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6.G. - Page 4 of 238 • Moccasin Dam and Reservoir Flood Response Short Term and Long Term Projects: classification of this work, which is planned in response to the March 22, 2018 flood, will change from Water to Joint. 5. Wholesale Capital Fund (2009 WSA, Section 6.08 E and Attachment M-3): Under the 2009 WSA, funds for capital projects are appropriated and placed into the Wholesale Capital Fund upon appropriation. The balance of the Fund is reviewed at 5 -year intervals beginning in FY 2014-15, and any excess balance (unexpended, unencumbered amount in excess of 10% of appropriation) is transferred to the balancing account. In implementing the reconciliation of the Wholesale Capital Fund, SFPUC discovered that the reconciliation timing did not conform to the SFPUC's budget requirements, appropriation process, and project spending needs. For instance, if funding is appropriated for a project in year four of the 5 -year review period, it may result in return of funds after only 1 year even though the project may take several years to complete. This amendment provides for an annual reconciliation of costs to ensure that SFPUC has the necessary resources for capital improvements, without holding an excessive amount of Wholesale Customer funds. 6. WSIP Completion Date (2009 WSA Sections 3.09 and 4.07): The WSA contained an outdated WSIP completion date. This amendment updates the WSIP completion date to December 30, 2021, as adopted by the SFPUC's Commission in March of 2018. One of the remaining final projects in the WSIP is the Alameda Creek Recapture Project which is currently undergoing environmental review, and will likely not be completed prior to the revised WSIP Completion date of December 30, 2021. In addition, the State Legislature (AB 1823, Papan) extended BAWSCA oversight authority of WSIP through January 1, 2022. BAWSCA anticipates the SFPUC will need to extend the WSIP completion date in the future prior to its completion, and BAWSCA will ask the Legislature to extend the oversight to accommodate individual projects schedules with reasonable delays, such as the Alameda Creek Recapture Project. 7. Regional Groundwater Storage and Recover Prosect (RGSRP) (2009 WSA Section 3.17): This amendment updates the RGSRP contract provisions to better reflect how the RGSRP will be operated and to outline the cost -allocation responsibilities shared by the RGWRP's partner agencies. In addition to the substantive amendments set forth above, the attached amended and restated Water Supply Agreement includes a number of non -substantive updates and "clean-up" revisions, as set out below: 1. Updated Attachment A, reflecting new and revised definitions. 2. Updated Attachment C, reflecting recent Individual Supply Guarantee transfers. 3. Updated Attachment K, reflecting the updated Wholesale Customers' share of Net Book Value of Existing Assets and share of Revenue -Funded Capital Expenditures; City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org 335