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6.H. - Page 1 of 8 <br />/<�ik <br />Redwood <br />CitylCallifornia <br />Faunded 1867 <br />A,&/ <br />DATE: February 25, 2019 <br />SUBJECT <br />STAFF REPORT <br />To the Honorable Mayor and City Council <br />From the City Manager <br />Adoption of Redwood City Municipal Code amendment regarding disposition of unclaimed property <br />RECOMMENDATION <br />Waive the Second Reading and Adopt an Ordinance amending Article VI of Chapter 2 of the Redwood City <br />Municipal Code regarding disposition of unclaimed property. <br />STRATEGIC INITIATIVE <br />Public Safety <br />BACKGROUND <br />On March 26, 2018, the City Council introduced an ordinance amending Redwood City Municipal Code, <br />Chapter 2, Article VI. <br />ANALYSIS <br />On March 26, 2018, the City Council waived the first reading and introduced an amendment to Redwood <br />City Municipal Code, Chapter 2, Article VI, regarding the disposition of unclaimed property. The March <br />26, 2018 staff report is attached to this report and contains additional background and analysis. <br />If adopted, this ordinance will be effective 30 days from this action. <br />FISCAL IMPACT <br />There is no fiscal impact if the ordinance change is approved. <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.ore <br />98 <br />