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FINANCECOMMITTEECOMMITTEEREPORTMarch2,2020APPROVEDBYCITYC9I4NCILDate________AgreementforGrantAwardstoRentonHousingAuthorityforSunsetOaksAffordableRentalHousingProject(ReferredonFebruary24,2020)TheFinanceCommitteerecommendsconcurrenceinthestaffrecommendationto:(1)approvetheGeneralFund&DensityFeeAffordableRentalHousingAgreementwithRentonHousingAuthorityfortheSunsetOaksApartments;and(2)authorizetheMayortoexecutesaidagreementinsubstantiallythesameform.ValerieO’Halloran,MemberKim-KhánhVan,ViceChair1055SouthGradyWay,Renton,WA98057rentonwa.gov FINANCECOMMITTEECOMMITTEEREPORTMarch2,2020APPROVEDBYCITYCOUNCILDate_______TheFinanceCommitteerecommendsconcurrenceinthestaffrecommendationtoauthorizetheMayorandCityClerktoexecutetheLocalAgencyAgreementSupplementNo.1toCAG-15-006withtheWashingtonStateDepartmentofTransportationfortheobligationofgrantfundingandallsubsequentagreementsnecessarytoaccomplishtheRainierAvenueSouthCorridorImprovementsPhase4Project.Kim-KhánhVn,ViceChairValerieO’Halloran,Membercc:JimSeitz,TransportationSystemsDirectorVangieGarcia,TransportationPlanningandProgrammingManagerBobHanson,TransportationDesignManagerHeatherGregersen,ProgramDevelopmentCoordinatorIIKelseyMarshall,TransportationAdministrativeSecretaryIL.ocalAgencyAgreementSupplementNo.1toCAG-15-006withtheWashingtonStateDepartmentofTransportationfortheRainierAvenueSouthCorridorImprovementsPhase4Project(February24,2020)EdPrince,Chair1055SouthGradyWay,Renton,WA98057.rentonwa.gov