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Resolution 2016-48RESOLUTION 2016 -48 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GILROY IN SUPPORT OF MEASURE "A" ON THE NOVEMBER 8, 2016 BALLOT FOR SANTA CLARA COUNTY AFFORDABLE HOUSING BONDS WHEREAS, Santa Clara County has the nation's fourth largest homeless population with almost 5,000 unsheltered individuals; and WHEREAS, the rising costs of homeownership and increasing costs of rental units in the County have caused numerous families to struggle to maintain a sustainable standard of living and in the most difficult situations have led to homelessness; and WHEREAS, it has been estimated that over 67,000 housing units are needed in the County to provide affordable shelter to households with low or very low income levels; and WHEREAS, many moderate income workers with jobs in this area must live in other regions because they cannot afford housing, contributing to serious traffic congestion; and WHEREAS, the 2016 Santa Clara County Housing Bond will generate $700 million for new extremely Low Income Housing, including supportive housing for the homeless, plus $100 million for very Low Income Housing, plus up to $150 million for Moderate Income Housing, and, of this amount, up to $50 million for first -time homebuyers; and WHEREAS, these bond proceeds will generate significant benefits for those who live, work, or operate businesses in the City of Gilroy. RESOLUTION 2016 -48 2 NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Gilroy does hereby endorse the Santa Clara County Housing Bond Measure, Measure "A" on the November 8, 2016 ballot. PASSED AND ADOPTED by the City Council of the City of Gilroy at a regular meeting duly held on the 3`d day of October, 2016 by the following roll call vote: ATTE AYES: COUNCILMEMBERS: AULMAN, BRACCO, HARNEY, LEROE -MUNOZ and WOODWARD NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: TUCKER, VELASCO Freels, AYYKk" rill: i �- erry o Award, Mayor RESOLUTION 2016 -48 I, SHAWNA FREELS, City Clerk of the City of Gilroy, do hereby certify that the attached Resolution No. 2016 -48 is an original resolution, or true and correct copy of a city Resolution, duly adopted by the Council of the City of Gilroy at a regular meeting of said Council held on the P day of October, 2016 at which meeting a quorum was present. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Official Seal of the City of Gilroy this 4th day of October, 2016. �a Freels, MVC ty Clerk of the City of Gilroy (Seal)