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. . -...—,a. . . .. ....„, <br /> 154 <br /> . April 27,1983 <br /> 1. l' <br />' RESOLUTION <br /> . A RESOLUTION a.uthorizinq submission of an <br /> application to the United States of America, <br /> Department of Housing and Urban Development <br /> , for an Urban Development Action Grant for the <br /> Olympic Park Convalescent Center. <br />, . <br /> .19.AS,Section 110 of the Housing and Community Development <br />. Act of 1977 authorizes the United States of America,Department of <br /> Housing and Urban Development to make Urban Development Action Grants <br /> (UDAG)to certain distressed cities)and <br /> 1"'.4' ao.1.1H1::::L.r2,4ty,:fl Everett qualifies under the UDAG regulations <br />"'..Chl. WHEREAS,the purpose of the MAO psOgram iS to assist distressed <br /> cities a.distressed urban counties wlach require increased public <br /> . ,. <br /> ) ',Z. assistance and private investment to alleviate physical and economic <br /> deterioration;and <br /> WHEREAS,UDAG's are available to support economic development <br /> projects which are ready to implement and for whi.the applicant has <br /> 111,:'.a,a. . a commitment from a private developer;and <br /> WHEREAS,the Mayor h.determined that said project is eligible <br /> under UDAG program criteria;and <br /> WHEREAS,the Olympic Park Convalescent Center represents a.sub- <br /> stantial commitment of private resources towards enhancing the South <br />['''T',181'h: Everett Casino Rd.area and expanding nece.ary service.in 5.a./ <br /> and expanding the City's tax base and employment opportunities)and <br /> 1 "s's's'th"IMIL.:alt.'"gIVIITT4,c1rtor=1;1::TT <br /> g=1=7"ce t° <br /> of.,110W6THEREFORE,BE/T RESOLVED by the City Council of the City <br /> 4:1101' That the Mayor is hereby authorized to submit an application to the <br />'',,.:.0' Department of Housing and Urban Development for an Urban <br /> ($ ) Development <br /> Action Grant in the amount of four-hundred thousand dollars <br /> 400,000.00to assist the development of the Olympic Park Con- <br /> k:'fh'I'."'' valescent Center,and <br /> l'a 1,..1 ' BE IT FURTHER...ED: A <br /> That the Mayor is hereby authorized to provide such additional <br /> ' a ha information as may be necessary to secure approval of this grant <br /> k'h 1iihIlh' application;and <br /> a I'La, BE IT FURTHER RESOLVED: <br /> That following a notice of the award of an Urban Development Action <br /> . . <br /> . . Grant,the Mayor is requested to submit an ordinance authorizing <br /> L:),'.:1',1, acceptance of it. <br /> , , Roll was called with all Councilmen voting yes. <br /> . , <br /> Motion Carried <br /> a' . <br /> :h <br />