Item C3
LAND AUTHORITY GOVERNING BOARD
AGENDA ITEM SUMMARY
Meeting Date: November 22, 2000
Bulk Item: Yes No X
Department: Land Authority
Agenda Item Wording: Approval of contracts to purchase property with Preservation 2000 funding.
Item Background: The Land Authority has $7.4 million of unencumbered State Preservation 2000
funds available to buy conservation and recreation lands. The Board has directed staff to make the
expenditure of these funds a top priority until January 1, 2001.
Consistent with the Board's direction, staff is currently negotiating for the purchase of a number of
environmentally sensitive properties. In the event these negotiations are successful by the November
22, 2000 Board meeting, staff will present supporting documentation and request the Board's approval
of the purchases.
Advisory Committee Action: To be determined.
Previous Governing Board Action: On October 19,2000 and November 3,2000 the Board adopted
Resolutions 08-2000 and 09-2000 directing staff to make the expenditure of Preservation 2000 funds a
top priority until January 1, 2001.
Staff Recommendation: To be determined.
Total Cost: To be determined
Budgeted: Yes
No
Cost to Land Authority: To be determined
Approved By: Attorney _
OMB/Purchasing
Risk Management
Executive Director Approval:
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Documentation: Included:
To Follow: X
Not Required:
Disposition:
Agenda Item LA #3