Title
Chief Administrative Officer recommending Chairman be authorized to sign Revision to the Reimbursement Agreement for Funding of Legal Services for Preparation of Environmental Impact Reports for PD 07-0034, A07-0018, Z07-0054, S07-0029 and Development of the Diamond Springs Parkway.
RECOMMENDED ACTION: Approve.
FUNDING: Developer Deposit.
Body
BUDGET SUMMARY:
Total Estimated Cost $50,000
Funding
Budgeted $100,000
New Funding $
Savings $
Other $(50,000)
Total Funding Available $ $50,000
Change To Net County Cost $
Fiscal Impact/Change to Net County Cost: Approval of this item would result in a decrease of $50,000 in the initial deposit.
Background:
On November 14, the County’s Development Services Department received an application from Leonard Grado and GGV Missouri Flat, LLC (“applicants”) to develop property in the Missouri Flat corridor south of the U.S. 50/Missouri Flat interchange. The project also includes the relocation of the Materials Recovery Facility (MRF) from its existing location to a new location at the western terminus of Industrial Drive. Also included is the construction of a new roadway, anticipated in the General Plan, connecting Missouri Flat Road and Highway 49.
Reason for Recommendation:
At its November 27 meeting, the Board of Supervisors adopted a reimbursement agreement for funding of legal services and environmental impact reports for the project (Item #41). This agreement provides for a $100,000 deposit upon execution of this agreement as compensation to an outside Law Firm for its legal advice for the preparation of the environmental documents and the Mitigation Monitoring Program. Subsequent to approval, the applicants and County Counsel agreed that the amount of the deposit is higher than is necessary to perform the work. The applicants and county Counsel have agreed to lower the amount of the deposit to $50,000.
Action to be taken followi...
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