City Council

(15) 17-0964-S1 BUDGET AND FINANCE COMMITTEE REPORT relative to the First Restated and Amended Master Placement Agreement No. C-143732 with FUSE Corps to provide a framework for City departments that participate in the FUSE Executive Fellowship Program. Recommendations for Council action: 1. APPROVE and AUTHORIZE the City Administrative Officer (CAO) to execute the proposed First Amended and Restated Master Placement Agreement No. C-143732 with FUSE Corps, a California Nonprofit Corporation, for a six-year term effective June 1, 2023 through May 31, 2029, subject to the review and approval of the City Attorney. 2. AUTHORIZE the General Managers of participating City departments to execute Individual Placement Agreements (IPA) with FUSE Corps in accordance with the terms of the First Amended and Restated Master Placement Agreement, subject to the approval of the City Administrative Officer relative to the availability of budgeted funding and the City Attorney as to form. Fiscal Impact Statement: The CAO reports that funding will be provided with a program fee of $180,000 on a per-project basis by the participating City departments that choose to use the Agreement. Funds must be identified by the participating City department prior to the execution of an IPA to place a FUSE Fellow. There will be no additional fiscal impact. Financial Policies Statement: The CAO reports that approval of the recommended actions is in compliance with the City’s Financial Policies as budgeted funds must be identified to support the proposed Agreement expenditures before an IPA is executed under the Master Placement Agreement.