...Title
Amendment to the Agreement with Destination: Home SV for the Employment Initiative and Homelessness Prevention System.
...Recommendations
(a) Adopt a resolution authorizing the City Manager to negotiate and execute a First Amendment to the grant agreement that was transferred to Destination: Home SV by Asset Transfer Agreement dated November 28, 2017, in the amount of $4,250,000, to continue implementing the Employment Initiative and Homelessness Prevention System for homeless individuals and families through June 30, 2021.
(b) Adopt the following 2018-2019 Appropriation Ordinance and Funding Sources Resolution Amendments in the Multi-Source Housing Fund:
(1) Establish a Revenue from the State of California estimate in the amount of $10,989,988 to recognize Homeless Emergency Aid Program (HEAP) grant revenue; and
(2) Establish a Homeless Emergency Aid Program Reserve to the Housing Department in the amount of $6,989,988; and
(3) Establish a Homelessness Prevention System appropriation to the Housing Department in the amount of $4,000,000.
(c) Adopt the following 2018-2019 Appropriation Ordinance Amendments in the Housing Trust Fund:
(1) Establish an Employment Initiative Program appropriation to the Housing Department in the amount of $250,000; and
(2) Decrease the Unrestricted Ending Fund Balance by $250,000.
CEQA: Not a Project, File Nos. PP17-003, Agreements/Contracts (New or Amended) resulting in no physical changes to the environment; and PP17-004, Government Funding Mechanism or Fiscal Activity with no commitment to a specific project which may result in a potentially significant physical impact on the environment. (Housing/City Manager)
NOT TO BE HEARD BEFORE 4:00 P.M.