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Page 1 of 4 City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org STAFF REPORT To the Honorable Mayor and City Council From the City Manager DATE: August 25, 2025 SUBJECT Using grant funds purchase fee title parcels, permanent access rights, and temporary construction easements related to the State Route 84 (Woodside Road)/U.S. 101 Interchange Reimagined Project RECOMMENDATION 1. Adopt a resolution approving the Property Purchase Agreement between the City of Redwood City, as Buyer, and FN Veterans LLC, as Seller, for the purchase of a fee parcel, permanent access rights and a temporary construction easement over real property identified as Assessor's Parcel Number 052-431-010, (1475 Veterans Blvd) in the amount of $11,100; and 2. Adopt a resolution approving the Property Purchase Agreement between the City of Redwood City, as Buyer, and Peninsula Building Materials Co. and Bushmont Company, as Seller, for the purchase of a fee parcel and a temporary construction easement over real property identified as Assessor's Parcel Number 052-392-510, (109 Seaport Blvd) in the amount of $33,100. STRATEGIC PLAN GUIDING PRINCIPLE Transportation BACKGROUND As detailed at the December 16, 2024, City Council Study Session, the State Route 84 (Woodside Road) / U.S. 101 Interchange Reimagined Project (“Project”) is a collaborative effort involving multiple agencies to fully reconstruct the interchange area. The goals are to enhance traffic safety, reduce congestion and pollution, and provide safer bicycle and pedestrian facilities. To proceed, the Project requires both permanent right-of-way (ROW) acquisition of certain lands and temporary ROW construction easements. The Project’s anticipated ROW capital costs of $21.3M are fully funded based on staff’s initial offer estimates. These costs will be funded by an $8.0M California State 7.I. - Page 1 of 48 139