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imis, 283 <br />.32 <br /> Res.4774. <br /> AGREEMENT BETWEEN <br /> Ia TRE ETT,UNITED STATES OP 1AMERICA000000 000(00 CALLED TEE sCOTHE^CITY")"O AND <br /> 110010 I,A LIEU <br /> MUNICIPAL CORPORATION(HEREIN CALLED THE^CITY")ON PAY- <br /> MENTS pE19T8 IN LIEU OF TAXES. <br /> WHEREAS,pursuant to Public No.549,76th Congress-the Lanham <br /> Act(herein eferred t the Act^(, h-Federal Woiks Administration <br /> (herein referred to n the Mdminlstratore) is authorized to develop <br /> housing to accommodate persons envaged in national defense aetivitiea <br /> (hs defined in the Act) and <br />.NexxSs such heuueWHERieE,consistinthe g of apprtrator oximatelyeized the 85 unite to bee locateent d <br /> Lent in the City of Everett,Wanhiegtev (identification No.Wash-45071-x <br /> end herein referred t0 as the"Development.),.and <br /> uiAmen <br /> ed WHEREAS,,by virtue of he feet that the Development and land i <br /> acquired or e <br /> be acquired in connection therewith end the improve- <br /> ments thereon a aor <br /> are to be <br /> owned by the Goverent,such <br /> I•. land and improvements <br /> r <br /> e or will be exempt <br /> pt from taxation by Everett, �.j: I$ <br /> municipal corporation(hereinafter referred to as the^city"), <br /> and by all other polltieel subdivisions of the State of Washington; I:` <br /> and <br /> WHEREAS,the Administrator,by virtue of Section 9 of the Act <br /> lieu 1 <br /> is authorized to enter into agreements to Ley annual some in <br /> Lees of taxes and the Administrator is willing o make certain peymants in <br /> 3d. lieu of taxes to the City and to other political subdivisions in 9:_ <br /> which the Development is situated; <br /> NOW,TIEREFORE,THIS AGREIGENT WITNESSETH: <br /> That in consideration of L mutual <br /> -covensntespolLconditions ISI I <br /> 74 as hereinafter set Porth,the par L1 h e e agree en <br /> 1. The Administrator shall pay to the City annually a sum equal <br /> to 7.5 percent of the total annual dwelling shelter rentals ehsrged <br /> for eocupied units in the Development provided that the amount to <br /> be Esid in lieu of tease theramovnteth 1a'.ire specs LOeo the Develop- 1 <br /> shalland'.rte uld be Sved by Lha <br /> ittwore notes emptlfrom�taxation.ies from tFor sthevied P.P..of suchpropertyif <br /> omplimee with the provisions of this Paragraph,the City will furnishthe Administrator with such information ea y from time to time e <br /> requested. For purposes of this Paragraph,shelter rent shell mean <br /> Lop end the charge established(or estimated)far the nee 0Y a dwelling ex <br /> eluding the furnishing of any utilit4elgerste.,energy.) heating <br /> light cookii.fuel or re li <br /> 0f E Th amount t be paid annually by the Government pursuant <br /> Lde to Paragraph Thereof shell be paid et the same time as ed valorem ) <br /> taxeeaeduetheCity. 1l.. <br /> 3. The City greet that during the period commencing with the <br /> date of the acquisition of any part of the site or sites for the <br /> will ( <br /> notDevelopment any <br /> yach rrggtagge continuing Government for anY ePeelel s he life of this Agreement, tvleee <br /> ap_ <br /> in connection with'.the rcBonstructioon aand <br /> administrationo by on hof the alf erthe <br /> Develop- <br /> ment except <br /> caidere- Administratorsuc n <br /> 4. The City he BNlnish to the municipal services endafeoilitleaawhich <br /> the are or maypbent,the usual services <br /> y be s in <br /> without lost or charge to other dwellings <br /> and ceRendtheal Sn the City,and services; <br /> but not limited se fire, d <br /> colica end health protection o e ry ;rire hydrant service m <br /> ewor service after installation. <br /> e <br /> l <br /> 1 <br /> eamimM <br />