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Resolution — Adoption of Penalties for Noncompliance <br />With Phase 2 Water Conservation Targets <br />August 4, 2015 <br />Page 3 <br />FISCAL IMPACT <br />Revenue collected from the penalty rate will be deposited in the Water Conservation Penalty <br />Account (No. 06017002- 53731) in accordance with State requirements that such monies be <br />segregated in a water stewardship fund and restricted for use only on water conservation related <br />expenses, <br />F d Mousavlohr <br />Executive Director <br />Public Works Agency <br />FMMS <br />APPROVED Fps TO FUNDS AND ACCOUNTS <br />Executive Director <br />Finance & Management Services Agency <br />Exhibits: 1. Black & Veatch Memorandum, ,tune 12, 2015 <br />2. Resolution <br />75E -3 <br />