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Hidden Valley Lake CSD approves PG&E MIP grant agreement and authorizes related financing steps
Summary
The board voted to execute a MIP grant agreement with PG&E, authorize the General Manager to sign RCRC loan proposal documents, and allow a Trane letter to proceed; staff explained reporting and Cal OES reimbursement relationships but no dollar figure for the grant was stated.
The Hidden Valley Lake Community Services District Board of Directors on May 20 approved entering into a MIP Grant Agreement with Pacific Gas & Electric Co. after staff outlined the agreement’s key terms, reporting requirements and financing links to Cal OES reimbursements. Directors asked about timelines, responsibilities for reporting, and potential fiscal risks associated with the project financing.
Following discussion, Director Gary Graves moved and Director Sean Millerick seconded a motion to approve execution of the MIP Grant Agreement with PG&E, to authorize General Manager Paul Kelley to execute documents tied to the RCRC Grant Loan Proposal, and to execute the Trane Letter to Proceed. The motion passed by roll call vote, 4–0, with Director Matthew Metcalf absent.
Board members emphasized the need to track reimbursements and ensure timely reporting under grant terms. The board’s action authorizes staff to finalize grant paperwork and move forward with the vendor engagement steps described by staff. No grant award amount was specified in the minutes and fiscal details were discussed at a programmatic level.
