...Title
Actions Related to the Agreement with Mission Asset Fund for Berryessa Flea Market Business Transition Program.
...Recommendations
(a) Adopt a resolution authorizing the City Manager or designee to:
(1) Negotiate and execute a consultant agreement with Mission Asset Fund to implement a Business Transition Support Program for the Berryessa Flea Market vendors for a total compensation not-to-exceed $500,000 for an initial term of 24 months; and
(2) Exercise an option to extend the agreement for one additional year under the same terms and conditions and with no increase in total compensation.
(b) Adopt the following 2022-2023 Appropriation Ordinance Amendments in the General Fund:
(1) Increase the Berryessa Flea Market Vendor Business Transition Fund City-Wide Expenses appropriation by $500,000; and
(2) Decrease the Berryessa Flea Market Vendor Business Transition Fund Reserve by $500,000.
CEQA: Not a Project, File No. PP17-003, Agreements/Contracts (New or Amended) resulting in no physical changes to the environment. (Economic Development and Cultural Affairs/City Manager)