To: Board of Supervisors
From: John Kopchik, Director, Conservation and Development
Report Title: Allocation of $40,000 from the Livable Communities Trust (District II portion) to the Public Works Department to participate in the San Ramon Valley Street Smarts Program
?Recommendation of the County Administrator ? Recommendation of Board Committee
RECOMMENDATIONS:
APPROVE allocation of $40,000 from the Livable Communities Trust (District II portion) to the Public Works Department to participate in the San Ramon Valley Street Smarts Program for the period of July 1, 2023 through June 30, 2025, as recommended by Supervisor Andersen.
FISCAL IMPACT:
No General Fund impact. This action allocates $40,000 from the District II portion of the Livable Communities Trust Fund (Fund). The current balance in the District II portion of the Fund is $1,469,160.52.
BACKGROUND:
The Livable Communities Trust Fund (Fund) is a Special Revenue Mitigation Fund that was established by the Board of Supervisors on November 15, 2005, following the approval of the Camino Tassajara Combined General Plan Amendment Project, also known as the Alamo Creek and Intervening Property residential projects, and was required as a condition of approval. The Fund was established to implement the County's Smart Growth Action Plan. The residential developers pay an $8,000 per unit fee (excluding affordable housing portions of the projects) into the Fund. The Department of Conservation and Development administers the Fund.
On December 3, 2013, the Board of Supervisors determined that revenue from the Fund should be spent equally among supervisorial districts. At complete build-out, deposits to the Fund will total $8,448,000. As of November 14, 2023, the account has collected $8,376,000 in revenues fee and $1,194,667.61 in accrued interest with $4,530,168.97 remaining in uncommitted funds. The approved expenditures to date are attached.
San Ramon Valley Street Smarts Program
The San Ramon Valley Street Sm...
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