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MEMORANDUM
TO: Board of Directors, Lake County Watershed Protection District
FROM: Philip B. Moy, Director of Water Resources
DATE: March 14, 2017
SUBJECT: (a) Consideration of a Fourth Amendment to the Funding Agreement Between the State of California Department of Water Resources and the Lake County Watershed Protection District Under the Flood Protection Corridor Program; and
(b) Consideration of a Resolution Amending the Middle Creek Flood Damage Reduction and Ecosystem Restoration Project Budget
EXECUTIVE SUMMARY:
The Department respectfully requests that the Board of Supervisors, sitting as the Board of Directors of the Lake County Watershed Protection District (District), consider two items relating to the ongoing Middle Creek Flood Damage Reduction and Ecosystem Restoration Project.
(a) A Fourth Amendment to the Funding Agreement Between the State of California Department of Water Resources and the Lake County Watershed Protection District
In 2003, the District applied for a Flood Protection Corridor Program (FPCP) grant to begin property acquisition within the Middle Creek Flood Damage Reduction and Ecosystem Restoration Project (Project) area. Our application was selected and the above-referenced Funding Agreement was executed by the parties. That funding was initially in an amount not to exceed $5,214,000.00. The first amendment to this Agreement in 2006 increased the available funding by $500,000.00 and extended the term of the Agreement to 2009. The second amendment to the Agreement increased the available funding by $7,000,000.00 and further extended the term of the Agreement to 2014. The third amendment to the Agreement extended the Agreement term to June 30, 2017.
The fourth amendment to the Agreement which is presented for your Board's consideration allows the consolidation, through line item reallocation, the $2,100,000.00 remaining in the District's Project budget. These funds are presently distributed among five Pro...
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