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6.3A <br /> ALTERNATIVES Page 2 <br /> Council may choose not to adopt the resolution required to appiy for SWFM grant funds. <br /> FISCAL IMPACT <br /> Staff is requesting grant funding in the amount of $8 million that wilf require matchin <br /> city funds. Currently, $6 million is available from the Capital Project Fund -- � <br /> Avenue/Bayfront Storm Drain lmprovement. If awarded the grant, an additional $2 <br /> million will be needed and may be transferred from other sto►-m drainage Capital Project <br /> Fund accounts, such as the Sform Drain Collection System Construction and the Storm <br /> Drain Creeks and Channel. Other costs associated with the grant application process <br /> include the cost of staff time and $42,110 for the actual preparation of the grant <br /> application by a qualified consultant. Staff currently estimates $16 million as the total <br /> project cost of improvements to the Bayfront Canal Regional Flood Protection System <br /> and Fifth Avenue Pump Station. <br /> ENVIRONMENTAL REVIEW <br /> As the lead agency, City of Redwood City has determined thaf the actions proposed in <br /> this report do not constitute a project as defined by the California Environmental Quality <br /> Act. <br /> � <br /> Grace , PE S. eter Vorametsanti, PE, PTOE, CFM <br /> Senior Civil Engineer City Engineer <br /> � <br /> C'J <br /> Chu Chang, PE, LEED AP obert B. Bell <br /> CDS Manager-Engineering &Transportation Interim City Manager <br /> ATT/ICHMENTS <br /> RESOLUTION <br /> RELATED DOCUMENTS IN CITY CLERK'S OFFICE <br /> Nane <br />�� <br />