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2012-055 - Agreement with Neighborhood Housing Services Silicon Valley for Town’s BMP Housing not to exceed $55,000RESOLUTION 2012 -055 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS AUTHORIZING THE TOWN MANAGER TO EXECUTE AN AGREEMENT WITH NEIGHBORHOOD HOUSING SERVICES SILICON VALLEY FOR BELOW MARKET PRICE AFFORDABLE HOUSING PROGRAM SERVICES WHEREAS, Town Code Section 29.10.3005 established the Below Market Price Affordable Housing Program; and WHEREAS, the Town's Below Market Price Affordable Housing Program is a primary component of the Town's affordable housing strategy; and WHEREAS, the Town desires to continue the Below Market Price Affordable Housing Program; and WHEREAS, the Town of Los Gatos solicited competitive proposals from qualified agencies providing Below Market Price Affordable Housing Program services; and WHEREAS, Neighborhood Housing Services Silicon Valley is fully qualified to provide Below Market Price Affordable Housing Services; and WHEREAS, the Town finds the Neighborhood Housing Services Silicon Valley proposal best meets the Town's needs: NOW, THEREFORE, BE IT RESOLVED by the Town Council that the Town of Los Gatos enters into an agreement with the above mentioned firm for Below Market Price Affordable Housing services. BE IT FURTHER RESOLVED by the Town Council that the Town Manager is authorized and directed to execute the agreement for services as the Below Market Price Affordable Housing Program consultant on behalf of the Town of Los Gatos. 1 PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos, California, held on the 17"' day of September 2012, by the following vote: COUNCIL MEMBERS: AYES: Steven Leonardis, Diane McNutt, Joe Pirzynski, Barbara Spector, and Mayor Steve Rice NAYS: ABSENT: ABSTAIN: SIGNED: MAYOR OF THE TO OF LOS GATOS LOS GATOS, CALIFORNIA ATTEST: CLERK ADMINISTRATOR OF THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA