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A. This is a maximum figure, not a flat contract price. <br /> B. If the Department of Housing and Urban Development reduces the <br /> estimated allocation, then each item will be reduced an <br /> apportionate amount. If a reduction is large enough to cause a <br /> burden, as determined by the staff, then a new budget will be <br /> returned to the City Council. <br /> II. The Mayor is hereby authorized to make formal application to the U.S. <br /> Department of Housing and Urban Development for funding assistance in <br /> accordance with this Resolution. <br /> III. The City Council recognizes the Mayor's willingness to match dollar <br /> for dollar funds to be used on Neighborhood Improvements such as <br /> street, sidewalk, drainage, and overlay projects. <br /> IV. Any funding assistance so received in 1988 be used for the above <br /> projects. <br /> V. This Resolution become part of the formal application to the U.S. <br /> Department of Housing and Urban Development. <br /> VI. The City of Everett objectives and priorities for Community <br /> Development Block Grant Funds, 1988 through 1991 including map are <br /> hereby adopted. <br /> VII. All payments and income from the Housing Rehabilitation Program will <br /> be used for rehabilitation purposes. <br /> b‘-CL;11-11444ef , (Yerflet.i7 <br /> Councilman Introducing Resolutilon <br /> PASSED AND APPROVED BY CITY COUNCIL THIS DAY OF , Jr9- N , <br /> 1988. <br /> Pre d(WitZ-C1 <br /> 5147F <br /> -3- <br />