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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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6.3.A. - Page 8 <br />• Contingency (10% min.) $10 M <br />o Private donations / community benefits <br />o Redwood City capital improvement program <br />Notes: <br />• SB 1, Measure A, and INFRA are all competitive funding programs, no <br />funding is guaranteed. <br />• The infrastructure funding picture at the state level is stronger than at <br />the federal level. <br />• The City's share would be reduced or expanded according to how <br />much funding is generated from other sources. <br />• Cost estimates for both ROW and Construction will be refined as the <br />project design progresses. Property appraisals will be completed in <br />late 2018. <br />• Contingency values are not included in the Measure A Highway <br />Program grant application. <br />' Construction includes capital costs and construction support (construction management and <br />administration and design services during construction). <br />"At this time, it is unknown whether the INFRA program will continue beyond this year. <br />
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