HomeMy WebLinkAboutMINUTES - 03311987 - 1.14 TO: BOARD OF SUPERVISORS, AS GOVERNING BOARD OF
CONTRA COSTA COUNTY FLOOD CONTROL AND WATER CONSERVATION DISTRICT-
FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR
DATE: March 18, 1987
SUBJECT: Approve Revolving Fund Loan to Drainage Area 29J, and Payment to Frank D. Evangelho,
Oakley Area. (7570-6F8439)
Specific Requests or Recommendations & Background & Justification
RECOMMENDED ACTION:
1 . APPROVE the transfer of $34,000 from the Flood Control District to the Flood Control
Revolving Fund and a loan from said fund in the amount of $61 ,000 to Drainage Area
29J, and
2. AUTHORIZE the Auditor/Controller to issue a warrant in the amount of $60,625 to Mr.
Frank D. Evangelho for the purchase of right of way in Drainage Area 29Jp To be
forwarded to the County Real Property Division for delivery.
FINANCIAL IMPACT:
Drainage Area 29J will have to repay the above loan plus annual interest of 6.75%.
REASONS FOR RECOMMENDATION/BACKGROUND:
The loan is needed to pay Mr. Frank D. Evangelho $60,625 as specified in the Purchase
Agreement approved by the Board on May 22 , 1984.
CONSEQUENCES OF NEGATIVE ACTION:
The District will not meet its obligation under the Purchase Agreement
Continued on attachment: yes Signature:
Recommendation of County AAministrator en tion ��ittee—
Approve
Other:
Signature(s) : /
Action of Board on: MAR 3 11987 Approved as Recommended 11 Other
Vote of Supervisors I HEREBY CERTIFY THAT THIS IS A TRUE
AND CORRECT COPY OF AN ACTION TAKEN
Unanimous (Absent Z ) AND ENTERED ON THE MINUTES OF THE
Vis: Noes: BOARD OF SUPERVISORS ON DATE SHOWN.
Absent: Abstain:
Attested MAR 31 1981
Orig. Div.: Public Works Department Phil Batchelor
cc: County Administrator Clerk of the Board of
County Counsel Supervisors and County
Auditor/Control ler Administrator
Public Works Dept.
Accounting
Flood Control Eng. ,
By & DEPUTY
MFK:md
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