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SECTION 1. Council authorizes the appropriation of $101,441 in FY 2017/18 from the <br /> Lower Income Housing Fund to fund both agreements. <br /> SECTION 2. Council authorizes the City Manager to sign, on behalf of the City of <br /> Pleasanton, a Professional Services Agreement, attached hereto as Exhibit A, with Hello Housing, <br /> in the amount not to exceed $81,934, for the administration of the Below Market Rate Program <br /> and First-Time Homebuyer Services for the period July 1, 2017 through June 30, 2018. <br /> SECTION 3. Council authorizes the City Manager to sign, on behalf of the City of <br /> Pleasanton, a Professional Services Agreement, attached hereto as Exhibit B, with ECHO <br /> Housing, in the amount not to exceed $55,000, for the provision of homebuyer education services <br /> for the period July 1, 2017 through June 30, 2018. <br /> PASSED, APPROVED AND ADOPTED by the City Council of the City of Pleasanton at <br /> a regular meeting held on June 20, 2017. <br /> I, Karen Diaz, City Clerk of the City of Pleasanton, California, certify that the foregoing <br /> resolution was adopted by the City Council at a regular meeting held on the 20th day of June, <br /> 2017, by the following vote: <br /> Ayes: Councilmembers Brown, Narum, Olson, Pentin, Mayor Thorne <br /> Noes: None <br /> Absent: None <br /> Abstain: None <br /> aren •iaz, City Clerk <br /> APPROVED AS TO FORM: <br /> D- iel G. Sodergren, City Attorney <br />