Title:
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RESOLUTION - ACCEPTANCE AND APPROPRIATION OF $2,500,000 FROM THE CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR CASA ROSELAND - 665 AND 883 SEBASTOPOL ROAD
RECOMMENDATION: It is recommended by the Housing and Community Services Department that the Council, by resolution, 1) accept the $2,500,000 in funding from the California Department of Housing and Community Development for Casa Roseland, 665 and 883 Sebastopol Road; 2) appropriate the monies to Fund 2130 - Operating Reserves, Key 340708 - Housing Reserve Transfers; 3) authorize payment of the $2,500,000 to MidPen Housing Corporation for Casa Roseland; and 4) authorize the Assistant City Manager or designee to sign all related documents.
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