Title
Body
MEMORANDUM
TO: Board of Supervisors
FROM: Jan Coppinger, Administrator
Dan Janakes, Fiscal Administrator
DATE: February 13, 2019
SUBJECT: Adopt a resolution authorizing the Special Districts Administrator to initiate all transfers of Bonanza Springs Water CSA #7 assets, liabilities and fund equity in a manner prescribed by the County Auditor-Controller and as authorized and approved by the County Administrative Officer and that all conveyance of property, real and personal of the dissolved district, as illustrated in Attachment A, to Cobb Area County Water District shall be properly executed by the Special Districts Administrator.
EXECUTIVE SUMMARY: On August 13, 2018, Bonanza Springs Water CSA #7 was dissolved per LAFCO file # 2017-0001. Per the terms of this document and the amendment recorded on January 16, 2019, control of all monies or funds including cash on hand and monies due but uncollected and all property, real and personal of the dissolved district are to be vested with Cobb Area County Water District as provided for in Government Code section 57457 (d). We respectfully request that your board grant authorization to the Special Districts Administrator to initiate all transfers of Bonanza Springs Water CSA #7 assets, liabilities and fund equity in a manner prescribed by the County Auditor-Controller and as authorized and approved by the County Administrative Officer and that all conveyance of property, real and personal of the dissolved district, as illustrated in Attachment A, to Cobb Area County Water District shall be properly executed by the Special Districts Administrator.
FISCAL IMPACT: __ None __Budgeted _X_Non-Budgeted
Estimated Cost: Undetermined
Amount Budgeted: N/A
Additional Requested:
Annual Cost (if planned for future years):
FISCAL IMPACT (Narrative): See above
STAFFING IMPACT (if applicable): N/A
Recommended Action
RECOMMENDED ACTION: Adopt a resolution authorizing the Special Districts Administra...
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