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6.3.C. - Page 3 <br />the Redwood City Ferry Project, the City will pursue additional Measure A Funds to fund <br />the business plan. At that point, Redwood City would work with the Water Emergency <br />Transportation Authority (WETA) to outline how the partnership would achieve cost- <br />effective ferry service. <br />ALTERNATIVES <br />Council may choose to decline the grant funds and finance the project with other funds. <br />FISCAL IMPACT <br />In June 2018, City Council appropriated $60,000 towards the Ferry Project. These <br />funds would be in addition to the $450,000 Measure A grant. The funds will be used for <br />the first phase of the project: a Financial Feasibility Study and Cost -Benefit Analysis. <br />The project budget will be amended to reflect the addition of grant amount which will <br />total $510,000 for the Study and Analysis. <br />ENVIRONMENTAL REVIEW <br />As acceptance of the funding would result in a study, this is not a project under CEQA <br />as defined in CEQA Guidelines, Section 15378. <br />STAFF ORIGINATOR <br />AARON AKNIN <br />ASSISTANT CITY MANAGER AND COMMUNITY DEVELOPMENT DIRECTOR <br />MELISSA STEVENSON DIAZ <br />CITY MANAGER <br />ATTACHMENTS <br />• DRAFT RESOLUTION <br />• DRAFT FEASIBILITY AGREEMENT <br />• RESOLUTION - SAN MATEO COUNTY TRANSPORTATION AUTHORITY <br />