Title
Property Management Services at Foothills Village Public Housing Community (Ordinance S-46729)
Description
Request to authorize the City Manager, or his designee, to extend Contract 140710 with MEB Management Services for up to six months from July 1, 2020 through Dec. 31, 2020, or until the transition of ownership of Foothills Village Apartments to FVA, LLC, whichever comes first, and add additional funds in the amount of $500,000. Further request authorization for the City Controller to disburse all funds related to this item. The aggregate contract value will not exceed $6 million. There is no impact to the General Fund.
Report
Summary
The Housing Department is in the process of converting Foothills Village Apartments using the U.S. Department of Housing and Urban Development, Rental Assistance Demonstration program. Under the new program, ownership of the property will transition to FVA, LLC who will then assume responsibility for providing these services. The Housing Department needs this extension to allow time to complete the transition and transfer ownership.
Financial Impact
With the $500,000 in additional funds, the contract's revised value is now $6 million. There is no impact to the General Fund. Funding for these services are available from federal resources.
Concurrence/Previous Council Action
- City Council originally approved Contract 140710 on May 27, 2015.
Location
920 W. Alta Vista Road
Council District: 7
Department
Responsible Department
This item is submitted by Deputy City Manager Mario Paniagua and the Housing Department.