HomeMy WebLinkAboutRES 2796 CITY OF RENTON, WASHINGTON
RESOLUTION NO. 2796
A RESOLUTION OF THE CITY OF RENTON, WASHINGTON,
AUTHORIZING THE MAYOR AND CITY CLERK TO ENTER INTO AN
INTERLOCAL COOPERATIVE AGREEMENT WITH THE CITY OF MERCER
ISLAND FOR THE EXCHANGE OF CITY OF RENTON GENERAL FUNDS
FOR CITY OF MERCER ISLAND COMMUNITY DEVELOPMENT BLOCK
GRANT FUNDS.
WHEREAS, the City of Mercer Island has available to it certain
block grant funds which it is unable to utilize for projects
eligible for those funds; and
WHEREAS, the City of Renton has projects eligible for
Community Development Block Grant funds; and
WHEREAS, the City of Mercer Island is willing to exchange
Community Development Block Grant funds in the amount of $42, 161 . 00
for City of Renton general funds in the amount of $27 , 826 . 26; and
WHEREAS, this fund exchange would appear to be in the best
interests of the citizens of the City of Renton.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON,
WASHINGTON, DO 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 of the City of Renton,
Washington, are hereby authorized to enter into an interlocal
cooperative agreement with the City of Mercer Island to exchange
Community Development Block Grant funds for City of Renton general
funds .
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RESOLUTION NO. 2796
PASSED BY THE CITY COUNCIL this 23rd day of April, 1990 .
'D/3/ • ,i JP. !Gw
Marilyn I -tersen, City Clerk
APPROVED BY THE MAYOR this 23rd day of April, 1990 .
Nancy Mathews , Mayor Pro tem
Approve s to form:
Qac
Lawrence J. War n, City Attorney
RE S . 90 : 04/19/90
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