HomeMy WebLinkAboutMINUTES - 12021996 - D1 - D, l
To: BOARD OF SUPERVISORS Ji5E �. Contra
7 .
`FROM: Phil Batchelor, County Administrator Costa
DATE: December 2' 1996 `��
�;�.,_ ,.fir
r�'� County
C`VUN�
SUBJECT: ESTABLISHMENT OF AN AGRICULTURAL TRUST FUND
SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS:
1. REAFFIRM the establishment of an Agricultural Trust Fund.
2. REAFFIRM the transfer of$500,000 from the Keller Canyon Mitigation Reserve to
an Agricultural Trust Fund as recommended by Supervisor Torlakson.
3. APPROVE the attached appropriation and revenue adjustment which authorizes the
Auditor to execute the transfer of funds.
BACKGROUND: .
On November 19, the Board heard an oral report by the Director of Growth Management
and Economic Development on the status of the establishment of an Agricultural Trust
Fund as recommended by Supervisor Torlakson. The Board supported the allocation of
$500,000 of Keller Canyon Mitigation reserve monies to the Agricultural Trust Fund and
directed the County Administrator to transfer the funds. Approval of recommendation three
above will allow for the financial transfer to be accomplished.
Expenditure of funds from the Agricultural Trust will be governed by the Agricultural Trust
By Laws approved by the Board on March 14, 1996.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
APPROVE OTHER
SIGNATURE(S):
ACTION OF BOARD ON December 2, 1996 APPROVED AS RECOMMENDED OTHER
The Board of Supervisors REAFFIRMED the establishment of an Agricultural Trust Fund; DIRECTED the Finance
Committee to assist the.Agricultural Trust Fund Board of Directors'in developing an outline of their plan
for raising additional funds, seeking grants, and maximizing the opportunities in Contra Costa County;
DIRECTED the Finance Committee to report to the Board of Supervisors by Mid-February, 1997, on the
procurement plans developed by the .Agrdcultural Trust Fund Board of Directors; and DECLARED INTENT to
approve and authorize the appropriation and transfer of $500,000 from the Keller Canyon Mitigation Reserve
to the Agricultural Trust Fund in Mid-February, 1997, contingent upon the Board's approval of the
procurement plans presented by the Finance Committee.
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A TRUE
UNANIMOUS(ABSENT ) AND CORRECT COPY OF AN ACTION TAKEN
AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD
ABSENT: ABSTAIN: OF SUPERVISORS ON THE°DATE SHOWN.
ATTESTED December 2, 1996
Contact: County Administrator PHIL BATCH LOR,CLERK OF THE BOARD OF
CC: vat Alexeef ,f, GMEDA APES AND COUNTYADMIN ATOR
Cliff Hanson, GMEDA-Finance
Auditor-Controller
Finance Committee (via CAO)
Agricultural Trust Fund Board (via CAO)
CONTRA COSTA COUNTY
ESTIMATED REVENUE ADJUSTMENT
T/C 2 4
ACCOUNT CODINC BUDGET UNIT:
0005 :---LGdneral County Revenue
ORCANIZATION REVENUE
ACCOUNT REVENUE DESCRIPTION INCREASE <DECREASE>
100
11
0005 8981 Fund Balance Available 500,0001.00
TOTALS
500,000:.00,
APPROVED EXPLANATION OF REOUEST
AUDITOR-CONJ-FROLLER
B
Dote Transfer $500,000 from Keller Canyon
COUNTY ADMINISTRATOR Mitigation Reserve to an Agricultural
Trust Fund.
B Dote
BOARD OF SUPERVISORS
YES:
NO:
�WA CA0
--V- SIGNATURE TITLE DATE
By: Date REVENUE ADJ. R A 0 0 -5'7"1
JOURNAL NO.
r
AUDI -CONTROLLER U ONLY
CONTRA COSTA COUNTY FINAL APPROVAL NEEDED BY:
.
APPROPRIATION ADJUSTMENT
1 n4BOARD OF SUPERVISORS
T/C 2 7 .
COUNTY ADMINISTRATOR
r
ACCOUNT CODING BUDGET UNIT. 0357 - Community Development
ORGANIZATION EXPENDITURE EXPENDITURE ACCOUNT DESCRIPTION CECREASE INCREASE
SUB-ACCOUNT
100 . 100
I I
I i
0357 3580 Contributions to Other Agencies 1 500,00000
I
I I
I I
0990 6301 Reserve for Contingencies 500,000L00 1
0990 6301 Appropriable Revenue 1 500,00000
. I I
1 1
I '
I '
I
I I
I I
• I I
I I
I 1
I I
I I
1
I
I 1
I
- I I
I I
� I
I I
I
I I
TOTALS1
500,000.00 1,000,000100
APPROVED EXPLANATION OF REQUEST '
AUDITOR-CONTROLLER
By: Date Transfer $500,000 from Keller Canyon
Mitigation Reserve to an Agricultural
COUNTY ADMINISTRTOR Trust Fund.
By:�"" h Date���
BOARD OF SUPERVISORS
YES:
NO
—�-- .— DepiJI CX it As��E
SIGNATURE TITLE DATE
By. Date APPROPRIATION A P 0 0
ADJ. JOURNAL N0.
(M 129 Rev 2/86) I SEE INSTRUCTIONS CN REVERSE SIDE