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10/12/2020 <br />and to appropriate available and unencumbered Park Impact Fees for Fiscal Year 2020- <br />2021 to accommodate completion of the project. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF REDWOOD CITY AS FOLLOWS: <br />Section 1. The City Manager is authorized to increase the contract amount with <br />Bothman Construction for the Magical Bridge Playground Project by 3.25% of the <br />aggregate amount awarded, for a total amount of $6,995,192. <br />Section 2. The Parks Impact Fee Fund — Magical Bridge Playground expenditure <br />budget shall be increased by $220,000.00 equal to 3.25% of the aggregate awarded <br />contract amount. <br />Section 3. This resolution shall go into effect immediately. <br />ATTY/RESO.0091/CC RESO AUTHORIZING CITY MANAGER TO INCREASE FUNDING TO THE MAGICAL BRIDGE PROJECT <br />RESO. NO. 15890 <br />REV: 09-28-2020 PR MUFF NO. 501 <br />Page 2 of 2 <br />