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AGENDA ITEM NO. 10 PULLED FOR SEPARTE DISCUSSION AND <br /> CONSIDERATION <br /> MINUTES: Councilmember Hernandez returned to the dias at 8:01 P.M. <br /> 10.Agreement with OpportunitySpace Inc. dba Tolemi for a Rental Registry <br /> Portal to Enforce the Rent Stabilization and Just Cause Eviction Ordinance <br /> (Spec. 25-073) (Non-General Fund) <br /> Department(s): Community Development Agency <br /> Recommended Action: Authorize the City Manager to execute an agreement with <br /> OpportunitySpace Inc. dba Tolemi to implement, operate, and maintain a Rental <br /> Registry portal in a total amount not to exceed $580,000 for a three-year term <br /> beginning October 7, 2025, and expiring October 6, 2028, with provisions for two <br /> one-year extensions (Agreement No. A-2025-165). <br /> MINUTES: Councilmember Bacerra asked how much revenue the rental registry <br /> program has generated this year, how many units were accounted for, whether the <br /> amount received would be on an ongoing basis, and if the presented contract is <br /> funded solely from program-generated revenues. <br /> Community Development Director Mike Garcia stated that the rental registry <br /> program has generated $2.2 million to date, is projected to receive approximately <br /> $2.2 to $2.3 million annually, and the contract is fully funded by registry fee <br /> revenues from the program. <br /> MOTION: Councilmember Bacerra moved to approve the recommended <br /> action for Item No. 10, seconded by Mayor Pro Tem Vazquez. <br /> The motion carried, 7-0, by the following roll call vote: <br /> AYES: COUNCILMEMBER BACERRA, COUNCILMEMBER <br /> HERNANDEZ, COUNCILMEMBER LOPEZ, <br /> COUNCILMEMBER PENALOZA, COUNCILMEMBER PHAN, <br /> MAYOR PRO TEM VAZQUEZ, MAYOR AMEZCUA <br /> NOES: NONE <br /> ABSTAIN: NONE <br /> ABSENT: NONE <br /> Status: 7— 0— Pass <br /> CITY COUNCIL 10 OCTOBER 7, 2025 <br />