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NOW, THEREFORE, BE IT RESOLVED BY THE EXECUTIVE BOARD OF THE <br />REDEVELOPMENT AGENCY OF THE CITY OF REDWOOD CITY AS FOLLOWS: <br /> <br /> 1. That the sum of three million seven hundred thousand dollars <br />($3,700,000) is hereby appropriated for the cost of relocating and constructing a <br />reinforced concrete box culvert in the downtown area. <br /> <br /> 2. That the aforementioned sum is appropriated for the purpose hereinabove <br />specified for expenditure during the fiscal year July 1,2002 to June 30, 2003, and shall <br />be in addition to all sums appropriated for such purpose during such fiscal year. <br /> <br />F:Atty/Reso/Reso. 1381 2 P, 9 0 3- 7 8 <br />03/19/03 <br /> <br /> <br />