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6.E. - Page 2 of 4 development to over 1 million square feet. The timing of the final installment payment is not known, though the next phase of the Stanford in Redwood City project ('Block C') is under preliminary Planning Division review. Staff also sought additional financial resources to leverage the funding provided by Stanford. The City was awarded a $250,000 grant from the Safe Route to School (SRTS) and Green Streets Infrastructure Pilot (GI) Program from City/County Association of Governments of San Mateo County (C/CAG). The grant promotes the combination of school -area safety measures with green infrastructure. The grant funds additional improvements and assists the City in meeting its green infrastructure requirements set by the State. San Mateo County also agreed to contribute $20,000 toward the cost of regrading the crosswalk across Bay Road at 10th Avenue to comply with Americans with Disabilities Act (ADA) requirements. In addition, the property owner/management group of 3700 Florence Avenue ("Marsh Manor") agreed to contribute $14,415 to cover the construction cost for a curb ramp relocation and narrowing of a driveway approach to allow for enhancements to the pedestrian crosswalk at Florence and 17th Avenue. City staff worked with the design consultant firm, CSG Consultants, Inc., to determine which of the projects identified during the community -led planning process could realistically be designed and built with the current funding. Their assessment took into account the community -stated priorities and the cost of the improvements. The improvements in this project increase the safety of people walking and biking on the street and improve livability. The traffic calming measures address safety and livability concerns such as excessive speeding and failure of drivers to yield to pedestrians. The project also includes green infrastructure improvements to treat stormwater runoff and to improve water quality. ANALYSIS On June 10, 2019, the City Council awarded the Neighborhood Street Enhancement Project to Grade Tech, Inc. for a base bid of $1,233,443.00. Construction began in August 2019 and concluded in June 2020. The contractor has completed the construction of the improvements in accordance with the agreement, plans and specifications, and to the satisfaction of the City's Engineering & Transportation Division. Five contract change orders, resulting in a cost increase of $47,839.02, were issued for quantity adjustments and changes to the project scope. The final contract amount is $1,281,282.02, which is 3.9% more than the initial contract amount. FISCAL IMPACT Funding for this project was included in the Fiscal Year 2019-2020 budget under the Stanford - Neighborhood Street Enhancement Project Fund. The SRTS and GI grant was also included in the Fiscal Year 2019-2020 revenue budget for the same fund. Page 2 of 3 City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.ore