HomeMy WebLinkAboutResolution 2018-097 N.C.S. 06/18/2018Resolution No. 2018-097 N.C.S.
of the City of Petaluma, California
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 the 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.
2018-081 N.C.S., and
WHEREAS, the City budget was adopted on June 4, 2018 which included the
appropriations for affordable housing programs and projects as specified in Ordinance No. 2653
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 2018-
2019 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 4 proved as to
Council of the City of Petaluma at a Regular meeting on the 18`h day of June 2018, f rm
by the following vote:
City Attorney
AYES: Albertson, Barrett, Mayor Glass, Vice Mayor Healy, King, Miller
NOES: None
ABSENT: None
ABSTAIN: Kearney
ATTEST:
City Clerk Mayor
Resolution No, 2018-097 N.C.S. Page 1
2018-2019
HOUSING PROGRAM BUDGET
In Lieu Housing Fund:
Exhibit A
Beginning Balance Funds available 7/1/18 $4,098,929
Estimated 18-19 Revenue $ 258,000
$4,356,929
State Controller's "Clawback" to Successor Agency ($1,700,000)
Funds Available for 18-19 Allocation $ 2,656,929
Appropriations:
PPSC Rental Assistance & Fair Housing $ 95,000
PEP Housing - rehabilitation repair at 575 Vallejo 88,000
Committee on the Shelterless 80,000
PEP Housing - pre-dev funds for 951 PBS 60,000
Administrative Costs 88,500
Intragovernmental Transfers 17,992
Total Appropriations $ 433,492
Balance of Funds 6/30/18 $ 2,223,437
Commercial Linkage Fund:
Beginning Balance of Funds available 7/1/18
$ 1,277,341
Estimated 18-19 Revenue
$ 228,458
Funds Available for 18-19 Allocation
$ 1,505,799
Appropriations:
Housing Land Trust of Sonoma County - First Time Homebuyer Admin
60,000
Housing Land Trust - subsidy for older FTHB property
75,000
Administrative Costs
48,000
Intragovernmental Transfers
7,329
Total Appropriations
$ 190,329
Balance of Funds 6/30/18
$ 1,315,470
Housing Successor Fund:
Beginning Balance of Funds available 7/1/18
$ 180,706
Estimated 18-19 Revenue
$ 200,000
Funds Available for 18-19 Allocation
$ 380,706
Appropriations:
Intragovernmental Transfers 95,365
Salary & Benefits 98,636
Supplies & Services 37,400
Total Appropriations $ 231,401
Balance of Funds 6/30/18 $ 149,305
Resolution No. 2018-097 N.C.S. Page 2