HomeMy WebLinkAboutRES 4111CITY OF RENTON, WASHINGTON
RESOLUTION NO. 4111
A RESOLUTION OF THE CITY OF RENTON, WASHINGTON, AUTHORIZING THE
MAYOR AND CITY CLERK TO ENTER INTO AN INTERLOCAL AGREEMENT WITH
KING COUNTY ENTITLED "REGIONAL AFFORDABLE HOUSING PROGRAM
INTERLOCAL COOPERATION AGREEMENT".
WHEREAS, the King County Growth Management Planning Council appointed a public-
private Housing Finance Task Force in 1994, hereinafter referred to as the "HFTF", to
recommend potential fund sources for affordable housing for existing low income residents and
for meeting the affordable housing targets for future growth; and
WHEREAS, the HFTF recommended a document recording fee as a source of regional
dollars for low-income housing development and support, and recommended that
representatives of the county, cities and the housing community work together to make
decisions about the use and administration of such a fund; and
WHEREAS, the document recording fee providing funding for low-income housing
development and support was codified under RCW 36.22.178; and
WHEREAS, RCW 36.22.178 requires that the funds collected from the document
recording fee be allocated according to an interlocal agreement between the county retaining
the funds and cities within the county; and
WHEREAS, it is mutually beneficial and desirable to enter into a cooperative agreement
in order to administer the RCW 36.22.178 revenue as a regional fund, as authorized by the
Intergovernmental Cooperation Act, RCW 39.34, and, as required by RCW 36.22.178;
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RESOLUTION NO. 4111
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON, WASHINGTON, DOES
RESOLVE AS FOLLOWS:
SECTION I. The above recitals are found to be true and correct in all respects.
SECTION II. The Mayor and City Clerk are hereby authorized to enter into an
interlocal agreement with King County entitled "Regional Affordable Housing Program
Interlocal Cooperation Agreement".
PASSED BY THE CITY COUNCIL this 8th day of August , 2011.
Bonnie I. Walton, City Clerk
APPROVED BY THE MAYOR this 8th day of August , 2011.
Denis Law, Mayor
Approved as to form: *
Lawrence J. Warren, City Attorney
RES.1521:7/26/ll:scr
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