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2 10. The required application forms and information are to be sent to the U.S. Department of Housing and , <br /> Urban Development to complete all application requirements and the Mayor is authorized to sign and <br /> provide the needed documents. <br /> 11. The 2015 Annual Action Plan and the 2015 to 2019 Consolidated Plan is hereby approved to be <br /> submitted to the U.S. Department of Housing and Urban Development and to complete all application <br /> submittal requirements. <br /> 12. The first priority for HOME funds is for CHIP housing rehabilitation loans, and those funds shall be <br /> allocated to the CHIP program as long as they are needed to fund housing rehabilitation loans. <br /> 13. Up to $300,000.00 in CHIP CDBG loan funds (Fund 197)may be used for downtown building <br /> improvements through a loan program with the same loan rates and terms of owner occupied CHIP <br /> loans. <br /> 14. The year from which the HOME funds will come from will be worked out with Snohomish County <br /> within the Snohomish County HOME contracts going to City Council. <br /> 15. In future years the annual Community Development Block Grant Administration funding will the <br /> amount allowed from the annual grant and will be set aside and no application made in the committee <br /> process. This is being done as a time saving action and because of the need to be more efficient with <br /> staff time. <br /> 16. The 2015 to 2019 Consolidated Plan is hereby adopted. <br /> Councilman Introducing Resolution <br /> PASSED AND APPROVED BY CITY COUNCIL THIS DAY OF ,2015. <br /> Council President <br /> 22 <br />