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S.A. - Page 1 of 21 <br />/<�ik <br />Redwood <br />CitylCallifornia <br />Faunded 1867 <br />A,&/ <br />DATE: April 6, 2020 <br />SUBJECT <br />STAFF REPORT <br />To the Honorable Mayor and City Council <br />From the City Manager <br />Preliminary assessment of financial impacts associated with COVID-19 on City of Redwood City operating <br />and capital budgets, revised approach for developing Fiscal Year 2020-21 Operating Budget, update on <br />actions to support redwood city residents and businesses impacted by COVID-19 and consideration of <br />multiple actions including $393,000 appropriation to the Emergency Rental Assistance Fund and $300,000 <br />appropriation to the San Mateo County Strong Fund to support small business relief efforts <br />RECOMMENDATION <br />1. Receive preliminary assessment of financial impacts associated with COVID-19 on City of Redwood City <br />operating and capital budgets; <br />2. Approve revised approach for Fiscal Year 2020-21 Operating Budget development; <br />3. Receive update on actions to support Redwood City residents and businesses impacted by COVID-19; <br />4. Direct staff to develop a resolution to waive late payment penalties for solid waste, water and sewer <br />utilities for the period of March 2020 through August 2020 for residential and commercial customers; <br />5. Direct staff to advertise the rate assistance program for low-income water and sewer utility customers; <br />6. Direct staff to return to the City Council in September 2020 with an update on the status of late utility <br />payments and rate assistance usage to determine whetherto continue to waive the late payment penalty; <br />7. Direct staff to provide recommendations at a future City Council meeting on use of the $448,000 new <br />allocation of Community Development Block Grant funding, once further federal guidance has been <br />received; <br />8. Direct staff to develop a resolution to appropriate $393,000 to the Emergency Rental Assistance Fund; <br />9. Direct staff to develop a resolution to appropriate $300,000 to San Mateo County Strong to support <br />Redwood City small business relief efforts; <br />10. Direct staff to provide an update to the City Council in October 2020 regarding the local minimum <br />wage to be effective in January 2021 so that the City Council might consider postponing the increase to <br />help relieve Redwood City businesses; and <br />11. Direct staff to continue to develop short-term, low-cost adjustments to parking and right of way usage <br />to support restaurant transition to take-out and delivery services while the Shelter in Place order is in <br />effect. <br />Page 1 of 21 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.ore <br />FA <br />