HomeMy WebLinkAboutRESOLUTIONS - 02231982 - 82/255THE BOARD OF: SUPE~IVISORS OF CONTRA COSTA COUNTY, CALIFORNIA
Adopted this Order on March 2' 1982 , by the following vote:
AYES:
NOES:
Supervisors Fahden, Schroder, Torlakson, McPeak
None
ABSENT: Supervisor Powers
ABSTAIN: None
SUBJECT:
Requesting Use of an Escrow Agreement )
for the Transfer of Local Cost Share )
to the Corps of Engineers for the )
Pine-Galindo Creeks Phase III )
Improvements, Concord Area. )
Project No. 752O-6B8687 )
RESOLUTION NO. 82/ 255
WHEREAS the Contra Costa County Flood Control and Water Conservation District,
as local sponsor for the Corps of Engineers Walnut Creek Project, must provide
funds for 7.4% of the construction costs and the relocation of all bridges in
conflict with the proposed i mprovernents; and
WHEREAS the aforesaid local share for Phase III of the Pine-Galindo Creeks
improvements will amount to approximately$9OO,OOO; and
WHEREAS the funding capability of Flood Control Zone 3B has been severely
reduced by Proposition 13 to the extent that funding of the local share of the
total authorized Walnut Creek Project is a critical problem; and
WHEREAS the Escrow Agreement between the Corps of Engineers and the District
for securing the local cost share on the Pine-Galindo Creeks Phase IIB improvements
allowed the district to earn an estimated $121,500 in interest from the funds
in escrow through March 29, 1982; and
WHEREAS this interest revenue and the interest revenue from a similar escrow
agreement for Phase III would greatly improve the District's ability to meet
the local share obligation on the remaining Walnut Creek Project improvements;
NOW, THEREFORE, BE IT RESOLVED that the Board of Supervisors, as the governing
body of the Contra Costa County Flood Control and Water Conservation District,
does hereby REQUEST the United States Army Corps of Engineers that the use of
an escrow agreement be allowed for securing the local share of the Pine-Galindo
Creeks Phase III project costs and that the demand upon said escrow account for
payments to the contractor and for engineering be made on a proportional basis
of the local cost share to the total project costs.
FURTHER, BE IT RESOLVED that the Clerk of the Board is DIRECTED to send
a copy of this Resolution to Colonel Paul Bazilwich, Jr. District Engineer, Corps
of Engineers San Francisco District and to Congressman George Miller, 367 Civic
Drive, Pleasant Hill, CA 94553.
, ,_..,eertlly that this Is ~ ,~andoorrectoo,yot
an action taken and entered on thfl mlnutu of the
Board of Superviaora on the datt MOWA
ATTESTED: MAR 2 1982
J.lt. OLSSON, COUNTY CLERK
and ex officio Clerk of the Boanl
By ~~ • ,,_,,
J
Orig. Dept.: Public Works Depa rtment, Flo od Control Planning
cc: County Administrator
Public Works Director
Flood Control
Accoun ting
Auditor-Controller
County Coun sel
RESOLUTION NO. 82/255
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