DATE: May 17, 2016
TO: Mayor and City Council
FROM: Library and Community Services Director
SUBJECT
Review and Discussion of Proposed Alameda County-Wide General Obligation Bond Issuance (County-Wide Housing Bond)
RECOMMENDATION
That the City Council reviews and comments on this staff report and the presentation provided in Attachment I; and provides guidance to Mayor, Council, and staff regarding the City's position, if any, on the proposed bond.
BACKGROUND
The Alameda County Board of Supervisors (BOS) has directed County staff to explore the possibility of placing a County-wide General Obligation Bond (GO Bond) measure on the November 2016 ballot for the purpose of generating revenue to support various housing-related programs and investments throughout Alameda County, including Hayward, in response to the current housing affordability crisis.
To inform and seek input on the GO Bond issuance proposal, the BOS Health Committee has been conducting a series of work sessions to discuss and consider housing bond policy and programmatic proposals with the goal of drafting the final bond measure language and authorizing resolution for the November ballot. City of Hayward staff has been attending these work sessions. At this time, the BOS is scheduled to vote on potential bond measure language at its meeting on June 14, 2016 - in advance of the elections filing deadline to place a County measure on the November 2016 ballot.
County Supervisors have also been conducting outreach efforts in their respective districts to seek public input on the housing bond and affordable housing-related matters through stakeholder and town hall meetings, none of which were scheduled to take place in Hayward. City staff has attended some of these meetings as well. A list of the Supervisors' town hall meetings is included with this report as Attachment II.
DISCUSSION
Staff from the Alameda County Community Development Agency (CDA...
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