1941/10/10 Council Minutes - Laserfiche WebLink

'�'�' '271 I 6 W'i October iota,lull(Continued) 1 '. . Gage 2. WHEREAS,the Administrator has authorised the development of such housing, consisting of approximately Eighty-five(65)units to be located in the City of er tt,(Identification No.Wash.45071-0 end herein referred to as the"Develop moat))d WHEREAS,by virtue of the fact that rhe Development end land acquired or ` to be acquired in connection therewith and the improvement.thereon d or to.be owned by the Government,such lend and improvements are will b exempt from taxation by EVEREST,a municipal ooryoration,(herein referred to City"), d by all other political subdivisions of the State of Washington d gip, WHEREAS,the Aamini etOetor,Dy virtue oP Sentlan 9 of th A t 1 autho rv( - by ed to enter Onto agreements to pay annus)supe 1n lieu of Lased to the City. ).. NOW,THEREFORE,THIS AGREIw.^"NT,WITNESSETH: v That On consideration of the mutual covenants and conditions hereinafter , q set forth,the parties hereto agree as follows: 1. The Administrator shall pey to the City annuallym a sun,equal to 7.5%of the total annual dwelling shelter rentals charged for occupied unite 1n the Development,provided that the amount to be paid in lieu of taxes for any year with regard to the Development shall never exceed the upon share of taxes thet �t old be received by.the City from taxes levied s chpropertyifit tit were eSnet 4 provisions)ate exempt from taxation. For the purpose of evidencing compliance with of this paragraph the City will furnish the Administrator with such information es '11 :ral time to time be requested. For purposes of this paragraph shelter rent m hell mem the charge established for estimated)for the use of a dwelling exOlud �.+E,i pU OF toethe Purn0ehing of any utilities(i.e.'Nater,heat,heating of water,light, �t(;� 9G A cooking or refrigeration energy). 5_�4'� p Timm 2. The amount to be paid annually by the Government pursuant to Para- greph 1 hereof shall be paid et the same time as ad valorem taxes are due the City. dredmio- 3. The City agrees thmt during th period commenaiag with the data of itoriel the acquisition of any part of the site iE for the Development end continuing t" Vii. for the lira of this ase Ia agreement,it will not make any Charge against the Govetam y 85 for any special services in connection with the construction and administration II the Development except such charges assay be sewed to by or on behalf of the 1 Administrator. of the fends 4. The City dill furnish to the Government and the tenants of the Development,the usual municipal aervieee end facilities which are or may be Pur Sahel without cot or charge to other dwellings and inhabitants in the city,in d new ing,-but not limited to fire,police and health protection and services. �{ 5. The City will maintain in good repair and working order any and all f ETT: municipal utilities end facilities provided Dy it far the nee and Denlfit of the 1),.. Development eund the tenants thereof;and will maintain in good repair streets,roads P-".,. e of and alleys which are adjacent or leading to,or which ars within De boundaries of the the development. irtain.:. 6. Nothing in this agreement shall be o0netrued to confer any exemption] vided upon the tenants who may occupy the Development from the payment of taxes which may I be lawfully assessed against them. 1 7. Thie agreement hall continue in 0111 force and effect with reedeot to the Development so longat title thereto is held by the Government and so long as the a rgency declared by the President on September 8,1939,to exist,confin- nee;provided,hwever, hat so long as title to the Development is held by the Government after said emergeney hoe terminated this agreement shell continue in ful' force and effect until sixty days after either party has given td the other written notice that the agreement shall terminate at the end of sixty days. d. Upon the cele by the Government of date oY sale,art or a srts longerrbe the o sidered pert,of pert Isms sold.hall, agreement hen ey hie Development. Upon she termination portonsof the annual paymentwhole calledf the byvpmyegrerh the reof as tth will pay such for by Paragraph 1 hereof as the elapsed portion of the twelve-month period Deers Act, d to twelve months. efe9. No member of or delegate mO the liable ae Se the Dnl�:�eoes of.. ars a America.Dell participate in the Panda made available under tela a L.