Laserfiche WebLink
City of Everett <br /> 2020 2060 Agreement <br /> City of Everett <br /> 2060 HousingTrust Fund Agreement <br /> This 2060 Housing Trust Fund Agreement(the"HTF Agreement"orthe"Agreement")by and between <br /> Domestic Violence Services of Snohomish County (hereinafter"the Grantee")and the City of Everett <br /> (hereinafter"the City")operations of a homeless family shelter(he re inafter"the Project"). <br /> RECITALS: <br /> A. The Grantee is a non-profit corporation organized and existing under the laws of the State of <br /> Washington. <br /> B. The City is a municipal corporation of the State of Washington. <br /> C. The City has available in its 2060 Housing Trust Fund certain money to be used to support housing <br /> projects or units within housing projects that are affordable to Very Low-Income persons. "Ve ry Low- <br /> Income"means gross annual household income(at the time of initial occupancy)is not more than <br /> fifty percent (50%) of the annual median income for the Seattle-Bellevue-Everett metropolitan <br /> statistical area,adjusted for household size,as estimated from time to time by the U.S.Department <br /> of Housing&Urban Development(HUD). <br /> D. The Grantee desires to use 2060 funds for operations for its homeless family shelter located at 1110 <br /> Rainier Avenue,Everett, WA to provide housing to homeless and very low-income persons.The <br /> Grantee and the City desire that the Grantee's homeless family shelter be used for the provision of <br /> emergency housing to homeless families. <br /> E. By Resolution No. 7574, the City Council of the City of Everett authorized funding from the 2060 <br /> Housing Trust Fund forthe Project,in an amount not to exceed$45,000.00. <br /> NOW,THEREFORE,in consideration of their mutual promises herein contained,the parties hereto agree <br /> as follows: <br /> I. GRANTTERMS <br /> A. The Grant <br /> F. The Grantee is hereby provided a grant in the amount of $45,000.00 (the Grant). This <br /> grant shall be considered a grant. The Grantee will receive payment on a reimbursement <br /> basis for eligible operation expenditures for the homeless family shelter operated by the <br /> Grantee. <br /> 1 <br />