RECOMMENDATION(S):
ADOPT Hillcrest Heights GHAD Resolution No. 2019/01 adopting the GHAD budget for fiscal year 2019/2020 and updating GHAD Manager payment limit under Consulting Services Agreement, as recommended by the GHAD Manager.
FISCAL IMPACT:
The GHAD is funded 100% through assessments levied on properties within the GHAD. Therefore, there is no impact on the County General Fund.
BACKGROUND:
The GHAD Board is requested to adopt budgets for the GHAD operations each fiscal year. The GHAD Board is being requested to adopt the fiscal year budget for 2019/2020 as prepared by the GHAD General Manager, Sands Construction Co. which is attached to Resolution No. 2019/01 as Exhibit A. In addition, the GHAD Board is being requested to approve the GHAD General Manager payment limits under the existing Consulting Services Agreement (approved on October 7, 2014 pursuant to Resolution No. 2014/02) as required by that Agreement. The payment limit for the GHAD Manager for FY 2018/2019 was $48,000. The budget attached to Resolution No. 2019/01 identifies the payment limit for FY 2019/2020 at $50,000.
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