Agenda

Return

C. 30

To:	Contra Costa County Fire Protection District Board of Directors
From:	Lewis T. Broschard III, Chief, Contra Costa Fire Protection District
Date:	July 27, 2021

Contra

Costa

County

Subject:

Appropriation and Revenue Adjustment - Fire Station Construction Projects

APPROVE	OTHER
RECOMMENDATION OF CNTY ADMINISTRATOR	RECOMMENDATION OF BOARD COMMITTEE

Action of Board On: 07/27/2021

APPROVED AS RECOMMENDED

OTHER

Clerks Notes:

VOTE OF SUPERVISORS

AYE:

John Gioia, District I Supervisor
Candace Andersen, District II Supervisor
Diane Burgis, District III Supervisor
Karen Mitchoff, District IV Supervisor
Federal D. Glover, District V Supervisor

Contact:

Jackie Lorrekovich, Chief Admin Services (925) 941-3300

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: July 27, 2021
Monica Nino, County Administrator

BY:	, Deputy

RECOMMENDATION(S):

APPROVE FY 2020/21 Appropriation and Revenue Adjustment No. 005059 authorizing new revenue in the amount of $1,146,111 from Contra Costa County 2021 Lease Revenue Bonds and appropriating it in the CCCFPD Capital Construction Fund (7025) for the Fire Station 9 (Concord) and Fire Station 86 (Bay Point) construction projects.

FISCAL IMPACT:

Authorizes $1,146,111 in new revenue in FY 2020/21 from 2021 lease revenue bonds and appropriates it for capital construction costs.

BACKGROUND:

In 2021 Contra Costa County (County) issued lease revenue bonds that incorporated projects for the County, the Airport, and the Contra Costa County Fire Protection District (District). For the District, bond revenue is approved for new fire station construction projects, specifically Fire Station 9 in Pacheco/Concord and Fire Station 86 in Bay Point. The District received its second disbursement from the 2021 lease revenue bonds. This action authorizes the new revenue and appropriates it to the Fire Station 9 and 86 construction projects.

CONSEQUENCE OF NEGATIVE ACTION:

The District will not have adequate budget appropriations to cover FY 2020-21 project expenditure.