Memorandum
Date: July 9, 2024
To: The Honorable Bruno Sabatier, Chair, Lake County Board of Supervisors
From: Jesus Salmeron, Special Districts Deputy Administrator - Fiscal
Subject: (Sitting concurrently as the CSA #2 Board of Supervisors and Lake County Sanitation District - Board of Directors) Adopt Resolution revising the Fiscal Year 2023-2024 Adopted Budget of the County of Lake authorizing cancellation of fund 254 Lake County Sanitation District SE Regional O&M reserve account in the amount of $2,000,000.00 to provide a short term loan to County Service Area #2, Spring Valley.
Executive Summary:
Attached for your review is a Resolution cancelling Fund 254 Lake County Sanitation District SE O&M Reserve Designation in the amount of $2,000,000 to provide a short term loan to CSA #2. Spring Valley. The amount would be appropriated to Fund 262 Object Code 784.63-02 Construction in Progress-Bridges for construction portion of the Bridge Construction Project- North Fork.
The Bridge Construction Project- North Fork Cache Bridge has been an ongoing Construction in Progress Project where the project has been in the design phase and a construction contract was signed on September 26th, 2023 and is fully grant funded. Spring Valley will receive grant revenue from the Federal Highway Administration via a Pass-Through from the California Dept. of Transportation. CSA #2 has insufficient funds to cover the construction invoices due to grant reimbursement occurring after expenditures are made, that must be resolved to continue to pay the contractor. CSA #2 has requested a short-term loan from LACOSAN-SE Regional Sewer in the amount of $2,000,000 to be paid back within 12 months and returned to its original Reserve.
If not budgeted, fill in the blanks below only:
Estimated Cost: __________ Amount Budgeted: _________ Additional Requested: ________ Future Annual Cost: ________
Purchasing Considerations (check all that apply): ☐ Not applicable
☐ Fully Article X. <https://library.municode.com/ca/lake_county/codes/code_of_ordinances?nodeId=COOR_CH2AD_ARTXPU_S2-38EXCOBI>- and/or Consultant Selection Policy <http://lcnet.co.lake.ca.us/Assets/Intranet/Policy/Policies+$!26+Procedures+Manual/Ch4_2021v2.pdf>-Compliant (describe process undertaken in “Executive Summary”)
☐ Section 2-38 <https://library.municode.com/ca/lake_county/codes/code_of_ordinances?nodeId=COOR_CH2AD_ARTXPU_S2-38EXCOBI> Exemption from Competitive Bidding (rationale in “Executive Summary,” attach documentation, as needed)
☐ For Technology Purchases: Vetted and Supported by the Technology Governance Committee <http://lcnet.co.lake.ca.us/Assets/Intranet/Intranet+Forms/Information+Technology/AdvPlan.pdf> (“Yes,” if checked)
☐ Other (Please describe in Executive Summary)
Consistency with Vision 2028 <http://www.lakecountyca.gov/Government/Directory/Administration/Visioning/Vision2028.htm> (check all that apply): ☐ Not applicable
☒ Well-being of Residents ☒ Public Safety ☒ Disaster Prevention, Preparedness, Recovery
☐ Economic Development ☒ Infrastructure ☐ County Workforce
☐ Community Collaboration ☐ Business Process Efficiency ☐ Clear Lake
Recommended Action:
(Sitting concurrently as the CSA #2 Board of Supervisors and Lake County Sanitation District - Board of Directors) Adopt Resolution revising the Fiscal Year 2023-2024 Adopted Budget of the County of Lake authorizing cancellation of fund 254 Lake County Sanitation District SE Regional O&M reserve account in the amount of $2,000,000.00 to provide a short term loan to County Service Area #2, Spring Valley.