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11 <br /> WHEREAS, the County, Everett, and Marysville have determined that forming a <br /> consortium will increase the level of HOME Program funds potentially available for use <br /> within Snohomish County, and thereby increasethe combined ability of the Cities and <br /> the County to assist in meeting the affordable housing needs of the population; <br /> NOW, THEREFORE, the County, Everett, and Marysville, pursuant to the <br /> Interlocal Cooperation Act and in consideration of the mutual promises and covenants <br /> hereinafter set forth, agree as follows: <br /> Section 1. Definitions <br /> A. "Agreement" means this Snohomish County HOME Consortium Interlocal <br /> Cooperation Agreement among Snohomish County, the City of Everett, and the City of <br /> Marysville for Program.Years 2012 through 2014. <br /> B. "City" means either Everett or Marysville. <br /> C. "Consortium" means the arrangement formed by this Agreement. <br /> D. "Consortium HOME Program" means all of the activities assisted with HOME funds <br /> received from HUD as a result of this Agreement. <br /> E. "Member" means any of the County, Everett, or Marysville, all units of general local <br /> government and signatories to this Agreement. <br /> F. "Representative Member" means the County, designated herein to act in a <br /> representative capacity for the Consortium to HUD, to receive the HOME grants from <br /> HUD,' to administer the Consortium's HOME Program, including funding for the <br /> American Dream Downpayment Initiative ("ADDI"), and to be responsible to HUD for <br /> compliance by the HOME Consortium with the HOME Regulations, including but not. <br /> limited to the federal Consolidated Plan regulations at 24 CFR Part 91 (the <br /> "Consolidated Plan Regulations") and 24 CFR Part 92 (the "HOME Investment <br /> Partnerships Program" regulations). <br /> Section 2. General Provisions <br /> A. The Members agree to form a consortium to cooperate in undertaking or assisting <br /> in undertaking housing assistance activities in compliance with the federal HOME <br /> statute and the HOME Regulations. <br /> B. The Members agree to cooperate in maintaining compliance by the Consortium <br /> with the Consolidated Plan Regulations. The Members acknowledge and agree that: <br /> HOME CONSORTIUM INTERLOCAL AGREEMENT AMONG Page 2 of 8 <br /> SNOHOMISH COUNTY, CITY OF EVERETT AND CITY OF <br /> MARYSVILLE FOR PROGRAM YEARS 2012 THROUGH 2014 <br /> 49 <br />