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Gap in levee-fix funding: Yuba County weighs pledging $23 million for work.

The Sacramento Bee (Sacramento, CA)

| October 02, 2007 | COPYRIGHT 2007 The Sacramento Bee. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Mary Lynne Vellinga

Oct. 2--Faced with falling home sales, builders in the flood-prone Plumas Lake development have capped the amount of fees they're willing to advance Yuba County to strengthen levees protecting thousands of new residents.

Yuba County supervisors today will decide whether to fill the gap in flood protection funding by issuing $23.3 million in debt backed by the county's general fund.

It would be the largest general fund debt obligation ever assumed by the largely rural county, according to a staff report. Annual debt service would top $2 million.

If the supervisors don't vote yes, they risk losing a commitment of $138.5 million from the state Proposition 1E Bond to build a new "setback" levee along a stretch of the…

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