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<br />reviewed the proposed Rules as presented by staff and directed staff to submit these tCPa~:~ <br />the full Council for consideration. <br /> <br />ALTERNATIVES <br />The Council may elect not to approve this Identity theft Prevention Program in which <br />case staff will not have a formal policy to rely upon if challenged by a rate payer or the <br />Federal Trade Commission. Also. non-compliance with the Rules could result in <br />penalties at the federal and state level, class action suits and negative publicity. <br /> <br />FISCAL IMPACT <br />Although additional labor will be required to monitor and administer these Rules we do <br />not expect this to result in increased expenditures. <br /> <br />// -, I <br />~.V7~k . <br />Rajesh S wak <br />Senior Accountant <br /> <br />B~{f~ <br /> <br />Finance Director <br /> <br />Peter Ingram <br />City Manager <br /> <br /> <br />ATTACHMENTS <br />1. Resolution <br />2. City of Redwood City Identity Theft Prevention Program <br /> <br />RELATED DOCUMENTS IN CITY CLERK'S OFFICE <br />None <br />