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6.K. - Page 3 of 5 <br />fund balance as of January 31, 2021 was $97,978 and, at an average monthly cost of $4,040, the fund <br />should be able to support the program through December 2022 without the addition of new revenue. <br />ENVIRONMENTAL REVIEW <br />This activity is not a project under California Environmental Quality Act (CEQA) as defined in CEQA <br />Guidelines, section 15378, because it has no potential for resulting in either a direct or reasonably <br />foreseeable indirect physical change in the environment. <br />PUBLIC NOTICE <br />Public notification was achieved by posting the agenda, with the agenda items being listed, at least 72 <br />hours prior to the meeting <br />ALTERNATIVES <br />If the City Council does not wish to extend the waiver of penalties and interest for late utility payments, <br />City staff would begin billing for penalties and interest, and pursue payment plans for customers in <br />arrears. <br />ATTACHMENTS <br />Attachment A — Resolution Waving Late Payment Penalties for Solid Waste, Water and Sewer Utilities for <br />the Period of March 2021 through December 2021 for Residential and Commercial <br />Customers Due to the COVID-19 Pandemic <br />REPORT PREPARED BY: <br />Michelle Poche Flaherty, Assistant City Manager and Administrative Services Director <br />mflaherty@redwoodcity.org <br />(650) 780-7072 <br />APPROVED BY: <br />Melissa Stevenson Diaz, City Manager <br />Page 3 of 3 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.ore <br />507 <br />