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Page 3 of 4 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org <br />assessments is attached, and above is a map of the District. Copies of the Reports, which include the <br />annual budget and assessments, are available for review in the City Clerk’s Office. <br />FISCAL IMPACT <br />The District’s finances are separate from the City’s General Fund. Commercial properties along Seaport <br />Boulevard and in Seaport Centre pay annually for the expense of maintaining and operating the <br />stormwater retention basin and landscaping along Seaport Boulevard. Expenditures and revenues are <br />budgeted within the Seaport Landscaping Maintenance District Fund. As shown in the reports for the <br />District, the annual maintenance budget is in balance, with expected expenditures not exceeding <br />assessments. The proposed budget for the fiscal year is $212,500. <br />ENVIRONMENTAL REVIEW <br />This activity is categorically exempt from the California Environmental Quality Act (CEQA) under California <br />Code of Regulations, Title 14, Section 15301 (Class 1) because the assessments, if approved, will fund the <br />repair and maintenance of existing utilities. <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 />The City Council may choose to not levy assessments. If benefit assessments are not levied against the <br />properties within the District, then the District may have to reduce maintenance and operation of the <br />storm water retention system and landscaping along Seaport Boulevard. <br />ATTACHMENTS <br />Attachment A – Resolution <br />REPORT PREPARED BY: <br />James O'Connell, Acting City Engineer <br />joconnell@redwoodcity.org <br />(650) 780-5923 <br />6.D. - Page 3 of 5 <br />36