File #: ID# 322-25    Version: 1 Name:
Type: Resolution Status: Consent Calendar
File created: 6/3/2025 In control: Public Works
On agenda: 6/10/2025 Final action:
Title: 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.
Attachments: 1. G12
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Title

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.