HomeMy WebLinkAboutRES 3940CITY OF RENTON,WASHINGTON
RESOLUTION NO.3940
A RESOLUTION OF THE CITY OF RENTON,WASHINGTON,
AUTHORIZING THE MAYOR AND CITY CLERK TO SIGN THE
REGIONAL AFFORDABLE HOUSING PROGRAM (RAHP)
INTERLOCAL COOPERATION AGREEMENT FOR THE RENEWED
AGREEMENT TERM OF JANUARY 1,2007,THROUGH DECEMBER
31,2011.
WHEREAS,in 2002,Substitute House Bill 2060 established a surcharge on a document
recording fee in order to support affordable housing projects at the state and local levels;and
WHEREAS,an Interlocal Agreement ("Agreement")between King County and certain
suburban cities has allocated these funds to affordable income housing projects;and
WHEREAS,a Joint Recommendation Committee reviews and adopts the funding
allocations,which are targeted by subregional geographic areas;and
WHEREAS,the funds are further prioritized by economic need,and by project type,
with rehabilitation and/or new construction projects receiving top priority;and
WHEREAS,since 2003,the Agreement has supported three major affordable housing
projects in the Renton area:1)the DASH workforce housing development currently under
construction at 5th and Williams,2)the Foundation for the Challenged,which supports a group
home for developmentally disabled persons,and 3)Compass Center,which is currently
developing plans for a single development that would provide housing and services for veterans
in downtown Renton;and
WHEREAS,the Agreement has expired,and the new Agreement term will be January 1,
2007,through December 31,2011;and
WHEREAS,it is necessary to document the terms and conditions under which this
Interlocal Cooperation Agreement between King County and certain suburban cities will operate;
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RESOLUTION NO.3940
NOW,THEREFORE,THE CITY COUNCIL OF THE CITY OF RENTON,
WASHINGTON,DOES RESOLVE AS FOLLOWS:
SECTION I.
SECTION II.
The above findings are true and correct in all respects.
The Mayor and City Clerk are hereby authorized to sign the
Regional Affordable Housing Program Interlocal Cooperation Agreement for the renewed
Agreement term of January 1,2007,through December 31,2011.
PASSED BY THE CITY COUNCIL this 7th day of __A-,p,--r_i_l ,2008.
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Bonnie 1.Walton,City Clerk
APPROVED BY THE MAYOR this 7 th
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Lawrence J.Warren,City Attorney
RES.1329:3/18/08:scr
2
day of __A_p_r_i_l ,2008.
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Denis Law,Mayor