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12/05/2006 ORIGINAL RESOLUTION NO. 14751 RESOLUTION AUTHORIZING APPLICATION FOR AND ACCEPTANCE OF UP TO $153,000 FROM THE CALIFORNIA DEPARTMENT OF TRANSPORTATION AND PROVIDING MATCHING FUNDS OF UP TO $17,000 ($8,500 CASH MATCH AND $8,500 IN-KIND) FOR THE FAIR OAKS ACCESS AND IMPROVEMENT STUDY FOR COMMUNITY MOBILITY WHEREAS, the Redevelopment Agency of Redwood City applied for and was awarded $153,000 from California Department of Transportation (Caltrans) Environmental Justice Planning Grant to partially fund a $170,000 mobility improvement study known as the "Fair Oaks Access and Improvement Study for Community Mobility", or the "project"; and WHEREAS, a local matching fund of 10 percent is required (one-half may be in-kind and one- half must be local funding); and WHEREAS, the proposed project is within the boundaries of the Redwood City Redevelopment Project Area and its planning study will contribute to the Agency's goals and objectives for the Project Area; and WHEREAS, local matching funds are available from the Redevelopment Agency in an amount not to exceed $17,000 (up to $8,500 cash match and up to $8,500 in-kind) for tasks including, but not limited to community meetings, conceptual designs, bilingual translation, staff time, and photocopying for the project; and WHEREAS, the Redevelopment Agency seeks to combine its resources and respective grant funding in order to conduct the analysis, public outreach, concept plan designs, childcare service, cost estimates, and renderings for the project; and WHEREAS, the project will be of benefit to the Redwood City Project Area and the immediate neighborhood in which the project is located, there are no other reasonable means of financing the project other than the Redevelopment Agency, and the project will assist towards the elimination of blighting conditions inside the Redwood City Project Area; and RESOLVED: That the Agency hereby finds and determines as follows: That the project will benefit the Redwood City Project Area by assisting to eliminate blight in public areas of the Project Area, improving pedestrian and vehicular safety in the Project Area, improving traffic conditions in the Project Area, and enhancing the aesthetic and functional appeal of the Project Area for property owners, residents, and workers; and further finds that the project is consistent with the implementation plan adopted for the Project Area; That no other reasonable means of financing the Fair Oaks Access and Improvement Study for Community Mobility is available to the City other than Redevelopment Agency funding; and A TTY /RESOIRESO.1665 112706 14751 Formerly muff# 505 1