Laserfiche WebLink
Annual and Five-Year Development Impact Fee Report <br />Fiscal Year Ending June 30, 2025 <br /> <br />City of Redwood City 45 <br />total project cost, the estimated start year, and other funding sources are noted. None of <br />the identified projects are expected to commence in FY 2025-26, however, they are all <br />expected to commence within the next five years. <br />Table 29 Water Capacity Project Identification <br /> <br /> <br />Project <br />CIP <br />(Y/N) <br />Estimated <br />Start Year <br />Total Project <br />Costs <br />% Funded <br />with Fee <br />Re venue <br />Amount <br />Funded with <br />Fee Revenue <br />Other Funding <br />Sources <br />Recycled Water <br />Distribution System <br />Phas e 2 Extension <br />Y FY 2024-25 $39,000,000 21% $8,190,000 <br />Water rate revenue <br />enterprise funds. <br />Main City Potable <br />Water Tank and <br />Pump Station <br />Y Next 5 Years $41,662,927 20% $8,370,000 <br />Water rate revenue <br />enterprise funds. <br />Annual Bond <br />Repayments for <br />Rec y cled Water <br />Facilities [1] <br />Y Annual $3,969,863 25% $992,466 <br />Water rate revenue <br />enterprise funds. <br />TOTAL $84,632,790 21% $17,552,466 <br />[1] Includes annual bond repayments for recycled water facilities such as tanks and pipe extensions, of which 25% is paid <br />for by fee revenue. Total project costs are based on repayment schedule. <br />ATTY/RESO.0124/CC RESO ACCEPTING THE DEVELOPMENT IMPACT FEES REPORT FOR FISCAL YEAR 2024-25 - ATTACHMENT A <br />REV: 12-05-25 MI <br /> <br />8.A. - Page 55 of 55 <br />66