agreement can be enforced without failure of material consideration to any party, then the remainder of this Agreement shall remain in full force and effect, unless amended by mutual consent of the parties. 12. FURTHER ASSURANCES; CONDITION PRECEDENT. Each party shall execute and deliver to the other party or parties all such other further instruments and documents and take all such further actions as may be reasonably necessary to carry out this Agreement and to provide and secure to the other party or parties the full and complete enjoyment of its rights and privileges hereunder. 13. CONSTRUCTION. All parties have been represented by counsel in the preparation of this Agreement and no presumption or rule that ambiguity shall be construed against a drafting party shall apply to the interpretation or enforcement hereof. Captions on sections and subsections are provided for convenience only and shall not be deemed to limit, amend, or affect the meaning of the provision to which they pertain. 14. OTHER MISCELLANEOUS TERMS. The singular includes the plural; the masculine gender includes the feminine. “Shall” or “will” is mandatory; “may” is permissive. 15. TIME. Time is of the essence of each and every provision hereof. 9 IN WITNESS WHEREOF, the parties hereto have executed this Agreement. County of Contra Costa By: _______________________________ _______________________________ Director, Contra Costa County Department of Health Services West Contra Costa Healthcare District By: _______________________________ _______________________________ Chair, Board of Directors RECOMMENDATION(S): (CONT'D) ACKNOWLEDGE that the County duly gave notice of a public hearing pursuant to Government Code section 6061. 6. CONDUCT A PUBLIC HEARING pursuant to Revenue & Taxation Code section 99.02(e) to consider the effect of the proposed transfer of general property tax allocation to the County by the District on fees, charges, assessments, taxes or other revenues. 7. ACKNOWLEDGE that the County Auditor-Controller has concluded that if the property tax transfer is enacted (1) that countywide property taxes will not go above the 1% rate established by Proposition 13 and (2) that schools or other taxing agencies will not be adversely affected. 8. ACKNOWLEDGE that on July 15, 2013, the District held a duly noticed public hearing and unanimously adopted a resolution requesting and authorizing the execution of a tax transfer agreement with the County. 9. ADOPT Resolution No. 2013/304 authorizing the transfer of property tax revenues from the District to Contra Costa County in the amount of $11.6 million in consideration of the County’s continuing support of the District’s delivery of health care services at Doctors Medical Center, such support to include the transfer of $9 million to the District pursuant to Government Code Section 26227, and the service by County officers and/or other County personnel on a committee of the District Board being formed to have overall administrative and professional responsibility for Doctors Medical Center (the “Governing Body”), and that will continue to serve as the Hospital “Governing Body” of Doctors Medical Center as that term is used in Section 70035 of Title 22 of the California Code of Regulations (respecting licensure and regulation of acute care hospitals). 10. APPROVE and AUTHORIZE the Health Services Director or his designee to execute a property tax transfer agreement between the County and the District, a copy of which is attached to the Resolution as Exhibit A (the “Amended and Restated Second Transfer Agreement”) and which provides for a further reallocation and transfer of property tax revenues by the District to the County as well as County participation on the Doctors Medical Center Governing Body. 11. ACKNOWLEDGE that the actions taken pursuant to this Board Order do not guarantee the long-term solvency of Doctors Medical Center. 12. ACKNOWLEDGE that the Health Services Department asked Foley & Lardner, LLP, special counsel to the County Health Services Department, about bankruptcy risk and whether the reallocation of tax revenues provided by the Amended and Restated Second Transfer Agreement might be set aside if the District were to be the subject of an additional bankruptcy proceeding. Foley & Lardner told us that notwithstanding the District’s prior bankruptcy filings, it is eligible to institute another bankruptcy proceeding. They also advised that while bankruptcy courts have broad equitable powers to rearrange and restructure a debtor’s obligations, they believe that this arrangement presents a negligible risk that the transfer would be set aside by a bankruptcy court, owing to the fact that the County is transferring value to the District, and the District’s reallocation of property tax revenues to the County is being done contemporaneously with the County’s transfer. In addition, while there is a lack of precedent on the issue, the reallocation of property tax revenues such as here is distinguishable from an agreement to transfer future revenues, because it is not an agreement to make a transfer in the future, when and as revenues are received, but rather is a present agreement to change the allocation of property tax revenues between the County and the District, such that the reallocated tax revenues never become the property of the District. 13. APPROVE Appropriation Adjustment No. 5000 authorizing the Auditor-Controller to release $9,000,000 from Designation General Fund Capital Reserve and appropriate it to County-State-West Contra Costa Healthcare District Inter-Government Transfer (Department 0018), subject to the limitations and other conditions set forth in the Amended and Restated Second Transfer Agreement which is described below under the “The Documents (Summary Points)” section in greater detail. FISCAL IMPACT: Pursuant to the Amended and Restated Second Transfer Agreement, the County will transfer $9 million of general purpose capital reserve revenues to the District. The County will receive $11.6 million of the District’s reallocated property tax revenue over a period of approximately six years, commencing with the fiscal year beginning July 1, 2013. Because these capital reserve funds are not required for current operations, and because the County will receive the District’s reallocated property tax revenue in return for the County’s transfer. BACKGROUND: Initial Property Tax Transfer: October 2006 Doctors Medical Center is operated by the District. This 247-bed facility is located in the western portion of the County, which has a population of approximately 250,000, a large portion of whom are low income. Doctors Medical Center provides medical services to the general public and is a critical component of the County Emergency Medical Services system. In September 2006, the District declared a financial emergency and authorized the filing of a bankruptcy petition in an effort to keep the hospital open. On September 19, 2006, and September 26, 2006, the Board of Supervisors received updates from the District regarding possible closure of the hospital. On October 1, 2006, the District filed a voluntary petition for Chapter 9 bankruptcy protection. On October 31, 2006, the Board of Supervisors approved the general structure of a recovery plan (the “Recovery Plan”) to maintain services at Doctors Medical Center. The participants in the Recovery Plan were the County, the District, the physician groups that independently admit patients to the hospital, the State and the bankruptcy court, all of whom approved the general structure. The Recovery Plan, in part, included: (i) execution of the JPA to establish the Doctors Medical Center Management Authority on which the County has majority representation; (ii) execution of an agreement between the County and the State of California Department of Health Services for the transfer, in installments, from the County General Fund, through June 30, 2007 of up to $10 million to the State’s General Fund, which funds were matched by the federal government and used by the State to provide enhanced Medi-Cal payments in the amount of $20 million to Doctors Medical Center; and (iii) in consideration of the County’s transfer discussed in (ii) above, reallocation of ad valorem property tax revenues that would otherwise be allocated to the District, commencing with the Fiscal Year beginning July 1, 2007, to the County in the total amount of $11.5 million (approximately $2.5 million annually for four successive years), pursuant to that certain West Contra Costa Healthcare District Agreement for Property Tax Transfer to Contra Costa County, dated October 31, 2006 (the “Initial Transfer Agreement”), between the District and the County. The County is permitted to end its participation in the Doctors Medical Center Management Authority at any time with 90 days notice. The Doctors Medical Center Management Authority is governed by a seven-member board of directors comprised of two members from the District, one affiliated physician representing the Doctors Medical Center medical staff and four members representing the County. The County members of the Doctors Medical Center Management Authority are the Director of County Health Services, the Chief Financial Officer of County Health Services and two members from the Board of Supervisors. Pursuant to the Initial Transfer Agreement, as of June 30, 2007, the County had transferred all $10 million to the State’s General Fund. $3 million was transferred on November 3, 2006, $3 million on December 5, 2006 and $4 million on February 15, 2007. During the period July 1, 2007, through September 30, 2008, the Doctors Medical Center Management Authority worked with management (on-site consultants) to implement a number of initiatives in the following areas: Revenue Cycle-improve billing and collections; Labor-right size staffing with hospital volume and need; Non-Labor-renegotiate pricing arrangements and vendor contracts (better pricing on products and services provided to the hospital). These initiatives yielded $9.7 million in savings. The Doctors Medical Center Management Authority then negotiated a three year “bridge funding” Medi-Cal contract increase in the amount of $36 million with the California Medical Assistance Commission (CMAC); a $12 million three year grant with Kaiser Permanente and a $3 million three year grant from John Muir Medical Center which eliminated the annual $29.7 million structural deficit of Doctors Medical Center. On June 3, 2008, the District filed a “Disclosure Statement Plan for the adjustment of debt” in the United States Bankruptcy Court, Northern District of California. On August 14, 2008 the Plan was approved without objection and the District emerged from bankruptcy. The bankruptcy Plan called for payments to creditors over a three-year time period of $12 million. The final payment was made on March 10, 2011. No further action on the part of the District is required by the Bankruptcy Court. Pursuant to the Initial Transfer Agreement, tax transfers by the District to the County were made as follows: $3.4 million during fiscal year 2007/08; $3.4 million during fiscal year 2008/09; $3.0 million during fiscal year 2009/10; and a final transfer of $1.7 million on March 10, 2011. Total payments received amount to $11.5 million. No further tax transfers are due. Second Agreement for Property Tax Transfer: April 2011 The District requested a second reassignment of property tax revenues to alleviate the cash deficiency. The request involved transfers of up to $10 million from the County to the District, to be made up of an initial transfer of $2 million, and two subsequent transfers in the amount of $2 million and $6 million that were conditioned on the requirement that, before any subsequent transfer is made, the Health Services Director has first determined that the District is in full compliance with the requirements of the Second Agreement at the time of each transfer. The County reserved the right to stop the transfers at any time if the Board of Supervisors determines that the District was not demonstrating sufficient progress toward the establishment of the Hospital Governing Body or was not otherwise in compliance with the Second Agreement. The full $10 million in County transfers subsequently were made. In exchange for the foregoing transfers and other specified consideration, the District authorized a reallocation to the County of all ad valorem property tax revenues that would otherwise be allocated to the District, commencing with the Fiscal Year beginning July 1, 2011, until the total tax transfers to the County reach $11.5 million (approximately $3 million annually for four successive years). In addition, the District consented to the participation by County officers and/or other County personnel on a committee of the District Board being formed for the purpose of overall administrative and professional responsibility for Doctors Medical Center, and that will serve as the “Governing Body” of Doctors Medical Center as that term is used in Section 70035 of Title 22 of the California Code of Regulations (respecting licensure and regulation of acute care hospitals). As of June 30, 2013, $6,003,776.82 in property tax revenue has been received; $5,496,223.18 is outstanding. Current Situation: Amended and Restated Second Agreement: July 2013 In 2012 DMC again found itself facing a significant financial gap. The Board of Directors declared that the current delivery model is not sustainable in the long run, particularly with the direction of health care delivery under the Accountable Care Act (ACA), and a strategic partner must be found to ensure long-term survivability. Understanding that the search for such a partner would take time, the organization again worked to identify immediate initiatives essential to secure the time necessary for implementation of a longer term strategy. These included another round of expense reductions, a new parcel tax, and another debt financing. The parcel tax – Measure J – was passed with approval of approximately 74% of the voting district residents in November 2011. This new tax provided an additional $5 million in support closing approximately 30% of the operating loss gap. In December of that year, therefore, the management team finalized $40 million in additional debt financing to support operations. The hospital is “living” on this financing to support expenses at this time. Since 2012, the management team of DMC has continued to reduce expenses – including another reduction of more than $6 million from an already tight operating budget for calendar year 2013. Continued reductions in revenue however, make it increasingly challenging to cut expenses at pace with revenue declines. For example, in April of this year Medicare payments were cut by more than $1 million annually as part of the budget sequestration. In 2014, further changes in Medicare will reduce payments by nearly $3 million – despite the fact that DMC will care for the same volume of very sick patients, while experiencing general inflation increases in the cost of drugs and supplies to care for those patients. Simultaneous with DMC’s measures to control costs – and therefore the operating losses – the organization has remained active in searching for a strategic partner at the local, state and national level. In the spring of 2012, contact was made with nearly 2 dozen organizations to discuss potential partnerships. Little if any interest has been expressed, but the Governing Body and management continue to pursue options. With the implementation of major new delivery system reform expected in 2014 as a result of ACA, greater opportunity for partnership will be available to DMC and the District. Implementation of a partnership will take time, however, and in the interim the hospital has a 2013 budgeted loss of approximately $11 million (taking into account reductions in Medicare payments as a result of the 2013 federal sequester). As a result, the organization is again looking for help to fund the operating gap until a partnership can be consummated. Without support, DMC will likely be forced to once again plan for closure by the end of this year. The District request involves a $9 million transfer from the County to the District. In exchange for the transfer, the District will authorize a reallocation of ad valorem property tax revenues that would otherwise be allocated to the District to the County until the total tax transfers equal $11.6 million in addition to the transfers reallocated to the County under the April 2011 Second Agreement for Property Tax Transfer. This transaction requires that the Board of Supervisors approve: (1) an appropriation adjustment; (2) a resolution under Revenue and Taxation Code Section 99.02; and (3) a property tax transfer agreement. THE DOCUMENTS (SUMMARY POINTS): A. Resolution: Tax transfer agreements entered into pursuant to California Revenue and Taxation Code Section 99.02 permit the reallocation of general property taxes among taxing agencies. Before entering into a tax transfer agreement, both agencies are required to hold a public hearing to consider whether the agreement will result in any changes to other sources of revenue. On July 15, 2013, the District held a public hearing and adopted a resolution requesting a tax transfer agreement with the County and approving the execution of the Second Tax Transfer Agreement. The District has determined that (1) revenues are available for this purpose; (2) the transfer will not result in any increase in the ratio between the amount of revenues of the transferring agency that are generated by regulatory licenses, use charges, user fees, or assessments and used to finance services provided by the transferring agency; (3) the transfer will not impair the ability of the transferring agency to provide existing services; and (4) the transfer will not result in a reduction of property tax revenues to school entities. Based on the information presented, if the Board of Supervisors concurs in the determinations of the District and has found that no other taxing agencies will be adversely affected, the District may, by resolution, agree to the transfer of property tax revenues to the County. B. Tax Transfer Agreement: General property taxes otherwise allocable to the District would be transferred to the County during the period the tax transfer agreement remains in effect. The Amended and Restated Second Transfer Agreement sets forth the terms and conditions for the temporary transfer of District ad valorem property tax revenues to County to facilitate new funding for Doctors Medical Center. The sum of the tax revenues to be transferred to the County is $17,096,223.18. In addition, the Amended and Restated Second Transfer Agreement provides for the County’s ongoing support of the delivery of health care services at Doctors Medical Center through the participation by County officers and/or other County personnel on the DMC Governing Body, which participation will continue until County has received the transfer of all property taxes due under the Second Amended and Restated Transfer Agreement. CONSEQUENCE OF NEGATIVE ACTION: Doctors Medical Center will be subject to closure. CHILDREN'S IMPACT STATEMENT: Not applicable. CLERK'S ADDENDUM Speakers: Bill Granados, CCC Fire Protection District Advisory Commission; Eric Zell, Doctors' Medical Center; Vito Impastato, Firefighters' Local 1230; Vincent Wells, President Firefighters' Local 1230; Pat Frost, Contra Costa Emergency Medical Services. CLOSED the hearing; and ADOPTED the recommendations as presented. ATTACHMENTS Resolution No. 2013/304 Resolution No. 2013/304 Exhibit A - Amended and Restated Second Agreement Appropriation Adjustment No. 5000