7. CONS 22-477 Adopt Resolutions 1) Appropriating a $627,554 Community Development Block Grant Award to Bay Area Community Services (BACS) to Acquire the St. Regis Retirement Center; and 2) Authorizing the City Manager to Negotiate and Approve a $2 Million Loan to BACS for Down Payment Assistance to Acquire the St. Regis Retirement Center and Authorizing an Amendment to the FY 2023 Operating Budget by $2 Million in the General Fund - Hayward, CA

Meeting: City Council on 2022-08-09 5:30 PM

Meeting Time: August 09, 2022 at 5:30pm PDT

The online Comment window has expired

Agenda Item

7. CONS 22-477 Adopt Resolutions 1) Appropriating a $627,554 Community Development Block Grant Award to Bay Area Community Services (BACS) to Acquire the St. Regis Retirement Center; and 2) Authorizing the City Manager to Negotiate and Approve a $2 Million Loan to BACS for Down Payment Assistance to Acquire the St. Regis Retirement Center and Authorizing an Amendment to the FY 2023 Operating Budget by $2 Million in the General Fund