Title
Chief Administrative Office, Parks Division, recommending the Board approve the Fiscal Year 2015/16 member agency annual contribution to the Sacramento-Placerville Transportation Corridor Joint Powers Authority in the amount of $27,500.
FUNDING: General Fund.
Body
Fiscal Impact/Change to Net County Cost
There is no change to Net County Cost associated with this item. Funding in the amount of $27,500 has been included in Fiscal Year (FY) 2015-16 Parks Division budget.
Background
El Dorado County (County) entered into a Reciprocal Use and Funding Agreement with the Sacramento Placerville Transportation Corridor Joint Powers Authority (SPTC JPA) effective August 31, 1996. The member agencies included in this agreement are the County of Sacramento, the City of Folsom, Regional Transit and El Dorado County. The agreement was signed by the County Board Chair on August 20, 1996.
As part of the agreement, each member agency agreed to allocate responsibility for funding the purchase price and related costs for the acquisition of the rail corridor. Total County contribution for the purchase was $2,770,000.
At the May 11, 2015 SPTC JPA meeting a resolution adopting the FY 2015-2016 Operating Budget was approved thereby setting the member agencies' annual contribution amount for FY 2015-2016 at $27,500.
Funding for the annual contribution was included in the FY 2015-16 Parks Division operating budget.
Reason for Recommendation
El Dorado County is a member of the JPA and is therefore obligated to pay our member contribution.
Action(s) to be taken following Board approval
Chief Administrative Office, Parks Division, will send the claim for the annual contribution amount of $27,500 to the Auditor's office for payment.
Contact
Vickie Sanders, Parks Manager
Concurrences
Chief Administrative Office