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�. A-(�, <br /> considerations, including safety and convenience for pedestrians, <br /> bicyclists, public transit, and vehicle traffic, as well as aesthetic design. <br /> • Update cost estimates for the transportation improvement projects <br /> � remaining on the list, and incorporate along with updated land use <br /> projections and revised list of improvement projects, to formulate <br /> adjustments to the schedule of fee amounts imposed on new <br /> development. <br /> • Evaluate potential altemative fee structures for powntown development, <br /> including consideration of extending the temporary fee exemption for uses <br /> other than office in the Downtown area (described later in this report), and <br /> subsequent permanent fee schedule rates that account for the effects of <br /> multiple land uses, higher densities, and transit proximity on decreasing <br /> vehicle trip generation rates in a Downtown zone. <br /> Government Code section 66006(b)(1)(G) requires the development impact fee <br /> financial report to include "a description of each inter-fund transfer or loan made <br /> from the account or fund." In January 2003 (Fiscal Year 2002/2003), a loan of $6 <br /> million in cash from the Traffic Mitigation Fee Fund was advanced to the <br /> Redwood City Redevelopment Agency to begin work on public improvements for <br /> the City's Downtown Redevelopment Project prior to the issuance of bonds to <br /> fund those improvements. The loan was repaid in November 2003, with interest <br /> paid at the rate established by the State of California Local Agency Investment <br /> Fund. <br />