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individual jurisdictions by allowing the submittal of consolidated planning and reporting <br />documents to HUD. <br /> <br />FISCAL IMPACT <br /> <br />Approval of the attached agreement with the County will enable the City to maintain its <br />eligibility to receive an annual grant of HOME funds estimated at approximately $150,000 to <br />$170,000 per year for the next three years. As per the current agreement, five percent of the <br />City's annual HOME grant (approximately $9,000 to $10,000) would go to the County as the <br />City's contribution toward central administration of the HOME program by County staff. <br /> <br />STAFF RECOMMENDATION <br /> <br />Staff recommends that Council approve the renewal of the attached cooperative agreement with <br />Alameda County by taking the action listed in the summary. <br /> <br />Respectfully submitted, <br /> <br />Steven Bocian Susan Rossi Nelson Fialho <br />Deputy City Manager Director of Finance City Manager <br /> <br />HOME coop agrmt 2006 CCSR.docdSFE <br />4/5/05 4:45 PM <br /> <br />Attachments: <br />1. Draft Resolution <br />2. City-County Agreement <br /> <br /> SR:05:096 Page 4 HOME coop agrmt 2006 CCSR.doc <br /> <br /> <br />