Explanation
BACKGROUND: This legislation authorizes the Director of the Department of Development to modify the scope of services in a Not for Profit Services Contract with Tony R. Wells Foundation, as additional needs have been determined since creating the program in 2022, and to extend the agreement term to December 31, 2024.
Original $ 765,662.00 Ord. 0267-2023 PO369920
Mod 1 $ 0.00
Total $ 765,662.00
The original contract with the Tony R. Wells Foundation was established to assist tenants being displaced from Latitude525 in December 2022 and on into 2023. The work with Latitude525 is ending and there is a balance of funds on the contract. There are other tenants in our community facing displacement in an emergency situation that could benefit from these funds. In order to make funds available, the Director requests the modification of the original scope of services to include any eligible displaced tenants with rent subsidies and related expenses, as described in the scope of services. In addition, the Director requests the termination date of the original agreement be modified from 12/31/2023 to 12/31/2024.
FISCAL IMPACT: No additional funding is necessary.
EMERGENCY JUSTIFICATION: Emergency action is requested in order to ensure funds are available to tenants at risk of displacement, and to extend the contract termination date to 12/31/2024.
CONTRACT COMPLIANCE: the vendor number is 038668 and expires 06/22/2025.
Title
To authorize the Director of the Department of Development to modify the scope of services in a Not for Profit Services Contract with Tony R. Wells Foundation, to request emergency action to ensure funds are available to tenants at risk of displacement, and to extend the agreement term to December 31, 2024; and to declare an emergency. ($0.00)
Body
WHEREAS, the Direct...
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