Title
Martins Landing Dam restoration project and the GEFA Loan Program
Body
Action Required:
Guidance
Description:
This issue was previously discussed at the July 7, 2009 Administration and Finance and Recreation and Parks Committee meeting. The GEFA loan program has been explored as well as potential grant opportunities with no success. We are in the process of scheduling a meeting with Safe Dams to discuss the regulatory requirements of Category I dams and administrative orders. Most recently, there has been discussion of potential legislation sponsored by Representative Wendell Willard regarding the GEFA loan program to mitigate the issue that the City cannot lend its credit to a private entity.
Comments:
Added at the request of Councilwoman Wynn