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Board approves amendment clarifying finances and audits for Monterey One Water agreement
Summary
The Board approved Amendment 4 to the 2015 amended and restated water recycling agreement with Monterey One Water clarifying reporting, separate funding accounts for project components, indirect cost allocation and timelines for audits and reconciliations; Monterey One Water approved the amendment June 30.
Monterey County supervisors on July 8 approved Amendment 4 to the county's 2015 amended and restated agreement with Monterey One Water, a recurring partner in regional recycled-water projects.
Staff said the amendment responds to recommendations from an independent financial audit and clarifies financial and administrative procedures for the Castroville Seawater Intrusion Project…
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