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Doing so would reduce anticipated City revenues in FY 2016-17 by approximately <br />$133,500. It should be noted that as a member of the SVCW Joint Powers Authority, <br />Redwood City has in interest in SVCW having effective financial and technology support <br />services. <br /> <br />FISCAL IMPACT <br />The continued agreement with SVCW will result in approximately $133,500 in revenue <br />in FY 2016-17, which represents an increase by $2,383 (or 1.82%) over FY 2016-17. <br /> <br />ENVIRONMENTAL REVIEW <br />This activity is not a project under CEQA as defined in CEQA Guidelines, section <br />15378, because it has no potential for resulting in either a direct or foreseeable physical <br />change in the environment. <br /> <br /> <br /> <br />STARLA JEROME-ROBINSON <br />INTERIM FINANCE DIRECTOR <br /> <br /> <br /> <br />MELISSA STEVENSON DIAZ <br />CITY MANAGER <br /> <br />ATTACHMENTS <br />1. Amendment No. 3 <br /> <br />RELATED DOCUMENTS IN CITY CLERK’S OFFICE <br />None <br /> <br />6.1.I. - Page 2