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HomeMy WebLinkAbout13-143Resolution 2 Resolution No. 13-143 RESOLUTION EVIDENCING AUTHORIZATION OF FUNDING SOURCES AND AMOUNTS FOR THE JAIL PROGRAM AND CAPACITY EXPANSION PROJECT WHEREAS, the County of Butte (County) desires to authorize the Sheriff to submit an application under the SB 1022 Construction of Adult Local Criminal Justice Facilities Financing Program for partial funding of the Jail Program Capacity Expansion Project (Project) in the amount of $40 million; and WHEREAS, the County must provide matching funds totaling $4,445,000 (or 10% of the estimated project total of $44,445,000) for the Project; and WHEREAS, the required matching funds can be any combination of in-kind and cash match; and WHEREAS, the Board of State and Community Corrections (BSCC) requires that the County provide documentation evidencing that the Board of Supervisors has authorized an adequate amount of available funds to fully satisfy the entire amount of the County's cash contribution from a source or sources that are compatible with the state financing and that the authorized funds are available for use solely on the Project; and WHEREAS, the Project budget includes $905,000 in in-kind matching funds including $600,000 for the value of the land owned by the County to be used for the Project and $305,000 for the value of the staff time estimated to be spent on the Project; and WHEREAS, the remaining required match is $3,540,000; and WHEREAS, in order to provide the sufficient quantity of cash match to meet the total required match, it is necessary to use a combination of Impact Fees, Inmate Welfare Funds, and Criminal Justice Facilities Construction Funds as detailed below; and WHEREAS, in order to provide the sufficient quantity of impact fees for the cash match in addition to using the funds available in the Jail Impact Fee account and in the now inactive Sheriff Impact Fee account it is necessary to loan up to $1,370,000 in impact fees from other accounts to the Jail Impact Fee account, with such borrowing to be paid back from future revenues in the Jail Impact Fee account; and WHEREAS, both the Fire Facilities Impact Fee account and the Fire Vehicles and Equipment account have adequate funds that are not slated for use in the near future; and WHEREAS, both the Sheriff Facilities Impact Fee account and the Sheriff Vehicles and Equipment account have adequate funds that are not slated for use in the near future; NOW, THEREFORE, BE IT RESOLVED, that the Board of Supervisors authorizes loans in an amount totaling up to $750,000 from the Fire Impact Fee accounts and in amount totaling up to $620,000 from the Sheriff Impact Fee accounts to the Jail Impact Fee account; and BE IT FURTHER RESOLVED, that the total principal amount shall not exceed $1,370,000, the rate of the interest paid on the loans will be determined by the County pool rate, all borrowed funds and interest shall be repaid as the funds are available in the Jail Impact Fee Account, and the Fire Impact Fee accounts shall be repaid first; and BE IT FURTHER RESOLVED, that the Board of Supervisors authorizes funds from the sources and in the amounts identified below to be used towards the cash match requirement of the Project: a. Jail Impact Fees in the amount of $1,840,000; b. Sheriff Impact Fees from an inactive impact fee account in the amount of $840,000; c. Inmate Welfare Funds in the amount of $760,000, to be expended in a manner consistent with Penal Code section 4025; and d. Criminal Justice Facilities Construction Funds in the amount of $100,000; and BE IT FURTHER RESOLVED, that the above mentioned funds are available for use solely on the Project. PASSED AND ADOPTED this 8th day of October, 2013, by the following votes: AYES: Supervisors Wahl, Kirk, Lambert, Teeter and Chair Connelly NOES: None ABSENT: None NOT VOTING: None ATTEST: PAUL HAHN, Chief Administrative Officer and Clerk of the BILL CONNELLY, Chair Butte County Board of Supervisors By: r U De