File #: 18-0395    Version: 1 Name:
Type: Watersheds Item Status: Agenda Ready
File created: 5/9/2018 In control: Board of Directors
On agenda: 5/23/2018 Final action:
Title: Provide Direction on the Operational Approach for the Safe, Clean Water and Natural Flood Protection Program (Safe, Clean Water) Project B4 Good Neighbor Program: Encampment Cleanup for Fiscal Years 2019 - 2028 (FYs 19-28); and Approve the Transfer of up to 90 Percent of the FY18 Net Rental Income from Properties Purchased Through the Watershed and Stream Stewardship Fund (Fund 12) to Fund the Encampment Cleanup Project in FY 19.
Attachments: 1. Attachment 1: PowerPoint
BOARD AGENDA MEMORANDUM


SUBJECT:
Title
Provide Direction on the Operational Approach for the Safe, Clean Water and Natural Flood Protection Program (Safe, Clean Water) Project B4 Good Neighbor Program: Encampment Cleanup for Fiscal Years 2019 - 2028 (FYs 19-28); and Approve the Transfer of up to 90 Percent of the FY18 Net Rental Income from Properties Purchased Through the Watershed and Stream Stewardship Fund (Fund 12) to Fund the Encampment Cleanup Project in FY 19.


End
RECOMMENDATION:
Recommendation
A. Select one of the following operational approaches for the Encampment Cleanup Project for FYs 19-28, or provide such other direction as the Board deems appropriate:
1. Limit the number of cleanups each year to the Key Performance Indicator (KPI) target of 52;
2. Limit the number of cleanups each fiscal year based upon the funding available by committing 90 percent of the net rental income from properties purchased through Watersheds Fund 12 (Fund 12 rental properties) to pay for this expense; or
3. Aim to meet the community demand for cleanups in FY19 dependent upon available financial resources, and budget for anticipated community demand through Fund 12 for FYs 20-28; and
B. Approve the transfer of up to 90 percent of the FY 18 net rental income from Fund 12 rental properties to fund the Encampment Cleanup Project in FY19.


Body
SUMMARY:
Encampment Cleanup Project Current Financial Status

On April 11, 2017, the Board approved utilizing up to 90 percent of each FY's net rental income from Fund 12 rental properties to fund the B4 Good Neighbor Program: Encampment Cleanup Project (Encampment Cleanup Project) for FY 20 through FY 28. In FY 18, 90 percent of the net rental income from Fund 12 rental properties equates to approximately $750,000; however, each FY the funds available through the net rental income from Fund 12 rental properties may vary depending on whether there are rent increases, tenant defaults in rent payments, or increased costs of m...

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