To: Board of Supervisors
From: Supervisors McCowen and Brown
Meeting Date: October 16, 2018
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Department Contact: |
Supervisor Brown |
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463-4221 |
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Department Contact: |
Supervisor McCowen |
Phone: |
463-4221 |
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Item Type: Regular Agenda |
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Time Allocated for Item: 15 Mins |
Agenda Title:
title
Discussion and Possible Action to Authorize Allocation of a Not to Exceed Amount of Twenty-thousand Dollars ($20,000) as Mendocino County’s Proportionate Share of Legal Fees For Inland Water and Power Commission Regarding Investigation and Negotiation for Potential Acquisition of the Potter Valley Project
(Sponsors: Supervisors Brown and McCowen)
End
Recommended Action/Motion:
recommendation
Approve the Allocation of a not to exceed amount of Twenty-thousand Dollars ($20,000) as Mendocino County’s proportionate share of legal fees for the Inland Water and Power Commission regarding investigation and negotiation for potential acquisition of the Potter Valley Project; further, direct that the Chief Executive Officer and Auditor-Controller pay for the services through the Miscellaneous Budget Unit and return the $20,000 to the Miscellaneous Budget Unit from the Fiscal Year 2017-18 Fund Balance during the First Quarter Budget Report
End
Previous Board/Board Committee Actions:
Date: Board appointed Supervisors Brown and McCowen as an ad hoc committee regarding the Potter Valley Project (review to see what the recorded title is)
Summary of Request:
Pacific Gas and Electric Company (PG&E) has announced its intention to sell the Potter Valley Project (PVP) and to request proposals from interested parties beginning in early December, 2018. The Inland Water and Power Commission (IWPC), of which Mendocino County is a member agency, has entered into a non-disclosure agreement with PG&E in order to review confidential information related to the PVP. IWPC has contracted for legal services to assist with data analysis, identification and review of strategies for acquisition, preparation of a formal proposal and negotiation with PG&E. The initial cost to perform the tasks that have been identified is capped at a not to exceed amount of one hundred thousand dollars ($100,000) of which Mendocino County’s proportionate share would be one-fifth, or a not to exceed amount of twenty-thousand dollars ($20,000).
Alternative Action/Motion:
Do not approve.
Supplemental Information Available Online at: n/a
Fiscal Impact:
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Source of Funding: Miscellaneous/BU 1940 |
Budgeted in Current F/Y: No |
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Current F/Y Cost: $20,000 |
Annual Recurring Cost: NA |
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Supervisorial District: All |
Vote Requirement: Majority |
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Agreement/Resolution/Ordinance Approved by County Counsel: Choose an item.
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CEO Liaison: Janelle Rau, Deputy CEO |
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CEO Review: Yes |
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CEO Comments:
FOR COB USE ONLY
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Executed By: Meribeth Dermond |
Final Status:Approved |
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Date: October 17, 2018 |
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