HomeMy WebLinkAboutMINUTES - 02131996 - C54 TO: BOARD OF SUPERVISORS
Contra
t
William Walker, M.D., Director
FROM: s s Costa
Health Services Department
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County
DATE: January 11, 1996
SUBJECT: TRUST FUND INTEREST
SPECIFIC REQUESTS(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
Recommended Action:
1. Acknowledge that on January 28, 1994, the County entered into an agreement with General Chemical
Corporation to resolve several matters related to the July 1993 release of gases at their Richmond, Ca facility.
2. Declare that any interest earned by the County on unexpended contributions received from General Chemical
Corporation for construction and equipping of a greater Richmond area Health Clinic pursuant to the above
agreement, accrue to the benefit of the Health Clinic.
3. Declare that any interest earned by the County on unexpended contributions received from General Chemical
Corporation for the purchase and outfitting of a Mobile Health Van pursuant to the above agreement, accrue to
the benefit of the Mobile Health Van.
4. Direct the Auditor-Controller to calculate the amount of interest earned by the County on the above referenced
contributions retroactive to the date of their receipt and to deposit said earnings into the appropriate Trust Fund.
Background: .
On July 26, 1993, during the process of unloading a railcar at their Richmond, Ca. facility, there was an accidental
release of gaseous oleum. In settlement of various matters related to this incident, the Bay Area Air Quality
Management District, General Chemical Corporation and Contra Costa County entered into an agreement, whereby
General.Chemical Corporation agreed to make specific financial contributions to benefit the health and safety of the
greater Richmond area residents. On March 15, 1994, the Auditor received $600,000 from General Chemical
Corporation to partially finance the construction and equipping of a Health Clinic in North Richmond and $200,000 for
the purchase and outfitting of a Mobile Health Van. These monies were placed in Trust Fund #810900, accounts#
GC 9400000-1010 and GC 9400001-1010 respectively. Absent specific direction from the Board,Trust Fund accounts
do not automatically receive credit for interest earnings.
CONTINUED ON ATTACHMENT: YES SIGNATURE: -
RECOMMENDATION OF COUNTY ADMINISTRATOR _RECOMMENDATION OF BOARD COMMITTEE
_APPROVE _OTHER
SIGNATURE(S):
ACTION OF BOARD ON FEBRUARY 13, 1996 APPROVED AS RECOMMENDED X OTHER
VOTE OF SUPERVISORS
X UNANIMOUS (ABSENT IV ) I HEREBY CERTIFY THAT THIS IS A TRUE
AYES: NOES: AND CORRECT COPY OF AN ACTION TAKEN
ABSENT: ABSTAIN: AND ENTERED ON THE MINUTES OF THE BOARD
OF SUPERVISORS ON THE DATE SHOWN.
CC: County Administrator ATTESTED FEBRUARY 13, 1996
Health Services Administration PHIL BATCHELOR,CLERK OF THE BOARD OF
Attn:George Washnak SUPERVISORS AND COUNTY ADMINISTRATOR
Auditor-Controller
Contact: Patrick Godley, 370-5005
M382(10/88) BY DEPUTY