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Point Source 2: <br />•Low area between bay and parcels on Neptune Dr. at Marina Blvd. <br />•The City has prepared a design for improvements and started <br />outreach for formation of an assessment district to pay for the <br />project. <br />•Flood Control District has asked to partner with us for a grant <br />application. If the grant is awarded the City will commit to about <br />$1.1M for work done to date and matching funds. <br />•Propose to ask affected property owners if they are willing to fund <br />the matching funds if the grant is awarded. <br />•Propose to ask affected property owners if they are willing to fund <br />the entire project if the grant is denied. <br />26