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Redwood City will receive an estimated $377,000 in per capita funds, in addition to $227,000 <br />In Robertl-Z'berg-Harris allocations, as a result of Proposition 40. Additionally, there will be <br />grant funds available to cities through a variety of grant programs funded by Proposition 40, <br />Including the Wildlife Conservation Board, the Coastal Conservancy, and the San Francisco <br />Bay Area Conservancy, to name a few. Proposition 40 is supported by the League of <br />California Cities and endorsed by a wide variety of business, environmental, government, <br />and public safety organizations. <br /> <br />Alternative <br />1. The City Council could choose not to adopt the attached resolution, and not go on record in <br /> support of Proposition 40. <br /> <br />Fiscal Impact <br />Adoption of this resolution, and subsequent passage of Proposition 40 by the voters, will have a <br />positive financial impact on City revenues estimated at $604,000, in addition to the availability of <br />new grant funds from various related State programs. <br /> <br />Malcolm Smith <br />Public Communications Assistant to the City Manager City Manager <br />Manager <br /> <br />Attachment <br />Text of AB 1602, enrolled as the Clean Water, Clean Air, Safe Neighborhood Parks, and Coastal <br />Protection Bond Act <br /> <br /> <br />