San Jose Ca.Gov
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File #: 21-1892    Version: 1
Type: Community & Economic Development Status: Agenda Ready
File created: 8/17/2021 In control: City Council
On agenda: 8/31/2021 Final action:
Title: Allocation of Community Benefit Payment from Google.
Attachments: 1. Memorandum, 2. Presentation - est. 5 minutes, 3. Letters from the Public

...Title

Allocation of Community Benefit Payment from Google.

...Recommendations

(a) Approve staff’s recommended funding allocation of the $3,000,000 community benefit payment from Google as follows:

 (1) Outreach to tenants and landlords on the eviction moratorium and rental relief funding in the amount of $1,250,000;

 (2) Capacity building for nonprofit organizations in the amount of $1,000,000;

 (3) Preservation pilot program in the amount of $500,000; and

 (4) Land trust predevelopment work in the amount of $250,000.

(b) Adopt the following 2021-2022 Funding Sources Resolution and Appropriation Ordinance Amendments in the General Fund: 

 (1) Increase the estimate for Other Revenue by $3,000,000; and

 (2) Establish the Google Community Benefits City-wide appropriation to the Office of Economic Development and Cultural Affairs in the amount of $3,000,000. 

CEQA: Downtown West Mixed-Use Plan Environmental Impact Report, GP19-009, PDC19-039, PD19-029 (State Clearinghouse # 2019080493, City Council Resolution No 80018). (Economic Development and Cultural Affairs/Housing/City Manager)