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CC MIN 2020-10-26 Joint SA PFA
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CC MIN 2020-10-26 Joint SA PFA
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Last modified
11/10/2020 11:51:15 AM
Creation date
11/10/2020 11:51:04 AM
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Template:
CC Index
CC Index - Document Type
Minutes
Meeting Type
Joint
Agency Type
City Council, Redevelopment Agency and Public Financing Authority
Date
10/26/2020
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7.B. Amendment No. 3 to the City's Financing Agreement in connection with a <br />Water Infrastructure Finance and Innovation Act loan ("WIFIA Loan") by and <br />between Silicon Valley Clean Water and the United States Environmental <br />Protection Agency ("EPA") (304) Res(0117)15903 <br />Assistant City Manager Michelle Poche Flaherty gave a presentation. <br />Recommendation: <br />Adopt a resolution authorizing the third amendment of a financing agreement <br />with Silicon Valley Clean Water to implement a reduced interest rate on an <br />existing WIFIA loan from the Environmental Protection Agency. <br />CEQA: <br />This is not a project under California Environmental Quality Act (CEQ4) <br />Motion and second, Borgens and Reddy, to adopt a resolution authorizing the <br />third amendment of a financing agreement with Silicon Valley Clean Water to <br />implement a reduced interest rate on an existing WIFIA loan from the <br />Environmental Protection Agency, passes unanimously by roll call vote. <br />8. PUBLIC HEARING <br />8.A. Adopt City of Redwood City Fiscal Year (FY) 2020-21 Revised Budget <br />(501) Res(0124)15904 <br />City Manager Melissa Stevenson Diaz gave a presentation. <br />Mayor Howard opened the public hearing. <br />The following members of the public spoke: <br />• Johanna Rasmussen <br />• Firefighter Michael Elhihi <br />• Julie Lind <br />• Bret <br />• Livey Beha <br />• Lissette Espinoza-Garnica <br />• Emil Hanscom <br />• John Lashlee <br />■ Harris <br />■ Nisha Masharani <br />• Clara Jaeckel <br />• Terry Condon <br />• B. Beekman <br />• Pat W. <br />• Ian W. <br />Page 6 of 9 <br />
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