Skip to main content
File #: 26-0184    Version: 1 Name:
Type: Action Item Status: Agenda Ready
File created: 3/3/2026 In control: BOARD OF SUPERVISORS
On agenda: 3/10/2026 Final action:
Title: 10:00 A.M. - Consideration of a Joint Letter Advocating for Opportunity Zones Selection
Sponsors: Administrative Office
Attachments: 1. Opportunity Zones Joint Letter 3.10.2026, 2. Opportunity Zones PPT 3.10.2026 Final
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
No records to display.

Memorandum

 

 

Date:                                          March 10, 2026

 

To:                                          The Honorable Lake County Board of Supervisors

 

From:                                          Benjamin Rickelman, Deputy County Administrative Officer

 

Subject:                     Consideration of a Joint Letter Advocating for Opportunity Zones Selection

 

Executive Summary:

At the February 3, 2026, Board of Supervisors meeting there was a preliminary presentation regarding the Opportunity Zones program, updates to the program, and the eligible census tracts in Lake County that could be selected for the upcoming Opportunity Zones designation. Board direction was given to prioritize eligible census tracts for Opportunity Zones selection advocacy and return for further discussion.

 

Since that Board of Supervisors meeting County staff have discussed with the City of Lakeport and the City of Clearlake which census tracts to prioritize for Opportunity Zones selection advocacy. The attached letter prioritizes nomination of six (tier one) of the nine Lake County eligible census tracts. The groupings are based on an estimation of the likelihood of large-scale development occurring within these census tracts. The joint letter still needs approval from the City of Lakeport and the City of Clearlake.

 

The Opportunity Zones designation process starts July 1, 2026, and is due to Treasury by September 29, 2026. The upcoming round of Opportunity Zones designation will take effect January 1, 2027, and existing Opportunity Zones will expire on December 31, 2028. The program is now a permanent section of the Federal tax code with new designations every 10 years.

 

Staff recommends your Board approve a joint letter to the Governor’s Office advocating certain eligible census tracts for Opportunity Zones selection.

 

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:  Approve the joint letter to the Governor’s Office advocating eligible census tracts in Lake County for Opportunity Zones selection.