HomeMy WebLinkAbout08.b. (Att. 1) AgLantis 2017 Annual Report Page 15 of 90
CoCo San Sustainable Farm
ANNUAL REPORT on PERFORMANCE AGREEMENT
Submitted April 1, 2018
REPORTING PERIOD: January 1, 2017 through December 31, 2017
PROGRAM OVERVIEW
AgLantis and the CoCo San Sustainable Farm have four major foci:
1) Equity
2) Environment
3) Education
4) Economy
1) EQUITY: Public Health and Nutritional Poverty
One of our primary purposes is to grow and sell fresh produce to local schools and the
Contra Costa/Solano Food Bank for a low cost. Urban farming can help create a more
equitable food system, especially when it includes greenhouse growing. Produce can be
grown in food deserts either on an empty lot or in a hydroponic or aquaponics greenhouse.
Local food is more nutritious, as nutrients are lost each day after harvest. Fostering local food
production is critical to resilience in the face of massive predicted food shortages which will
particularly effect poor people. The UN says 1/8 will be starving by 2050. When our
greenhouse is built and equipped, we will demonstrate hydroponic production, which can
produce up to 40 times the yield for approximately 10% of the water.
Land Use Permit: Prior to achieving these long term goals, the Land Use Permit needed to
be approved and all of the Conditions of Approval (COAs) met. We were unable to take
possession of the land because under the lease, Central San was to obtain the Land Use
Permit and this was not finalized and submitted until approximately December, 2015. The
Department of Conservation and Development (DCD) processed the permit quickly with
Zoning Administrator's approval effective January 1, 2016. The approved Land Use Permit
had many unfulfilled pre-requisites (62 Conditions of Approval plus instructions to go to
Contra Costa Fire for approval), only some of which the farm could fulfill, as Central San is
legally the applicant and the land owner. Many of these Conditions of Approval were
completed in 2016.
Contra Costa County Board of Supervisors Retreat in January 2017, then County's Chief,
Annexations & Economic Stimulus Programs Rich Seithel presented the CoCo San
Sustainable Farm and Greenhouse as one of the most important projects for economic
development in the county, especially on the Northern Waterfront.
Contract with Board of Supervisors. In March 2017, AgLantis obtained a $50,000 contract
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from the Contra Costa County Board of Supervisors toward the construction of the
greenhouse. Subsequently, then County's Chief, Annexations & Economic Stimulus Programs
Rich Seithel requested that AgLantis be brought into the discussions and we were allowed for
the first time to attend meetings with DCD and Public Works and other departments. Because
Central San was the applicant, we had previously not been allowed to attend negotiations
with staff such as those with the Airport Land Use Commission staff. On March 24, 2017
AgLantis met with DCD and Public Works staff. This gave us a clearer idea of some of the
incomplete Conditions of Approval that AgLantis could work on and we immediately did so.
Most of these have been completed. However, some have proved to be significant barriers.
C-3: The March 24, 2017 meeting and a subsequent meeting with Public Works brought to
our attention a problem that we did not know existed. Public Works staff told us that Central
San had included their recycled water fill station road in the farm's Land Use Permit and by
doing so had used up all but a few square feet of the impermeable surface the farm was
allowed without tripping C-3 requirements, putting the burden on the farm to mitigate for the
fill station's nearly 10,000 square feet of impermeable surface. We learned that Central San
in paving the fill station driveway was going to pave the first 100 feet up to the farm gate as
described in the Land Use Permit, but Central San would have exceeded the 10,000 square
feet allowed without tripping C-3, and they would have had to mitigate for their fill station, so
instead Central San did not complete the connection to the farm and stopped around 9,977
square feet (or some such) leaving the farm to deal with the consequences of Central San's
construction project and requiring the farm to pave approximately 25 feet of land not rented
by AgLantis and not described as our pavement in the lease or the LUP. Our understanding
from Public Works is that Central San's engineers submitted a proposal that paved that 100
feet to the farm gate as the LUP said they would, but then they tripped C-3 so they withdrew
this proposal, leaving the farm with no impermeable surface left for the farm and therefore
necessarily to deal with the consequences of Central San's fill station. Central San could
easily have dealt with the C-3 mitigation themselves, as they have acres of land for self-
treating and only they have the power to enter into a contract to maintain this self-treating
mitigation with the county.
The farm could have avoided tripping C-3 requirements, had Central San not put their
recycled water fill station into the farm's Land Use Permit, but had applied for their own
separate permit, which is what Public Works said they should have done. This has caused
considerable time, expense and headaches and delays trying to figure out how to mitigate.
Our lease did not state that Central San would put their projects into AgLantis'Land Use
Permit and that we would have the burden, engineering, financial, time, and delays of figuring
out the environmental mitigation (C-3) for Central San's fill project. Furthermore, AgLantis
cannot fulfill this Condition of Approval on its own, because it requires the land owner to enter
into agreements with public works. Because there were not two permits giving each party
10,000 square feet impermeable surface to stay under not to trip C-3 requirements, AgLantis
is left holding the bag for Central San's impermeable surface and the financial costs for
mitigation and for Public Works time processing and costs. This has delayed in our progress.
AgLantis modified the site plan so that AgLantis does not trip C-3 requirements on our own.
These time-consuming modifications were made by volunteer Civil Engineer Mike Milani.
https://miIanieng.egnyte.com/dl/GNeZYBklXz
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Fire: We have encountered another unexpected barrier. It was always discussed that the
farm would use recycled water for fire as no potable water is available on that section of
Imhoff that leads to the farm or any other tenant. After the March 24, 2017 meeting, Dr.
Phinney visited the Fire Department to discuss their requirements, as was noted in the COAs
that Fire Approval was needed. The person at the desk provided helpful information and went
back to talk to the Fire Marshall, who said he had never heard of this farm and that Fire
should have been consulted before the Land Use Permit was issued. We were told a special
permission would be needed to use recycled water for fire. Later conversations took place
with Fire Inspectors by Mike Milani and also with Dr. Phinney. We were both told that same
thing, that special permission would be required. We were told that we needed to put water
tanks on the farm for fire, holding approximately 35,000 to 40,000 gallons of water, which
tanks were not included in the original Land Use Permit and Site Plan which now must be
amended.
(Note: In 2018, the Fire Marshall disallowed the use of recycled water for fire prevention. Dr.
Phinney checked with her Moraga Orinda Fire District and they do use recycled water for fire,
as does Livermore and San Diego and many others. EBMUD does not object to the use of
recycled water in their district, according to an email from Board Member Marguerite Young,
but she noted that their recycled water lines do not provide the volume and pressure typically
needed for fire. She noted that indirect and direct potable reuse will bring recycled water to
fire automatically in the future. Don Berger reported that Central San already uses recycled
water for fire sprinklers in its plant and has purple recycled water hydrants on site. Now, the
farm has the burden of either overcoming this barrier with hundreds of hours of political
lobbying or with considerable expense to bring in potable water and time and expense of
negotiating with fire to meet their auto-refill requirements. This issue has already been
brought to the attention of Assemblywoman Baker, Senator Glazer, Supervisor Mitchoff,
Supervisor Glover, Supervisor Burgis and Congressman Jerry McNerney.)
Title 22: As described in the lease, Central San is applying to modify their existing Title 22
permits to include agriculture and fire. Mike Milani has donated the engineering for the
detailed site and irrigation plan needed for Title 22, coordinating with Central San staff and
consultants.
Current Site Plan: https://miIanieng.egnyte.com/dl/GNeZYBklXz
Irrigation: Once Title 22 approval for the irrigation plan is obtained, AgLantis will apply for
grants from Lowes Foundation and others to help pay for the irrigation equipment. (10,000
linear feet of 1/2" drip irrigation line has already been purchased at a 75% off sale). AgLantis
will look for a supplier of the 1" purple perimeter supply pipe needed to run recycled water to
the entire site. This will be installed in segments and capped off, so that zones of a few acres
will be completed with everything needed to water crops before moving forward to do another
zone. Irrigation is essential because rain has been too unpredictable to even grow a winter
cover crop.
Soil Amendments. NRCS: "Soil health, also referred to as soil quality, is defined as the
continued capacity of soil to function as a vital living ecosystem that sustains plants, animals,
and humans." In order for soils to be healthy, it is vital that soils have living organisms that
release the nutrients needed by plants. Healthy soils support plant roots that secrete
strigolactones, which attract and feed mycorrhizae and bacteria. The microorganisms mine
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water and phosphorus from surrounding soils and barter for the photosynthetically produced
carbohydrates. As the mycorrhizal hypha move through soils, they produce glomalin,
providing soil structure and tilth. These billions of bacteria, fungi and other microbe require
carbon sources as well as living plant roots. Once populations are established, healthy soils
become an ecosystem that provides nutrients for plants, a buffer for heavy rain events and a
filter for pollutants. Soil health is negatively impacted by compaction; high nitrogen fertilizers,
tilling and flooding, all of which kill the microbiota needed for healthy soils. Soil health is
encouraged by compost, mulch, cover-crops and no-till practices.
As stated in our previous business plan, the farm required soil amendments 15 tons per acre
for 10 acres (ideally 250 tons of compost or wood chips or other soil amendment). We had an
opportunity to receive a nearly million dollars in-kind donation of spread mulch from
EcoMulch. This donation was obtained by Bethallyn Black to provide much needed organic
material. We then received a large donation of organic horse manure which we accepted to
put over the mulch to create "lasagna" compost on the site. County Quarry has donated
tractor and time to spread the manure. We have significant compaction problems, because
this is not farmland, but rather a clean fill project. We do not want to destroy the microbial soil
life, so we may plant deep rooted radishes as was suggested by our local NRCS advisor to
break up the compaction. The amendments will eventually work down into the soil, as the
organisms do their work.
Infrastructure: RPZ Fence. Despite the Land Use Permit's Conditions of Approval being
incomplete, we decided that the Land Use Permit process was far enough along that we had
confidence that everything could be worked out. Thus we decided to build the fence around
the Runway Protected Zone, our first infrastructure in mid-2017. More fence has been
donated, but not enough to fence the entire farm. The 2 other sides of the farm will be fenced
as funds are available. The west side of the farm is fenced by county, which needs to be
repaired. The non RPZ part of the south side of the farm is fenced by CalTrans and is in good
repair. Vandals have cut a hole in the RPZ fence, which will be repaired. As Board Member
Nejedly predicted early on, vandalism is likely to be an ongoing problem — one that urban
farms must deal with at a higher rate than rural farms.
Critical Infrastructure Needs: More infrastructure needs to be built which includes more
fencing, a short road, water tanks for fire, PG&E connection, plan, and meter; and irrigation.
We cannot move forward with most of this without: 1) Fire approval; 2) C-3 Plan to mitigate
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Central San's Fill Station being in our Land Use Permit; 3) Public Works approval; 4) County
Zoning Administrator's approval of the revised Site Plan with the water tanks; 5) Title 22
approval.
Short Road: County Quarry has donated recycled asphalt and promised to build the road to
the greenhouse as soon as we have the permits needed.
Greenhouse. We have gained considerable support needed to construct the 144' X 42'
AgraTech Solar Light greenhouse. We have raised another $10,000 from Michael
Cunningham, Chancellor of National University System; and received a $50,000 contract to
erect the greenhouse from the Contra Costa County Board of Supervisors, as well as other
financial support from our local community. We have raised most or all of the money for the
basic greenhouse construction costs.
We have talked to the Building Department about the steps involved in obtaining the permit
and obtained a fee estimate. Next steps include: finishing the Conditions of Approval from the
Land Use Permit; obtaining a Geotech soils report with survey and site map; and bringing all
of these and Engineering Plans to the Building Department for approval and issuance of a
building permit.
2) ENVIRONMENT: Protection and Enhancement
Erosion Control and Healthy Soils. EcoMulch donated approximately 25 acre-feet of mulch
and spread it. This provided erosion control and adds much needed organic matter to the
soil. Mulch also suppresses weeds. Chris Beardon has donated organic aged horse manure
and will continue to do so until he has donated about 12 acre-feet of manure. County Quarry
is spreading the manure over the mulch as a donation. The soil was clean fill, barren of
organic matter and weedy, so this has been a critical step in building healthy soil. Mulch and
manure create a compost "lasagna" which is not only amending the barren soil, but acting like
a huge sponge to stop runoff during heavy rains. Increased soil organic matter greatly
reduces future water needs, while helping plants and microbes to sequester carbon in the
soil.
Urban Agriculture and Environment. One of the most important features of our farm is
promoting moving as much of agriculture as possible into cities. This could allow the use
recycled agricultural grade water, which is readily available. A sustainable food system not
only feeds people, but also reduces greenhouse gas (GHG) emissions associated with the
food system by reducing food miles and sequesters carbon, cleaning urban air.
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The Intergovernmental Panel on Climate Change has stated that over a 20-year period,
agriculture accounts for about 22 percent of global greenhouse gas emissions
(https://www.greenbiz.com/article/how-rehab-our-soil-changing-climate). Our project demonstrates the
environmental benefits of growing produce right in the center of a densely populated urban
environment. The only known way to actually reverse global warming is to sink carbon in
soil. Conventional agricultural practices release carbon that is stored in the soil.
Carbon Sequestration in Soil. AgLantis teaches and demonstrates sustainable methods
that decrease GHG emissions and sequester carbon. We use principles of agroecology and
regenerative agriculture.
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Recycled Water/ No Fossil Fuel Based Fertilizers. Growing near a water reclamation
facility allows the use of recycled water with little electricity used in pumping water. Recycled
water is high in nitrogen and phosphorus, nutrients critical to plant growth. These nutrients
provided in the recycled water eliminate the necessity of using fossil fuel based fertilizers,
which emit nitrous oxide -- a very long-lived GHG. Using the recycled water for agriculture
has the added benefit of keeping these nutrients out of the watershed, where they have a
negative impact potentially fostering algae growth and reducing the watershed's ability to
sequester atmospheric carbon.
Low Electricity Use. Pumping water uses about 10% of the electricity used in the state of
California. Growing food adjacent to a water reclamation facility greatly reduces the GHGs
due to electricity generation for water pumping.
No-till. Tilling releases CO2 into the atmosphere. Tillage also disturbs the habitat of the
micro-organisms that sink carbon into the soil as part of the natural carbon cycle. We
demonstrate no-till methods of building soil organic matter with compost and manure.
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Cover-crops. Instead of killing micro-organisms, we want to feed and protect them by
planting cover crops. Photosynthesis takes atmospheric carbon and transfers it to the micro-
organisms that sequester it into the soil. Although we planted cover crops, we had over a
month of no rain in December and January. Drought killed what we planted. At our Drawdown
Event, we sold some of our cover crop to backyard gardeners. One participant grew it using
Central San's recycled water from its HHW facility. Above are photos of our cover crop seeds
grown in his yard. Once our irrigation system is installed, we can fill in for mother nature with
recycled water.
No-pesticides. We will use no pesticides. Pesticides kill the micro-organisms that sink CO2
into the soil.
Low Water Use Methods. Our farm will also use drip irrigation to demonstrate low water
use methods which not only conserve water and reduces pumping of water.
Transportation. By growing right in the middle of an urban area, we dramatically reducing
the GHGs due transportation miles from farm-to-fork.
3) EDUCATION: Soil Science; Carbon Sequestration; Sustainable Agriculture
Scientists and other experts believe that one of the only known ways to reverse the
anthropogenic GHGs that cause Global Warming is to increase carbon sequestration in soil.
Conventional agriculture increases GHGs, while sustainable agriculture (e.g., agroecology,
permaculture, bio-intensive practices) sink carbon and reduce GHG emissions due to
agriculture. Our educational outreach this year has focused primarily on sustainable practices
for agriculture and gardening, including soil science and carbon sequestration. (See
https://www.scientificamerican.com/article/farming-as-solution-to-climate-change/).
The Marin Carbon Project has demonstrated that the single application of composted green
waste amendments to rangeland increased soil carbon sequestration an average of 1
ton/hectare (-2.5 acres) every year for 3 years. Net ecosystem carbon storage increased by
25-70% without including the compost carbon, while having no effect on nitrous oxide or
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methane emissions. In addition, compost led to increased water-holding capacity in soils.
IMPLICATIONS: Sequestration of one metric ton per hectare on half the rangeland area in
CA would offset 42 million metric tons of CO2e, an amount equivalent to the annual GHG
emissions from commercial and residential sectors. (See
http://www.marincarbonpromect.org/science/land-management-carbon-sequestration and
http://onlinelibrarV.wiley.com/doi/10.1890/12-0620.1/abstract). The State of CA has started
the Healthy Soils Initiative to deploy this research to sink carbon. Our farm uses healthy soils
methods to build our soil organic mass and we educate the public about methods.
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Drawdown Event. Over 100 citizens, elected officials, staff and students attended our
October 14, 2017 "Drawdown" event with Bahman Sheikh, Ph.D. talking on "How Recycled
Water Can Help With The Global Warming Problem." Bethallyn Black, M.A. talked about "How
You Can Reverse Global Warming." Michael R. McGill, P.E. Central San Board Member
spoke about "The Future of Water'; Cindy Gershen talked about the Mt Diablo Unified School
District's Nutrition and Culinary Program. MDUSD students attended the event. Alex
Brendel's talk was on `Biochar. Sequestering Carbon in Soil."A presentation on the CoCo
San Sustainable Farm was given by Carolyn Phinney, Ph.D. Central San was kind to host in
its Multipurpose Room because fires in Northern CA caused air to be too toxic to be outside,
also allowing us to use PowerPoint, which is not possible on the farm.
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University of Wisconsin Cooperative Extension's Leadership Wisconsin Program: 16
students and community leaders came to visit the farm on September 13, 2017 to learn about
urban farming and recycled water and also about non-profit leadership. Central San Board
Member Paul Causey, P.E. and Jean Marc, P.E. attended. Paul Causey gave an overview of
the beneficial uses of recycled water. Robb Kingsbury E.E. also participated.
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We also have an extensive educational reach and social media campaign on Facebook
group https://www.facebook.com/groups/383856271668096/ and (now hacked and vanished)
page https://www.facebook.com/aglantis/; Twitter AgLantis@CoCoOrganicFarm;
https://www.slideshare.net/carolynphinney; and other social media such as Linkedln
https://www.linkedin.com/in/carolVn-r-phinney-ph-d-94779412/ and newsletters through our
website www.Salads4SchooIs.org, reaching thousands of citizens. We use these outlets to
educate the public about sustainable living and practices that they can change to increase
carbon sequestration in their own backyard soils and other environmental issues, including
water issues, Global Warming, soil and water pollution, and much more. Estimated total
outreach is many tens of thousands.
4) ECONOMY: Job Training and Creation
Contra Costa County is an urban area uniquely positioned for urban farming with: an
abundance of local recycled water, otherwise wasted; a perfect Mediterranean climate for
growing; deep agricultural roots/knowledge; existing non-profits working on sustainable food
systems; and an excellent network of local community colleges and universities ready and
waiting to participate. We will be hiring individuals who already have some training in
greenhouse growing, possibly from Diablo Valley College. We will extend their training as
they work in the greenhouse. Training and classes in the fields of the farm will include such
topics as: Safety, Measurement; Plant Science; Soils Science; Water Science; Weather;
Basic Physics; Irrigation Design and Management and more which are relevant to local jobs.
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Our greenhouse provider is located in Pittsburg, CA and is built by one of the five largest
greenhouse companies in the US — AgraTech. These greenhouses are built with USS. Posco
Steel in Pittsburg, CA. We hope to stimulate the closed environment agriculture industry,
particularly to develop along the Northern Waterfront where recycled water could be made
available because it is nearby.
Adding greenhouses near water reclamation facilities can boost local fresh produce
production and create green and other jobs in urban areas, dramatically cutting the carbon
footprint of produce production and distribution. Farmers can add a greenhouse and boost
farm net income of approximately $75,000 per year, saving local family farms and adding
jobs.
We are working closely with the Contra Costa County Department of Conservation and
Development and County Supervisors, the Workforce Development Board, EC2: The
Collaborative, John F. Kennedy University, National University, Contra Costa Community
Colleges and economic leaders in the county and will use the farm and greenhouse to foster
economic development and job training in the County. Our project was featured at the Board
retreat of the Contra Costa County Board of Supervisors (in 2017) as part of the county's
economic development plan for the Northern Waterfront. We will be trying to involve Future
Build of Pittsburg (a job training program) in the construction of our greenhouse this year and
other aspects of the built world. It is widely hoped that our greenhouse project will be
replicated and will provide not only local food, but green jobs training and jobs.
Our project may foster local businesses. The construction of the greenhouse and engineering
designs for the farm alone promotes: AgraTech; USS Posco Steel (Pittsburg); AgCon
Construction (Pittsburg); Milani Engineering, Morris-Schaffer Engineering and more. Then
there will be hydroponics equipment, irrigation, tools, fencing, etc. The economic multiplier of
our urban farm alone is significant. If replicated, it may be a major factor in creating jobs in
Contra Costa County and beyond as closed environment agriculture is likely to be the future
of food and other industries, including medicinal.
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SCALABLE
Water reclamation facilities in San Francisco Bay Area discharge as much as a trillion gallons
of water in a year into the Bay waterways. They also have thousands of acres of buffer land.
Contra Costa County alone has over 5000 acres of buffer land. Our model is scalable and
potentially can be replicated on and near other treatment facilities to increase water recycling.
PROPOSED CAPITAL IMPROVEMENTS FOR FOLLOWING YEAR
Central San obtained the Land Use Permit effective January 6, 2016. Unfortunately, that was
not the end of the bureaucratic impediments to moving forward. The Land Use Permit
included Conditions of Approval which we have been completing. As stated above, some
have provided unexpected barriers.
Capital improvements planned for 2018 include:
1. Install short recycled asphalt road to provide fire access to greenhouse;
2. Install more fencing;
3. Create an Electrical Engineering Plan for PG&E; connect to 3-phase connection point,
meter and install wiring (we may start with temporary construction power only);
4. Install water tanks as required by Contra Costa Fire;
5. Install some water lines and/or irrigation connecting to the Central San recycled water line
with meter;
5. Build some or all of the greenhouse foundation and structure.
NUMBER OF VOLUNTEERS
About 100 people have volunteered in some capacity such as: civil engineering; electrical
and construction consulting; recycled water consulting, organizing, cooking, serving and
otherwise helping with the events; teaching and lecturing; donating materials such as
compost and manure, spreading each of these; planting seed and cactus; weeding; moving
small storage pods donated by Diablo Valley College; and all the tasks and jobs completed
by the AgLantis Board members and those who help them directly and indirectly.
ALUC Term Sheet and BIRD and WILDLIFE MANAGEMENT
The RPZ fence and gate were completed, one of the first requests of the ALUC. Birds were
managed by covering most of the property with thick mulch which prevented birds from
reaching worms and weed seeds on all but the road. Subsequently, only an occasional bird
was seen on the farm, with no food source available or large ponds of water available. A few
very large jack rabbits have been seen on the farm. However, two coyotes were also seen on
the farm and they seem to be keeping down the mammal population. We are rarely at the
farm, as it is not under operation yet, so regular logs are not possible. However, few birds
and other wildlife on the farm are present when we are there to observe. Instead, birds
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frequent the East side of the property controlled by Central San where food and water are
readily available. The cover crops we planted received immediate rain and then never grew
for lack of rain, conformed to the ESA recommendations. All of our activities complied with
the ALUC Term sheet.
ANNUAL FINANCIAL REPORT
2017 Operating Budget: Rent ($1); Insurance ($2,394.14), Seed and Equipment ($880.59),
Conferences and Memberships ($134); Costs related to fulfilling the Conditions of Approval
for the Land Use Permit ($16,136.51); Transportation ($9.25); Office and Administration
($389.94); Events, Drink & Food Costs ($351.29).Fees PayPal, Eventbrite, Facebook
(184.24) _ $20,480.96.
Indirect Contributions: Donations of mulch, compost, spreading, plants, pods, engineering,
transportation costs, legal and financial, teaching time, cooking, serving, weeding, organizing,
etc. include thousands of hours of time donated and estimated over a million dollars of
professional services, materials and gas and equipment. The community has generously
donated to make this urban farm a reality.
Profit (Loss) and Cash Flow: Statement of Financial Income and Expenses
Income:
Direct Public Support: $27,506.21
Interest: .12
TOTAL INCOME: $27,506.33
Expenses:
Business Expenses: $20,480.96
TOTAL EXPENSES: $20,480.96
NET ORDINARY INCOME: $7,025.37
NET INCOME: $7,025.37
Cash Assets at the Beginning of the Year: $14,139.08
Cash Assets at the End of the Year: $21,164.45
Estimated In-Kind Contributions (Excluding Central San's):
Volunteer Hours: 2000 @ $23.56 valuation/hour = $47,120
http://www.pointsoflight.org/tools/volunteercalculator
Professional Engineering Services: $50,000
Materials: Mulch, Organic Manure, Delivery and Spreading: $1,000,000 (retail)
Equipment: $1300
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Event Related In-Kind Donations (Catering: Food and Service): $1000.00
Mileage 4500 miles @.545/mile: $2,452.00
TOTAL ESTIMATED IN-KIND CONTRIBUTIONS: $1,101,872
Balance Sheet: Statement of Financial Position:
AgLantis
Balance Sheet
For Year Beginning
1/1/2017
ASSETS LIABILITIES
Current Assets Current Liabilities
Cash 21164 CPLTD 0
Inventory 0 Trade Payable 0
Account Receivable 50000 Accruals 250
Other Current Assets 0 Taxes Payable 0
Prepaid Expenses/Deposits 0 Other 0
Total Current Assets 71164 Total Current Liabilities 250
Long Term Assets Long Term Liabilities
Land 0 Term Debt LTP 0
Buildings 80000 Other 0
Equipment 10500 Total Long Term Liabilities 0
Other Fixed Assets 0 Total Liabilities 250
Accum Depreciation 10000
OWNERS EQUITY Draws
Total Long Term Assets 80500 Capital 151664
Total Owners Equity 151664
Total Liabilities and Owners
Total Assets 151664 Equity 151414
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AgLantis Annual Report for 2017
2018 Operating Budget
AgLantis
Breakeven
Analysis
For Year Ending
12131/2018
Projected Donations,
Grants &Contracts 70000
Fixed Costs:
Teaching Salary
Expense 0
Rent 1
Payroll taxes 0
Travel &
Enter. 500
Prof. &Acctg 3000
Depreciation 10000
Insurance 5000
Interest 0
Rep & Maint. 3000
Util. & Phone 6000
Office &
Administration 1000
Other Taxes 0
Other Expense/Contractors 100000
Total Fixed Costs 128501
Cost of Goods Sold Percentage 0%
Breakeven 128501
14
May 17, 2018 Regular Board Meeting Agenda Packet- Page 381 of 534