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Irby Ranch LLC (the developer), and Sunflower Hill These predevelopment funds will be <br /> included within the $2 25 million maximum support if the project proceeds Or, the <br /> predevelopment funds will be a grant if the project does not proceed The funds are to <br /> be appropriated from the Affordable Housing Fund That fund can be used for policies <br /> and programs in the Housing Element The City's affordable housing policies support <br /> special needs housing (see Goal 17 and Programs 48 1 and 48 8 of the Housing <br /> Element) The ENRA calls for Sunflower Hill to complete the obligations of this agreement <br /> no later than October of 2021 (with interim milestones to ensure progress) <br /> Submit by Fiscal Review Approved by <br /> k//L____ x.,,A. A V 1 - <br /> Brian Dolan Tina Olson Nei'on Fialho <br /> Assistant City Manager Director of Finance City Manager <br /> Attachment Resolution with Draft Exclusive Negotiating Rights Agreement <br /> Page 3 of 3 <br />