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Item 20 - Agreement with 3Di, Inc. for the Rent Stabilization
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Item 20 - Agreement with 3Di, Inc. for the Rent Stabilization
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8/11/2023 10:00:24 AM
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Item #
20
Date
2/7/2023
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Rental Registry Portal for the Rent Stabilization and Just Cause Eviction Ordinance <br />February 7, 2023 <br />Page 3 <br />3 <br />2 <br />2 <br />4 <br />Miscellaneous Fee Schedule. In order to ensure staff have sufficient time to implement <br />the rental registry that will be permanently funded from the rental registry fees, staff are <br />seeking approval of the proposed Agreement with 3Di, Inc. such that work can begin on <br />implementing the portal now. If the City Council does not approve the proposed <br />Agreement with 3Di, Inc., staff will not be able to meet the July 1, 2023 statutory <br />deadline for the creation of a rental registry in the Ordinance. <br />FISCAL IMPACT <br />When staff launches the rental registry and begins collecting rental registry fees on July <br />1, 2023, funds will accumulate in an account specific to the administration of the <br />Ordinance. Since the rental registry portal must be created in order to begin the <br />collection of fees, staff has submitted a Mid-Year Budget adjustment for $53,200 from <br />the Inclusionary Housing Fund (41718820-62300 Contract Services) which will be <br />utilized initially for this Agreement in the current fiscal year. Staff will explore <br />reimbursement of the Inclusionary Housing Fund after rental registry fee revenue is <br />accumulated. In future fiscal years, funding will be included in the proposed Rent <br />Stabilization Program budget for City Council consideration. <br />EXHIBIT <br />1. Agreement with 3Di, Inc. <br />Submitted By: Michael L. Garcia, Executive Director of Community Development <br />Approved By: Kristine Ridge, City Manager
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