STATE
WATER RESOURCES CONTROL BOARD
BOARD
MEETING SESSION – DIVISION OF CLEAN WATER PROGRAMS
MARCH
15, 2000
APPROVAL OF THE TRANSFER OF
LIABLITY OF WATER QUALITY CONTROL
FUND LOAN FROM THE NORTH MARIN COUNTY WATER DISTRICT TO THE
TOMALES VILLAGE COMMUNITY
SERVICES DISTRICT
The State Water Resources Control
Board on May 15, 1975, by Resolution No. 75-52,
authorized
a loan of up to $189,000 with a 10-year moratorium on repayment of principal
and interest, to the North Marin County Water District (NMCWD) on behalf of the
Tomales Sewer Improvement District for the purpose of construction of
wastewater treatment facilities.
A Water Quality Control Fund loan in
the amount of $189,000 (loan 5-003-500) was executed
on June 30, 1976. Construction of
the facilities was completed on September 10, 1979.
The
first total service payment was due and payable on June 15, the tenth year
following the year of the first disbursement of funds.
All
payments are current and there are twelve remaining payments due under the loan
contract with an outstanding loan balance of $173,329.
In November and December of 1998,
representatives of the Tomales community successfully
petitioned the Marin County Local
Agency Formation Commission and the Marin County Board
of
Supervisors for de-annexation from NMCWD.
The Tomales Village Community Services District (TVCSD) was formed on
November 23, 1998 to provide wastewater treatment service to the Tomales
community. Transfer of assets and
liabilities related to wastewater treatment from
NMCWD
to TVCSD occurred on October 14, 1999.
NMCWD
and TVCSD each adopted a resolution providing for relinquishment of the loan
contract
by
NMCWD and acceptance of all the obligations under the loan contract by TVCSD.
Both agencies have requested that the State Water Resources Control Board
(SWRCB) transfer the Water Quality loan contract from NMCWD to TVCSD. The Tomales community has provided
sufficient funds to NMCWD in each prior year to make the annual payments to the
SWRCB due under the loan contract.
POLICY
ISSUE
Should the SWRCB adopt a resolution approving
the transfer of the loan?
RWQCB
IMPACT
None
FISCAL
IMPACT
None
STAFF
RECOMMENDTION
That the SWRCB adopt a resolution approving
transfer of the loan from NMCWD to TVCSD.
________________________________________
DRAFT February 18, 2000
STATE WATER RESOURCES CONTROL BOARD
RESOLUTION NO. 2000-__
APPROVAL OF THE
TRANSFER OF LIABILITY
OF WATER QUALITY
CONTROL FUND LOAN FROM
NORTH MARIN COUNTY
WATER DISTRICT TO
THE TOMALES
VILLAGE COMMUNITY SERVICES DISTRICT
WHEREAS:
1. The
State Water Resources Control Board on May 15, 1975, by Resolution No. 75-52,
authorized a loan of up to $189,000 with a 10-year moratorium on repayment of
principal and interest, to the Marin County Water District (NMCWD) on behalf of
the Tomales Sewer Improvement District;
2. A
Water Quality Control Fund loan in the amount of $189,00 (loan 5-003-500) was
executed on June 30, 1976;
3. The
first total service payment was due and payable on June 15, the tenth year
following the year of the first disbursement of funds;
4. There are twelve remaining payments due
under the loan contract with outstanding loan balance of $173,329;
5. In
November and December of 1998, representatives of the Tomales community
successfully petitioned the Marin County Local Agency Formation Commission and
the Marin County Board of Supervisors for de-annexation from NMCWD. The Tomales Village Community Services
District (TVCSD) was formed on November 23, 1998 to provide wastewater
treatment service to the Tomales community.
Transfer of assets and liabilities related to wastewater from NMCWD to
TVCSD occurred on October 14, 1999; and
6. NMCWD
and TVCSD each adopted resolutions providing for relinquishment of the loan
contract by NMCWD and acceptance of all the obligations under the loan contract
by TVCSD. Both agencies have requested
that the State Water Resources Control Board transfer the Water Quality loan
contract from NMCWD to TVCSD.
THEREFORE BE IT RESOLVED THAT:
The State Water Resources Control Board approve
the transfer of Water Quality Control Fund loan 5-003-500 from North Marin
County Water District to Tomales Village Community Services District.
CERTIFICATION
The undersigned, Administrative Assistant to the
Board, does hereby certify that the foregoing is a full, true, and correct copy
of a resolution duly and regularly adopted at a meeting of the State Water
Resources Control Board held on March 15, 2000.
Maureen
Marché
Administrative
Assistant to the Board