Cities Index.
A - Resolution to Set Aside a Capital Reserve For Use by EBDA

San Leandro City Council
October 2, 2023

Document
A - Resolution to Set Aside a Capital Reserve For Use by EBDA
Meeting
October 2, 2023
Body
San Leandro City Council
Original file
81 KB
Text extracted from the city's file for reading and search. Open the original on legistar1.granicus.com. That file is the official record.

IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO
RESOLUTION NO. 2023-

RESOLUTION OF THE CITY OF SAN LEANDRO CITY COUNCIL TO APPROVE AND AUTHORIZE THE CITY MANAGER TO SET ASIDE A TOTAL SUM OF $126,923 FROM THE WPCP FUND BALANCE AS A CAPITAL

RESERVE FOR THE EXCLUSIVE USE OF THE EAST BAY DISCHARGERS AUTHORITY RESTRICTED FOR

EMERGENCY REPAIRS
WHEREAS, the East Bay Dischargers Authority (EBDA) is responsible for the safe discharge of effluent from member wastewater treatment plants to the San Francisco Bay; and WHEREAS, the City Council passed Resolution No. 2019-191, which approved the amended Joint Exercise of Powers Agreement with EBDA, extending membership to June 30, 2040; and WHEREAS, EBDA’s Emergency Reserves Policy requires access to funds during an emergency to make immediate repairs to infrastructure.

NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as follows:

That a new account should be created or opened and that the City Manager is authorized to allocate $126,923 from the Water Pollution Control fund balance as an emergency reserve for the exclusive use of EBDA for emergency repairs.

Introduced by _______ and passed and adopted this 2nd day of October 2023, by the following vote:

Members of the Council:

AYES:

NOES:

ABSENT:

ATTEST:

Kelly B. Clancy, City Clerk

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