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i q <br /> EVERETT CITY',CO�UNCIL AGENDA ITEM COVER SHEET <br /> PROJECT TITLE: 1 <br /> Affordable Housing Trust Fund 12/22/10 Briefing COUNCIL BILL# <br /> Agreement with Washington Proposed Action Originating Department Planning <br /> Home of Your Own to Build Consent -Contact Person Dave Koenig <br /> The Willows at Melvin Place 12/29/10 Action Phone Number 425-257-8736 <br /> First Reading FOR AGENDA OF 12/22/10 <br /> Second Reading 12/29/10 <br /> Third Reading <br /> Public Hearing <br /> Budget Advisory Initialed by: <br /> Department Head <br /> CAA <br /> Council President / <br /> Location Preceding Action Attachments Department(s)Approval <br /> 2504 Melvin Place Council Approval of Agreement Legal and Planning <br /> funding <br /> Amount Budgeted -0- <br /> Expenditure Required -0- Account Number(s): <br /> Budget Remaining -0- <br /> Additional Required -0- <br /> DETAILED SUMMARY STATEMENT: <br /> On August 12, 2009,the Everett City Council approved$90,000.00 in 2060 Affordable Housing Trust Fund <br /> dollars to build housing for persons with incomes at or below 50% of median income and diagnosed with <br /> chronic mental illness, and physical or developmental disabilities. The Affordable Housing Trust Agreement <br /> with Washington Home of Your Own is an agreement to build The Willows at Melvin Place, which will <br /> meet the needs of such individuals. A total of 7 one-bedroom units and 1 two-bedroom unit for a resident <br /> manager will be built. There are a number of funding sources for this project. The City's funding benefits 2 <br /> of the units. <br /> RECOMMENDATION (Exact action requested of Council): <br /> Authorize the Mayor to sign the Affordable Housing Trust Fund Agreement substantially in the form <br /> provided for Washington Home of Your Own to build The Willows at Melvin Place and to sign necessary <br /> documents, as approved by the City Attorney's Office,to implement the Agreement. <br /> 1 <br />