Legislation Details

File #: 26-0823    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 8/5/2026 In control: BOARD OF SUPERVISORS
On agenda: 8/18/2026 Final action:
Title: Consideration of Resolution Supporting the Opportunity Zones 2.0 Local Authority Recommendation Forms Submitted to GO-Biz
Sponsors: Administrative Office
Attachments: 1. Opportunity Zone Resolution 8.18.26.pdf, 2. Lake County Eligible Census Tracts for Opportunity Zones Designation.pdf
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Memorandum

 

 

Date:                                          August 18, 2026

 

To:                                          The Honorable Brad Rasmussen, Chair, Lake County Board of Supervisors

 

From:                                          Susan Parker, County Administrative Officer

                                          Benjamin Rickelman, Deputy County Administrative Officer

 

Subject:                     Consideration of Resolution Supporting the Opportunity Zones 2.0 Local Authority Recommendation Forms Submitted to GO-Biz

 

Executive Summary:

 

This item asks your Board to adopt a resolution supporting the nine Opportunity Zones 2.0 Local Authority Recommendation Forms submitted on July 20, 2026, by the County of Lake, the City of Lakeport, and the City of Clearlake to the Governor’s Office of Business and Economic Development (GO-Biz). The One Big Beautiful Bill Act made the federal Opportunity Zones program permanent and authorized a new round of census tract designations taking effect January 1, 2027, with governors able to nominate up to twenty-five percent of their state’s eligible tracts. GO-Biz required a separate form for each tract, and the three jurisdictions submitted one for each of the nine Lake County tracts on the U.S. Department of the Treasury’s eligible list.

 

These are the same nine tracts identified in the April 2026 joint letter to the Governor from the Chair of the Board and the Mayors of Lakeport and Clearlake. The difference is only in how preference is expressed: the letter grouped the tracts into two tiers, while the GO-Biz form required an individual ranking. That ranking  (000801, 000402, 000703, 000501, 000802, 000702, 001000, 000704, and 000601) was developed in consultation with the City Managers of Clearlake and Lakeport, based on where development activity appears most likely in the short to medium term. On August 3, 2026, the State published its draft list of census tract recommendations for nomination. Two census tracts were selected for Lake County: 000402 and 000703. All three jurisdictions continue to prefer designation of all nine tracts; the ranking is guidance should the State designate fewer.

 

GO-Biz’s public comment period on the draft nomination list closes August 28, 2026, with comments submitted through the California Department of Finance portal. If adopted, the resolution would be filed there in support of the nine local recommendation forms. Designation would be a significant tool for a county whose unemployment, poverty, and median family income indicators rank among the most distressed in California, supporting housing, business attraction and expansion, healthcare and workforce facilities, and energy and infrastructure investment. There is no cost to the County associated with adoption.

 

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: Adopt Resolution Supporting the Opportunity Zones 2.0 Local Authority Recommendation Forms Submitted to GO-Biz and authorize staff to submit the adopted resolution through the Department of Finance public comment portal.