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HomeMy WebLinkAboutResolutions - No. 2021-307RESOLUTION NO. 2021-307 A RESOLUTION OF THE LODI CITY COUNCIL AUTHORIZING THE CITY MANAGER TO EXECUTE REGIONAL EARLY ACTION PLANNING (REAP) COOPERATIVE AGREEMENT WITH SAN JOAQUIN COUNCIL OF GOVERNMENTS; ACCEPTING GRANT FUNDING; AND AUTHORIZING REVENUE AND EXPENDITURE APPROPRIATIONS WHEREAS, the Housing and Community Development Department (HCD) have provided funds for Regional Early Action Planning (REAP); and WHEREAS, San Joaquin Council of Governments on behalf of San Joaquin County Member Agencies (City of Lodi, City of Escalon, City of Lathrop, City of Manteca, City of Ripon, City of Stockton, City of Tracy, and County of San Joaquin), have been delegated the responsibility for the administration of the grant allocation and establishing necessary procedures; and WHEREAS, the SJCOG has allocated $132,470 to the City of Lodi to accelerate quality affordable housing stock, including affordable homeownership opportunities, in accordance with State of California affordable housing legislation; and WHEREAS, from the total allocation of $132,470, $44,144 will fund a Shared Equity Homeownership Feasibility Study, and the remainder of the allocation ($88,326) will fund the development of a local legislative and policy approach for City Council review to facilitate the construction of quality affordable housing in Lodi. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby approve the following actions: 1. Authorize the City Manager to sign the Regional Early Action Plan (REAP) Cooperative Agreement; and 2. Accept grant funding from SJCOG in the amount of $132,470 to fund planning efforts to accelerate affordable housing opportunities in the City of Lodi; and 3. Authorize revenue appropriation in account code 35500000.56007 and expenditure appropriation in account code 35587000.72450. Dated: November 17, 2021 I hereby certify that Resolution No. 2021-307 was passed and adopted by the City Council of the City of Lodi in a regular meeting held November 17, 2021 by the following votes: AYES: COUNCIL MEMBERS — Chandler, Khan, Kuehne, and Mayor Nakanishi NOES: COUNCIL MEMBERS — None ABSENT: COUNCIL MEMBERS — Hothi ABSTAIN: COUNCIL MEMBERS — None 1.4� JENNIFP' CU City Clerk 2021-307