CC Resolution 12847 - BMR Admin Prof Serrvices agreement with Housekeys.RESOLUTION NO. 12847
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL AUTHORIZING
THE CITY MANAGER TO EXECUTE THE BELOW MARKET RATE HOUSING
PROGRAM ADMINISTRATOR PROFESSIONAL SERVICES AGREEMENT WITH
HOUSEKEYS, INC.
WHEREAS, in June of 2016, the City Council selected HouseKeys to serve as
the City's Below Market Rate (BMR) Housing Program Administrator and authorized the
City manager to execute a professional services agreement; and
WHEREAS, the professional services agreement with HouseKeys has been
annually renewed since that time; and
WHEREAS, on May 4, 2021, the Council authorized the City Manager to execute
a one-year contract with HouseKeys, Inc. to administer the City's Below Market Rate
Program; and
WHEREAS, the current one-year contract is set to expire on June 30, 2022; and
WHEREAS, the cost of the Program is partially subsidized through the
Administrator's collection of transaction fees charged to program participants (e.g.,
developers, applicants, homeowners, rental tenants, and lenders); and
WHEREAS, the City Council held a public meeting and approved the scope of
work (Exhibit A to proposed Agreement in Attachment B to Staff Report) and proposed
fee schedule (Exhibit B to proposed Agreement in Attachment B to Staff Report).
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Campbell
hereby authorizes the City Manager to execute a one-year Professional Services
Agreement with HouseKeys, Inc. in substantially the form and content set forth in
Attachment B to the Staff Report.
PASSED AND ADOPTED this 7th day of June, 2022, by the following roll call vote:
AYES: COUNCILMEMBERS: Gibbons, Landry, Lopez, Bybee, Resnikoff
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
APPROVED:
Paul Resnikoff, Mayor
ATTEST: