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Page 6 of 7 <br />City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org <br />Council would consider the award of contract in summer 2025. Work on this project would begin in late <br />summer 2025. <br />EQUITY IMPACT STATEMENT <br />Based on the street list presented, 14 of the 56 streets, or 25% of the streets identified, are primarily <br />located within an Equity Priority Community (EPC). From a mileage basis, 28% of the street segments are <br />located in an EPC. Based on previous analyses, roughly 25% of the city’s street mileage is located within <br />an EPC, so project benefits should reflect or exceed the citywide distribution of streets in EPCs. A project- <br />specific equity analysis that reflects the final street list will be included in the staff report for the award of <br />the construction contract(s) in 2025. <br />FISCAL IMPACT <br />There is no direct fiscal impact associated with adopting a resolution identifying the 2024-25 Pavement <br />Management Program. However, the estimated $2.16M in RMRA revenues and project expenditures are <br />being appropriated as part of the FY 2024-25 Capital Improvement Program budget. These funds would <br />supplement the City’s current funding sources for road maintenance and rehabilitation. Approval of the <br />recommended action would have no impact on the General Fund. <br />8.B. - Page 6 of 12 <br />889