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HomeMy WebLinkAbout11 Consideration of Res 2017-03 Storm Event Cost ACTION ITEM #11Cost and Recovery Mechanisms 03 for Storm Event -Resolution 2017Consideration of Adopting Cost and Recovery Mechanisms 03 for Storm Event -Resolution 2017Consideration of Adopting March 1, 2017 Consideration of Resolution 2017 Insurance for damaged equipment•State and/or Federal recovery funding•severe storms that have hit the Districtextraordinary expenses incurred in January 2017 as a result of the The District is exploring recovery opportunities for the •BACKGROUND / HISTORY and Recovery Mechanisms03 for Storm Event Cost -Consideration of Resolution 2017and Recovery Mechanisms03 for Storm Event Cost - NEW INFORMATION For January 2017 the costs have accumulated to $798,866 •Cost and Recovery Mechanisms03 for Storm Event -Consideration of Resolution 2017Cost and Recovery Mechanisms03 for Storm Event -Consideration of Resolution 2017 NEW INFORMATION vailable to DateAFebruary 2017 Expenses •Cost and Recovery Mechanisms03 for Storm Event -Consideration of Resolution 2017Cost and Recovery Mechanisms03 for Storm Event -Consideration of Resolution 2017 NEW INFORMATION the Nevada County OES agent on 2/27/2017List of projects which was submitted to –Submit form Cal EMA 95 •for the Office of Emergency Services (tonight)state agency the District must officially designate an agent -As a non•OES requires the following to begin the process•recover 75% of eligible costsIf the District’s expenses are approved the District may be able to •recovery of expensesOES confirmed that there may be funding available to the District for •Staff has been in contact with the County of Nevada, Office of •Cost and Recovery Mechanisms03 for Storm Event -Consideration of Resolution 2017Cost and Recovery Mechanisms03 for Storm Event -Consideration of Resolution 2017 FISCAL IMPACT incurredElectric and Water Utility General Funds for eligible expenses If recovery funds are available the funds would partially replenish the •Cost and Recovery Mechanisms03 for Storm Event -Consideration of Resolution 2017Cost and Recovery Mechanisms03 for Storm Event -Consideration of Resolution 2017 RECOMMENDATION Manager, as the District’s agent for the Office of Emergency Services03 officially designating the General -Approve Resolution 2017•emergency relief fundingReceive this report and direct staff to pursue any available •Cost and Recovery Mechanisms03 for Storm Event -Consideration of Resolution 2017Cost and Recovery Mechanisms03 for Storm Event -Consideration of Resolution 2017