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Page 6 of 7 City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org and were included in the Purchase Price. The City’s installment payments from CFD special tax proceeds will reimburse HCP, MetLife and SCOA for those costs. HCP, MetLife and SCOA have also agreed to pay for all annual costs associated with administering the special tax. A facilities special tax and an annual perpetual services special tax will be levied on the Seaport Centre and Seaport Plaza properties. Due to the timing of the acquisition and acceptance of the Seaport Centre/Plaza Levee Improvements conflicting with the County’s tax levy assessment deadline, payment for the first year of the 15-year term for the facilities special tax will be collected through direct billing rather than inclusion on the County tax roll assessment. Subsequent annual payments for the facilities special tax will be levied via the County tax assessment roll on the Seaport Centre and Seaport Plaza properties to finance the City’s purchase of the New Levee. A perpetual services special tax will be levied on the Seaport Centre and Seaport Plaza properties to generate funds needed by City to pay the ongoing operation and maintenance costs of the New Levee and Wet Utilities. ENVIRONMENTAL REVIEW This activity is not a project under California Environmental Quality Act (CEQA) as defined in CEQA Guidelines, Section 15378, because it has no potential for resulting in either a direct or reasonably foreseeable indirect physical change in the environment. This activity simply authorizes acceptance of facilities that have been constructed in accordance with the LFIA, as authorized on October 26, 2020, and the Second Amendment to the LFIA authorizes use of funds for certain maintenance activities contemplated by the CFD rate and method incorporated in the CFD formation resolution. Moreover, on October 26, 2020, the City Council determined that Seaport Levee Improvements were categorically exempt from the requirements of the California Environmental Quality Act (“CEQA”) pursuant to State CEQA Guidelines, 14 CCR §§ 15000, et seq., Sections 15301 (Class 1. Existing Facilities), 15302 (Class 2. Replacement or Reconstruction), 15304 (Class 4. Minor Alterations to Land), and 15311 (Class 11. Accessory Structures). A Notice of Exemption was filed on February 4, 2021. PUBLIC NOTICE Public notification was achieved by posting the agenda, with the agenda items being listed, at least 72 hours prior to the meeting. ALTERNATIVES If the Council determines that the conditions for adopting the three resolutions have not been met, direct staff to conduct additional analysis or address any outstanding questions or issues. 8.C. - Page 6 of 117 196