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San Carlos officials are voicing support for taking time to explore how a community foundation could be best structured to fund a wide array of initiatives and how to ensure residents engage in its formation in discussing how some $2 million of a $6 million PG&E settlement could be directed.

For months, officials have weighed a variety of uses for the $6 million the city collected from the utility in May, more than a year after the city and Pacific Gas and Electric reached a settlement stemming from PG&E’s mishandling of communication regarding the safety of a San Carlos natural gas line in 2012. Dedicating the funds toward upgrading the Holly Street and Highway 101 interchange and affordable housing projects are among the ideas officials have considered, but committing $2 million toward a community foundation benefiting San Carlos organizations and projects has been a mainstay in City Council discussions about the funds.

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