File #: 201027   
Type: Consent Calendar Status: Agenda Ready
Meeting Body: City Council
On agenda: 5/11/2021
Title: Contribution Agreement with the Housing Trust Silicon Valley
Attachments: 1. Council Report, 2. ATT 1 - Letter from Housing Trust Silicon Valley

...Title

Contribution Agreement with the Housing Trust Silicon Valley

...Recommendation

Authorize the City Manager to execute an agreement with Housing Trust Silicon Valley to provide an annual City contribution of $150,000 in Fiscal Years 2020-21, 2021-22, and 2022-23, for a total contribution of $450,000 over three years, subject to City Council appropriation of funds, to fund housing programs.