City Council to discuss creation of parking authority and replacement of pipes

SOUTH LAKE TAHOE, Calif. — The City of South Lake Tahoe will discuss the need for a parking authority at its meeting on Tuesday, March 1.

The primary purpose of the parking authority would be to enable the continued existence of the South Tahoe Joint Powers Financing Authority which was created to “assist public agencies, such as the city and its related entities, in financing and refinancing of public capital improvements”. “, says the staff report.

“In the past, the South Tahoe Joint Powers Financing Authority has helped the city issue 2016 rental income repayment bonds, as well as 2012 equity participation certificates, the proceeds of which were used to fund streets and other capital improvements in the city. . It is expected that in the future, assistance from the South Tahoe Joint Powers Financing Authority will again be needed to help the city secure construction financing for new projects, including the new recreation center continues the staff report.



The South Tahoe Redevelopment Successor Agency is the only other agency besides the city that is part of the funding authority and the Successor agency will soon be disbanded.

There must be at least two groups in the funding authority, hence the creation of the parking authority.



In addition to fulfilling this role, the parking authority will also be authorized to own, maintain, acquire and finance public parking lots.

During the meeting, council will also hear the results and recommendations of the assessment of the underground storm water pipes.

According to the assessment, the city has 91 high-risk pipes and faces a total of $2.64 million for pipe replacement over the next five years.

“There are 46 pipe segments that are currently defective and need to be replaced immediately. Another 45 pipe segments still have some life, but should be replaced within the next two to three years,” the assessment states.

The priority for 2023 will be to replace the already failing pipes, the majority of which are in Tahoe Keys, although there are also failing pipes in Bijou and the Tourist Core. Failing Tahoe Keys driving accounts for only 18% of Tahoe Keys driving.

There are no recommendations for 2024, but the targeted area for 2025 replacement is Highland Woods. Then, in 2026, the plan returns to the Tahoe Keys.

As part of unfinished business, the council will appoint the Building and Housing Appeal Board and hear an update on the Small Business Sustainability Loan Scheme.

The city has 53 outstanding loans totaling $382,500. A $5,000 loan to Burger Lounge was sent to collections due to a violation of COVID-19 requirements, making the loan ineligible for loan forgiveness.

Repayment of the loan will begin on June 1, 2022.

Finally, the board will hear from the South Lake Tahoe Fire Rescue – 2021 Annual Report which highlights their response to COVID as well as the Tamarack and Caldor fires, in addition to regular business.

The meeting will begin at 9 a.m. and can be viewed in person at 1901 Lisa Maloff Way or remotely on Channel 21, the City’s website at http://www.cityofslt.usthe City’s Facebook page at http://www.facebook.com/CityofSLT/ and via ZOOM on https://us06web.zoom.us/j/83426906865.