BOARD AGENDA MEMORANDUM
SUBJECT:
Title
Update on California WaterFix; Approve and Execute the Delta Conveyance Finance Authority Joint Powers Agreement; and Adopt a Resolution for Approval of the Delta Conveyance Finance Authority Joint Powers Agreement.
End
RECOMMENDATION:
Recommendation
A. Approve and Execute the Delta Conveyance Finance Authority Joint Powers Agreement;
B. Designate a District Representative and Alternate to serve on the Board of Directors of the Delta Conveyance Finance Authority for the first two years following formation; and
C. Adopt a Resolution for APPROVAL OF THE DELTA CONVEYANCE FINANCE AUTHORITY JOINT POWERS AGREEMENT.
Body
SUMMARY:
1.0 Update on WaterFix
On May 8, 2018, the District Board took several actions related to the California WaterFix (WaterFix), including adopting Resolution 18-23 (Attachment 4), making Responsible Agency findings pursuant to the California Environmental Quality Act (CEQA) and Resolution 18-24 (Attachment 5), authorizing support of, and participation in, the WaterFix. In addition, the Board authorized execution of a Joint Powers Agreement forming the Delta Conveyance Design and Construction Joint Powers Authority (DCA) and designated Director Tony Estremera as the District's representative and Director Barbara Keegan as his alternate on the DCA Board of Directors. The DCA Agreement was executed by the District, Metropolitan Water District of Southern California (MWD) and Zone 7 Water Agency on May 14, 2018 and the first meeting of its Board was held on May 17, 2018. The next meeting of the DCA Board of Directors will be on July 19, 2018.
On May 8, 2018, the District Board also directed staff to continue participating in WaterFix discussions to further develop the best and most responsible agreements and contract amendments to protect the District's investment and to bring those agreements to the Board for consideration prior to execution. Staff has continued those discussions and have engaged ...
Click here for full text