OFFICE OF THE CLERK
OF THE BOARD OF SUPERVISORS

REGULAR AGENDA REQUEST
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MEETING DATE September 5, 2017
Departments: Finance
TIME REQUIRED 15 minutes (5 minute presentation; 10 minute discussion) PERSONS APPEARING BEFORE THE BOARD Janet Dutcher, Gerald Frank
SUBJECT Treasury loan to White Mountain Fire Protection District in anticipation of grant funding
AGENDA DESCRIPTION:

(A brief general description of what the Board will hear, discuss, consider, or act upon)

Subject to satisfaction of specified conditions, make a grant anticipation loan to White Mountain Fire Protection District in the amount of $23,457.89 for the purchase of essential radio equipment.  Repayment of the loan will be made from a CalFire Volunteer Fire Assistance (VFA) Grant in the amount of $11,728.94 and matching funds contributed by the Mono County Fire Chief's Association (MCFCA) in the amount of $11,728.95.

RECOMMENDED ACTION:
Approve, and authorize the Finance Director to sign a Treasury Loan Agreement in the amount of $23,457.89 to White Mountain Fire Protection District upon her receipt of evidence of delegated authority from the District for Dave Doonan, Chief, to sign the loan agreement obligating the District and a copy of the fully executed grant agreement from CalFire.
FISCAL IMPACT:
The fiscal impact would be revenue into the Treasury Pool between $96.77 to $387.66, depending on when the VFA grant and MCFCA match are funded and repayment is received by the Pool.
CONTACT NAME: Janet Dutcher
PHONE/EMAIL: 760-932-5494 / jdutcher@mono.ca.gov
SEND COPIES TO:
MINUTE ORDER REQUESTED:
YES NO
ATTACHMENTS:
Click to download
Staff report
Loan Agreement
White Mountain FPD loan request
CalFire VFA grant award letter
VFA Application for Funding
  History
  Time Who Approval
  8/30/2017 4:10 PM County Administrative Office Yes
  8/24/2017 5:25 PM County Counsel Yes
  8/29/2017 8:36 AM Finance Yes