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AgdaPkt 2025.01.13 Joint SA PFA
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AgdaPkt 2025.01.13 Joint SA PFA
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Last modified
1/16/2025 4:06:58 PM
Creation date
1/16/2025 4:04:41 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council
Date
1/13/2025
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Annual and Five-Year Development Impact Fee Report <br />Fiscal Year Ending June 30, 2024 <br />City of Redwood City 44 <br />Table 28 Water Capacity Project Identification <br /> <br />Proje ct <br />CIP <br />(Y/N) <br />Estima te d <br />Sta rt Ye a r <br />Tota l Proje ct <br />Costs <br />% Funde d <br />w ith Fe e <br />Re ve nue <br />Am ount <br />Funde d w ith <br />Fe e Re ve nue <br />Othe r Funding <br />Source s <br />Rec y c led W ater <br />Dist ribution Sys tem <br />Phas e 2 Extension <br />Y Next 5 Years $13,788,352 21%$2,895,554 W ater rate revenue <br />enterpris e funds. <br />Main City Potable <br />W ater Tank and <br />Pump Station <br />Y Next 5 Years $41,662,927 20%$8,370,000 W ater rate revenue <br />enterpris e funds. <br />Annual Bond <br />Repay ment s for <br />Rec y c led W ater <br />Fac ilities [1] <br />Y Annual $3,969,863 25%$992,466 W ater rate revenue <br />enterpris e funds. <br />TOTAL $59,421,142 21%$12,258,020 <br />[1] Includes annual bond repaym ents for recycled water facilities s uch as tanks and pipe extens ions , of which 25% is paid <br />for by fee revenue. Total project cos ts are bas ed on repaym ent s chedule. <br />6.A. - Page 53 of 55 <br />58
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