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HomeMy WebLinkAboutReso - CC - 072-2024 RESOLUTION NO. 072-2024 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME APPROVING A PROFESSIONAL SERVICES AGREEMENT WITH HOUSEKEYS, INC. FOR ADMINISTRATION OF THE CITY OF BURLINGAME BELOW MARKET RATE HOUSING PROGRAM IN THE AMOUNT OF $485,000 OVER A THREE-YEAR PERIOD AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE AGREEMENT WHEREAS, between 2008 and 2015, the City of Burlingame (“City”) contracted with Neighborhood Housing Services of Silicon Valley (NHSSV) to administer the City’s BMR Housing Program; and WHEREAS, when NHSSV closed due to financial challenges, the City contracted with HouseKeys, Inc. on March 9, 2017, to continue administration of the BMR Housing Program; and WHEREAS, HouseKeys has been overseeing the administration of 106 existing BMR units in Burlingame and, based on the number of existing BMR units and new BMR units anticipated to be built in the next several years, the City desires to continue to contract with HouseKeys, Inc. to administer the BMR Housing Program; and WHEREAS, there are adequate funds available in the Housing Fund to cover administration of the BMR Housing Program for a period of one year; and WHEREAS, the contract cost is $485,000 for a three-year period ($150,000 in the first year, $160,000 in the second year, and $175,000 in the third year). NOW, THEREFORE, BE IT RESOLVED AND ORDERED: 1. The City Manager is authorized and directed to enter into a Professional Services Agreement with HouseKeys, Inc., in the form attached hereto, for below market rate administration, portfolio management, and compliance monitoring for administration of the City’s Below Market Rate (BMR) Housing Program for a period of three years with the Scope of Work attached to this resolution, for a cost of $485,000 ($150,000 in the first year, $160,000 in the second year, and $175,000 in the third year) as stated in the Scope of Work. 2. The City Clerk is directed to attest to the signature of the City Manager upon execution of the Professional Services Agreement. ______________________________ Donna Colson, Mayor DocuSign Envelope ID: 146C1833-330E-4500-8195-ED92ADE0268A I, Meaghan Hassel-Shearer, City Clerk of the City of Burlingame, certify that the foregoing Resolution was introduced at a regular meeting of the City Council held on the 20th day of May, 2024, and was adopted thereafter by the following vote: AYES: COUNCILMEMBERS: BEACH, BROWNRIGG, COLSON, PAPPAJOHN, STEVENSON NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE ______________________________ Meaghan Hassel-Shearer, City Clerk DocuSign Envelope ID: 146C1833-330E-4500-8195-ED92ADE0268A