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6.4.B. - Page 3 <br /> ALTERNATIVES <br /> Council may choose to not adopt the proposed Ordinance, leaving Broadway with no <br /> time limits for parking, as it is today. <br /> FISCAL IMPACT <br /> The cost to install the implementing signs should be less than $10,000 and would be <br /> paid from the Parking District Fund — Street System Maintenance Fund which has a <br /> balance of $343,132.75 as of August 31, 2015. At this time, it is unclear if and how <br /> parking citation revenue would be impacted — but they could increase if parkers <br /> disregard the posted time limits. <br /> ENVIRONMENTAL REVIEW <br /> As the lead agency under CEQA, the City of Redwood City has determined that adding <br /> parking time limits on Broadway is a minor alteration that meets the California <br /> Environmental Quality Act (CEQA) exemption criteria as set forth in Section 15301, <br /> ("Existing Facilities") as it involves minor changes to parking signage on the street. <br /> JESSICA MANZI <br /> SENIOR TRANSPORTATION COORDINATOR <br /> (t515?i <br /> AARON AKNIN <br /> ASSISTANT CITY MANAGER AND COMMUNITY DEVELOPMENT DIRECTOR <br /> f <br /> MELISSA STEVENSON DIAZ <br /> CITY MANAGER <br /> ATTACHMENTS <br /> 1. Proposed Ordinance <br /> 2. October 12, 2015 Staff Report <br />