BOARD AGENDA MEMORANDUM
Government Code ? 84308 Applies: Yes ? No ?
(If "YES" Complete Attachment A - Gov. Code ? 84308)
SUBJECT:
Title
Consider the June 9, 2023, Water Storage Exploratory Committee Recommendation to Approve, and Authorize the Chief Executive Officer to Execute, Amendment No. 5 to the Los Vaqueros Reservoir Expansion Project Cost Share Agreement in the Amount of $1,239,000 to Fund Additional Planning and Design Costs.
End
RECOMMENDATION:
Recommendation
A. Consider the June 9, 2023, Water Storage Exploratory Committee recommendation to Approve Amendment No. 5 to the Multi-Party Cost Share Agreement for the Los Vaqueros Reservoir Expansion (Project 91251001; Agreement No. A4239S) in the amount of $1,239,000 to fund additional project planning and design costs through June 2024; and
B. Authorize the Chief Executive Officer to execute Amendment No. 5.
Body
SUMMARY:
Santa Clara Valley Water District (Valley Water) continues to evaluate participating in the Los Vaqueros Reservoir Expansion Project (LVE Project). At the August 23, 2022 Valley Water Board meeting, the Board directed staff to pursue up to 50,000 acre-feet of storage and adequate conveyance to deliver stored water in dry years. The LVE Project has potential to diversify Valley Water's storage and conveyance portfolio to increase flexibility during wet and drought years; Valley Water continues to evaluate the LVE Project benefits through the Water Supply Master Plan process. The LVE Project Joint Powers Authority (JPA) has proposed Amendment No. 5 to the 2019 Multi-Party LVE Cost Share Agreement (MPA) to fund Project activities through June 2024. The cost to Valley Water to continue participating in the project is $1,239,000.
On June 9, 2023, the Water Storage Exploratory Committee (WSEC) unanimously approved staff's recommendation that it request the full Board's consideration and approval of this Amendment No. 5.
JPA Administration
Valley Water is one of eight members that...
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