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File Number: 23-149 <br />funding. <br />On March 20, 2023, the City Council approved up to $3,200,000 in surplus funds, if needed, to be <br />allocated as bridge funding, if Homekey funds are not released or available to the City at the <br />escrow closing deadline in late Summer/Fall 2023. <br />Beyond the $7,100,000 operating/services subsidy guarantee for operations and supportive <br />services for the proposed Interim Shelter/Nav Center, the remaining funding that the City commits <br />to the acquisition, rehab, operations/services, and relocation assistance are from targeted City, <br />State and federal funds. See Attachment C for a listing of City Committed Funding Sources to <br />the Nimitz Motel conversion. <br />ATTACHMENTS <br />Attachment A - Resolution of the City of San Leandro City Council Authorizing Joint <br />Application to and Participation in the Homekey Program <br />Attachment B - Operating/Services Funding Gap Analysis Homekey 3.0 <br />Application/Interim Shelter & Navigation Center <br />Attachment C - City Committed Funding Sources <br />PREPARED BY: Tom Liao, Community Development Director <br />Page 7 City of San Leandro Printed on 5/31/2023