To: Board of Supervisors
From: Monica Nino, County Administrator
Report Title: Phillips Ultra Low Sulfur Diesel Fuel Return-to-Source Fund Allocation
☒Recommendation of the County Administrator ☐ Recommendation of Board Committee
RECOMMENDATIONS:
APPROVE the Fiscal Year 2023/2024 Phillips Ultra Low Sulfur Diesel Fuel Return to Source Fund Allocation in the amount of $180,000 for signage and landscape enhancements in Rodeo, Pacheco, and Clyde, as recommended by Supervisor Glover.
FISCAL IMPACT:
100% General Fund
BACKGROUND:
On October 17, 1995, the Board of Supervisors (Board) approved allocating property tax revenues from the Unocal Reformulated Gasoline Projects as a Return-To Source Fund for the purpose of funding projects that would positively impact the economic development in the target communities.
On February 15, 2005, the Board approved replacing the source of funding for this fund from the diminishing proceeds of the Reformulated Gasoline Project, with a portion of the property tax increment revenue resulting from the construction of the ConocoPhillips Ultra Low Sulfur Diesel Fuel Project.
A request is being made in FY 2023/2024 for Return-to-Source funding to meet various signage and landscaping needs in the communities of Rodeo, Clyde, and Pacheco. Work for the community of Clyde would include signage installation and landscape improvements including retaining wall and irrigation system repair, sidewalk repair, and tree planting. Pacheco would receive new signage and landscaping on Parker Avenue as well as irrigation and sidewalk repair and graffiti abatement. The community of Rodeo would receive irrigation repair and landscape improvements (including new trees and shrub planting) as well as removal of old signage.
Costs for this work is estimated to be $130,000 for Clyde, $25,000 for Pacheco, and $25,000 for Rodeo.
CONSEQUENCE OF NEGATIVE ACTION:
The wayfinding projects would be delayed until other funding is identified.