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<br />Council Members asked various questions related to capital improvements <br />necessary for building the terminal and parking, and whether the funding <br />mechanism contemplates making the port whole for the use of the land that <br />otherwise could be used for other revenue generating purposes. If a Redwood City <br />full ferry implementation occurs, does it present a sequencing issue. Dredging <br />costs and funding questions were asked relative to present day value to build at <br />$13-13.5 million. <br /> <br />MIS Hartnett/Howard to extend the meeting until 11 :45 p.m. The motion passed by a <br />unanimous voice vote. <br /> <br />Council Members requested a better understanding of the ridership projections and <br />how they were determined, and the rationale for why people would drive out to the <br />end of Seaport. <br /> <br />Mayor Pierce gave a background and summary stating that an agreement between <br />South San Francisco and Redwood City for acquiring Measure A funding was <br />necessary prior to any disbursement of the funds. She stated proposed language <br />includes that a pledge from South San Francisco would be to not divide the money <br />in half but if any funds were forwarded to them beyond an equal divide, they would <br />pledge to work with us to make sure Redwood City can do what is necessary to <br />bring the ferry to our city. <br /> <br />Council suggestion for agreement language included that the principle be that the <br />funding be split 50-50 and if South San Francisco needs more money we pledge to <br />help them find the additional money they might need and they pledge to find <br />additional money we might need or the system may need to fund a terminal in <br />Redwood City. <br /> <br />As Transportation Authority Chair, Vice Mayor Foust stated that Redwood City <br />should not be penalized because of being behind and if there is any allocation <br />above and beyond the $15 million, that there must be a provision that Redwood <br />City is made whole. Meaning that, either South San Francisco, the WT A, or state <br />funds will ensure that the money is available for the Redwood City ferry. <br /> <br />Mayor Pierce stated that she and Council Member Howard would be working to <br />incorporate the specific language and write a letter to South San Francisco Council <br />Member Gonzalez and City Manager Barry Nagel. <br /> <br />8. STAFF REPORTS <br /> <br />A. Request for Proposals (RFP) for Solid Waste, Recyclable Materials, and Organic <br />Materials Collection Services <br /> <br />Director of Finance and Financial Planning Ponty gave an update that included key <br />changes, plans for renovating and expanding the shoreline facility, looking at rate <br /> <br />JOINT CITY COUNCIUREDEVELOPMENT AGENCY BOARD MEETING <br />MINUTES <br /> <br />SEPTEMBER 10. 2007 <br />PAGE 10 <br />