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Oroville steering committee moves to use draft $200,000 advance for NOFA, votes to split funds 50/50
Summary
The Supplemental Benefits Fund steering committee agreed unanimously to proceed toward a notice of funds available (NOFA) tied to a draft Department of Water Resources (DWR) advance of $200,000 per year and voted to allocate any initial advance split 50%/50% between two funding categories.
The Oroville Supplemental Benefits Fund steering committee voted unanimously to proceed with plans for a notice of funds available tied to a draft Department of Water Resources funding advance and approved a motion to divide any initial advance 50% and 50% between the agenda’s item 3 and item 4 funding categories.
Committee members were responding to a draft agreement provided by DWR that, in the committee’s words, would provide the steering committee about $200,000 per year “until the new FERC license is signed.” Andy (DWR representative) told the committee the amount in the draft is an advance against funds owed under the future license and would be repaid from future license payments once the license is issued. He said…
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