Loading...
HomeMy WebLinkAbout828'· .. _ _,_ RESOLUTION NO. A RESOLUTION of the City Council of the City of Kent, Washington establishing revisions in the 1976 Housing Rehabilitation Assistance Program under the Housing and Community Develop- ment Act of 1974 and adopting program guidelines. WHEREAS, the United States Congress in 1974 enacted public law 93-383, commonly called the "Housing and Develop- ment Act of 1974", and hereinafter called "the Act", and WHEREAS, the primary objective of the Act is "the development of viable urban communities, by providing decent housing and suitable living environment and expanding economic opportunities, principally for persons of low and moderate in- come", and WHEREAS, the City of Kent has already adopted a Housing Rehabilitation Assistance Program intended to achieve the above objective by allocation of $15,000.00 to subsidize interest on home improvement loans, and $10,000.00 to repair grants for the same purpose for citizens eligible under this program, and WHEREAS, the interest subsidy element of the program has not been fully used by the citizens of Kent, and WHEREAS, the City of Kent has found it necessary to re- vise the existing Housing Rehabilitation Program to enable a greater number of persons to participate, and WHEREAS, the City of Kent desires to continue its agree- ment with the King County Housing Authority and to authorize said authority to undertake the actual rehabilitation of housing in Kent which would qualify under the revised program, NOW, THEREFORE THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DO HEREBY RESOLVE: 1. That the 1976 Program be revised to reallocate the $25,000.00 as follows: 1976 Program Award $25,000 Interest Subsidy $15,000.00 Committed 1,056.95 Grants Committed 10,000.00 3,985.79 Total (unexpended) Proposed Revision Total (Change to Grants) King County Housing Authority Administrative Cost 10% Grant Funds Available Balance $13,943.05 6,014.21 $19,957.26 19,957.26 1,814.30 $18,142.96 2. That the City of Kent extend its agreement with the Housing Authority of King County, authorizing said Housing Autho- rity to purchase materials and perform rehabilitation and repair work on homes identified by the City of Kent as participating in the 1976 Housing Rehabilitation Assistance Programs and to carry on necessary administrative duties. PASSED at the Regular Meeting of the Kent City Council this 20th day of June, 197~-~-.-·1 , , ~ 1 . /-----.. ---/Jtz&/A ( 09-c~ I' • ,.,.../-· :; ' • i ~ .... _ //:>>./ .-,' . . / --1./ "' I ISABEL HOGAN, ~ ATTEST: DONALD E. MIRK, CITY ATTORNEY ri~I~ereby certify that this is a true copy of Resolution No. ~, passed by the City Council of the City of Kent, Washington, the 20th day of June, 1977. ---~~~~~~L·=·~~==~~~~~~~~~=-----(SEAL) ~E ~CITY CLERK ~ - 2 -