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7.3.C. - Page 2 <br /> FISCAL IMPACT <br /> The grant is in the amount of $450,000, with a City match of $100,000. The City match <br /> would consist of $48,385 from the Transportation Impact Fee Fund (which has a set- <br /> aside for analysis of a potential streetcar), and the remaining $51,615 would come from <br /> the Stanford in Redwood City fund for a streetcar study. <br /> ENVIRONMENTAL REVIEW <br /> Actions associated with applying for and accepting funding do not constitute a project <br /> per California Environmental Quality Act guidelines. Additional environmental review will <br /> be completed for the projects as required by state and federal law. <br /> DIANA O'DELL <br /> SENIOR PLANNER <br /> AARON AKNIN <br /> COMMUNITY DEVELOPMENT DIRECTOR <br /> ROBERT B. BELL <br /> CITY MANAGER <br /> ATTACHMENT <br /> -Resolution <br />