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AgdaPkt 2016-03-28 Joint SA and PFA
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AgdaPkt 2016-03-28 Joint SA and PFA
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Last modified
3/24/2016 5:38:54 PM
Creation date
3/24/2016 5:37:29 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
3/28/2016
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<br />The CIP is funded in large part from the Utilities Users Tax fund. Other funding sources <br />include the Water and Sewer Enterprise funds, Park-In-Lieu fund, Parking fund, Gas <br />Tax, Grants and special assessment districts. A comprehensive listing of projects and <br />associated budget requests for FY 2016-17 can be found within the attachment. <br /> <br />In Fall 2016, staff will bring a proposed five-year Capital Improvement Program to the <br />City Council to provide a longer-term perspective on capital investments, as many <br />projects span multiple years. <br /> <br />ALTERNATIVES <br />Council may provide input on proposed projects and request that staff modify the project <br />list to respond to City Council priorities. <br /> <br />FISCAL IMPACT <br />The total proposed CIP budget for FY 2016-17 is $32,339,226. The budget is based on <br />estimated revenues which are sufficient to fund the proposed projects. <br /> <br /> ENVIRONMENTAL REVIEW <br />Review of the proposed FY 2016-17 CIP budget is not a project pursuant to the <br />California Environmental Quality Act (CEQA). <br /> <br />TERENCE KYAW <br />ASSISTANT PUBLIC W ORKS DIRECTOR <br /> <br /> <br />RAMANA CHINNAKOTLA <br />PUBLIC W ORKS DIRECTOR <br /> <br />MELISSA STEVENSON DIAZ <br />CITY MANAGER <br /> <br />ATTACHMENTS <br />Redwood City FY 16-17 Proposed CIP Budget (Draft) <br />9.A - Page 2
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