City Council

12. GRANT AGREEMENT WITH FAMILY PROMISE OF SANTA CLARITA\nVALLEY FOR THE RESOURCE CENTER AND INTERIM HOUSING\nPROJECT ON NEWHALL AVENUE - Family Promise is requesting a one-time grant\nto assist with completing the construction of its new Resource Center and Interim\nHousing Project in the Newhall community.\nRECOMMENDED ACTION:\nCity Council:\n1. Award a one-time grant to Family Promise of Santa Clarita Valley in the amount of\n$500,000 to complete the construction of its Resource Center and Interim Housing\nProject.\n2. Effective Fiscal Year 2024-25, appropriate $190,762 to expenditure account\n1009000-516101 to provide reimbursement for eligible expenses for the Interim\nHousing Project; increase transfers into the General Fund (100) of which $115,762\nwill come from Housing Successor funds (100-600393), and $75,000 will come\nfrom Developer Fee funds (100-600306). Increase transfers out accounts 3939500-\n710100 (Housing Successor) by $115,762 and 3069500-710100 (Developer Fee) by\n$75,000.\n3. Authorize the City Manager or designee to execute a Grant Agreement with Family\nPromise and all other required documents, subject to City Attorney approval.