1569-2023: To authorize the Director of the Department of Development to execute a grant agreement with the Tony R. Wells Foundation dba The Wells Foundation in an amount up to $26,125,000.00 of U.S. Department of Treasury Emergency Rental Assistance 2 (ERA 2) funds to act as a Fiscal Manager for the disbursement of ERA funds to eligible recipients as part of the department’s ERA 2 Investment Strategy; to authorize an agreement start date of June 1, 2023; to authorize payment of eligible expenses after March 3, 2021; to authorize the advancement of funds on a pre-determined schedule during the term of the agreement; to authorize the expenditure of up to $26,125,000.00 from the Emergency Rental Assistance 2 Fund; and to declare an emergency. ($26,125,000.00) (AMENDED BY ORD. 2443-2023 PASSED 9/18/2023) BA