Tuesday, November 7, 2023
Presiding: Eduardo Martinez · Called to order: 6:43 p.m. · 2 items · 3 votes
What happened
- Approved transferring Housing Authority financial advisor contract to new firm.
- Approved plan letting city charge Richmond Housing Authority for shared services.
Attendance
Contracts(1 item)
Transfer Housing Authority financial advisor contract to new firm
In Plain English
The Richmond Housing Authority's current financial advisor is retiring, but his staff is moving to a new company called NELB Consultants. These advisors have helped the Housing Authority with major projects like Hacienda Heights and Nevin Plaza. If approved, the remaining $170,918 contract transfers to the new firm through June 2025.
Auto-generated summary. Source: official agenda documents.
Votes
To approve all items on the Housing Authority Consent Calendar
6 to 0
Budget(1 item)
Approve plan letting city charge Richmond Housing Authority for shared services
In Plain English
The Richmond Housing Authority uses city staff for accounting, legal work, and other services but needs federal approval to pay for them. This plan meets federal requirements and lets the housing authority reimburse the city for these shared costs. The plan was required under a federal recovery agreement after the housing authority faced financial problems.
Auto-generated summary. Source: official agenda documents.
Votes
To approve all items on the Housing Authority Consent Calendar
6 to 0