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HomeMy WebLinkAbout2911 Resolution Reference A RESOLUTION NO. ��1 A RESOLUTION ALLOCATING ESTIMATED 2006 FEDERAL HOME FUNDS. WHEREAS, the City of Pasco entered into an Agreement with Kennewick and Richland in 2004 continuing participation in a Consortium originally formed in 1996 under the Home Investments Partnership (HOME)Program; and WHEREAS, the Consortium allows the three cities to be eligible for federal HOME funds; and WHEREAS, it is estimated that the City of Pasco will receive $209,876 federal HOME funds in 2006; Now, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO: Section 1. The City Council allocate 2006 HOME funds in the following manner: $159,876 for housing rehabilitation and$50,000 for down payment assistance. 9,�,, PASSED by the City Council of the City of Pasco this �y oft 01(igLV 2004. CITY OF PASCO: jch4eML&. G r son Mayor ATTEST: APPROVED AS TO FORM: Allr Sandy L. Kdnworthy Leland B. Kerr Deputy City Clerk City Attorney