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AgdaPkt 2017-12-04 Joint SA PFA
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AgdaPkt 2017-12-04 Joint SA PFA
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Last modified
12/19/2017 8:54:28 AM
Creation date
11/30/2017 4:16:55 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
12/4/2017
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SECTION 5.2 <br />CHAPTER 51 IMPLEMENTATION <br />FUNDING AND MAINTENANCE <br />Funding for the implementation actions will come from <br />a number of different sources, including the City, private <br />developers, local businesses, and outside sources. In addition <br />to initial capital costs, it is also important to keep in mind <br />the costs of ongoing operation and maintenance for any <br />aspect of the public realm, such as street cleaning, landscap- <br />ing maintenance, and upkeep of public open space. <br />ABOUT PARTNERSHIP REDWOOD CITY <br />Potential funding sources include: <br />• The City's general fund and other funds identified <br />within the Capital Improvement Program <br />• Development impact fees (parks, transportation, af- <br />fordable housing, public art) <br />• Partnership Redwood City (potential for additional <br />funds towards the neighborhood program, marketing, <br />facade improvements, and other community benefits <br />not covered by development impact fees) <br />• Business Improvement/Assessment District (PBID), if <br />established <br />• Grants (State and other) <br />Partnership Redwood City is a unique program that provides community benefits through a wide range of <br />City partnerships. Through ongoing collaboration with businesses, community groups, residents, property <br />owners, and developers, this program will deliver benefits such as affordable housing, improved schools, <br />parks, transportation systems, programs for the arts, and support for special programs and events. These <br />partnerships ensure that all community members will benefit from new development and investment in Red- <br />wood C ity. <br />For more information about Partnership Redwood City, visit www.redwoodcity.org/business/ co <br />partnership -redwood -city. W <br />v <br />c,Q <br />CD <br />co <br />rn <br />
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