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5�F1�-Z <br /> interpreting, and enhancing the understanding and appreciation of significant elements <br /> that add to the State's cultural, social, and economic evolution. <br /> The CCHE program provides grants for individual projects in amounts ranging from <br /> $25K to $5M. All CCHE grants require one for one matching funding. Funds cannot <br /> be used to pay for operations and maintenance costs, ceremonial expenses, or <br /> promotional materials. Up to $35M of the $122M available may be distributed during <br /> this funding cycle per the Califomia Clean Water, Clean Air, Safe Neighborhood Parks, <br /> and Coastal Protection Act of 2002 (Proposition 40). <br /> Fiscal Impact <br /> Up to $2.08M in grant funds could be awarded to Redwood City to partially fund the <br /> Historic Courthouse facade reconstruction. The source of the matching funds will be <br /> the City or the Redwood City Redevelopment Agency in some combination yet to be <br /> determined. If CCHE grant funds are awarded, this item will be retumed to Council and <br /> Agency for final determination of matching funds. <br /> Alternatives <br /> Rescind the City of Redwood City grant appliqtion to the Califomia Cultural and <br /> Historic Endowment for the historic Courthouse facade reconstruction project. <br /> Conclusion <br /> Staff recommends that the Council and the Agency Board approve the attached resolutions. <br /> � <br /> Susan Moeller el Patterson Ed Everett <br /> Redevelopment, Housing ommunity Development City Manager <br /> & Economic Development Services Director <br /> Manager <br /> Attachments <br /> 1. Proposed resolution of the City Council of the City of Redwood City <br /> 2. Proposed resolution of the Redwood City Redevelopment Agency <br /> JY:cje <br /> I:/STAFF REPORTS/10-2004 <br /> Page 2 of 2 <br />