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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 />Table 1: Funding Sources for R/W Capital Costs <br />Funding Source Approved Amount <br />State - STIP $ 8,000,000 <br />Federal (U.S. DOT) - INFRA $ 8,000,000 <br />County - SMCTA $ 20,000,000 <br />Total Available R/W Funding:$ 36,000,000 <br />Total anticipated R/W capital costs:$ 26,700,000 <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 recommended agreement. Two alternatives are identified <br />below: <br />1. The City Council may choose not to approve the purchase agreement and instead direct staff to <br />reopen negotiations with the property owner. This would potentially increase the cost of the <br />acquisition and further delay the Project by several months. Delays in the Project mean potentially <br />increased costs. <br />2. The City Council may choose not to approve the purchase agreement and instead direct staff to modify <br />the Project design to avoid this property. This alternative would significantly increase the cost for <br />Project re-design and other resulting required acquisitions and further delay the Project by at least a <br />year. Delays in the Project mean potentially increased costs and may risk grant funding. <br />7.B. - Page 3 of 48 <br />14