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RESOLUTION NO. ,,,.,1 7 <br /> A RESOLUTION authorizing signing a Memorandum of Understanding with the <br /> Everett Housing Authority and the Department of Housing and Urban Development <br /> to participate in Rental Rehabilitation Demonstration Program. <br /> WHEREAS, the City Council of the City of Everett recognizes the need for <br /> certain housing and community development programs in Everett, and <br /> WHEREAS, funds for 16 Section 8 Existing units have been made available and <br /> it is estimated the annual value of that subsidy to local landlords will be <br /> approximately $70,000.00 for at least .5 years. <br /> WHEREAS, the Citizens Advisory Committee for Housing and Community <br /> Development agreed that the Section 8 Existing Program combined with <br /> rehabilitation assistance would help low and moderate income persons in Everett. <br /> WHEREAS, the Rental Rehabilitation Demonstration Program will implement <br /> the Housing Assistance Plan and studies such as the Growth Management Report. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br /> OF EVERETT THAT: i, <br /> 1. The Mayor is hereby authorized to sign the attached Memorandum of <br /> Understanding with the Everett Housing Authority and the U. S. Department of <br /> Housing and Urban Development. <br /> 2. This Resolution will become part of the formal application to the U. S. <br /> Department of Housing and Urban Development. <br /> 121 ' (i'l <br /> Cou ilm n Intro ucinesolution <br /> PASSED AND APPROVED BY CITY COUNCIL THIS "'� DAY OF <br /> /" '.e ewicA 9 1983 <br /> cis4:-r.9 ‘N‘ \.-;;r\--g--- — <br /> President <br /> 1 <br />