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HomeMy WebLinkAboutResolution 2016-105 N.C.S. 07/11/2016Resolution No. 2016-105 N.C.S. of the City of Petaluma, California RESOLUTION APPROVING THE FUNDING APPROPRIATION FOR THE CITY OF PETALUMA'S AFFORDABLE HOUSING PROGRAM AND AUTHORIZING THE CITY MANAGER TO EXECUTE ANY DOCUMENTS NECESSARY TO IMPLEMENT THE PROJECTS AND PROGRAMS WHEREAS, the City Council of the City of Petaluma has developed housing goals to address the broad range of needs within our community; and WHEREAS, the City Council of the City of Petaluma adopted the 2015-2023 Housing Element on December 1, 2014 with Resolution No. 2014-190 N.C.S., and WHEREAS, the City Council of the City of Petaluma adopted the 2015-2020 Consolidated Plan for the Community Development Block Grant program with Resolution No. 2015-041 N.C.S., and WHEREAS, the City budget was adopted on June 6, 2016 which included the appropriations for affordable housing programs and projects as specified in Ordinance No. 2577 N.C.S, and WHEREAS, Requests for Proposals are distributed annually requesting submissions of programs and projects to implement affordable housing projects and programs which address City Council goals. NOW, THEREFORE, BE IT RESOLVED by the City of Petaluma City Council that those projects and programs, as listed in Exhibit A to this Resolution, be adopted as the 2016- 2017 Housing Program and directs and authorizes the City Manager to execute subrecipient agreements and related documents to implement those projects and programs. Under the power and authority conferred upon this Council by the Charter of said City. REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Approved as to Council of the City of Petaluma at a Regular meeting on the 1 Ith day of July, 2016, for by the following vote: Assis City Attorney AYES: Albertson, Mayor Glass, Kearney NOES: Healy ABSENT: Barrett, Vice Mayor King, Miller ABSTAIN: None ATTEST: City Clerk Mayor Resolution No. 2016-105 N.C.S. Page 1 Exhibit A 2016-2017 HOUSING PROGRAM BUDGET In Lieu Housing Fund: Beginning Balance Funds available 7/1/16 $ 2,204,935 Estimated 16-17 Revenue $ 550,000 $ 2,754,935 State Controller's "Clawback" to Successor Agency ($ 1,700,000) Funds Available for 16-17 Allocation $ 1,054,935 Appropriations: PPSC Rental Assistance & Fair Housing $ 93,175 Boys & Girls Club at affordable housing sites 150,000 Administrative Costs 52,000 Intragovernmental Transfers 16,152 Total Appropriations $ 311,327 Balance of Funds 6/30/17 $ 743,608 Commercial Linkage Fund: Beginning Balance of Funds available 7/1/16 $ 974,520 Estimated 16-17 Revenue $ 413,000 Funds Available for 16-17 Allocation $ 1,387,520 Aoorooriations: Housing Land Trust of Sonoma County - First Time Homebuyer Admin 35,000 Administrative Costs 25,000 Intragovernmental Transfers 21,189 Total Appropriations $ 81,189 Balance of Funds 6/30/17 $ 1,306,331 Housing Successor Fund: Beginning Balance of Funds available 7/1/16 $ 404,656 Estimated 16-17 Revenue $ 147,781 Funds Available for 16-17 Allocation $ 552,437 Aboroariations: COTS - Supportive Services $ 150,000 Rebuilding Together - Rehab Mary Isaak Center 31,180 Intragovernmental Transfers 78,183 Salary & Benefits 89,843 Supplies & Services 10,500 Total Appropriations $ 350,256 Balance of Funds 6/30/17 $ 202,181 Resolution No. 2016-105 N.C.S. Page 2