Board accepts First Interim report and approves impound resolution, developer-fee report, and facility projects
The board accepted the 2025–26 First Interim Financial Report, approved Resolution No. 2025-11 to impound $291,831.14 pending dispute resolution, adopted the FY2024–25 developer fees annual accounting (Resolution 2025-12), approved a Redwood ELOP outdoor pavilion contract (not to exceed $273,355.62), and authorized Sequoia change orders with a net addition of $13,135.53.
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Chief Business Official Martin Rodriguez presented financial and capital items that the board approved on Dec. 15. The First Interim Financial Report was accepted with the board certifying the district can meet its financial obligations for the current and two subsequent fiscal years. The board also approved Resolution No. 2025-11 directing the County Auditor to impound local tax revenues in the amount of $291,831.14 pending dispute resolution under Education Code Section 14240.
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