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Packet 20231016
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5G Consent
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3/21/2024 5:56:02 PM
Creation date
12/26/2023 3:00:13 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
10/16/2023
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File Number: 23-394 <br />For the $9.6 million Operating Subsidy Grant under the Operating Subsidy Agreement, the <br />City expects the funding sources to be local, County, State (HHAP and HomeKey) and/or <br />federal. The City has committed to a $7.1 million operating subsidy guaranty over 5 years <br />from General Fund or $1.42 million annually to fill any annual funding gap. See Attachment D <br />(Summary of Funding Sources). <br />ATTACHMENTS <br />Attachment A - Resolution of the City of San Leandro City Council <br />Attachment B - Ground Lease between City and HCEB <br />Attachment C - Operating Subsidy Agreement between City and HCEB <br />Attachment D - Funding Sources for Lewelling Interim Housing <br />PREPARED BY: Tom Liao, Community Development Director <br />Page 4 City of San Leandro Printed on 12/21/2023
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