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/1—ma <br /> RESOLUTION NO. /,_ I: E JETT <br /> A RESOLUTION BY THE EVERETT CITY COUNCIL <br /> APPROVING THE ESTABLISHMENT OF A <br /> CONSORTIUM WITH SNOHOMISH COUNTY <br /> FOR THE PURPOSE OF <br /> PARTICIPATING IN THE HOME PROGRAM <br /> IN PROGRAM YEARS 1993, 1994, AND 1995 <br /> WHEREAS, the Congress of the United States of America has enacted <br /> the National Affordable Housing Act, Home Investment in Affordable <br /> Housing Program, as promulgated by the U.S. Department of Housing and <br /> Urban Development in 24 CFR Part 92, allowing units of general local <br /> government to enter into mutual cooperation agreements to form a <br /> consortium for the purpose of obtaining funding as a participating <br /> jurisdiction under the HOME Investment Partnerships Program (hereafter <br /> referred to as "HOME"); and <br /> WHEREAS, Snohomish County and the City of Everett have <br /> determined that obtaining funding under the HOME Program will increase <br /> their combined ability to provide affordable housing for their low and <br /> moderate income residents; and <br /> WHEREAS, the Interlocal Cooperation Act of 1967 (Chapter 39.34, <br /> Revised Code of Washington) permits local governmental units to cooperate <br /> in a manner that will accord best geographical, economic, demographic, and <br /> other factors influencing the development of local communities. Be it <br /> resolved by the City Council of the City of Everett that: <br /> 1 . The Mayor is authorized to sign and submit the Interlocal <br /> Agreement with Snohomish County to the Department of <br /> Housing and Urban Development to establish a consortium for <br /> the purpose of participating in the HOME program in program <br /> years 1993, 1994, and 1995 and until funds are expended. <br /> 6/47a4C4 711--- hfr-7-9-P--- <br /> Councilman Introducing Resolution <br /> PASSED and APPROVED by City Council thi i. Day of <br /> 1992. <br /> ./r <br /> Council President <br />