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HomeMy WebLinkAboutReso 048-03 Agmt CSG AffordHous RESOLUTION NO. 48 - 03 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN APPROVING AN AGREEMENT WITH CSG ADVISORS, INCORPORATED ON AN AS NEEDED BASIS BY THE COMMUNITY DEVELOPMENT DEPARTMENT FOR TECHNICAL FINANCIAL ANALYSIS RELATING TO AFFORDABLE HOUSING PROJECTS WHEREAS, the City of Dublin has indicated interest in developing affordable housing; and WHEREAS, one possibility for the provision of affordable housing is a 25 acre property on Dublin Ranch; and WHEREAS, the Community Development Department has received an application for developing affordable housing at the 25 acre property on Dublin Ranch; and WHEREAS, Staff has determined it necessary to seek assistance with technical and financial evaluation in negotiating possible housing projects; and WItEREAS, CSG Advisors, Incorporated has demonstrated adequate ability to perform said financial analysis; and WHEREAS, consultants will perform work on a time and material basis at the direction of the Community Development Director or his designee. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin does approve the agreement with the above mentioned firm. PASSED, APPROVED, AND ADOPTED this 18th day of March 2003. AYES: NOES: ABSENT: ABSTAIN: Mayor ATTESTs_ C~~C~ K2/G/3-18-03/reso-csg-housing.doc (Item 4.11)