Agenda

Return

C. 82

To:	Board of Supervisors
From:	David Twa, County Administrator
Date:	March 10, 2015

Contra

Costa

County

Subject:

Reimbursement Resolution for West County Health Clinic Expansion project

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 03/10/2015

APPROVED AS RECOMMENDED

OTHER

Clerks Notes:

VOTE OF SUPERVISORS

AYE:

John Gioia, District I Supervisor
Candace Andersen, District II Supervisor
Mary N. Piepho, District III Supervisor
Karen Mitchoff, District IV Supervisor

ABSENT:

Federal D. Glover, District V Supervisor

Contact:	Lisa Driscoll, County Finance Director 925-335-1023
cc:	Patrick Godley, Chief Financial Officer/Health Services Robert Campbell, Auditor-Controller

I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown.
ATTESTED: March 10, 2015
David Twa,

BY:	, Deputy

RECOMMENDATION(S):

ADOPT Resolution No. 2015/86 allowing the County to reimburse certain expenditures related to the West County Health Clinic Expansion project.

FISCAL IMPACT:

No fiscal impact associated with this action. This is a non- binding action that would allow the County to reimburse itself for costs associated with the subject project if the Board decides to issue bonds to finance the project at a future date.

BACKGROUND:

The County is currently planning capital improvements at the West County Health Clinic including the development of an adjacent parcel. A board action approving the purchase of the parcel by the County is listed on today's agenda. The County's project costs are currently estimated to be $15 million. The Board may wish to consider financing the cost of the project with bonds at a future date. This resolution would fulfill legal requirements to allow the county to reimburse itself with bond proceeds for certain costs incurred prior to a subsequent bond issuance.

CONSEQUENCE OF NEGATIVE ACTION:

Inability to reimburse expenditures that occur prior to bond sale.

CHILDREN'S IMPACT STATEMENT:

No impact.