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1 <br /> • <br /> RESOLUTION NO. / ng, <br /> A RESOLUTION approving the purchase of the <br /> real estate described below for the purpose <br /> of providing low-income housing by the <br /> Everett Housing Authority and authorizing <br /> the Mayor to sign an interlocal agreement <br /> with the Everett Housing Authority. <br /> WHEREAS, the City Council has recognized the need to provide housing <br /> for all incomes in the City of Everett, and <br /> WHEREAS, the high cost and scarcity of available land in Everett makes <br /> it extremely difficult to assure the financial feasibility of low cost <br /> family housing, and <br /> WHEREAS, the Land Acquisition and Development Program administered <br /> by the Everett Housing Authority would use the funds to lower cost of <br /> land and its development for subsidized housing, and <br /> WHEREAS, the City Council has authorized the expenditure of <br /> $239,611.57 in Community Development Block Grant funds for land acquisition <br /> for low cost family housing, <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br /> EVERETT, THAT: <br /> 1. The Mayor is hereby authorized to sign an interlocal agreement <br /> with the Everett Housing Authority for undertaking land acquisition <br /> and site improvements for subsidized housing. <br /> 2. The Everett Housing Authority is given approval to purchase the <br /> real estate described as: <br /> The West one-half of Government Lot 1, Section 19, Township 28 <br /> North, Range 5 East, W. M. , EXCEPT the North 500 feet thereof <br /> ALSO EXCEPT roads. <br /> TOGETHER WITH a non-exclusive easement for road purposes over, <br /> along and across the North 60 feet of Tract 18, Broadway Farms <br /> #2, according to the Plat thereof recorded in Volume 13 of <br /> Plats, page 93, records of the Auditor of the County of Snohomish, <br /> State of Washington. <br /> _ ��j't- 11il/iL_ <br /> Coutitttnn Introducing ' -solution <br /> PASSED AND APPROVED BY CITY COUNCIL THIS 7/ DAY OF 1981. <br /> le / <br /> .. ,d : 11 /I - J a <br /> Cou Pres'i e t <br />