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IN THE REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO <br />RESOLUTION NO. 2011 - RDA <br />RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF SAN <br />LEANDRO APPROVING A CONTRACTUAL SERVICES AGREEMENT WITH BAY <br />AREA HOME BUYER AGENCY TO ADMINISTER THE FIRST TIME HOMEBUYER <br />AND INCLUSIONARY HOUSINGBELOW MARKET RATE OWNERSHIP <br />PROGRAMS FOR FY 2011 -12 <br />Recitals <br />An agreement between the Redevelopment Agency of the City of San Leandro and <br />Bay Area Home Buyer Agency, a copy of which is attached, has been presented to this <br />Agency. <br />The Agency is familiar with the contents thereof. <br />The Executive Director has recommended approval of said agreement. <br />NOW, THEREFORE, the Redevelopment Agency of the City of San Leandro does <br />RESOLVE as follows: <br />That said agreement is hereby approved and execution thereof is hereby authorized <br />for the Redevelopment Housing Set -Aside Fund amount of $49,900 related to the <br />administration of the First Time Homebuyer and Inclusionary Housing/Below Market Rate <br />Ownership Programs by Bay Area Home Buyer Agency. <br />That said agreement is hereby approved and execution thereof is hereby authorized. <br />Introduced by Agency Member and passed and adopted <br />this 5th day of July, 2011, by the following called vote: <br />Members of the Agency: <br />AYES: <br />NOES: <br />ABSENT: <br />ATTEST: <br />Marian Handa, Agency Secretary <br />