REPORT/RECOMMENDATION TO THE BOARD OF SUPERVISORS
SITTING AS THE GOVERNING BOARD FOR THE FOLLOWING:
SAN BERNARDINO COUNTY
SAN BERNARDINO COUNTY FLOOD CONTROL DISTRICT
AND RECORD OF ACTION
June 25, 2024
FROM
LUTHER SNOKE, Chief Executive Officer, County Administrative Office
NOEL CASTILLO, Chief Flood Control Engineer, Flood Control District
SUBJECT
Title
Elder Creek Channel Improvement Project Loan Agreement and Plans and Specifications
End
RECOMMENDATION(S)
Recommendation
1. Acting as the governing body of San Bernardino County:
a. Approve Loan Agreement with the San Bernardino County Flood Control District for a $6,000,000 loan from San Bernardino County to the San Bernardino County Flood Control District for the Elder Creek Channel Improvement Project in the City of Highland, with loan repayment, including interest at the County Treasurer's Investment Pool rate, by June 30, 2027.
b. Authorize the Auditor-Controller/Treasurer/Tax Collector to record the $6,000,000 loan between the County General Fund (Fund 1000) and the San Bernardino County Flood Control District (Fund 2526), if approved.
2. Acting as the governing body of the San Bernardino County Flood Control District:
a. Approve Loan Agreement with San Bernardino County for a $6,000,000 loan from San Bernardino County to the San Bernardino County Flood Control District for the Elder Creek Channel Improvement Project in the City of Highland, and direct repayment of such loan, with interest at the County Treasurer's Investment Pool rate, by June 30, 2027.
b. Authorize the Auditor-Controller/Treasurer/Tax Collector to post budget adjustments in the Flood Control District 2024-25 budget, as detailed in the Financial Impact section, for the Elder Creek Channel Improvement Project in the City of Highland (Four votes required).
c. Approve the plans and specifications for the Elder Creek Channel Improvement Project in the City of Highland, as signed and sealed by a registered civil engineer.
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