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07/13/2020 RESOLUTION NO. 15862 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD CITY (A) ACCEPTING THE ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR FISCAL YEARS 2017-2018 AND 2018-2019 FROM THE REDWOOD CITY IMPROVEMENT ASSOCIATION AND (B) AUTHORIZING THE REDWOOD CITY IMPROVEMENT ASSOCIATION TO IMPLEMENT THE SERVICES IDENTIFIED IN THE MANAGEMENT DISTRICT PLAN WHEREAS, on August 25, 2014 the City Council adopted Ordnance No. 2408 approving the creation of the Downtown Redwood City Community Benefit Improvement District of 2014 District pursuant to the Redwood City Community Benefit Improvement District Procedural Ordinance Redwood City Municipal Code Chapter 31; and WHEREAS, the Management District Plan for the District describe and set forth the sidewalk operations and beautification, District identity and signage, and parking management service and improvements to be provided to properties within the District; and WHEREAS, the City entered into and has renewed its agreement with RCIA to act as the owners association for the District and to administer and implement the District Plan Services specified in the District Plan including but not limited to annually creating a District budget and policies to comply with the District Plan preparing and filling annual reports with the City reflecting compliance with the District Plan and overseeing the day to day administration operations and implementation of the District Plan Services. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF REDWOOD CITY DOES HEREBY RESOLVE AS FOLLOWS: 1. Accepts the annual reports and financial statements for Fiscal Year 2017-2018 and Fiscal Year 2018-2019 provided on this day by the Redwood City Improvement Association and, 2. Authorizes the organization to proceed under the renewed agreement to implement the services identified in the management District Plan. ATTY/RESO.0058/CC RE50 REDWOOD CITY IMPROVEMENT ASSOCIATION RESO. NO. 15862 REV: 07-02-2020 MI MUFF NO. 506 Page 1 of 1