a. Approve and authorize the County Administrative Officer or designee to execute a non-standard agreement (“Funding Agreement”) between the County of Monterey and the Housing Authority of the County of Monterey (“HACM”) in the amount of $5,585,597 for the development and provision of permanent supportive housing at the Days Inn Motel located at 1130 Broadway Street, King City California 93930, for Monterey County residents experiencing chronic homelessness for the term February 25, 2025 to April 15, 2029; and b. Authorize and direct the Auditor-Controller to issue an advance payment to the HACM upon execution of the Funding Agreement and certified invoice, in the amount of $3,000,000 to provide a portion of the Days Inn property motel conversion costs; and c. Approve and authorize the County Administrative Officer or designee to execute up to 3 future amendments to the Funding Agreement with the HACM that may change the Funding Agreement contract amount up to and not to exceed 10% ($558,560) and do not significantly alter the scope of the Funding Agreement as determined by the Director of the Homelessness Strategies and Initiatives Division and subject to approval by County Counsel.

BoS Agreement Passed Introduced February 10, 2025

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