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HomeMy WebLinkAboutMINUTES - 03221988 - 1.5 (2) 1-050 TO: BOARD OF SUPERVISORS, AS THE GOVERNING BOARD OF CONTRA COSTA COUNTY FLOOD CONTROL AND WATER CONSERVATION DISTRICT FROM: J. MICHAEL WALFORD, PUBLIC WORKS DIRECTOR DATE: March 22, 1988 SUBJECT: EAST CONTRA COSTA TRANSIT AUTHORITY REIMBURSEMENT AGREEMENT Specific Request(s) or Recommendation(s) & Background & Justification I. RECOMMENDATION ADOPT revised Drainage Fee Credit and Reimbursement Policy for Contra Costa County Flood Control and Water Conservation District Drainage Area 56. II. FINANCIAL IMPACT The revision extends the time limit for the repayment of reim- bursement agreements. All other aspects of the fee structure remain unchanged. No financial impact is anticipated. III. REASONS FOR RECOMMENDATION/BACKGROUND The current Credit and Reimbursement Policy provides for the repayment of outstanding reimbursement agreements from the collection of future drainage fees. The agreements are to remain in effect for 40 quarters following the completion of the drainage facilities and any outstanding balance owed at the end of the 40 quarters shall be waived. The East Contra Costa Transit Authority has expressed their concern withithe 40 quarter time limit. The proposed policy retains the 40 quarter time limit with the waiver of any outstanding balance, but changes the initiation of the 40 quarter time limit from the completion of the drainage facilities to the quarter in which the first reimbursement payment is made. The East Contra Costa Transit Authority Board of Directors supports the proposed revision. The revised policy applies equally to all parties . entering into reimbursement agreements. _ Continued on attachment: yes Signature: % �� 41 Recommendation of County Administrator Recommendation of Board Committee Approve Other: Signature(s) : Action of Board on: MAR 2 2 1488 Approved as Recommended_ Other Vote of Supervisors I HEREBY CERTIFY THAT THIS IS A TRUE AND CORRECT COPY OF AN Unanimous (Absent ) ACTION TAKEN AND ENTERED ON Ayes: Noes: THE MINUTES OF THE BOARD OF Absent: Abstain: SUPERVISORS ON DATE SHOWN. Attested MAR 2 2 MR Orig. Div. :Public Works (FC) PHIL BATCHELOR, cc: CLERK OF THE BOARD OF SUPERVISORS AND COUNTY MINISTRATOR JPM:sj . BO:Reimpol.t2 By dZ24eU DEPUTY CLERK,