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HomeMy WebLinkAboutMINUTES - 10221996 - C10 TO: BOARD OF SUPERVISORS FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR DATE: OCTOBER 22, 1996 SUBJECT: AUTHORIZE THE TRANSFER OF CERTAIN CROCKETT CO-GENERATION PLANT PROPERTY TAXES Specific Request(s)or Recommendations)&Background&Justification I. Recommended Action: AUTHORIZE transfer of the following funds from the Crockett Co-Generation Property Tax allocation: 1. $60,000 to the County General Fund for repayment of loan. 2. $40,000 to the County Service Area P-1/R-1 (Crockett) for Fiscal Year 1996-97 operating expenses. 3. $16,000 to County Service Area P-1/R-1 (Crockett) for re-roofing of the Community Center. II. Financial Impact: There will be no impact to the County General Fund. III. Reasons for Recommendations and Background: On February 15, 1994, the Board of Supervisors authorized the advance of$30,000 per year for Fiscal Years 1994-95 and 1995-96 as a loan to augment the County Service Area P-1 (Crockett) annual budget because of the loss of Special District Augmentation Funds. This recommended action will repay the loan of County General Funds authorized in 1994. Continued on attachment: X Yes SIGNATURE:.,/, [/ -- RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): �p ACTION OF BOARD ON: ' OCT 22 10 APPROVED AS RECOMMENDED OTHER VO OF SUPERVISORS ✓✓ UNANIMOUS (ABSENT ) AYES: NOES: ABSENT: ABSTAIN: SE:cs 1 hereby certify that this is a true and correct copy of g:\EngSvc\SpDist\BO\CSAPI 22.t10 an action telc2n and entered on the minutes of the Board of Superv.sors on th da n. Contact: Skip Epperly,(510)313-2253 ATTESTED: Ong. Div.: PW(Special Districts) PHIL HELOR,Clerk of the board cc: Auditor-Controller at supervisors and CountyAdministmtw Accounting T. Enea, CAO D. Robertson,Member-CSAP-1,CAC Oyu Crockett Recreation Association J r TRANSFER OF CERTAIN CROCKETT CO-GENERATION PLANT PROPERTY TAXES OCTOBER 22, 1996 PAGE TWO On May 16, 1996, the Crockett Community Foundation recommended that $40,000 in Crockett Co-Generation property taxes be allocated to County Service Area P-1/R-1 (Crockett) to augment operating and maintenance costs effective July 1, 1996 for one year. A copy of the foundation resolution approval is attached. The Crockett Community Foundation also recommended that $16,000 in Crockett Co-Generation property taxes be transferred to County Service Area P-1/R-1 (Crockett) for re-roofing the Community Center. The cost was estimated to be about $32,000. The matching funds will be provided from Crockett Community Foundation funds. IV. Consequences of Negative Action: The outstanding loan to the County General Fund cannot be repaid and the various projects will not be able to proceed.