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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: Mar...

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