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Resolution No. 19-248
RESOLUTION ALITORIZING A CASH ADVANCE OF UP TO $100,000 TO COUNTY SERVICE AREA 82
WHEREAS, the Board of Supervisors is the governing body for County Service Area 82, Stirling City Sewer (CSA 82);
WHEREAS, the County has received a reimbursement based planning grant for a replacement sewer system in
CSA 82; and
WHEREAS, CSA 82 does not have adequate, cash balances to manage a reimbursement based grant without
assistance from other County funds; and
WHEREAS, Government Code Section 25214.4 authorizes the County Board of Supervisors, by a four-fifths vote,
to loan any available funds of the County to a County Service Areas to pay for any lawfuil expenses of the County Service
Area for a period that does not exceed three years after the end of the fiscal year in which the loan was made.
NOW, THEREFORE, BE IT RESOLVED that the Butte County Board of Supervisors hereby authorizes, a cash advance
of up to $100,000 to CSA 82 for the purposes of cash flow for a reimbursement based planning grant to be repaid no later
than June 30, 2022 with interest at the County treasury rate
BE IT FURTHER RESOLVED that the County Auditor -Controller is directed to report to the Boardi of Supervisor's
quarterly on any outstanding balance.
PASSED AND ADOPTED by the Butte County Board of Supervisors this 10'x' day of September, 2019, by the
following vote:
AYES: Supervisors Connelly, Lucero, Ritter, Teeter, and Chair Lambert
NOES:
ABSENT:
NOT VOTING:
Steve Lambert,(heir
Butte County Board of Supervisors
ATTEST:
Shari McCracken, Chief Administrative Officer
and Clem thgBoqrd: of Supervisors
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