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File #: 21-0316    Version: 1 Name:
Type: Presentations Status: Agenda Ready
File created: 3/3/2021 In control: Executive Office
On agenda: 3/9/2021 Final action:
Title: Discussion and Possible Action Including Direction to Staff Regarding Strategically Investing One-Time Pacific Gas & Electric (PG&E) Disaster Settlement Funds (Sponsor: Executive Office)
Attachments: 1. PG&E Funding Presentation, 2. 03-05-21 Kendall Correspondence, 3. 03-08-2021 MCA Correspondence, 4. 03-08-21 Niderost Correspondence, 5. 03-08-21 Ogle Correspondence, 6. 03-08-21 Scatena Correspondence, 7. 03-08-21 Stewart Correspondence, 8. 03-08-21 Talso Correspondence, 9. 03-08-21 Vaughn Correspondence, 10. 03-08-21 Yarbrough Correspondence, 11. 03-009-21 Gaska Correspondence, 12. 03-09-21 Delbar Correspondence, 13. 03-09-21 Dickson Correspondence, 14. 03-09-21 Foster Correspondence, 15. 03-09-21 Johnson Correspondence, 16. 03-08-21 Awtrey Correspondence, 17. 03-08-21 Campbell Correspondence, 18. 03-08-21 Carson Correspondence, 19. 03-08-21 Cipriano-Haines Correspondence, 20. 03-08-21 Clark Correspondence, 21. 03-08-21 Fox Correspondence, 22. 03-08-21 Holcomb Correspondence, 23. 03-08-21 Johnson Correspondence, 24. 03-08-21 Kimball Correspondence, 25. 03-08-21 Knox Correspondence, 26. 03-08-21 L Talso Correspondence, 27. 03-08-21 Long Correspondence, 28. 03-08-21 Looney Correspondence , 29. 03-09-21 Heinecken Correspondence, 30. 03-09-21 Lowman Correspondence, 31. 03-09-21 Donaldson Correspondence, 32. 03-09-21 Fisette Correspondence
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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To:  Board of Supervisors

From:  Executive Office

Meeting Date:  March 9, 2021

 

Department Contact:  

Carmel J. Angelo

Phone: 

463-4441

Department Contact:  

Darcie Antle

Phone: 

463-4441

 

Item Type:   Regular Agenda

 

Time Allocated for Item: 60 mins.

 

 

Agenda Title:

title

Discussion and Possible Action Including Direction to Staff Regarding Strategically Investing One-Time Pacific Gas & Electric (PG&E) Disaster Settlement Funds

(Sponsor: Executive Office)

End

 

Recommended Action/Motion:

recommendation

Direct staff regarding strategically investing one-time PG&E disaster settlement funds.

End

 

Previous Board/Board Committee Actions:

None.                     

 

Summary of Request: 

The County of Mendocino, along with eight other counties and cities, accepted a mediator’s proposal of $415 million to resolve the collective cities’ and counties’ North Bay Fires claims.  The claim funds are intended for rebuilding and recovery from the Redwood Complex fire in 2017. Of the $415 million, $22,651,737 was allocated for Mendocino County.

 

County staff have prepared an extensive projects list that includes prevention, recovery, resiliency, and mitigation of past, current, and future disasters. Staff is seeking Board direction to fund existing Disaster Recovery Projects, supplement reserves that have not been funded, and/or review County projects and determine priority projects.

 

Alternative Action/Motion:

No action.                     

 

Supervisorial District:  All

                                          

vote requirement:  Majority

                                          

 

 

Supplemental Information Available Online At: N/A

 

Fiscal Details:

source of funding: PG&E Settlement

budgeted in current f/y: No

current f/y cost: N/A

if no, please describe:

annual recurring cost: N/A

revenue agreement: N/A

 budget clarification: N/A

 Agreement/Resolution/Ordinance Approved by County Counsel: N/A

 

CEO Liaison: Executive Office

 

 

CEO Review: Yes 

 

 

CEO Comments:

 

 

FOR COB USE ONLY

Executed By: Atlas Pearson, Deputy Clerk I

Final Status:Direction Given to Staff

Date: March 11, 2021