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IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO RESOLUTION NO. 2015-180 RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE A MEMORANDUM OF UNDERSTANDING (MOU) WITH THE SILICON VALLEY COMMUNITY FOUNDATION FOR A REGIONAL HOUSING NEXUS STUDY WHEREAS, the dissolution of redevelopment agencies throughout California in 2012 eliminated the major source of funding for affordable housing in the City of San Leandro and other local jurisdictions; and WHEREAS,the need for affordable housing continues to be an important regional challenge; and WHEREAS, despite the elimination of funding,the state still mandates that cities must plan for and facilitate the provision of affordable housing; and WHEREAS, having a local funding source often allows cities to secure additional state and federal resources; and WHEREAS, an option to provide funding for affordable housing is the imposition of development impact fees, for which a nexus study is required; and WHEREAS, the multi jurisdictional approach includes economies of scale and is more cost effective, costing less than half of a"stand alone"nexus study prepared for one jurisdiction; and WHEREAS,the multi jurisdictional approach also allows close collaboration with neighboring jurisdictions on housing policy to learn about best practices; and WHEREAS,participation in the regional nexus study of the impacts of various types of developments on the demand for affordable housing would enable the City of San Leandro to consider amending the affordable housing impact fee under its Inclusionary Zoning Ordinance; and WHEREAS, the cost sharing for the multi jurisdictional approach would result in a base cost to the City of San Leandro not-to-exceed $32,000; and WHEREAS, the City Council approved the appropriation of$40,000 in General Funds (Account Number 010-41-004-5120) in the FY2015-16 City Budget for the purpose of a housing nexus study. NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as follows: