CC Resolution 11941RESOLUTION NO. 11941
BEING A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CAMPBELL AUTHORIZING THE DISTRIBUTION OF A REQUEST FOR
PROPOSAL (RFP) TO ADMINISTER THE CITY'S BELOW MARKET
RATE (BMR) PROGRAM.
WHEREAS, on October 20, 2015, the City Council authorized consideration of a third
party contract to help with the City's Below Market Rate (BMR) housing program; and
WHEREAS, on December 15, 2015, the 20% Housing Committee (Successor Agency)
held a meeting to discuss issues that would help staff prepare the draft RFP; and
WHEREAS, the City's affordable housing stock includes approximately 70 existing BMR
low- and moderate income ownership homes and approximately 272 BMR rental units
and expects to add another 21 BMR ownership units and 7 BMR rental units in 2016
(based on existing entitlements); and
WHEREAS, the City's Housing Element has a goal to preserve these affordable units;
and
WHEREAS, the City seeks a qualified third-party to administer the City's BMR program;
and
WHEREAS, the City Council has reviewed and accepted the draft RFP and found it to
include the appropriate level of services needed to effectively administer the City's BMR
program and ensure efficiencies.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Campbell
hereby authorizes the Community Development Director to issue a request for
proposals (RFP) to administer the City's Below Market Rate (BMR) Program.
PASSED AND ADOPTED this 19'h day of January, 2016, by the following roll call vote:
AYES: COUNCILMEMBERS: Kotowski, Resnikoff, Cristina, Gibbons, Baker
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
ABSTAIN: COUNCILMEMBERS: None
APPROVED: ~~^ ~' ~-
J on T. Baker, Mayor
ATTEST: ~ ~c
Wendy ood, City Clerk