BOARD AGENDA MEMORANDUM
SUBJECT:
Title
Review and Authorize Distribution of Santa Clara Valley Water District's Draft Fiscal Years 2022-26 Capital Improvement Program.
End
RECOMMENDATION:
Recommendation
Review the Draft Fiscal Years 2022-26 Capital Improvement Program and authorize release of the document to all cities in Santa Clara County and the County of Santa Clara for review as to its consistency with their General Plans.
Body
SUMMARY:
Each year a five-year Capital Improvement Program (CIP) is prepared for Board consideration and approval. The CIP describes Santa Valley Water District's (Valley Water) capital investment priorities and provides information on the planned capital projects and Valley Water's intended source(s) of funding. Staff presents the CIP to the Board at the Preliminary and Draft stages for the Board to make decisions and provide direction. The final CIP is approved in conjunction with the annual budget, wherein funding is appropriated to the projects for the following fiscal year.
Draft FY 2021-25 CIP
The Board reviewed the Preliminary Fiscal Years (FY) 2022-26 CIP on January 12, 2021 in conjunction with the preliminary FY 2021-22 groundwater production charges. At that meeting, the Board provided direction regarding key capital investments and other assumptions to include in both the CIP and the groundwater charge projection. For purposes of the CIP, key capital investments include: "Baseline Projects" such as Dam Seismic Retrofits, the Rinconada Water Treatment Plant Reliability Improvement, and the 10-Year Pipeline Rehabilitation Program as identified in the Water Supply Master Plan; the Expedited Purified Water Program to be delivered via a public-private partnership (P3); and the Pacheco Reservoir Expansion Project. The Draft FY 2022-26 CIP is consistent with direction given by the Board on January 12, 2021.
For the purpose of reporting on FY 2020-21 expenditures, the FY 2022-26 CIP includes five projects that are co...
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