The only topic on the agenda for the 8AM meeting of the Cambria Community Services District is approving $166,000 in matching funds to the Army Corps of Engineers – an amount required to take advantage of the stimulus funding “secured” earlier this year. According Kathe Tanner, the last minute, emergency meeting was needed because of a deadline for making a deposit is next Tuesday. The District has assurances that money already spent by the District on the project would be credited toward the 25% of matching funds expected from most agencies partnering with the Army Corps of Engineers. If our agreement with ACOE was already in place, this $166,000 wouldn’t likely be needed.
The agenda specifically states:
Consider Resolution 43-2009 Authorizing Expenditure of $166,000 of CCSD Reserves Required for Local Matching Funds to Encumber Federal Appropriations for FY 2008/09 Ending September 30, 2009 for Desalination Project Geotechnical Investigation
The meeting is scheduled for the CCSD’s Suite 204, next door to their Knollwood Office, Friday morning.
Download and read the 2005 agreement between the CCSD and Army Corps of Engineers.
Read Kathe Tanner’s article online at SanLuisObispo.com
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