HomeMy WebLinkAbout3528 ResolutionRESOLUTION NO. 35
A RESOLUTION APPROVING AMENDMENT NO. 2 TO THE HOME
COOPERATIVE AGREEMENT FOR TRI- CITIES HOME CONSORTIUM OF
KENNEWICK, PASCO, AND RICHLAND UNDER THE NATIONAL AFFORDABLE
HOUSING ACT
WHEREAS, the Cities of Kennewick, Pasco and Richland entered into a cooperative
agreement to form a consortium to increase the local supply of decent affordable housing to low
income residents as authorized by Public Law 101 -625, the National Affordable Housing Act of
1990 (NAHA); and
WHEREAS, the members of the Consortium desire to limit activities performed under
the HOME Consortium Cooperative agreement as follows: 10% Administration, 15%
Community Housing Development Organization (CHDO), 75% Down Payment Assistance
and /or qualified CHDO project; NOW THEREORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PASCO:
That the City Council approves Amendment No. 2 to the HOME Consortium
Cooperative Agreement with the Cities of Kennewick and Richland and authorizes the City
Manager to sign the agreement.
BE IT FURTHER RESOLVED that this Resolution shall take effect immediately.
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PASSED by the City Council of the City of Pasco this day of January, 2014
Matt Watkins
Mayor
ATTEST:
VA
APPROVED AS TO FORM:
Leland B. Kerr
City Attorney