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City of Everett <br /> 2022 2060 Agreement <br /> B. The Project <br /> The Grant is provided to the Grantee for the undertaking and performance of the Project. <br /> The Grant may be amended from time to time in any manner described elsewhere in this <br /> 2060 HTF Agreement, so long as the same remains consistent with and operations of the <br /> Homeless Family Shelter operated by the Grantee, as now or hereafter amended. <br /> C. Project Budget <br /> $Click or tap here to enter text. <br /> Salaries & benefits $ ;3 5'o 9 0, D <br /> $Click or tap here to enter text. <br /> Operations - 000 . 019 <br /> $Click or tap here to enter text. <br /> Total Q, oc0, 00 <br /> D. Public Information <br /> In all news releases and other public notices related to the Project funded under this 2060 <br /> HTF Agreement, the Grantee shall include information identifying the source of funds as <br /> the City of Everett 2060 Housing Trust Fund. <br /> E. Resident Population of the Project <br /> The shelter shall be operated as a family shelter available exclusively to occupants whose <br /> gross annual household income (at the time of initial occupancy) is not more than fifty <br /> 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. <br /> Department of Housing & Urban Development (HUD). If at any future time HUD ceases <br /> issuing said median household estimates, the income under this Agreement shall be as <br /> determined by the City. <br /> Further, the Grantee shall verify the income of tenants of Assisted Units only in <br /> accordance with methods prescribed by or agreed to by the City. <br /> II. TERM OF AGREEMENT <br /> Services of the Subgrantee shall start on the 1st day of July, 2022 and end on the 30th day of June, <br /> 2023. The term of this Agreement and the provisions herein shall be extended to cover any <br /> additional time period during which the Subgrantee remains in control of 2060 funds or other assets. <br /> The City may, at its discretion, extend the term of this Agreement to allow for the expenditure of <br /> unexpended funds.This Agreement may be terminated by the City prior to its expiration date. <br /> 2 <br />