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Community Development Agency, Administration and Finance Division, recommending the Board approve and authorize the Chair to sign a Budget Transfer which:
1) Establishes an operating budget for Fiscal Year 2016/17 for the Rare Plant Preserve Endowment Fund to accommodate projected expenditures, and
2) Transfers appropriations in the County Service Area 10 Liquid Waste Fund between accounts to accommodate the purchase of replacement equipment to properly maintain the Union Mine Landfill & Liquid Waste Treatment Facility
(4/5 vote required)
FUNDING: Rare Plant Mitigation Fees, Interest, and County Service Area 10 Benefit Assessment Fees.
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DEPARTMENT RECOMMENDATION
Community Development Agency (CDA), Administration and Finance Division, recommending the Board approve and authorize the Chair to sign a Budget Transfer which:
1) Establishes an operating budget for Fiscal Year (FY) 2016/17 for the Rare Plant Preserve Endowment Fund to accommodate projected expenditures, and
2) Transfers appropriations in the County Service Area (CSA) 10 Liquid Waste Fund between accounts to accommodate the purchase of replacement equipment to properly maintain the Union Mine Landfill & Liquid Waste Treatment Facility (Union Mine Facility).
DISCUSSION / BACKGROUND
Development Services - Rare Plant Preserve Endowment Fund
The Rare Plant Preserve Endowment Fund (Endowment Fund) was established to fund the operation and maintenance of rare plant preserve lands acquired with Rare Plant Mitigation Fees. Funding for the Endowment Fund is from a predetermined percentage of the Rare Plant Mitigation Fees collected pursuant to Ordinance 4500 and Resolution 205-98. Fee revenues and interest earnings are anticipated to be approximately $65,000 for FY 2016/17 which is sufficient to fund the proposed activities.
On July 21, 2015 (Item 20), the Board approved a Cooperative Agreement with the U.S. Bureau of Land Management (BLM) to provide funding for a Preserve Manager for t...
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