BOARD AGENDA MEMORANDUM
SUBJECT:
Title
Transfer of Funds from the Watersheds Stream Stewardship Fund to the Safe, Clean Water and Natural Flood Protection Program Fund to Support the Upper Penitencia Creek Flood Protection Project Contributed Funds Agreement with the United States Army Corps of Engineers.
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RECOMMENDATION:
Recommendation
A. Approve a fund transfer in the amount of $2 million from multiple Watersheds Stream Stewardship Fund (Fund 12) Operations Projects Unspent FY20 Budgets to the Safe, Clean Water and Natural Flood Protection Program Fund (Fund 26) to Support the Upper Penitencia Creek Flood Protection Project Contributed Funds Agreement with the United States Army Corps of Engineers; and
B. Approve budget adjustment adding $2 million to the Upper Penitencia Creek Flood Protection Project Fiscal Year 2020 budget.
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SUMMARY:
Project Overview
The Upper Penitencia Creek Flood Protection Project, Project E4, is included in the Safe, Clean Water and Natural Flood Protection Program (Safe, Clean Water Program). The objective of this Project is to plan, design and construct improvements along 4.2 miles of Upper Penitencia Creek from the confluence with Coyote Creek to Dorel Drive. Part of the Project will protect the area around the Bay Area Rapid Transit's Berryessa station near King Road, which would otherwise be subject to flooding.
This Safe, Clean Water Project has two Key Performance Indicators:
1. Preferred Project with federal and local funding: construct a flood protection project to provide 1% flood protection to 5,000 homes, businesses and public buildings
2. With local funding only: Acquire all necessary rights-of-way and construct a 1% flood protection project from Coyote Creek confluence to King Road.
The Project began in partnership with the U.S. Army Corps of Engineers (USACE) on February 17, 1998, when Santa Clara Valley Water District (Valley Water) and the USACE entered into a Feasibility Cost Sharing Agreement t...
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