HomeMy WebLinkAbout2912 Resolution Reference A
RESOLUTION NO. C7-/ /-�_
A RESOLUTION ALLOCATING HOME FUNDS FOR THE PURCHASE OF TWO
VACANT LOTS ON 5TH AVENUE.
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, the City is in need of an increased supply affordable housing to promote
home-ownership; and
WHEREAS,the City desires to enhance its tax base; and
WHEREAS, the City staff has identified two vacant lots suitable for the development of
affordable housing;Now, THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO:
Section 1. The City Council appropriate HOME funds for an amount not to exceed
$50,000 to purchase two vacant lots located on S. 5th Avenue.
PASSED by the City Council of the City of Pasco this S day of ago &W"2004.
CITY F PASCO:
r
Michael L. G rr' on
Mayor
ATTEST: APPROVED AS TO FORM:
Sandy enworthy Leland B. Kerr
Deputy City Clerk City Attorney
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