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PROJECT TITLE: <br />Resolution Declaring the Need for the <br />Housing Authority of Snohomish <br />County to operate within the <br />Boundaries of the City of Everett <br />x <br />Consent <br />Action <br />First Reading <br />Second Reading <br />Third Reading <br />Public Hearing <br />COUNCIL BILL # <br />Originating Department Planning <br />Contact Person <br />Phone Number <br />FOR AGENDA OF <br />Initialed by: <br />Department Head <br />CAA <br />Council President <br />Jim Iles <br />Feb. 3, 2010 <br />Location <br />1818 Pacific Ave <br />Preceding Action Attachments <br />Department(s) Approval <br />Planning and Community <br />Development <br />Legal <br />Council approval of this agenda item authorizes a budget revision in the additional amount requested. <br />Expenditure Required <br />$ -0- <br />Account Number(s): <br />Amount Budgeted <br />$ -0- <br />Additional Required <br />$ -0- <br />DETAILED SUMMARY STATEMENT: <br />Bethany of the Northwest is interested in selling the apartment complex Bethany at Pacific Crest, located at <br />1818 Pacific Avenue. After reviewing the possible purchase, the Everett Housing Authority decided not to <br />purchase the property. The Housing Authority of Snohomish County then expressed interest in the property. <br />After review, the Housing Authority of Snohomish County made an offer to purchase the property, which <br />has been accepted by Bethany of the Northwest. This purchase keeps the project as an affordable housing <br />project for elderly tenants now and into the future. For the Housing Authority of Snohomish County to <br />operate within the City of Everett as it relates to this project, they need to be authorized by the City. <br />RECOMMENDATION: <br />Adopt Resolution Declaring the Need for the Housing Authority of Snohomish County to operate within the <br />Boundaries of the City of Everett. <br />15 <br />