ID# 322-25
RESOLUTION ESTABLISHING PLEDGE OF REVENUE FOR FINANCIAL ASSURANCE ON THE GRAVIER PIT, CA MINE ID# 91-18-0028 SUBJECT: Resolution establishing Pledge of Revenue for financial assurance on the Gravier Pit, CA Mine ID# 91-18-0028, in the amount of $111,044.91. FISCAL IMPACT: Pledge of Revenue from the Road Fund/Budget Unit No. 122-1221 for financial assurance for the reclamation plan on the Gravier Pit in the amount of $101,639.10 with an increase of $9,405.87 for a total amount of $111,044.91. ACTION REQUESTED: 1) Adopt resolution establishing Pledge of Revenue for Gravier Pit To Satisfy Requirements of Section 2773.1 Public Resources Code for financial assurance to reclaim open pit mines; and 2) authorize the Chairman to execute.
- Committee
- Public Works
- Introduced
- June 3, 2025
- On agenda
- June 10, 2025
- Passed
- June 10, 2025
- Enacted
- June 10, 2025
- Enactment no.
- 25-013