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25-545

Adopt a Resolution: a. Approving a request from the Resource Conservation District of Monterey County (“District”) for a dry period loan (“Dry Period Loan”) of $800,000 for the Fiscal Year ending June 30, 2026, for meeting the District’s obligations incurred for maintenance purposes; and b. Approving and authorizing execution by the County Auditor-Controller of a Temporary Transfer of Funds Agreement with the District, setting forth the terms and conditions of repayment of the dry period loan in the amount of $800,000 for the Fiscal Year ending June 30, 2026; and c. Authorizing the County Auditor-Controller and County Treasurer-Tax Collector to implement the temporary transfer of funds to the District in the amount of $800,000 for the Fiscal Year ending June 30, 2026.

General Agenda Item General Government - Consent Introduced July 22, 2025
Committee
Board of Supervisors
Requested by
Auditor-Controller
Introduced
July 22, 2025
On agenda
August 5, 2025
Passed
August 5, 2025

Where it was heard

Board of Supervisors Aug 5, 2025 adopted Pass