On January 10, 2006, PCWA and the County of Placer entered into a Joint Powers Agreement that called for the formation of the “Middle Fork Project Finance Authority” (MFPFA or MFP Finance Authority or Authority). Link to the County of Placer MFP Finance Authority webpage.
MFP Finance Authority Board Meeting Information
January 16, 2014 10:00 a.m.
|PCWA - American River Room
144 Ferguson Road, Auburn, California
Purpose of the MFP Finance Authority
The purpose of the Authority is to serve the mutual interests of the County and PCWA, exclusively, to provide for the financing of studies, programs, procedures, projects, services, improvements, modifications, and other costs that may be required to obtain a new Federal Energy Regulatory Commission (FERC) license or which may be completed under the current or subsequent FERC license of the Middle Fork Hydroelectric Project by PCWA, to approve Future Electrical Energy Sales, and to distribute revenues from Future Electrical Energy Sales.
Powers of the MFP Finance Authority
The MFP Finance Authority has the power to:
Structure of the MFP Finance Authority
The MFP Finance Authority Board of Directors consists of 4 members: 2 members from the Placer County Board of Supervisors and 2 members for the PCWA Board of Directors.
Board of Directors of MFP Finance Authority
* Current MFP Finance Authority Chair.
Officers of MFP Finance Authority
Currently, the MFP Finance Authority has no staff.