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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 />FISCAL IMPACT <br />Approval of these recommendations will have no impact on the General Fund. The current acquisition <br />cost for the City is a total of $44,200, which is reimbursable from the grant sources shown in Table 1 <br />above. <br />ENVIRONMENTAL REVIEW <br />This activity is not a project under California Environmental Quality Act (CEQA) as defined in CEQA <br />Guidelines, section 15378, because it has no potential for resulting in either a direct or reasonably <br />foreseeable indirect physical change in the environment. <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 not to approve the agreements and instead direct staff to re-open negotiations <br />with the property owners to obtain the ROW required for the project. <br />ATTACHMENTS <br />Attachment A – Resolution Approving Purchase of Property (portion of 1475 Veterans Blvd) from FN <br />Veterans LLC <br />Attachment B – Resolution Approving Purchase of Property (portion of 109 Seaport Blvd) from Peninsula <br />Building Materials Co. and Bushmont Company <br />REPORT PREPARED BY: <br />Karen Pachmayer, Principal Planner <br />kpachmayer@redwoodcity.org <br />(650) 780-7696 <br />7.I. - Page 3 of 48 <br />141