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AgdaPkt 2021.04.26 Joint SA FPA
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AgdaPkt 2021.04.26 Joint SA FPA
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Last modified
4/27/2021 9:23:20 AM
Creation date
4/22/2021 4:50:14 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
4/26/2021
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Created:
4/22/2021 4:53 PM
Modified:
4/22/2021 4:53 PM
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http://www.redwoodcity.org/
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6.13. - Page 32 of 55 <br />Administrative Services Department <br />Finance Division <br />Michelle Poche Flaherty <br />Assistant City Manager <br />Administrative Services Director <br />December 18, 2020 <br />F 4ZWP7�1 <br />Redwood <br />CItVCalifornia <br />randed1UP <br />San Mateo County Transportation Authority <br />120 San Carlos Avenue <br />San Carlos, California 94070 <br />1017 Middlefield Road <br />Redwood City, CA 94063 <br />(650) 780-7070 <br />Fax(650)366-2447 <br />Management's Report on Compliance with the Agreement for Distribution of San Mateo County <br />Measure W Funds for Local Transportation Purposes in accordance with the San Mateo County <br />Congestion Relief Plan <br />The City of Redwood City is responsible for complying with the Agreement for Distribution of San Mateo <br />County Measure W Funds for Local Transportation Purposes in Accordance with the San Mateo County <br />Congestion Relief Plan (the Agreement) between the City and the San Mateo County Transportation <br />Authority entered into on April 17, 2020. The Agreement states that in return for receiving an annual <br />allocation of a specified portion of the retail transactions and use tax approved by Measure W — San <br />Mateo County Transportation Expenditure Plan (the Measure), the City agrees that funds shall not be <br />used to replace funds previously provided for public transportation investments, and that City will limit <br />the use of funds provided pursuant to this Agreement to invest in major arterial and local roadway <br />improvements in key congested areas throughout the County, focusing on improving safety, reducing <br />congestion, and supporting all modes of travel on the County's roadway system. <br />With respect to compliance with the Agreement, management attests to the following for the fiscal year <br />ended June 30, 2020: <br />• Management is responsible for establishing and maintaining an effective internal control <br />structure with respect to compliance with the Agreement; <br />• Management is responsible for complying with the Agreement; <br />• Management has evaluated the City's compliance with the requirements of the Agreement; <br />• All Transactions, as summarized in the preceding Schedule of Receipts and Disbursements in <br />Fund Balance for the Year Ended June 30, 2020, are in compliance with the Agreement. <br />Emu <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-1000 www.redwoodcity.org <br />3 89 <br />
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