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FISCAL IMPACT <br />None. The City’s participation bears with it no cost or financial obligation, but serves as <br />a public acknowledgement of the project to be financed by the jurisdiction. The Bonds <br />will not constitute a debt, liability or obligation of Redwood City. <br /> <br /> <br />ENVIRONMENTAL REVIEW <br />This activity is not a project under CEQA as defined in CEQA guidelines, section 15378, <br />because it has no potential for resulting in either a direct foreseeable physical change in <br />the environment. <br /> <br /> <br /> <br />RHONDA COFFMAN <br />CDBG/HOME ADMINISTRATOR <br /> <br /> <br /> <br />AARON AKNIN <br />ASSISTANT CITY MANAGER / COMMUNITY DEVELOPMENT DIRECTOR <br /> <br /> <br /> <br /> <br />MELISSA STEVENSON DIAZ <br />CITY MANAGER <br /> <br />ATTACHMENTS <br />1. Resolution <br />2. Joint Exercise of Powers Agreement <br />3. Public Notice <br />7.C. - Page 3