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CITY OF PLEASANTON <br />NOTES TO BASIC FINANCIAL STATEMENTS <br />FOR THE YEAR ENDED JUNE 30, 2022 <br />Note 13: Commitments and Contingencies <br />a.Animal Shelter <br />The County of Alameda owns and operates the East County Animal Shelter. The facility <br />was placed in service during FY 1995/96. The cities of Pleasanton, Dublin and Livermore <br />and the County of Alameda (County) entered into an agreement under which the <br />County constructed the animal shelter on County property. The cities pay their pro rata <br />share of the debt service and operating costs based on their usage of the animal shelter. The <br />City’s share of FY 2021/22 debt service and operating costs for the facility was <br />$225,860. The debt service was fully repaid by the County as of June 30, 2022. <br />b.Lawsuits in the Normal Course of Business <br />The City is presently involved in certain matters of litigation that have arisen in the <br />normal course of conducting City business. City management believes, based upon <br />consultation with the City Attorney, that these cases, in the aggregate, are not expected <br />to result in a material adverse financial impact on the City. Additionally, City <br />management believes that the City’s risk sharing programs are sufficient to cover any <br />potential losses should an unfavorable outcome materialize. <br />c.LAVWMA Bonds <br />The City has recorded an investment in joint venture for its participation in the <br />Livermore-Amador Valley Water Management Agency (LAVWMA). LAVWMA issued <br />$105,345,000 of the 2011 Sewer Revenue Refunding Bonds (2011 Bonds) on <br />September 28, 2011, to refinance the costs of improvements to the wastewater disposal <br />system, including the Export Pipeline Expansion/Rehabilitation Project originally <br />constructed with bonds issued in 2001. The 2011 Bonds are secured by the pledge of the <br />net revenues of the Agency. The City’s contribution to debt service is limited to sewer <br />connection fees collected on behalf of LAVWMA. <br />d.Construction Commitments <br />The City had several outstanding or planned construction projects as of June 30, 2022. <br />These projects are evidenced by contractual commitments with consultants and <br />contractors, and include the following major projects: <br />Amount <br />Annual Street Resurfacing and Preventative Maintenance 3,316,272$ <br />PFAS Treatment & Wells Rehabilitation Project 2,343,394 <br />Library Roof Replacement 2,249,020 <br />Total 7,908,686$ <br />Project Description <br />116