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<br /> PROJECT TITLE: J
<br /> Resolution Declaring the Need for the Consent COUNCIL BILL#
<br /> Housing Authority of Snohomish x Action Originating Department Planning
<br /> County to operate within the First Reading Contact Person Jim Iles
<br /> Boundaries of the City of Everett Second Reading Phone Number
<br /> Third Reading FOR AGENDA OF Feb. 3,2010
<br /> Public Hearing
<br /> Initialed by:
<br /> Department Head
<br /> CAA
<br /> Council President
<br /> Location Preceding Action Attachments Department(s)Approval
<br /> Planning and Community
<br /> 1818 Pacific Ave Development
<br /> Legal
<br /> Council approval of this agenda item authorizes a budget revision in the additional amount requested.
<br /> Expenditure Required $ -0- Account Number(s):
<br /> Amount Budgeted $ -0-
<br /> Additional Required $ -0-
<br /> DETAILED SUMMARY STATEMENT:
<br /> Bethany of the Northwest is interested in selling the apartment complex Bethany at Pacific Crest, located at
<br /> 1818 Pacific Avenue. After reviewing the possible purchase,the Everett Housing Authority decided not to
<br /> purchase the property. The Housing Authority of Snohomish County then expressed interest in the property.
<br /> After review,the Housing Authority of Snohomish County made an offer to purchase the property,which
<br /> has been accepted by Bethany of the Northwest. This purchase keeps the project as an affordable housing
<br /> project for elderly tenants now and into the future. For the Housing Authority of Snohomish County to
<br /> operate within the City of Everett as it relates to this project,they need to be authorized by the City.
<br /> RECOMMENDATION:
<br /> Adopt Resolution Declaring the Need for the Housing Authority of Snohomish County to operate within the
<br /> Boundaries of the City of Everett.
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